Latin America 5g Devices Market Size & Outlook, 2024-2030

The 5g devices market in Latin America is expected to reach a projected revenue of US$ 117,710.6 million by 2030. A compound annual growth rate of 36% is expected of Latin America 5g devices market from 2025 to 2030.
Revenue, 2024 (US$M)
$19,917.4
Forecast, 2030 (US$M)
$117,710.6
CAGR, 2025 - 2030
36%
Report Coverage
Latin America

Latin America 5g devices market highlights

  • The Latin America 5g devices market generated a revenue of USD 19,917.4 million in 2024.
  • The market is expected to grow at a CAGR of 36% from 2025 to 2030.
  • In terms of segment, phones was the largest revenue generating form factor in 2024.
  • Laptop is the most lucrative form factor segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.

Latin America data book summary

Market revenue in 2024USD 19,917.4 million
Market revenue in 2030USD 117,710.6 million
Growth rate36% (CAGR from 2025 to 2030)
Largest segmentPhones
Fastest growing segmentLaptop
Historical data covered2019 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPhones, CPE, Modules, Hotspots, Switches, & Routers, Laptop, Tablets, Others (USB Modems, In-vehicle routers/modems/hot-spots)
Key market players worldwideZTE Corp Class H, Samsung Electronics Co Ltd, Xiaomi Corp Class B, Sony Group Corp ADR, D-Link, Huawei Technologies, Nokia Oyj, Inseego, HTC Corp DR

Other key industry trends

  • In terms of revenue, Latin America region accounted for 9.4% of the global 5g devices market in 2024.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • North America is the fastest growing regional market and is projected to reach USD 340,694.0 million by 2030.

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5G Devices Market Companies

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Latin America 5g devices market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 5g devices market will help companies and investors design strategic landscapes.


Phones was the largest segment with a revenue share of 79.4% in 2024. Horizon Databook has segmented the Latin America 5g devices market based on phones, cpe, modules, hotspots, switches, & routers, laptop, tablets, others (usb modems, in-vehicle routers/modems/hot-spots) covering the revenue growth of each sub-segment from 2019 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America 5g devices market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America 5g devices market from 2019 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America 5g devices market size, by country, 2019-2030 (US$M)

Latin America 5G Devices Market Outlook Share, 2024 & 2030 (US$M)

Latin America 5g devices market size, by country, 2019-2030 (US$M)

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