Latin America Base Station Antenna Market Size & Outlook
Latin America base station antenna market, 2018-2030 (US$M)
Related Markets
Latin America base station antenna market highlights
- The Latin America base station antenna market generated a revenue of USD 537.2 million in 2024.
- The market is expected to grow at a CAGR of 16.7% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating offering in 2024.
- Services is the most lucrative offering 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 2024 | USD 537.2 million |
| Market revenue in 2030 | USD 1,335.8 million |
| Growth rate | 16.7% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Services |
| Key market players worldwide | Amphenol Corp Class A, Comba Telecom Systems Holdings Ltd, CommScope Holding Co Inc, Huawei Technologies, Telefonaktiebolaget L M Ericsson ADR, Tongyu Communication, Radio Frequency Systems, Kaelus |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.5% of the global base station antenna market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,667.4 million by 2030.
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Base Station Antenna Market Scope
Base Station Antenna Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America base station antenna 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 base station antenna market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 78.2% in 2024. Horizon Databook has segmented the Latin America base station antenna market based on hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
The growing use of high-speed internet by businesses and consumers in their daily lives is driving the demand for 5G services in the Latin American market. According to the GSMA, as of March 2023, eight countries in Latin America had launched 5G commercial services.
As existing networks expand to cover new areas, the adoption of 5G in Latin America is expected to overtake 2G in 2024, 3G in 2026, and 4G in 2029. 5G is expected to account for approximately 60% of overall mobile connections in the region by 2030.
For instance, Telefónica, a major telecom operator in Latin America, plans to embark on a 5G rollout initiative in Brazil, deploying advanced base station antennas to support high-speed data transmission.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America base station antenna market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America base station antenna market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America base station antenna market size, by country, 2018-2030 (US$M)
Latin America Base Station Antenna Market Outlook Share, 2024 & 2030 (US$M)
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