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 826.7 million in 2023.
- The market is expected to grow at a CAGR of 16.7% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating offering in 2023.
- 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 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 826.7 million |
| Market revenue in 2030 | USD 2,433.3 million |
| Growth rate | 16.7% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 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 9.8% of the global base station antenna market in 2023.
- 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Base Station Antenna Market Scope
Base Station Antenna Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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 68.66% in 2023. 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.
Reasons to subscribe to Latin America base station antenna market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America base station antenna market databook
-
Our clientele includes a mix of base station antenna market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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.
Partial client list
Latin America base station antenna market size, by country, 2018-2030 (US$M)
Latin America Base Station Antenna Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
