Latin America Mobile VoIP Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$4,034.5

Forecast, 2030 (US$M)

$9,568.9

CAGR, 2024 - 2030

13.1%

Report Coverage

Latin America

Latin America mobile voip market, 2018-2030 (US$M)

Related Markets

Global Mobile VoIP Industry Outlook

North America Mobile VoIP Market Outlook

Europe Mobile VoIP Market Outlook

Asia Pacific Mobile VoIP Market Outlook

MEA Mobile VoIP Market Outlook

Latin America mobile voip market highlights

The Latin America mobile voip market generated a revenue of USD 4,034.5 million in 2023.
The market is expected to grow at a CAGR of 13.1% from 2024 to 2030.
In terms of segment, video and voice calls was the largest revenue generating service in 2023.
Video and Voice Calls is the most lucrative service segment registering the fastest growth during the forecast period.

Latin America data book summary

Market revenue in 2023	USD 4,034.5 million
Market revenue in 2030	USD 9,568.9 million
Growth rate	13.1% (CAGR from 2023 to 2030)
Largest segment	Video and voice calls
Fastest growing segment	Video and Voice Calls
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Video and Voice Calls

Other key industry trends

In terms of revenue, Latin America region accounted for 9.0% of the global mobile voip 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 35,086.0 million by 2030.

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Mobile VoIP Market Scope

Mobile voip market segmentation & scope

Service

Video and Voice Calls

Video Conferencing

Instant Messaging

Others

Platform

Android OS

iOS

Windows OS

Others

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

U.S.

Canada

Mexico

Germany

France

Italy

Spain

Japan

China

India

South Korea

Brazil

Saudi Arabia

South Africa

Mobile VoIP Market Companies

Name	Profile	# Employees	HQ	Website

Latin America mobile voip 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 mobile voip market will help companies and investors design strategic landscapes.

Video and voice calls was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America mobile voip market based on video and voice calls covering the revenue growth of each sub-segment from 2018 to 2030.

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Our clientele includes a mix of mobile voip market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America mobile voip market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America mobile voip market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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