Latin America Standalone 5g Network Market Size & Outlook
Latin America standalone 5g network market, 2021-2030 (US$M)
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Latin America standalone 5g network market highlights
- The Latin America standalone 5g network market generated a revenue of USD 42.8 million in 2024.
- The market is expected to grow at a CAGR of 43.1% from 2025 to 2030.
- In terms of segment, solutions was the largest revenue generating component in 2024.
- Services is the most lucrative component 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 42.8 million |
| Market revenue in 2030 | USD 368.5 million |
| Growth rate | 43.1% (CAGR from 2024 to 2030) |
| Largest segment | Solutions |
| Fastest growing segment | Services |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solutions, Services |
Other key industry trends
- In terms of revenue, Latin America region accounted for 1.8% of the global standalone 5g network 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 18,368.2 million by 2030.
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Standalone 5G Network Market Scope
Standalone 5G Network Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America standalone 5g network 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 standalone 5g network market will help companies and investors design strategic landscapes.
Solutions was the largest segment with a revenue share of 81.78% in 2024. Horizon Databook has segmented the Latin America standalone 5g network market based on solutions, services covering the revenue growth of each sub-segment from 2021 to 2030.
The growing use of 5G services by businesses and consumers in their daily lives is driving the demand for 5G services in the Latin American market. This demand can be attributed to the benefits of 5G services such as higher connectivity, flexibility, and high-speed internet, which are driving the demand for 5G infrastructure.
According to the GSMA, as of March 2023, eight countries in Latin America region had launched commercial 5G services. The deployment of 5G standalone networks in Latin America is characterized by a gradual yet determined approach, with telecom operators increasingly focusing on urban areas as initial deployment sites.
In October 2024, Radiográfica Costarricense S.A. (RACSA) partnered with Nokia Corporation to launch Costa Rica's first 5G standalone network. The initial phase of the rollout included the installation of 30 sites in key urban areas, with an additional 170 sites planned for deployment later this year. Future phases aim to expand the network to a total of 500 sites.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America standalone 5g network market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America standalone 5g network market from 2021 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America standalone 5g network market size, by country, 2021-2030 (US$M)
Latin America Standalone 5G Network Market Outlook Share, 2024 & 2030 (US$M)
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