Colombia Telecom Services Market Size & Outlook, 2025-2030
Colombia telecom services market, 2018-2030 (US$M)
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Colombia telecom services market highlights
- The Colombia telecom services market generated a revenue of USD 5,617.8 million in 2025 and is expected to reach USD 6,310.1 million by 2030.
- The Colombia market is expected to grow at a CAGR of 2.4% from 2026 to 2030.
- In terms of segment, mobile data services was the largest revenue generating service type in 2025.
- Mobile Data Services is the most lucrative service type segment registering the fastest growth during the forecast period.
Telecom services market data book summary
| Market revenue in 2025 | USD 5,617.8 million |
| Market revenue in 2030 | USD 6,310.1 million |
| Growth rate | 2.4% (CAGR from 2026 to 2030) |
| Largest segment | Mobile data services |
| Fastest growing segment | Mobile Data Services |
| Historical data | 2018 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed Voice Services, Fixed Internet Access Services, Mobile Voice Services, Mobile Data Services, Pay TV Services, Machine-to-Machine (Mobile IoT) Services |
| Key market players worldwide | AT&T, Verizon Communications Inc, Nippon Telegraph & Telephone Corp, China Mobile, Deutsche Telekom AG, SoftBank Group Corp, Telefonica SA, Vodafone Group PLC, KT Corp ADR, Reliance Inc, KDDI Corp, Orange SA, BT Group PLC, Comcast Corp Class A |
Other key industry trends
- In terms of revenue, Colombia accounted for 0.3% of the global telecom services market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil telecom services market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 53,780.1 million by 2030.
Mobile data services was the largest segment with a revenue share of 29.19% in 2025. Horizon Databook has segmented the Colombia telecom services market based on fixed voice services, fixed internet access services, mobile voice services, mobile data services, pay tv services, machine-to-machine (mobile iot) services covering the revenue growth of each sub-segment from 2018 to 2030.
Colombia has made substantial improvements in rolling out ICT services and internet access to its residents in urban areas. The Ministry of ICT reported in Q4/2022, that there were 48.9 million internet connections, including 40.1 million mobile connections and 8.8 million fixed internet access points.
The most used technology was 4G, which accounted for 85.2% of connections, followed by 3G and 2G with 13.2% and 1.5%, respectively. Thus, the increasing number of internet users across the country is emerging as a major factor driving the growth of the market.
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Telecom Services Market Scope
Telecom Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Colombia telecom services market size, by service type, 2018-2030 (US$M)
Colombia Telecom Services Market Outlook Share, 2025 & 2030 (US$M)
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