South & Central America 5G Services Market Forecast to 2031 - Regional Analysis

Description

List of Tables

The South & Central America 5G services market was valued at US$ 1,873.44 million in 2023 and is expected to reach US$ 54,793.21 million by 2031; it is estimated to register a CAGR of 52.5% from 2023 to 2031.

Digital Transformation Fuels South & Central America 5G Services Market

Organizations struggle to be competitive in a rapidly changing and dynamic market. Through digital transformation, businesses aim to increase their competitive advantage, improve business performance and processes, and achieve business growth. Digital transformation has become a new model for many organizations to gain competitive advantages in the intense and dynamic market competition. Moreover, the COVID-19 pandemic has boosted digital transformation activities by forcing organizations to increase their use of digital platforms for consumers and employees. 5G plays a pivotal role in this new era of global digital transformation with its incredibly low latency, huge traffic capacity, and superfast data rates. In such a massive digital revolution, 5G facilitates quick communication between IoT machines, sensors, and devices. 5G networks can carry data at peak rates of up to 20 Gbps, which is far faster than 4G networks. They have a high dependability of up to 99.9999% when sending data. Moreover, 5G offers faster and more reliable connectivity than previous generations of mobile technology. Businesses can use real-time data analytics and insights to optimize operations and improve customer experiences with 5G.

As industries worldwide move toward an intelligent world defined by connectivity and digitalization, integrating technologies such as 5G within industries helps speed up digitalization for faster, more stable connectivity for applications such as cloud computing, virtual reality (VR), and video streaming. Thus, digital transformation across industries is likely to provide opportunities for the 5G services market.

South & Central America 5G Services Market Overview

The National Telecommunications Agency (Anatel) has approved the licensing and activation of 5G technology stations in an additional 395 Brazilian municipalities. This leads to the total number of municipalities with 5G coverage to 3,678, covering ~181.3 million Brazilians, which represents ~85% of the population. As of March 2024, nine out of Brazil's 27 states have all their municipalities licensed for 5G. Moreover, according to GSMA, 5G subscribers in Brazil are forecast to reach 179 million by 2030. As per Brazilian carrier TIM, Brazilian cities with more than 500,000 inhabitants will use the 5G network by July 2025.

South & Central America 5G Services Market Revenue and Forecast to 2031 (US$ Million)

South & Central America 5G Services Market Segmentation

The South & Central America 5G services market is categorized into type, end user, and country.

By type, the South & Central America 5G services market is segmented into enhanced mobile broadband (eMBB), massive machine-type communications (mMTC), ultra-reliable low latency (uRLLC), and fixed wireless access (FWA). The enhanced mobile broadband (eMBB) segment held the largest share of the South & Central America 5G services market share in 2023.

In end user, the South & Central America 5G services market is bifurcated into enterprises and consumers. The enterprises segment held a larger share of the South & Central America 5G services market share in 2023. Enterprises sub segmented into IT & telecom, manufacturing, healthcare, BFSI, retail & e-commerce, and others.

Based on country, the South & Central America 5G services market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil segment held the largest share of South & Central America 5G services market in 2023.

Deutsche Telekom AG, Huawei Technologies Co Ltd, Nokia Corp, Orange SA, Samsung Electronics Co Ltd, Telefonaktiebolaget LM Ericsson, Vodafone Group Plc, and ZTE Corp are some of the leading companies operating in the South & Central America 5G services market.

Product Code: BMIRE00031405

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. South & Central America 5G Services Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in Value Chain

5. South & Central America 5G Services Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Increasing Number of 5G Subscribers
- 5.1.2 Emerging use cases for 5G
5.2 Market Restraints
- 5.2.1 High Initial Cost
5.3 Market Opportunities
- 5.3.1 Increase in Adoption of IoT Devices
- 5.3.2 Digital Transformation
5.4 Trends
- 5.4.1 Standalone 5G Network Infrastructure
5.5 Impact of Drivers and Restraints:

6. 5G Services Market - South & Central America Analysis

6.1 South & Central America 5G Services Market Revenue (US$ Million), 2021-2031
6.2 South & Central America 5G Services Market Forecast Analysis

7. South & Central America 5G Services Market Analysis - by Type

7.1 Enhanced Mobile Broadband (eMBB)
- 7.1.1 Overview
- 7.1.2 Enhanced Mobile Broadband (eMBB): South & Central America 5G Services Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Massive Machine-Type Communications (mMTC)
- 7.2.1 Overview
- 7.2.2 Massive Machine-Type Communications (mMTC): South & Central America 5G Services Market - Revenue and Forecast to 2031 (US$ Million)
7.3 Ultra-Reliable Low Latency (uRLLC)
- 7.3.1 Overview
- 7.3.2 Ultra-Reliable Low Latency (uRLLC): South & Central America 5G Services Market - Revenue and Forecast to 2031 (US$ Million)
7.4 Fixed Wireless Access (FWA)
- 7.4.1 Overview
- 7.4.2 Fixed Wireless Access (FWA): South & Central America 5G Services Market - Revenue and Forecast to 2031 (US$ Million)

8. South & Central America 5G Services Market Analysis - by End User

8.1 Enterprises
- 8.1.1 Overview
- 8.1.2 Enterprises: South & Central America 5G Services Market - Revenue and Forecast to 2031 (US$ Million)
- 8.1.3 IT & Telecom
  - 8.1.3.1 Overview
  - 8.1.3.2 IT & Telecom: South & Central America 5G Services Market - Revenue and Forecast to 2031 (US$ Million)
- 8.1.4 Manufacturing
  - 8.1.4.1 Overview
  - 8.1.4.2 Manufacturing: South & Central America 5G Services Market - Revenue and Forecast to 2031 (US$ Million)
- 8.1.5 Healthcare
  - 8.1.5.1 Overview
  - 8.1.5.2 Healthcare: South & Central America 5G Services Market - Revenue and Forecast to 2031 (US$ Million)
- 8.1.6 BFSI
  - 8.1.6.1 Overview
  - 8.1.6.2 BFSI: South & Central America 5G Services Market - Revenue and Forecast to 2031 (US$ Million)
- 8.1.7 Retail & Ecommerce
  - 8.1.7.1 Overview
  - 8.1.7.2 Retail & Ecommerce: South & Central America 5G Services Market - Revenue and Forecast to 2031 (US$ Million)
- 8.1.8 Others
  - 8.1.8.1 Overview
  - 8.1.8.2 Others: South & Central America 5G Services Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Consumers
- 8.2.1 Overview
- 8.2.2 Consumers: South & Central America 5G Services Market - Revenue and Forecast to 2031 (US$ Million)

9. South & Central America 5G Services Market - Country Analysis

9.1 South & Central America
- 9.1.1 South & Central America: 5G Services Market - Revenue and Forecast Analysis - by Country
  - 9.1.1.1 South & Central America: 5G Services Market - Revenue and Forecast Analysis - by Country
  - 9.1.1.2 Brazil: 5G Services Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.2.1 Brazil: 5G Services Market Breakdown, by Type
    - 9.1.1.2.2 Brazil: 5G Services Market Breakdown, by End User
      - 9.1.1.2.2.1 Brazil: 5G Services Market Breakdown, by Enterprises
  - 9.1.1.3 Argentina: 5G Services Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.3.1 Argentina: 5G Services Market Breakdown, by Type
    - 9.1.1.3.2 Argentina: 5G Services Market Breakdown, by End User
      - 9.1.1.3.2.1 Argentina: 5G Services Market Breakdown, by Enterprises
  - 9.1.1.4 Rest of South & Central America: 5G Services Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.4.1 Rest of South & Central America: 5G Services Market Breakdown, by Type
    - 9.1.1.4.2 Rest of South & Central America: 5G Services Market Breakdown, by End User
      - 9.1.1.4.2.1 Rest of South & Central America: 5G Services Market Breakdown, by Enterprises

10. Competitive Landscape

10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Expansion
11.5 Partnerships and Collaboration

12. Company Profiles

12.1 Huawei Technologies Co Ltd
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Telefonaktiebolaget LM Ericsson
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Nokia Corp
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Samsung Electronics Co Ltd
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 ZTE Corp
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Vodafone Group Plc
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Orange SA
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Deutsche Telekom AG
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments

13. Appendix

13.1 Word Index
13.2 About The Insight Partners