Latin America 5g Base Station Market Size & Outlook
This continent databook contains high-level insights into Latin America 5g base station market from 2018 to 2030, including revenue numbers, major
Macro cells represented USD 22.9 billion and 61.3% of the 2024 5G base station market share, providing umbrella coverage and mobility anchor services. Yet small cells are forecast to expand at a 29.4% CAGR, pushing their slice of the 5G base station market size toward USD 50 billion by 2030.
There is also positive sentiment towards 5G among enterprises in Latin America. GSMA Intelligence research shows that enterprises in the region across all verticals find new technologies such as 5G, private networks, massive IoT, edge and slicing compelling to advance their digital transformation.
Asia Pacific dominated the global 5G base station market in 2024. Suppliers of 5G base stations were benefited from the rapid development of 5G technology. Huawei, Ericsson, Nokia, ZTE, and Samsung are among the world's leading suppliers. In 2024, these five vendors control almost 96.12 % of the global market.
Back in July of last year, Verizon received the first U.S. manufactured 5G base station from a facility in Texas. Pictured is Verizon's CTO Kyle Malady holding some of the hardware. Image used courtesy of Ericsson
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