By 2025, 5G technology will account for 14% of the region’s overall mobile connections, according to a GSMA report.
The report forecasts 5G to reach 55% of the total mobile connections in Latin America by 2030.
The report also revealed that the region will have a total of 425 million 5G subscribers by the end of the decade.
“By that time, 5G technology will represent a two-digit portion of the total connections in Argentina, Brazil, Chile, Mexico, Guatemala and Uruguay. In the second half of the decade, 5G adoption will rise sharply as new 5G markets emerge and existing 5G networks expand to new areas,” the report said.
The report notes that the first 5G use cases in Latin America relate to enhanced mobile broadband services (eMBB) and fixed wireless access (FWA) to meet the growing demand for connectivity.
According to the report, 5G technology is expected to contribute with $70 billion to the Latin American economy in 2030 – a figure representing almost 11% of the total economic impact of the mobile sector.
Brazil is expected to be the country with the highest penetration of 5G by 2030, with this technology accounting for 78% of the country’s overall mobile base, according to the report.
In 2023, 5G technology accounted for 9% of the country’s overall mobile base.
