The Latin America telecoms market: trends and forecasts 2019–2024
Telecoms retail revenue in Latin America (LATAM) will increase by nearly 8% between 2019 and 2024. This report provides an analysis of the main telecoms trends in Latin America and explains how they will evolve in the next 5 years.
Fixed broadband revenue in Latin America will increase at a CAGR of 5.3% between 2018 and 2024, driven by the rapid adoption of NGA-based and 4G/5G BFWA services.
THIS REPORT AND ASSOCIATED DATA ANNEX PROVIDE:
- a 5-year forecast of more than 180 mobile and fixed KPIs for the LATAM region as a whole and for six key countries
- an in-depth analysis of the trends, drivers and forecast assumptions for each type of mobile and fixed service, and for key countries
- an overview of operator strategies and country-specific topics, in order to highlight similarities and differences by means of a cross-country comparison
- a summary of results, key implications and recommendations for mobile and fixed operators.
<div> Executive summary and recommendations<br />Mobile handset, fixed broadband and pay-TV revenue will be the main drivers of telecoms retail revenue growth in Latin America<br />Telecoms retail revenue in Latin America will increase, but at a slower rate than other areas of the regions economy<br />Geographical coverage: NGA and 4G/5G connectivity will increase considerably across the region thanks to strong investment from operators<br />Key trends, drivers and assumptions for the mobile and fixed markets<br />Key recommendations for telecoms operators<br />Regional forecasts and cross-country comparison<br />Market context: growth in the telecoms sector in Latin America will be limited despite continuing economic recovery<br />Key mergers, acquisitions and market entries<br />Key drivers at a glance for each country in Latin America<br />Market overview: fixed broadband, mobile handset and specialist business services will account for the majority of telecoms revenue growth in next 5 years<br />Mobile: 4G and 5G will account for a majority of the mobile connections in Latin America by 2024<br />Mobile: mobile ARPU will increase during the forecast period as subscribers continue to move from prepaid to contract services<br />Mobile: 5G is expected to be launched between 2021 and 2022 in most of the countries in Latin America, and will rapidly penetrate the mobile market<br />Fixed: fixed broadband revenue will increase in Latin America as subscribers switch from DSL to more-expensive cable, fibre and BFWA services</div>
<div>Fixed: the adoption of faster technologies will drive FBB ASPU growth in most countries in Latin America except Peru and Mexico<br />Fixed: retail revenue will grow during the forecast period, driven by expanded fixed broadband coverage and increasing specialist business revenue<br />Specialist business services: services revenue from dedicated connections, as well as revenue from other business services, will increase during the forecast period<br />IoT: revenue from the IoT value chain in LATAM will double between 2018 and 2024, but it will still only account for a small fraction of the telecoms retail revenue<br />Pay TV: the market will continue to be dominated by cable and DTH; operators activities in the OTT market will be limited during the forecast period<br />Individual country forecasts<br />Argentina: telecoms revenue will decline as consumer spending falls and operators investments slow due to the economic crisis in the country<br />Argentina: despite challenging market conditions, the share of 4G, 5G and fibre connections will grow significantly during the forecast period<br />Argentina: the telecoms market is expected to change in the coming years as operators move away from DSL and introduce converged services<br />Argentina: forecast changes<br />Brazil: telecoms retail revenue will increase, supported by a recovering economy<br />Brazil: the share of 4G and 5G connections will increase during the forecast period; data usage will therefore increase<br />Brazil: fibre optic will become the main fixed broadband technology by 2024</div>
<div>Brazil: forecast changes<br />Chile: the rapid take-up of smartphones and the demand for high-speed broadband will drive the total telecoms revenue growth in the region<br />Chile: declining revenue from voice services will hamper revenue growth in the fixed segment<br />Chile: network investments and a stable economic outlook will contribute to the total telecoms service revenue growth<br />Chile: forecast changes<br />Colombia: telecoms retail revenue will increase supported by growth in both the fixed and mobile segments<br />Colombia: cable modem will become the dominant fixed broadband technology by 2024<br />Colombia: fixed broadband revenue will increase, driven by subscribers switching from DSL to more-expensive cable connections<br />Colombia: forecast changes<br />Mexico: revenue will grow within the forecast period, supported by increased revenue from mobile handsets, fixed broadband and business services<br />Mexico: an increase in the number of 4G and 5G connections is expected to result in rapid acceleration of data usage<br />Mexico: fixed broadband revenue will increase, driven by an increasing NGA footprint<br />Mexico: forecast changes<br />Peru: both the fixed and mobile segments will contribute to total service revenue growth in the forecast period</div>
<div>Peru: accelerated 4G service take-up, the launch of 5G services, and the growing demand for data will help to maintain relatively stable mobile ASPU<br />Peru: network investments and strong demand for data will be the main drivers of the total telecoms market revenue growth<br />Peru: forecast changes<br />Methodology<br />Our forecast model is supported by sound market knowledge<br />Examples of forecast input drivers<br />Key drivers at a glance table: methodology [1]<br />Key drivers at a glance table: methodology [2]<br />About the authors and Analysys Mason<br />About the authors<br />Analysys Masons consulting and research are uniquely positioned<br />Research from Analysys Mason<br />Consulting from Analysys Mason</div>
<div> </div>
<div>
<div>
<div>
<div> </div>
<div>List of figures:</div>
</div>
</div>
</div>
</div>
<p> </p>
<p>Figure 1: Telecoms and pay-TV retail revenue, by type, and total service revenue, Latin America, 2014–2024<br />Figure 2: Growth in telecoms retail revenue and nominal GDP by country, Latin America, 2018–2024<br />Figure 3: 4G/5G share of mobile connections and NGA share of fixed broadband connections by country, Latin America, 2018 and 20241<br />Figure 4: Summary of key trends, drivers and assumptions for Latin America<br />Figure 5: Metrics for the six countries modelled individually in Latin America, 2018<br />Figure 6: Recent and upcoming market structure changes in Latin America<br />Figure 7: Major forecast drivers: current situation (2018) and future trajectory (2019–2024), by country, Latin America<br />Figure 8: Total fixed and mobile telecoms service revenue, Latin America (USD billion), 2014–2024<br />Figure 9: Mobile connections by type, Latin America (million), 2014–2024<br />Figure 10: Telecoms retail revenue and growth rate by service type, Latin America, 2014–2024<br />Figure 11: Fixed connections by type, Latin America (million), 2014–2024<br />Figure 12: Mobile connections by generation, Latin America (million), 2014–2024<br />Figure 13: Mobile ARPU by type, Latin America (USD per month), 2014–2024<br />Figure 14: Contract share of mobile connections (excluding IoT), Latin America, 2014–2024<br />Figure 15: Mobile data traffic per connection, Latin America (MB per month), 2014–2024<br />Figure 16: Mobile penetration by country, Latin America, 2014–2024<br />Figure 17: Mobile ARPU by country, Latin America, 2014–2024<br />Figure 18: Broadband connections by technology, Latin America (million), 2014–2024<br />Figure 19: Fixed retail revenue by service, Latin America (USD billion), 2014–2024<br />Figure 20: NGA broadband household penetration and NGA share of broadband connections, Latin America, 2014–2024<br />Figure 21: Fixed Internet traffic per broadband connection, Latin America (GB per month), 2014–2024<br />Figure 22: Fixed broadband household penetration by country, Latin America, 2014–2024<br />Figure 23: Fixed broadband access ASPU by country, Latin America, 2014–2024<br />Figure 24: Total market revenue from specialist business services, Latin America, 2014–2024<br />Figure 25: Total IoT value chain revenue by sector, Latin America, 2014–2024<br />Figure 26: Retail revenue from pay TV, Latin America, 2014–2024<br />Figure 27: Total fixed and mobile telecoms service revenue, Argentina (ARS billion), 2014–2024<br />Figure 28: Mobile connections by type, Argentina (million), 2014–2024<br />Figure 29: Telecoms retail revenue and growth rate by service type, Argentina, 2014–2024<br />Figure 30: Fixed connections by type, Argentina (million), 2014–2024<br />Figure 31: 4G, 5G and contract share of mobile connections, Argentina, 2014–2024<br />Figure 32: Mobile ARPU, fixed voice ASPU and fixed broadband ASPU, Argentina (ARS per month), 2014–2024<br />Figure 33: Mobile data traffic per connection, Argentina (MB per month), 2014–2024<br />Figure 34: Broadband connections by technology, Argentina (million), 2014–2024<br />Figure 35: Total telecoms service revenue – current and previous forecasts, Argentina, 2014–2024<br />Figure 36: Total fixed and mobile telecoms service revenue, Brazil (BRL billion), 2014–2024<br />Figure 37: Mobile connections by type, Brazil (million), 2014–2024<br />Figure 38: Telecoms retail revenue and growth rate by service type, Brazil, 2014–2024<br />Figure 39: Fixed connections by type, Brazil (million), 2014–2024<br />Figure 40: 4G, 5G and contract share of mobile connections, Brazil, 2014–2024<br />Figure 41: Mobile ARPU, fixed voice ASPU and fixed broadband ASPU, Brazil (BRL per month), 2014–2024<br />Figure 42: Mobile data traffic per connection, Brazil (MB per month), 2014–2024<br />Figure 43: Broadband connections by technology, Brazil (million), 2014–2024<br />Figure 44: Total telecoms service revenue – current and previous forecasts, Brazil, 2014–2024<br />Figure 45: Total fixed and mobile telecoms service revenue, Chile (CLP trillion), 2014–2024<br />Figure 46: Mobile connections by type, Chile (million), 2014–2024<br />Figure 47: Telecoms retail revenue and growth rate by service type, Chile, 2014–2024<br />Figure 48: Fixed connections by type, Chile (million), 2014–2024<br />Figure 49: 4G, 5G and contract share of mobile connections, Chile, 2014–2024<br />Figure 50: Mobile ARPU, fixed voice ASPU and fixed broadband ASPU, Chile (CLP thousand per month), 2014–2024<br />Figure 51: Mobile data traffic per connection, Chile (MB per month), 2014–2024<br />Figure 52: Broadband connections by technology, Chile (million), 2014–2024<br />Figure 53: Total telecoms service revenue – current and previous forecasts, Chile, 2014–2024<br />Figure 54: Total fixed and mobile telecoms service revenue, Colombia (COP trillion), 2014–2024<br />Figure 55: Mobile connections by type, Colombia (million), 2014–2024<br />Figure 56: Telecoms retail revenue and growth rate by service type, Colombia, 2014–2024<br />Figure 57: Fixed connections by type, Colombia (million), 2014–2024<br />Figure 58: 4G, 5G and contract share of mobile connections, Colombia, 2014–2024<br />Figure 59: Mobile ARPU, fixed voice ASPU and fixed broadband ASPU, Colombia (COP thousand per month), 2014–2024<br />Figure 60: Mobile data traffic per connection, Colombia (MB per month), 2014–2024<br />Figure 61: Broadband connections by technology, Colombia (million), 2014–2024<br />Figure 62: Total telecoms service revenue – current and previous forecasts, Colombia, 2014–2024<br />Figure 63: Total fixed and mobile telecoms service revenue, Mexico (MXN billion), 2014–2024<br />Figure 64: Mobile connections by type, Mexico (million), 2014–2024<br />Figure 65: Telecoms retail revenue and growth rate by service type, Mexico, 2014–2024<br />Figure 66: Fixed connections by type, Mexico (million), 2014–2024<br />Figure 67: 4G, 5G and contract share of mobile connections, Mexico, 2014–2024<br />Figure 68: Mobile ARPU, fixed voice ASPU and fixed broadband ASPU, Mexico (MXN per month), 2014–2024<br />Figure 69: Mobile data traffic per connection, Mexico (MB per month), 2014–2024<br />Figure 70: Broadband connections by technology, Mexico (million), 2014–2024<br />Figure 71: Total telecoms service revenue – current and previous forecasts, Mexico, 2014–2024<br />Figure 72: Total fixed and mobile telecoms service revenue, Peru (PEN billion), 2014–2024<br />Figure 73: Mobile connections by type, Peru (million), 2014–2024<br />Figure 74: Telecoms retail revenue and growth rate by service type, Peru, 2014–2024<br />Figure 75: Fixed connections by type, Peru (million), 2014–2024<br />Figure 76: 4G, 5G and contract share of mobile connections, Peru, 2014–2024<br />Figure 77: Mobile ARPU, fixed voice ASPU and fixed broadband ASPU, Peru (PEN per month), 2014–2024<br />Figure 78: Mobile data traffic per connection, Peru (MB per month), 2014–2024<br />Figure 79: Broadband connections by technology, Peru (million), 2014–2024<br />Figure 80: Total telecoms service revenue – current and previous forecasts, Peru, 2014–2024<br />Figure 81: Methodology for attributing scores to each element in the key drivers table (current and future) and impact of high scores<br />Figure 82: Methodology for attributing scores to each element in the key drivers table (current and future) and impact of high scores</p>
<p> </p>
Leading Network Communication and ICT Equipment Providers and Their Private 5G Network Solutions (pre-order)
Private 5G network is one of the focal topics at MWC 2023, and many companies are aggressively strengthening their own solutions through collaborations, mergers & acquisitions, and other strategies to
USD 2000 View ReportAWS in the telecoms industry
AWS in the telecoms industry market research report available in single user pdf license with Aarkstore Enterprise at USD 499
USD 499 View ReportLatin America Nucleic Acid Testing Market Opportunities in 22 Countries
Latin America Nucleic Acid Testing Market Opportunities in 22 CountriesThis new 22-country report is available by country, market segment, section, or individual test. The report is designed to help current
USD 14500 View ReportWhats Next for Latin America Genetic Diseases, Cancer, Forensic and Paternity Molecular Diagnostics Market?
Whats Next for Latin America Genetic Diseases, Cancer, Forensic and Paternity Molecular Diagnostics MarketThe report is available by section, market segment, and can be customized to your specific information needs
USD 14500 View ReportFill The Form For Sample Request