Share of 5G mobile connections in Latin America 2030, by country

By 2030, Brazil is expected to have the highest share of 5G mobile connections in Latin America, with the technology accounting for 77 percent of total mobile connections in the country. Chile and Uruguay followed with a 68 and 65 percent share, respectively.

The future is here

5G is the latest generation of wireless network in the market. Successor to 4G, this new technology offers users lower latency, higher reliability, and better connection performance. Even though the rollout of these networks is still in the early stages in Latin America, a total of 28 wireless networks using fifth-generation technology had been deployed across the territory by mid-2023. By the end of that year, it is forecast that the growing telecommunications infrastructure in the region will translate into approximately 49 million 5G subscriptions.

New dawn, new day

As more people connect to the internet, compounded by the global increase in the use of smartphones and connected devices, a more powerful transmission network is urgently needed. Although the initial deployment may appear to be slow, 5G is set to account for 21 percent of all global connections as soon as 2025. Furthermore, forecasts for that year indicate that the rapid increase in 5G subscriptions worldwide will drive the figure to reach some 2.6 billion, with almost two-thirds in Asia alone.