By the second quarter of 2018, there were 442 million unique mobile subscribers across Latin America and the Caribbean, accounting for 68% of the population. Despite the slowing mobile subscriber growth in recent years, Latin America and the Caribbean still has substantial room for growth. The region will account for 10% of all new subscribers globally out to 2025.
Top Line Findings of the 2018 Mobile Economy in Latin America and the Caribbean:
- Unique mobile subscribers in Latin America and the Caribbean totaled 436 million in 2017; with 67% penetration rate.
- The number is expected to reach 517 million in 2025.
- Mobile broadband connections totaled 477 million and are forecasted to reach 733 million in 2025.
- Smartphone penetration was 62% and is predicted to reach 78% in 2025.
- The total IoT connections were 444 million in 2017 and are predicted to reach 1.3 billion in 2025.
A Figure Shows the Unique Mobile Subscribers in Latin America and the Caribbean from 2000 to 2025
Content of “The Mobile Economy in Latin America & the Caribbean” Report:
- EXECUTIVE SUMMARY
- INDUSTRY OVERVIEW
- Subscriber Penetration to Reach Three-Quarters of Population by 2025
- Subscriber Growth to Be Delivered by the Region’s Larger Countries
- Smartphone Adoption Accelerating
- Adoption Starting to Gather Pace
- 5G Impact to Come From Next Decade
- Revenue and Capex Trends Stabilising
- MOBILE CONTRIBUTING TO GROWTH, INNOVATION AND SOCIAL DEVELOPMENT
- Mobile Delivering Growth and Jobs
- Mobile Enabling the Digital Economy
- Mobile Addressing Social Challenges
- POLICY OPPORTUNITIES FOR REGULATORY MODERNISATION
- Towards a Connected Latin America
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