/ Researches / The Mobile Economy: Latin America and the Caribbean, 2018 | GSMA Intelligence
The Mobile Economy: Latin America and the Caribbean, 2018 | GSMA Intelligence
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:
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
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