At 13.6% CAGR, South & Central America 5G Base Station Market is Projected to be worth US$ 3,232.73 million by 2030, says Business Market Insights

According to Business Market Insights' research, the South & Central America 5G base station market was valued at US$ 1,168.07 million in 2022 and is projected to reach US$ 3,232.73 million by 2030, registering a CAGR of 13.6% from 2022 to 2030. Increased demand for low latency and high-speed data and rise in usage of edge computing are among the critical factors attributed to drive the South & Central America 5G base station market growth.

Edge computing and 5G are two linked technologies. They both enable huge amounts of data to be processed in real time and used to improve the performance of applications substantially. By bringing compute experiences into the network closer to the end user, edge computing reduces latency. The growing penetration of smart devices, the need for faster processing, and the increased speed pressure on networks are a few factors that contribute to the adoption of edge computing. Edge computing, combined with 5G, creates opportunities to enhance digital experiences, improve performance, support data security, and enable continuous operations in every industry. Edge computing brings computation and data storage closer to the data source. By leveraging the computational capacity of edge devices, networks, and gateways, users can continue to take advantage of the principles of dynamic allocation of resources and continuous delivery that are inherent to cloud computing. With edge computing, businesses have the potential to virtualize the cloud beyond the four walls of the data center. Workloads created in the cloud, including some of the more modern forms of AI and analytics, can now be migrated out toward the edge. Where appropriate, data generated at the edge can be optimized, cleansed, and brought back to the cloud. Edge computing enables improved data control and lower costs by minimizing data transportation to central hubs and reducing weaknesses and continuous operations by enabling systems that run autonomously, even when disconnected, to reduce disruption and lower costs. Edge computing is widely used in 5G networks. Hence, the rising usage of edge computing is anticipated to fuel the 5G base station market growth in the coming years.

On the contrary, high cost of installing 5G infrastructure hampers the growth of South & Central America 5G base station market.

Based on component, the South & Central America 5G base station market is bifurcated into hardware and service. The hardware segment held 87.5% market share in 2022, amassing US$ 1,021.84 million. It is projected to garner US$ 2,851.46 million by 2030 to register 13.7% CAGR during 2022-2030.

In terms of frequency band, the South & Central America 5G base station market is segmented into less than 2.5 GHz, 2.5 - 8 GHz, 8 - 25 GHz, and more than 25 GHz. The less than 2.5 GHz segment held 43.8% share of South & Central America 5G base station market in 2022, amassing US$ 511.72 million. It is anticipated to garner US$ 1,370.60 million by 2030 to expand at 13.1% CAGR during 2022-2030.

By cell type, the South & Central America 5G base station market is divided into macrocell and small cell. The small cell segment held 62.3% share of South & Central America 5G base station market in 2022, amassing US$ 728.13 million. It is projected to garner US$ 2,047.14 million by 2030 to expand at 13.8% CAGR from 2022 to 2030.

Based on end user, the South & Central America 5G base station market is segmented into industrial, commercial, and residential. The commercial segment held 78.2% market share in 2022, amassing US$ 913.01 million. It is projected to garner US$ 2,486.68 million by 2030 to register 13.3% CAGR during 2022-2030.

Based on country, the South & Central America 5G base station market is categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 49.5% share of South & Central America 5G base station market in 2022. It was assessed at US$ 578.55 million in 2022 and is likely to hit US$ 1,663.24 million by 2030, registering a CAGR of 14.1% during 2022-2030.

Key players operating in the South & Central America 5G base station market are Huawei Technologies Co Ltd, NEC Corp, Nokia Corp, Samsung Electronics Co Ltd, Telefonaktiebolaget LM Ericsson, and ZTE Corp, among others.

• In November 2023, Samsung Electro-Mechanics announced that it has developed a high-capacitance, high-voltage MLCC for 5G communication base stations. Samsung Electro-Mechanics' new MLCC is the size 3225 (3.2mm in width, 2.5mm in height) with a high capacitance of 10uF (microfarad) and a high rated voltage (highest voltage that equipment can withstand without being damaged by voltage) of 100V (volt).
  
  
  
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