Skip to main content

More than 140 Million Smartphones in Latin America

The overall Latin American mobile market will grow by 7.1 percent this year -- ending 2013 with 742 million mobile subscriptions, according to the latest market study by Informa Telecoms & Media.

While many developed mobile markets are struggling to continue growing, because of the deterioration of economic conditions, Latin America’s mobile market will prosper in 2013.

"There is a big appetite for mobile data services in the region, and such services will be the growth engine for the sector," said Marceli Passoni, senior analyst at Informa Telecoms & Media.

Although voice will remain the main revenue stream for mobile network operators, accounting for 76 percent of service revenues, data revenues will increase by 18 percent year-on-year -- reaching $27.7 billion.

The low PC and fixed-broadband penetrations in Latin America, combined with a reduction in smartphone prices and greater affordability of mobile data plans, contribute to the increasing mobile broadband adoption.

The popularity of smartphones has increased significantly in Latin America, and smartphones are expected to account for 46 percent of total handset sales in 2013. Meanwhile, Informa estimates that the number of smartphone connections in Latin America will increase 35 percent year-on-year in 2013, to 140.7 million.

Mobile broadband adoption has been the driving force behind strong momentum for LTE technology in the region, with the majority of operators planning to launch 4G services shortly, according to an industry survey by Informa.

In contrast to 3G, which took off in developed markets much earlier and faster than in Latin America, more than 60 percent of operators polled said they would launch 4G services by 2013.

LTE-spectrum auctions are also planned in Argentina, Colombia, Jamaica, Peru and Uruguay this year, and the service is expected to go live in Chile and be fully commercially launched in Brazil.

Although more than 40 LTE phones have been launched globally, that is still a fraction of the nearly 2,500 3G-handset models on offer. But the number of LTE handsets is expanding rapidly, which will drive down costs.

As a consequence, in 2013 LTE will represent only 0.3 percent of mobile subscriptions in Latin America. But given the speed at which LTE is being launched worldwide compared with previous technologies, it is likely to be more widely adopted in the medium term.

In 2013, the region will also see strong pressure from regulators against monopolistic practices in the telecoms market.

"Local governments want to strengthen antitrust regulation in the market by restricting the participation of dominant players. In Colombia and Mexico, where America Movil dominates the mobile market, with over 60 percent share, the discussions will be hot in 2013," Passoni added.

Popular posts from this blog

2022 Tech Trends Outlook: What Happens Next?

This year may very well be another period of unprecedented challenges and opportunities. In 2022, several highly anticipated technology-related advancements will NOT happen, according to the predictions by ABI Research. Their analysts identify many trends that will shape the technology market and some others that, although attracting huge amounts of pundit speculation and commentary, are less likely to advance rapidly over the next twelve months. "The fallout from COVID-19 prevention measures, the process of transitioning from pandemic to endemic disease, and global political tensions weigh heavily on the coming year's fortunes," said Stuart Carlaw, chief research officer at ABI Research . What Won’t Happen in 2022? Despite all the headlines and investments, the metaverse will not arrive in 2022 or, for that matter, within the typical 5-year forecast window. The metaverse is still more of a buzzword and vision than a fully-fledged end goal with a clearly defined arrival d

Digital Transformation for the Oil and Gas Sector

The savvy CEOs of multinational organizations will accelerate their investment in digital transformation projects in 2022, and beyond, to improve their competitiveness. Every industry leader that is forward-looking will act swiftly to grasp the upside opportunity. Global oil & gas companies face a myriad of operational, commercial, and existential security threats. According to the latest worldwide market study by ABI Research, oil & gas firms apply digitalization to combat these threats and will spend $15.6 billion on digital technologies by 2030. Oil & Gas Digital Apps Market Development Investments in digitalization can help to analyze a supply pipeline’s condition, prepare for fluctuations in the changing prices for oil and gas, as well as aid action plans to create more sustainable operations and transfer to producing renewable energy sources. "Safety and Security are top priorities for oil & gas operators. Data analytics allied with IoT platforms have become

How Ride-Sharing Apps Changed Local Transport

Building on significant advances in disruptive mobile app technology, ride-sharing services have emerged to become a popular means of urban mobility. This is unsurprising given the advantages of ride-sharing options over traditional transport modes, such as buses and more expensive taxis. Innovative ride-sharing platforms enable app users to customize their journeys according to real-time phenomena, such as nearby traffic conditions, time of day, and rider demand. However, this is not to say that ride-sharing services are perfect. The popularity of ride-sharing has resulted in some additional traffic congestion in major cities already struggling to control this issue, while the widespread disruption caused by the pandemic affected most stakeholders within the local transportation value chain. Ride-Sharing App Market Development According to the latest worldwide market study by Juniper Research, ride-sharing spending by consumers globally will exceed $937 billion by 2026 -- that's c