Bharat Book Bureau Provides the Trending Market Research Report on “Latin America 5G Chipset Market 2019-2025”under Media and Technology Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

MARKET OUTLOOK
The 5G Chipset Market in Latin America would exhibit a CAGR of 42.29% during the estimated period 2019-2025.

Brazil, Mexico and the Rest of Latin America together form the 5G chipset market in Latin America.

Uruguay is the first country in Latin America to launch commercial 5G internet connectivity, which is claimed to be ten times more speed than previous networks.

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As Brazil is one of the world’s largest countries, huge investments have to be made in the development of infrastructure facilities. Similarly, it has to invest heavily in setting the equipment for 5G, that will enable the transition from 4G to 5G technology heavily. Besides, the country has a big population and hence the number of active mobile phones used are high and are expected to increase even further.

This is one of the key factors driving the 5G market growth in the country. The Brazilian National Telecommunications Agency (ANATEL) is set to host the largest spectrum auction for 5G technology. Brazil will become the second country to receive a 5G network service in the region.

Mexico ranks second in the number of active mobile subscribers in Latin America. The institute of Federal de Telecomunicaciones in Mexico has announced the plans to auction the 5G network spectrum. Since 2014, seven MVNOs have been launched in Mexico and more than 15 are anticipated during the next few years

COMPETITIVE OUTLOOK
Some of the major players in the 5G chipset market are Infineon Technologies, Intel Corporation, Fujitsu, Broadcom, Huawei Technologies Co Ltd, Nokia, IBM Corporation and Hewlett Packard Enterprise (HPE).

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