Mobile Satellite Services, LATAM, 2023–2030
Description
The mobile satellite industry in Latin America is crucial to economic growth, social connectivity, and digital inclusion. As smartphone penetration continues to increase and network coverage expands, the demand for LTE and 5G connectivity drives market innovation, supports businesses, and enhances general access to an essential service. However, given the vast territory of the LATAM region, there are numerous remote areas without access to connectivity. Industries such as energy, maritime, and agriculture operate in these areas, but the lack of connectivity infrastructure hinders their operations.
The study is segmented into three categories: by type of service (with a clear dominance of the voice and data), by industry (including agriculture, aviation, energy and utilities, government, maritime, and others), and by country (including Argentina, Brazil, and Mexico). Although each country has unique characteristics shaped by economic and political conditions, the study aims to provide stakeholders with a relevant understanding of growth opportunities in the LATAM mobile communications market as a whole. To obtain this information, Frost & Sullivan conducted comprehensive market research in this sector, presenting essential insights into the competitive environment, market trends, and growth drivers and restraints for 2023 to 2030.
The study is segmented into three categories: by type of service (with a clear dominance of the voice and data), by industry (including agriculture, aviation, energy and utilities, government, maritime, and others), and by country (including Argentina, Brazil, and Mexico). Although each country has unique characteristics shaped by economic and political conditions, the study aims to provide stakeholders with a relevant understanding of growth opportunities in the LATAM mobile communications market as a whole. To obtain this information, Frost & Sullivan conducted comprehensive market research in this sector, presenting essential insights into the competitive environment, market trends, and growth drivers and restraints for 2023 to 2030.
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