The Mobile Economy Smartphones Licensed
cellular
Latin America
Percentage of connections
IoT connections
Unique Mobile
2023
80%
mobile
subscribers
internet
users
2030
92% 2023
74m
2023
465m 2023
418m Operator
2030
125m
72% penetration rate* 65% penetration rate* revenues and
investment
2030
523m
78% penetration rate*
2030
485m
72% penetration rate* 2023
$71bn
Mobile's
contribution
to GDP
Total revenues
1.7% 3.3%
$84bn
CAGR CAGR
$520bn
2023-2030 2023-2030 2030
2023
*Percentage of population *Percentage of population
Total revenues 8% of GDP
SIM 4G
$600bn
Percentage of connections
$109bn
Operator capex
(excluding licensed cellular IoT) for the period 2030
connections 2023–2030:
(excluding licensed cellular IoT)
2023
66%
2023
687m
107% penetration rate*
2030
36% Public
funding
Employment
2030
768m 5G Percentage of connections
(excluding licensed cellular IoT) 2023
2023
1m jobs
5% $50bn
114% penetration rate*
Directly supported by the
2023
mobile ecosystem
1.6%
55% 1m
CAGR
2023-2030
2030
Mobile ecosystem contribution to
public funding (before regulatory Plus
*Percentage of population
and spectrum fees) indirect jobs