The Latin America, Middle East and Africa Standalone 5G Network Market would witness market growth of 58.2% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Standalone 5G Network Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,023.5 million by 2031. The Argentina market is showcasing a CAGR of 60.3% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 56.9% during (2024 - 2031).
The standalone 5G network market represents a transformative leap in the realm of connectivity, reshaping how industries, governments, and consumers interact with technology. As the next evolution of mobile communication technology, standalone (SA) 5G networks are designed to unlock the full potential of 5G, independent of legacy 4G infrastructure.
Additionally, unlike non-standalone (NSA) 5G, which relies on a 4G LTE backbone, SA 5G networks are built on a dedicated 5G core, delivering unparalleled speed, ultra-low latency, and unprecedented scalability. This shift from hybrid to pure 5G architecture creates new opportunities across diverse sectors, drives innovation, and sets the foundation for a fully connected digital ecosystem.
The standalone 5G network market in the LAMEA region is characterized by its diversity, with nations embracing technology to address unique challenges and drive growth. From Saudi Arabia’s healthcare advancements to South Africa’s smart cities and Brazil’s industrial transformation, SA 5G demonstrates its versatility and potential across sectors. Regional initiatives like the Arab Digital Economy Strategy and partnerships with global tech leaders further propel adoption.
Free Valuable Insights: The Worldwide Standalone 5G Network Market is Projected to reach USD 50.4 Billion by 2031, at a CAGR of 55.2%
Based on Spectrum, the market is segmented into Sub-6 GHz and mmWave. Based on Network, the market is segmented into Public and Private. Based on Component, the market is segmented into Solutions (5G Radio Access Network (RAN), 5G Core Network, and Other Solutions Type) and Services. Based on Vertical, the market is segmented into Manufacturing, Enterprise/Corporate, Automotive & Transportation, Energy & Utilities, Healthcare/Hospitals , Smart Cities, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Spectrum
By Network
By Component
By Vertical
By Country
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