South & Central America 2G & 3G Switch Off Market Forecast to 2030

At -17.7% CAGR, South & Central America 2G & 3G Switch Off Market is Speculated to be Worth US$ 1,860.99 Million by 2030, says the Research Team

According to the Research Team’ research, the South & Central America 2G & 3G switch off market was valued at US$ 13,058.70 million in 2020 and is projected to reach US$ 1,860.99 million by 2030, registering a CAGR of -17.7% from 2020 to 2030. Emergence of 5G technology and private 5G networks are among the critical factors attributed to drive the South & Central America 2G & 3G switch off market growth.

A private 5G network is a dedicated Local Area Network (LAN) that provides enterprise, industrial, and other customers with increased internet access. Next-generation network services are projected to satisfy the requirement for crucial wireless communication for public safety, industrial operations, and critical infrastructure connectivity as they evolve. Additionally, the global market is growing due to the increasing need for ultra-reliable, low-latency connections for applications based on the Industrial Internet of Things (IIoT), including robots, collaborative industrial cameras, industrial cameras, and industrial sensors.

Various prominent industrial incumbents, such as ABB Ltd., Siemens AG, and Mercedes-Benz AG, have significantly utilized sensor-based technologies and industrial robotics to achieve higher operational productivity and efficiency with the evolution of Industry 4.0. The private 5G network is important for delivering continuous and secure internet connectivity to the IIoT. Enterprise digitalization is also fueling the market growth. As businesses become more digitalized, they need faster, more reliable, and secure connectivity to support their operations. Furthermore, the demand for time-sensitive networking (TSN) and real-time-based networking is expanding rapidly across numerous industries, including transportation, manufacturing, oil & gas, and aerospace.

Furthermore, to stay competitive in the market, several market players are taking initiatives. For instance, in 2023, Nokia partnered with DXC technology to launch DXC signal private LTE and 5G solutions. Nokia and DXC Technology, one of the leading Fortune 500 global technology services companies, announced the availability of DXC Signal Private LTE and 5G, a managed secure private wireless network and digitalization platform solution that helps industrial enterprises digitally transform their operations. Therefore, the increasing adoption of IoT is creating a strong demand for private 5G networks.

On the contrary, prevalent use of 2G and 3G in some application areas hampers the growth of South & Central America 2G & 3G switch off market.

Based on type, the South & Central America 2G & 3G switch off market is bifurcated into 2G and 3G. The 3G segment held 82.9% market share in 2020, amassing US$ 10,821.22 million. It is projected to garner US$ 1,860.99 million by 2030 to register -16.1% CAGR during 2020-2030.

In terms of application, the South & Central America 2G & 3G switch off market is segmented into message, voice, data, and IoT. The data segment held 52.8% share of South & Central America 2G & 3G switch off market in 2020, amassing US$ 6,891.43 million. It is anticipated to garner US$ 906.21 million by 2030 to register -18.4% CAGR during 2020-2030.

Based on country, the South & Central America 2G & 3G switch off market is categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 50.8% share of South & Central America 2G & 3G switch off market in 2020. It was assessed at US$ 6,637.29 million in 2020 and is likely to hit US$ 377.42 million by 2030, registering a CAGR of -24.9% during 2020-2030.

Key players operating in the South & Central America 2G & 3G switch off market are AT&T Inc, Deutsche Telekom AG, KDDI Corp, NTT Data Corp, Orange SA, Telefonica SA, and Vodafone Group Plc, among others.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America 2G & 3G switch off market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the South & Central America 2G & 3G switch off market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the South & Central America 2G & 3G switch off market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America 2G & 3G Switch Off Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.3 Premium Insights
4.3.1 Future of Smart Home
4.3.2 Impact of 2G/3G Sunset on Smart Home
5. South & Central America 2G & 3G Switch Off Market – Key Market Dynamics
5.1 South & Central America 2G & 3G Switch Off Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Emergence of 5G Technology
5.2.2 Increasing Adoption of Industry 4.0 and Edge Computing
5.2.3 Growing Demand for Smart Cities
5.3 Market Restraints
5.3.1 Prevalent Use of 2G and 3G in Some Application Areas
5.3.2 Higher Installation Costs for 4G and 5G
5.4 Market Opportunities
5.4.1 Rising Digital Transformation Across SME’s
5.5 Future Trends
5.5.1 Private 5G Networks
5.6 Impact of Drivers and Restraints:
6. 2G & 3G Switch Off Market – South & Central America Market Analysis
6.1 South & Central America 2G & 3G Switch Off Market Revenue (US$ Million), 2020 – 2030
6.2 South & Central America 2G & 3G Switch Off Market Forecast and Analysis
7. South & Central America 2G & 3G Switch Off Market Analysis – Type
7.1 2G
7.1.1 Overview
7.1.2 2G Market, Revenue and Forecast to 2030 (US$ Million)
7.2 3G
7.2.1 Overview
7.2.2 3G Market, Revenue and Forecast to 2030 (US$ Million)
8. South & Central America 2G & 3G Switch Off Market Analysis – Application
8.1 Message
8.1.1 Overview
8.1.2 Message Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Voice
8.2.1 Overview
8.2.2 Voice Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Data
8.3.1 Overview
8.3.2 Data Market, Revenue and Forecast to 2030 (US$ Million)
8.4 IoT
8.4.1 Overview
8.4.2 IoT Market, Revenue and Forecast to 2030 (US$ Million)
9. South & Central America 2G & 3G Switch Off Market – Country Analysis
9.1 South & Central America 2G & 3G Switch Off Market Overview
9.1.1 South & Central America 2G & 3G Switch Off Market Revenue and Forecasts and Analysis – By Country
9.1.1.1 South & Central America 2G & 3G Switch Off Market Revenue and Forecasts and Analysis – By Country
9.1.1.2 Brazil 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.2.1 Brazil 2G & 3G Switch Off Market Breakdown, by Type
9.1.1.2.2 Brazil 2G & 3G Switch Off Market Breakdown, by Application
9.1.1.3 Argentina 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.3.1 Argentina 2G & 3G Switch Off Market Breakdown, by Type
9.1.1.3.2 Argentina 2G & 3G Switch Off Market Breakdown, by Application
9.1.1.4 Rest of South & Central America 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.4.1 Rest of South & Central America 2G & 3G Switch Off Market Breakdown, by Type
9.1.1.4.2 Rest of South & Central America 2G & 3G Switch Off Market Breakdown, by Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
11. Company Profiles
11.1 AT&T Inc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Financial Overview
11.1.4 SWOT Analysis
11.1.5 Key Developments
11.2 Deutsche Telekom AG
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Financial Overview
11.2.4 SWOT Analysis
11.2.5 Key Developments
11.3 KDDI Corp
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Financial Overview
11.3.4 SWOT Analysis
11.3.5 Key Developments
11.4 NTT Data Corp
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Financial Overview
11.4.4 SWOT Analysis
11.4.5 Key Developments
11.5 Orange SA
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Financial Overview
11.5.4 SWOT Analysis
11.5.5 Key Developments
11.6 Telefonica SA
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Financial Overview
11.6.4 SWOT Analysis
11.6.5 Key Developments
11.7 Vodafone Group Plc
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Financial Overview
11.7.4 SWOT Analysis
11.7.5 Key Developments
12. Appendix
12.1 Word Index

LIST OF TABLES

Table 1. South & Central America 2G & 3G Switch Off Market Segmentation
Table 2. List of Vendors in the Ecosystem:
Table 3. South & Central America 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Million)
Table 4. South & Central America 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 5. South & Central America 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 6. South & Central America 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn) – By Country
Table 7. Brazil 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 8. Brazil 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 9. Argentina 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 10. Argentina 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 11. Rest of South & Central America 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 12. Rest of South & Central America 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 13. List of Abbreviation

LIST OF FIGURES

Figure 1. South & Central America 2G & 3G Switch Off Market Segmentation, By Country
Figure 2. Ecosystem: 2G & 3G Switch Off Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. South & Central America 2G & 3G Switch Off Market Revenue (US$ Million), 2020 – 2030
Figure 5. South & Central America 2G & 3G Switch Off Market Share (%) – Type, 2020 and 2030
Figure 6. 2G Market Revenue and Forecasts to 2030 (US$ Million)
Figure 7. 3G Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. South & Central America 2G & 3G Switch Off Market Share (%) – Application, 2020 and 2030
Figure 9. Message Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Voice Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Data Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. IoT Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. South & Central America 2G & 3G Switch Off Market, by Key Country – Revenue (2020) (US$ Million)
Figure 14. South & Central America 2G & 3G Switch Off Market Breakdown by Key Countries, 2020 and 2030 (%)
Figure 15. Brazil 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 16. Argentina 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 17. Rest of South & Central America 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn)