LATAM Smartphone Market Size & Outlook, 2025-2033

LATAM Smartphone Market Insights

Based on Deep Market Insights findings, the LATAM Smartphone Market size reached USD 29.75 Billion in 2024 and is expected to grow to USD 45.04 Billion by 2033.
During 2025–2033, the market is forecasted to advance at a CAGR of 4.69%.
Android represented the largest share of the OS market in terms of size in 2024.
Among the OS segments, Android is forecasted to achieve the highest growth and remain the most lucrative through the forecast period.

In 2024, LATAM accounted for 5.17% of the global Smartphone Market size.
By 2033, United States is projected to lead the global market in terms of market size.
Mexico is projected to emerge as the fastest-growing market in LATAM, reaching USD 13.01 Billion by 2033.

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 29.75 Billion
Market Size In 2033	USD 45.04 Billion
Largest segment	Android
Units	Revenue in USD Billion
CAGR	4.69% (2025-2033)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends