Latin America IT Device Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Latin American IT Device Market is Segmented by Type (PCs - Laptops, Desktop PCs and Tablets, and Phones - Land Lines, Smart Phones, and Feature Phones) and Geography (Brazil, Argentina, Mexico, Colombia, and Rest of Latin America). The market sizes and forecasts are provided in terms of value in USD million for all the above-mentioned segments.

Latin America IT Device Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Latin America IT Device Market Size

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Latin America IT Device Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 1.10 %
Market Concentration Low

Major Players

Latin America IT Device Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Latin America IT Device Market with other markets in Technology, Media and Telecom Industry

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Latin America IT Device Market Analysis

The Latin America IT Device Market is expected to register a CAGR of 1.1% during the forecast period.

  • The rapid implementation of the internet of things (IoT) across the region extends internet access to various devices that employ embedded technology to communicate and interact via the internet. This is increasing the demand for both innovation and more conventional and IoT-enabled devices like desktop and laptop computers, cell phones, and tablets.
  • Smartphones have evolved into essential tools for people worldwide, and Latin America is no different, whether they are used for communication, information access, or entertainment. The booming e-commerce business in Latin America has a natural effect on the rise in smartphone use. Brazil, Mexico, and Argentina have the most potential online sales marketplaces, and the COVID-19 pandemic helped popularise online purchasing in these countries.
  • However, Latin America is experiencing the highest rate of inflation growth in more than the last two decades. In Q1 this year, OEMs in Latin American markets were engaged in an intense price war, which lessened the effects of consumer demand that had begun to decline. However, this situation may die down in the future, particularly for smartphones in the mid-to-high price band segment.
  • Furthermore, the launch of expensive smartphones in the market, coupled with the roll-out of 5G in the region, has pent up a sizeable market for mobile phones in countries like Brazil and Argentina. Notably, the spread of high-end smartphones in the market and the low purchasing power of Brazilians have contributed to the demand for refurbished second-hand smartphones in the country.
  • The COVID-19 pandemic propelled computer/laptop and tablet sales across the region. The Brazilian computer market has witnessed a trend shift, and it is experiencing higher demand from enterprises of all sizes and the government sector. The post-covid demand for official computers has been robust in this region on the back of replacement orders of old, outdated systems that couldn't take place for the last two years. Also, the e-commerce market in Peru, Mexico, Argentina, and Colombia increased almost ten times during the COVID-19 pandemic, thereby driving escalated demand for smartphones in the area.

Latin America IT Device Industry Overview

The Latin American IT device market is fragmented as it consists of several key players. They are in constant efforts to bring advancements. A few prominent companies are entering into collaborations and expanding their global footprints in developing regions to consolidate their positions in the market. The major player in this market includes Samsung, Motorola, Apple, Lenovo, and HP.

  • In October 2022, Microsoft declared the launch of surface laptop 5, Pro 9, and Studio 2. At the launch, Microsoft also unveiled many intriguing new features for Windows 11. The IT giant has continuously pushed the boundaries of traditional computing with the vision and pursuit of innovation.
  • In September 2022, Nokia announced that it had partnered with Flex Brazil, the multinational electronics company, to set up 5G standalone private wireless networks throughout all its Brazilian production locations. Through a strong 5G network, the firms seek to jointly provide cutting-edge manufacturing solutions to Brazil's growing Industry 4.0 industry.

Latin America IT Device Market Leaders

  1. Samsung Electronics Co., Ltd.

  2. Lenovo Group Limited

  3. Apple Inc

  4. Xiaomi Corporation

  5. Huawei Technologies Co., Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
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Latin America IT Device Market News

  • August 2022: Nokia unveiled its strategic alliance with the market-leading network cable company Furukawa Electric LatAm to expedite the implementation of optical LAN in Latin America. The program of deploying optical LAN in partnership with both companies would start in Brazil.
  • June 2022: Huawei cloud hosted COMPASS, Latin America's Internet Summit 2022. Since the dawn, the compass has been crucial in directing human exploration and major economic and cultural advances. It is consistent with Huawei Cloud's mission to open new markets in Latin America's Internet sector. Providing everything as a service is Huawei Cloud's main goal.

Latin America IT Device Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness-Porter's Five Force Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Impact of COVID-19 on the IT Device Industry

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Growth in E-commerce Business
    • 5.1.2 Robust Demand for Smart Phones
  • 5.2 Market Restraints
    • 5.2.1 Intense Inflation Disrupting the Demand

6. MARKET SEGMENTATION

  • 6.1 By Type
    • 6.1.1 PC's
    • 6.1.1.1 Laptops
    • 6.1.1.2 Desktop PCs
    • 6.1.1.3 Tablets
    • 6.1.2 Phones
    • 6.1.2.1 Landline Phones
    • 6.1.2.2 Smartphones
    • 6.1.2.3 Feature Phones
  • 6.2 By Geography
    • 6.2.1 Brazil
    • 6.2.2 Argentina
    • 6.2.3 Mexico
    • 6.2.4 Colombia
    • 6.2.5 Rest of Latin America

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 HP Inc.
    • 7.1.2 Dell Technologies
    • 7.1.3 Acer Group
    • 7.1.4 Lenovo Group Limited
    • 7.1.5 ASUSTek Computer Inc
    • 7.1.6 Apple Inc
    • 7.1.7 Microsoft Corporation
    • 7.1.8 Honor Technology, Inc.
    • 7.1.9 Samsung Electronics Co., Ltd.
    • 7.1.10 Motorola, Inc.
    • 7.1.11 Xiaomi Corporation
    • 7.1.12 Huawei Technologies Co., Ltd.
    • 7.1.13 Guangdong Oppo Mobile Telecommunications Corp., Ltd
    • 7.1.14 Vivo Communication Technology Co. Ltd.
    • 7.1.15 Nokia Corporation
    • 7.1.16 Zhongxing New Telecommunications Equipment Co., Ltd
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE TRENDS

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Latin America IT Device Industry Segmentation

As digitalization advances, hardware components are continuously updated to meet the most recent requirements. PCs and phones are the two sectors that make up the devices market in the technology market outlook.

The Latin American IT device market is segmented by type (PCs - laptops, desktop PCs and tablets, and phones - landlines, smartphones, and feature phones) and by geography (Brazil, Argentina, Mexico, Colombia, and Rest of Latin America). The market sizes and forecasts are provided in terms of value in USD million for all the above segments.

By Type PC's Laptops
Desktop PCs
Tablets
Phones Landline Phones
Smartphones
Feature Phones
By Geography Brazil
Argentina
Mexico
Colombia
Rest of Latin America
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Latin America IT Device Market Research FAQs

What is the current Latin America IT Device Market size?

The Latin America IT Device Market is projected to register a CAGR of 1.1% during the forecast period (2025-2030)

Who are the key players in Latin America IT Device Market?

Samsung Electronics Co., Ltd., Lenovo Group Limited, Apple Inc, Xiaomi Corporation and Huawei Technologies Co., Ltd. are the major companies operating in the Latin America IT Device Market.

What years does this Latin America IT Device Market cover?

The report covers the Latin America IT Device Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Latin America IT Device Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Latin America IT Device Industry Report

Statistics for the 2025 Latin America IT Device market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Latin America IT Device analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.