Market Share of Latin America IT Device Industry
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
Samsung Electronics Co., Ltd.
Lenovo Group Limited
Apple Inc
Xiaomi Corporation
Huawei Technologies Co., Ltd.
*Disclaimer: Major Players sorted in no particular order
