The Latin American smartphone market declined by 4% in Q1 2025 year-on-year, ending a six-quarter growth streak. The region reached 33.7 million shipments, down from 34.9 million last year. Brazil showed a rather modest growth of 3% during the period. Brazil is also the region's biggest market, accounting for 38% of the total smartphone sales. Mexico is the second-biggest market, with 22% of the shipments, but sales dipped by 18%. This sharp decline is likely due to increased competition in 2024, which forced aggressive device renewal. The Central America region ranks third,...
Source: https://www.gsmarena.com/smartphone_shipments_in_latam_fall_4_in_q1_2025_due_to_fear_of_tariffs-news-68119.php
