Latin America: number of IoT devices 2018-2023

Published by Statista Research Department, Mar 31, 2023
In 2019, the forecasted number of Internet of Things (IoT) devices in Latin America added up to approximately 407 million. By 2023, it was projected that this number would increase to over 995 million. In 2025, the Latin American IoT market is expected to be worth 47.2 billion U.S. dollars.

Number of Internet of Things (IoT) devices in Latin America from 2018 to 2023 (in millions)

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Release date

October 2019

Region

LAC

Survey time period

2018

Supplementary notes

* Forecast.

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