By 2025, the number of IoT connections in Latin America is forecast to reach 1.3 billion. Within the industrial connections, the smart buildings segment in expected to account for one third of connections in the region, while smart utilities are to represent 23 percent.
Distribution of industrial Internet of Things (IoT) connections in Latin America in 2025, by sector
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GSMA Intelligence. (December 15, 2019). Distribution of industrial Internet of Things (IoT) connections in Latin America in 2025, by sector [Graph]. In Statista. Retrieved December 02, 2024, from https://www.statista.com/statistics/1190506/internet-things-connections-share-sector-latin-america/
GSMA Intelligence. "Distribution of industrial Internet of Things (IoT) connections in Latin America in 2025, by sector." Chart. December 15, 2019. Statista. Accessed December 02, 2024. https://www.statista.com/statistics/1190506/internet-things-connections-share-sector-latin-america/
GSMA Intelligence. (2019). Distribution of industrial Internet of Things (IoT) connections in Latin America in 2025, by sector. Statista. Statista Inc.. Accessed: December 02, 2024. https://www.statista.com/statistics/1190506/internet-things-connections-share-sector-latin-america/
GSMA Intelligence. "Distribution of Industrial Internet of Things (Iot) Connections in Latin America in 2025, by Sector." Statista, Statista Inc., 15 Dec 2019, https://www.statista.com/statistics/1190506/internet-things-connections-share-sector-latin-america/
GSMA Intelligence, Distribution of industrial Internet of Things (IoT) connections in Latin America in 2025, by sector Statista, https://www.statista.com/statistics/1190506/internet-things-connections-share-sector-latin-america/ (last visited December 02, 2024)
Distribution of industrial Internet of Things (IoT) connections in Latin America in 2025, by sector [Graph], GSMA Intelligence, December 15, 2019. [Online]. Available: https://www.statista.com/statistics/1190506/internet-things-connections-share-sector-latin-america/