Latin America: IoT revenue 2018-2025

Published by Statista Research Department, Mar 31, 2023
In 2020, Internet of Things (IoT) is expected to generate over 18 billion U.S. dollars in revenue in Latin America. The figure is estimated to grow rapidly and reach 47 billion by 2025. The number of IoT connections in the region is also projected to increase from 526 million U.S. dollars in 2018 to 1.2 billion in 2025.

Revenue generated by Internet of Things (IoT) in Latin America from 2018 to 2025 (in billion U.S. dollars)

© Statista 2023
Download
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Use Ask Statista Research Service

Release date

December 2019

Region

LAC

Survey time period

2018

Supplementary notes

* Forecast.
The Statista estimate is based on values in 2025 and the compound annual growth rate from 2018 to 2025 of 21%, which were provided by the source. An exponential development of the market was assumed.

Citation formats
Statista Accounts: Access All Statistics. Starting from $1,788 USD / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Starter Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$149 USD / Month *
Professional Account
Full access

Business Solutions including all features.

* Prices do not include sales tax.

Other statistics that may interest you

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Statistics on

About the industry

10

About the region

10

Selected statistics

1

Other regions

9

Related statistics

10

Further related statistics

10

Further Content: You might find this interesting as well

Statistics

Topics

Airports 4.0Passenger airlinesInternet of Things (IoT)Airline passenger experience in the U.S.
Statista Accounts: Access All Statistics. Starting from $1,788 USD / Year
Learn more about how Statista can support your business.
Menu