Latin America: IoT revenue share 2018-2025, by source

In 2018, professional services accounted for 38 percent of Internet of Things (IoT) revenue in Latin America. The share is expected to fall to 36 percent by 2025. The whole IoT industry is projected to generate over 47 billion U.S. dollars in revenue in the region in 2025, nearly quadrupling its 2018 result.

Distribution of Internet of Things (IoT) revenue in Latin America in 2018 and 2025, by source

Applications, platforms and servicesProfessional servicesConnectivity
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Sources

Release date

December 2019

Region

Central and South America

Survey time period

2018

Supplementary notes

* Forecast.
Missing percentage points to 100 percent are probably due to rounding.

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