In 2022, the total market value of consumer IoT in Latin America was about 5.2 billion U.S. dollars. Wireless was the largest market type that year, amounting to around 3.2 billion U.S. dollars and showing signs of linear growth over the coming years.
More information on the global consumer IoT market can be found here.
Consumer IoT market size in Latin America from 2020 to 2022, with a forecast up to 2030, by type
(in billion U.S. dollars)
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Extrapolate. (August 14, 2023). Consumer IoT market size in Latin America from 2020 to 2022, with a forecast up to 2030, by type (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 02, 2025, from https://www.statista.com/statistics/1409265/latin-america-consumer-iot-market-value-by-type/
Extrapolate. "Consumer IoT market size in Latin America from 2020 to 2022, with a forecast up to 2030, by type (in billion U.S. dollars)." Chart. August 14, 2023. Statista. Accessed January 02, 2025. https://www.statista.com/statistics/1409265/latin-america-consumer-iot-market-value-by-type/
Extrapolate. (2023). Consumer IoT market size in Latin America from 2020 to 2022, with a forecast up to 2030, by type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 02, 2025. https://www.statista.com/statistics/1409265/latin-america-consumer-iot-market-value-by-type/
Extrapolate. "Consumer Iot Market Size in Latin America from 2020 to 2022, with a Forecast up to 2030, by Type (in Billion U.S. Dollars)." Statista, Statista Inc., 14 Aug 2023, https://www.statista.com/statistics/1409265/latin-america-consumer-iot-market-value-by-type/
Extrapolate, Consumer IoT market size in Latin America from 2020 to 2022, with a forecast up to 2030, by type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1409265/latin-america-consumer-iot-market-value-by-type/ (last visited January 02, 2025)
Consumer IoT market size in Latin America from 2020 to 2022, with a forecast up to 2030, by type (in billion U.S. dollars) [Graph], Extrapolate, August 14, 2023. [Online]. Available: https://www.statista.com/statistics/1409265/latin-america-consumer-iot-market-value-by-type/