In 2021, number of Internet of Things (IoT) connections in Latin America totaled 791 million and twas expected to increase up to 1.2 billion by 2025. By that time, IoT is projected to generate over 47 billion U.S. dollars in revenue in the region.
Number of Internet of Things (IoT) connections in Latin America from 2019 to 2025
(in millions)
* Data from this year onwards are forecasts. An exponential development of the values was assumed to estimate the annual values between 2019 and 2025, which were provided by the source.
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GSMA Intelligence, & Statista. (November 30, 2021). Number of Internet of Things (IoT) connections in Latin America from 2019 to 2025 (in millions) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/741978/number-iot-connections-latin-america/
GSMA Intelligence, und Statista. "Number of Internet of Things (IoT) connections in Latin America from 2019 to 2025 (in millions)." Chart. November 30, 2021. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/741978/number-iot-connections-latin-america/
GSMA Intelligence, Statista. (2021). Number of Internet of Things (IoT) connections in Latin America from 2019 to 2025 (in millions). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/741978/number-iot-connections-latin-america/
GSMA Intelligence, and Statista. "Number of Internet of Things (Iot) Connections in Latin America from 2019 to 2025 (in Millions)." Statista, Statista Inc., 30 Nov 2021, https://www.statista.com/statistics/741978/number-iot-connections-latin-america/
GSMA Intelligence & Statista, Number of Internet of Things (IoT) connections in Latin America from 2019 to 2025 (in millions) Statista, https://www.statista.com/statistics/741978/number-iot-connections-latin-america/ (last visited December 21, 2024)
Number of Internet of Things (IoT) connections in Latin America from 2019 to 2025 (in millions) [Graph], GSMA Intelligence, & Statista, November 30, 2021. [Online]. Available: https://www.statista.com/statistics/741978/number-iot-connections-latin-america/
