In 2019, the forecasted number of Internet of Things (IoT) devices in Latin America added up to approximately 407 million. By 2023, it was projected that this number would increase to over 995 million. In 2025, the Latin American IoT market is expected to be worth 47.2 billion U.S. dollars.
Number of Internet of Things (IoT) devices in Latin America from 2018 to 2023
(in millions)
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Inter-American Development Bank. (October 16, 2019). Number of Internet of Things (IoT) devices in Latin America from 2018 to 2023 (in millions) [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1179787/latin-america-number-iot-devices/
Inter-American Development Bank. "Number of Internet of Things (IoT) devices in Latin America from 2018 to 2023 (in millions)." Chart. October 16, 2019. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1179787/latin-america-number-iot-devices/
Inter-American Development Bank. (2019). Number of Internet of Things (IoT) devices in Latin America from 2018 to 2023 (in millions). Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1179787/latin-america-number-iot-devices/
Inter-American Development Bank. "Number of Internet of Things (Iot) Devices in Latin America from 2018 to 2023 (in Millions)." Statista, Statista Inc., 16 Oct 2019, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1179787/latin-america-number-iot-devices/
Inter-American Development Bank, Number of Internet of Things (IoT) devices in Latin America from 2018 to 2023 (in millions) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1179787/latin-america-number-iot-devices/ (last visited September 20, 2024)
Number of Internet of Things (IoT) devices in Latin America from 2018 to 2023 (in millions) [Graph], Inter-American Development Bank, October 16, 2019. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1179787/latin-america-number-iot-devices/