Number of IoT connections in Latin America 2019-2025

Published by
Alexandra Borgeaud,
Aug 10, 2023
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)

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Release date

November 2021

Region

LAC

Survey time period

2019

Supplementary notes

* 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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