Latin America IoT Market

El informe del estudio de mercado de Informes de Expertos titulado, ‘El Mercado de IoT en America Latina, Informe y Pronóstico 2023-2028′, ofrece una visión estructurada del mercado, examinando sus diversos segmentos y variables clave como componente, aplicación y las regiones. La investigación recoge un sólido pronóstico de la presencia de factores clave de éxito y limitaciones, sigue a los proveedores bien establecidos y las últimas tendencias de la industria que impactan en el objetivo de crecimiento del mercado global. También evalúa la dinámica del mercado y la relación entre la demanda de los consumidores y el precio del producto, junto con la auditoría de los modelos FODA y de las cinco fuerzas de Porter.

The market study report by Informes de Expertos titled, ‘Latin America IoT Market 2023-2028’ , gives structured insights into the market, examining its diverse segments and key variables such as components, applications, and key regions. The research gathers robust forecasting of the presence of key success factors and constraints, tracks well-established vendors, and the latest trends in the industry that impact the growth goal of the overall market. It also assesses the market dynamics, and the relationship between consumer demand and product price, coupled with the audit of SWOT and Porter’s Five Forces models.

Los aspectos más destacados del informe incluyen:

Visión general del mercado (2018-2028)

• CAGR para el período de pronóstico (2023-2028): 11,24%

Se espera que el mercado latinoamericano de IoT crezca durante el período de pronóstico 2023-2028, impulsado por la creciente adopción de tecnología integrada con inteligencia artificial en diversas industrias. Más aún, el mercado objetivo en América Latina tenía un valor de 791 millones de dólares en 2021 y está mostrando proyecciones de crecimiento extendidas con efecto a la adopción de IoT en la gestión minorista.

Sin embargo, el impulso en el crecimiento del mercado se observó en el período histórico en medio de COVID-10, pero las preferencias personalizadas de los clientes y las marcas para mejorar la experiencia está floreciendo el mercado por delante en los próximos años. La inclusión de IoT en diferentes sectores a todos los niveles de gestión y unidades de trabajo de la organización está impulsando la demanda y está mejorando las ventas de la industria tarjeta en América Latina con los esfuerzos combinados de las empresas existentes y los participantes potenciales.

Industry Definition and Major Segments

IoT refers to a network made from all the connected devices through technology and cloud-based facilities which provide easy exchange of data and better communication networks. In short, all the devices that are connected through technology globally and are used for different data exchange purposes are known as the internet of things or IoT.

On the basis of components, the market is segmented into

• Devices
• Connectivity
• IT Services
• Platforms

Based on application, the market is categorised into

• Consumer Electronics
• Retail
• Manufacturing
• Healthcare
• Transportation
• Others

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Others

Market Trends

The shift in demand for the IoT market in Latin America is witnessed due to digital transformation and technology upgradation. In addition, the substantially blooming digitalisation trend in Latin American regions like Brazil, Mexico, Peru, and Chile has rooted the market towards a positive direction by proliferating the demand for technological devices with network features like 5G, Wi-Fi, Bluetooth, and high-definition sensors. This massive requisition from varied sectors is pushing marketers to indulge in comprehensive R&D for better product development and reinforcing unsurpassable sales records.

Further, the Latin American IoT market is expanding at a steady rate attributable to an increased focus on high-speed connection and rising Internet usage in homes and enterprises. In a nutshell, the target market is poised to grow during the forecast period of 2023-2028 with the rise in smart homes and smart cities in Latin America. Thus, keeping in mind the need for best managerial systems, avant-garde technologies are integrated into systems for better services and higher revenues.

Key Market Players

The major players in the market are:

• Accenture
• Amazon Web Services, Inc
• Cisco Systems, Inc
• Huawei Technologies Co., Ltd
• Alphabet Inc
• IBM Corporation
• Hewlett Packard Enterprise Development LP
• Others

The insights in the market research report provide growth possibilities, socio-political environment factors affecting the market, launches of products, new entrants dominating the market, and the presence of key companies driving the industry.

Checkout: Mercado Latinoamericano de Energías Renovables

About Us:

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

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