Latin America Iot Integration Market Size & Outlook

The iot integration market in Latin America is expected to reach a projected revenue of US$ 2,128.0 million by 2030. A compound annual growth rate of 32.3% is expected of Latin America iot integration market from 2024 to 2030.
Revenue, 2023 (US$M)
$300.0
Forecast, 2030 (US$M)
$2,128.0
CAGR, 2024 - 2030
32.3%
Report Coverage
Latin America

Latin America iot integration market, 2018-2030 (US$M)

Latin
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Latin America iot integration market highlights

  • The Latin America iot integration market generated a revenue of USD 300.0 million in 2023.
  • The market is expected to grow at a CAGR of 32.3% from 2024 to 2030.
  • In terms of segment, device and platform management was the largest revenue generating services in 2023.
  • Device and Platform Management is the most lucrative services segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2023USD 300.0 million
Market revenue in 2030USD 2,128.0 million
Growth rate32.3% (CAGR from 2023 to 2030)
Largest segmentDevice and platform management
Fastest growing segmentDevice and Platform Management
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDevice and Platform Management


Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.8% of the global iot integration market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • MEA is the fastest growing regional market and is projected to reach USD 1,645.0 million by 2030.

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IoT Integration Market Scope

Iot integration market segmentation & scope
System Design and Architecture
Advisory Services
Database & Block Storage Management
Third Party API Management Services
Others
Enterprise Size
Large Enterprises
Small & Medium Enterprises
Industry Vertical
Consumer Electronics
Wearable Devices
Automotive & Transportation
BFSI
Healthcare
Retail
Building Automation
Oil & Gas
Agriculture
Aerospace & Defense
Others
Countries
U.S.
Canada
Mexico
UK
Sweden
Spain
Norway
Italy
Germany
France
Denmark
Argentina
Brazil
Australia
China
India
Japan
Thailand
South Korea
UAE
South Africa
Saudi Arabia
Kuwait

IoT Integration Market Companies

Name Profile # Employees HQ Website

Latin America iot integration market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to iot integration market will help companies and investors design strategic landscapes.


Device and platform management was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America iot integration market based on device and platform management covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of iot integration market companies, investment firms, advisory firms & academic institutions.
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  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America iot integration market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America iot integration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America iot integration market

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