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Frost Radar™: Latin America IoT Telecom Operators, 2020

The Internet of Things (IoT) is already a significant market in Latin America, although still at a growth stage. The region boasted an estimated 397 million IoT devices in 2019, including all business-to-company and business-to-business applications and excluding personal devices such as smartphones, PCs, and tablets.

New York, July 03, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Frost Radar™: Latin America IoT Telecom Operators, 2020" - https://www.reportlinker.com/p05917939/?utm_source=GNW


That number is expected to reach 840 million in 2024, a compound annual growth rate of 16.2%. Brazil, Mexico, and Colombia, in that order, are the leaders in IoT adoption. The increasing availability of coverage and different connectivity types (e.g., narrow-band IoT, low-power, and wide-area) across many countries present a wealth of possibilities for IoT systems and applications. Opportunity is especially ripe for agribusiness, mining, and oil & gas, which are important Latin American sectors that previously lacked affordable and reliable mobile coverage. The radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the radar methodology. The document presents competitive profiles on each of the companies in the radar based on their growth, innovation, and a small discussion on their positioning. The analyst examines hundreds of companies in the industry and benchmarks them across 10 criteria on the radar, where the leading companies in the industry are then positioned. Industry leaders on both the Growth and Innovation indices are recognized as best practice recipients.
Author: Renato Pasquini
Read the full report: https://www.reportlinker.com/p05917939/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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