This Market Perspective aims to summarize the most important Internet of Things (IoT) trends for Smart Cities in Latin America, using an analysis of primary and secondary information sources.
It includes definitions and a description of Smart Cities in general and within the Latin American context. It then defines the use cases for IoT that IDC includes in its analysis, how technology is being implemented, and how it produces business outcomes and a future outlook.
Finally, this document provides an analysis of a few examples in Latin America, ending in key recommendations for vendors and service providers.
"Latin America's IoT market in Smart Cities will grow from US$2.15 billion in 2017 to over US$6 billion in 2021 with a compound annual growth rate (CAGR) of 29.6%," says Diego Anesini, research director, Latin America. "It will be key that vendors and service providers work together with governments to make sure that the right technology is applied to achieve cities' digital mission, ultimately reaching their strategic objectives."
Latin America Internet of Things and Smart Industries
List of Tables
List of Figures
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