This market perspective aims to provide a summary of the most important IoT trends for transportation in Latin America, using an analysis of primary and secondary information sources.
This analysis includes definitions and a description of transportation 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 Transportation will grow from $2.87 billion in 2017 to over $7.5 billion in 2022 with a compound annual growth rate (CAGR) of 21.4" says Diego Anesini, research director, Latin America. "The IoT implementation in transport will significantly improve the conditions of both passenger and cargo transport in the region".
Latin America Internet of Things and Smart Industries
Analytic applications, Application management, Connected vehicle, Hosting infrastructure services, IT maintenance and support, Integration and process automation middleware, Internet of things, Structured data management software
List of Tables
List of Figures
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