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IoT Opportunities in Mexico: Identify Verticals to Invest in by 2022


News provided by

Frost & Sullivan

Jun 25, 2019, 09:51 ET

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Frost & Sullivan Digital Transformation expert leads a webinar on the second largest IoT market in Latin America forecasted to reach $4,000 million by 2022

SANTA CLARA, Calif., June 25, 2019 /CNW/ -- The Internet of Things (IoT) is at the early stages of its growth in Mexico, with projected revenues of nearly $4,000 million by 2022. IoT offers to connect devices, integrating them into an ecosystem to analyze and secure the data and finally automating processes. When you combine these three steps, IoT becomes critical, as it allows enterprises to be able to move away from "reacting to exceptions" and start "predicting and preventing," also combining IoT with Artificial Intelligence, Augmented Reality or Distributed Computing. Here's when IoT becomes critical, not only because it allows reducing costs but also, and more importantly, because it enables new revenue streams.

IoT Opportunities in Mexico: Identify Verticals to Invest in by 2022

Frost & Sullivan invites you to join our Digital Transformation expert, Ignacio Perrone, for the webinar "How Mexico's Future is Linked to IoT" on June 27 at 1 p.m. EDT. You will gain insight into the current status of the technology and projected market expansion by 2022. Views from end users will also be shared, as well as what Frost & Sullivan understands are the key elements to take into consideration when planning to deploy IoT.

For more information and to register for the webinar, please visit: http://frost.ly/3jd.

"To have success with IoT, you must focus on three things: an idea, execution and money. But first, an idea means a client, not a product. Second, you need a good execution to reach that client. And finally, you need money to fund the project. But money is a less important factor. If you have a good idea and you prove that you can execute, money won't be an issue," said Perrone. 

Key benefits of attending this webinar:

  • Find out emerging trends and the top drivers for IoT investments.
  • Learn which are the key verticals expected to have the highest growth rate by 2022.
  • Discover the critical steps to launch an IoT project in Mexico.

The event will also be recorded and available for on-demand viewing at http://frost.ly/1ti. 

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Press Contact: 

Mariana Fernandez
Corporate Communications
Frost & Sullivan     
+1 (210) 348 1012
[email protected]

SOURCE Frost & Sullivan

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