| Product Code: ETC7394588 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Guatemala`s import of IoT devices in 2024 continued to see a significant presence of top exporting countries such as China, USA, Vietnam, Taiwan, and Mexico. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. With a Compound Annual Growth Rate (CAGR) of 9.89% from 2020 to 2024 and a notable growth rate of 28.84% from 2023 to 2024, the market for IoT devices in Guatemala is showing robust expansion and attractiveness for international suppliers.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Guatemala IoT Devices Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala IoT Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala IoT Devices Market - Industry Life Cycle |
3.4 Guatemala IoT Devices Market - Porter's Five Forces |
3.5 Guatemala IoT Devices Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
3.6 Guatemala IoT Devices Market Revenues & Volume Share, By Connectivity Type, 2021 & 2031F |
4 Guatemala IoT Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for smart home devices and solutions in Guatemala |
4.2.2 Growing adoption of IoT technology in various industries such as agriculture, healthcare, and manufacturing |
4.2.3 Government initiatives to promote digital transformation and IoT infrastructure development |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with IoT devices and infrastructure setup |
4.3.2 Concerns regarding data security and privacy in IoT systems |
4.3.3 Limited awareness and understanding of IoT technology among consumers and businesses in Guatemala |
5 Guatemala IoT Devices Market Trends |
6 Guatemala IoT Devices Market, By Types |
6.1 Guatemala IoT Devices Market, By Application Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala IoT Devices Market Revenues & Volume, By Application Type, 2021- 2031F |
6.1.3 Guatemala IoT Devices Market Revenues & Volume, By Connected and Smart Home, 2021- 2031F |
6.1.4 Guatemala IoT Devices Market Revenues & Volume, By Medical IoT, 2021- 2031F |
6.1.5 Guatemala IoT Devices Market Revenues & Volume, By Connected Car, 2021- 2031F |
6.1.6 Guatemala IoT Devices Market Revenues & Volume, By Smart Cities, 2021- 2031F |
6.1.7 Guatemala IoT Devices Market Revenues & Volume, By Industrial IoT, 2021- 2031F |
6.1.8 Guatemala IoT Devices Market Revenues & Volume, By Personal IoT, 2021- 2031F |
6.2 Guatemala IoT Devices Market, By Connectivity Type |
6.2.1 Overview and Analysis |
6.2.2 Guatemala IoT Devices Market Revenues & Volume, By WPAN, 2021- 2031F |
6.2.3 Guatemala IoT Devices Market Revenues & Volume, By WLAN, 2021- 2031F |
6.2.4 Guatemala IoT Devices Market Revenues & Volume, By LPWA, 2021- 2031F |
6.2.5 Guatemala IoT Devices Market Revenues & Volume, By Cellular/M2M, 2021- 2031F |
6.2.6 Guatemala IoT Devices Market Revenues & Volume, By Other, 2021- 2031F |
7 Guatemala IoT Devices Market Import-Export Trade Statistics |
7.1 Guatemala IoT Devices Market Export to Major Countries |
7.2 Guatemala IoT Devices Market Imports from Major Countries |
8 Guatemala IoT Devices Market Key Performance Indicators |
8.1 Percentage increase in the number of IoT devices connected in Guatemala |
8.2 Average time taken for IoT device deployment and integration in businesses |
8.3 Rate of adoption of IoT solutions in key industries in Guatemala |
9 Guatemala IoT Devices Market - Opportunity Assessment |
9.1 Guatemala IoT Devices Market Opportunity Assessment, By Application Type, 2021 & 2031F |
9.2 Guatemala IoT Devices Market Opportunity Assessment, By Connectivity Type, 2021 & 2031F |
10 Guatemala IoT Devices Market - Competitive Landscape |
10.1 Guatemala IoT Devices Market Revenue Share, By Companies, 2024 |
10.2 Guatemala IoT Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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