| Product Code: ETC5619404 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guatemala`s import shipments of IoT nodes and gateways in 2024 continued to see a significant influx from key exporting countries such as China, USA, Vietnam, Taiwan, and Mexico. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. With a strong compound annual growth rate (CAGR) of 9.73% from 2020 to 2024, the sector displayed resilience and potential for expansion. Notably, the impressive growth rate of 23.92% from 2023 to 2024 suggests a dynamic market environment with increasing demand for IoT technologies in Guatemala.

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 Node and Gateway Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala IoT Node and Gateway Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala IoT Node and Gateway Market - Industry Life Cycle |
3.4 Guatemala IoT Node and Gateway Market - Porter's Five Forces |
3.5 Guatemala IoT Node and Gateway Market Revenues & Volume Share, By Hardware, 2021 & 2031F |
3.6 Guatemala IoT Node and Gateway Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Guatemala IoT Node and Gateway Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of IoT technologies across various industries in Guatemala |
4.2.2 Government initiatives and policies promoting IoT infrastructure development |
4.2.3 Growing demand for smart devices and solutions in the country |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up IoT nodes and gateways |
4.3.2 Lack of skilled professionals in the IoT sector in Guatemala |
4.3.3 Security and privacy concerns regarding the use of IoT devices and networks |
5 Guatemala IoT Node and Gateway Market Trends |
6 Guatemala IoT Node and Gateway Market Segmentations |
6.1 Guatemala IoT Node and Gateway Market, By Hardware |
6.1.1 Overview and Analysis |
6.1.2 Guatemala IoT Node and Gateway Market Revenues & Volume, By Processor, 2021-2031F |
6.1.3 Guatemala IoT Node and Gateway Market Revenues & Volume, By Sensor, 2021-2031F |
6.2 Guatemala IoT Node and Gateway Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Guatemala IoT Node and Gateway Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.3 Guatemala IoT Node and Gateway Market Revenues & Volume, By Consumer, 2021-2031F |
7 Guatemala IoT Node and Gateway Market Import-Export Trade Statistics |
7.1 Guatemala IoT Node and Gateway Market Export to Major Countries |
7.2 Guatemala IoT Node and Gateway Market Imports from Major Countries |
8 Guatemala IoT Node and Gateway Market Key Performance Indicators |
8.1 Number of IoT projects initiated in Guatemala |
8.2 Rate of IoT infrastructure deployment in key industries |
8.3 Percentage increase in IoT-related job postings and training programs in the country |
9 Guatemala IoT Node and Gateway Market - Opportunity Assessment |
9.1 Guatemala IoT Node and Gateway Market Opportunity Assessment, By Hardware, 2021 & 2031F |
9.2 Guatemala IoT Node and Gateway Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Guatemala IoT Node and Gateway Market - Competitive Landscape |
10.1 Guatemala IoT Node and Gateway Market Revenue Share, By Companies, 2024 |
10.2 Guatemala IoT Node and Gateway 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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