Challenges for development and technological advancement: An analysis of Latin America

This study addresses the challenges for development in Latin America considering the framework of a contemporary technological advancement: the Internet of Things (IoT). Based on this framework, this paper shows the diffusion of IoT-related aspects in three different dimensions: individuals (demand), environment, and technology offer. The low availability of secure Internet servers, the low widespread rate of Internet adoption, inequalities in access to electricity, and adult illiteracy represent important challenges to be faced in Latin America. These variables directly affect IoT diffusion; thus, this paper also presents further directions in this field