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PUBLISHER: KBV Research | PRODUCT CODE: 1448187

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PUBLISHER: KBV Research | PRODUCT CODE: 1448187

LAMEA Smart Home Devices Market Size, Share & Trends Analysis Report By Component (Solutions, and Services), By Type, By Country and Growth Forecast, 2023 - 2030

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The Latin America, Middle East and Africa Smart Home Devices Market would witness market growth of 21.6% CAGR during the forecast period (2023-2030).

Rising concerns about home security and safety have prompted consumers to invest in smart home security systems, including cameras, motion sensors, doorbell cameras, and smart locks. These devices offer real-time monitoring, alerts, and remote access, providing homeowners peace of mind and enhanced protection against burglary, vandalism, and unauthorized access.

Additionally, growing awareness of environmental issues and the importance of energy conservation has driven demand for it to promote sustainability and energy efficiency. Smart thermostats, lighting controls, and energy monitoring systems enable users to reduce energy consumption, lower utility bills, and minimize their carbon footprint.

According to the International Trade Administration (ITA), Ministry of Communications and Information Technology of Saudi Arabia aims to establish a robust and cutting-edge digital architecture that supports Vision 2030's goal of digital transformation through e-commerce, digital education, digital health, smart cities, national data, and e-government. Also, Saudi Arabia is currently building several smart cities (including NEOM, Red Sea, Qiddiya, Waad Alshamal, and SPARK), and aims to be the most connected and digitized nation by 2030. Therefore, the increasing development of smart cities in the region is propelling the growth of the market.

The Brazil market dominated the LAMEA Smart Home Devices Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $10,451.3 Million by 2030.The Argentina market would register a CAGR of 22.3% during (2023 - 2030). Additionally, The UAE market is showcasing a CAGR of 21.2% during (2023 - 2030).

Based on Component, the market is segmented into Solutions, and Services. Based on Type, the market is segmented into Lighting Control, Security & Access Control, Home Appliances, Entertainment & Other Controls, Smart Kitchen, HVAC Control, Smart Furniture, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Johnson Controls International PLC
  • Schneider Electric SE
  • Siemens AG
  • Honeywell International, Inc.
  • Amazon.com, Inc.
  • Apple Inc.
  • Google LLC (Alphabet Inc.)
  • Robert Bosch GmbH
  • Raytheon Technologies Corporation
  • Samsung Electronics Co., Ltd. (Samsung Group)

LAMEA Smart Home Devices Market Report Segmentation

By Component

  • Solutions
  • Services

By Type

  • Lighting Control
  • Security & Access Control
  • Home Appliances
  • Entertainment & Other Controls
  • Smart Kitchen
  • HVAC Control
  • Smart Furniture
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1.Market Scope & Methodology

  • 1.1Market Definition
  • 1.2Objectives
  • 1.3Market Scope
  • 1.4Segmentation
    • 1.4.1LAMEA Smart Home Devices Market, by Component
    • 1.4.2LAMEA Smart Home Devices Market, by Type
    • 1.4.3LAMEA Smart Home Devices Market, by Country
  • 1.5Methodology for the research

Chapter 2.Market at a Glance

  • 2.1Key Highlights

Chapter 3.Market Overview

  • 3.1Introduction
    • 3.1.1Overview
      • 3.1.1.1Market Composition and Scenario
  • 3.2Key Factors Impacting the Market
    • 3.2.1Market Drivers
    • 3.2.2Market Restraints
    • 3.2.3Market Opportunities
    • 3.2.4Market Challenges

Chapter 4.Competition Analysis - Global

  • 4.1KBV Cardinal Matrix
  • 4.2Recent Industry Wide Strategic Developments
    • 4.2.1Partnerships, Collaborations and Agreements
    • 4.2.2Product Launches and Product Expansions
    • 4.2.3Acquisition and Mergers
  • 4.3Top Winning Strategies
    • 4.3.1Key Leading Strategies: Percentage Distribution (2019-2023)
    • 4.3.2Key Strategic Move: (Partnership & Collaboration: 2019, Dec - 2024, Feb) Leading Players
  • 4.4Porter Five Forces Analysis

Chapter 5.LAMEA Smart Home Devices Market, by Component

  • 5.1LAMEA Solutions Market, by Country
  • 5.2LAMEA Services Market, by Country

Chapter 6.LAMEA Smart Home Devices Market, by Type

  • 6.1LAMEA Lighting Control Market, by Country
  • 6.2LAMEA Security & Access Control Market, by Country
  • 6.3LAMEA Home Appliances Market, by Country
  • 6.4LAMEA Entertainment & Other Controls Market, by Country
  • 6.5LAMEA Smart Kitchen Market, by Country
  • 6.6LAMEA HVAC Control Market, by Country
  • 6.7LAMEA Smart Furniture Market, by Country
  • 6.8LAMEA Others Market, by Country

Chapter 7.LAMEA Smart Home Devices Market, by Country

  • 7.1Brazil Smart Home Devices Market
    • 7.1.1Brazil Smart Home Devices Market, by Component
    • 7.1.2Brazil Smart Home Devices Market, by Type
  • 7.2Argentina Smart Home Devices Market
    • 7.2.1Argentina Smart Home Devices Market, by Component
    • 7.2.2Argentina Smart Home Devices Market, by Type
  • 7.3UAE Smart Home Devices Market
    • 7.3.1UAE Smart Home Devices Market, by Component
    • 7.3.2UAE Smart Home Devices Market, by Type
  • 7.4Saudi Arabia Smart Home Devices Market
    • 7.4.1Saudi Arabia Smart Home Devices Market, by Component
    • 7.4.2Saudi Arabia Smart Home Devices Market, by Type
  • 7.5South Africa Smart Home Devices Market
    • 7.5.1South Africa Smart Home Devices Market, by Component
    • 7.5.2South Africa Smart Home Devices Market, by Type
  • 7.6Nigeria Smart Home Devices Market
    • 7.6.1Nigeria Smart Home Devices Market, by Component
    • 7.6.2Nigeria Smart Home Devices Market, by Type
  • 7.7Rest of LAMEA Smart Home Devices Market
    • 7.7.1Rest of LAMEA Smart Home Devices Market, by Component
    • 7.7.2Rest of LAMEA Smart Home Devices Market, by Type

Chapter 8.Company Profiles

  • 8.1Johnson Controls International PLC
    • 8.1.1Company Overview
    • 8.1.2Financial Analysis
    • 8.1.3Segmental & Regional Analysis
    • 8.1.4Research & Development Expenses
    • 8.1.5Recent strategies and developments:
      • 8.1.5.1Partnerships, Collaborations, and Agreements:
      • 8.1.5.2Acquisition and Mergers:
    • 8.1.6SWOT Analysis
  • 8.2Schneider Electric SE
    • 8.2.1Company Overview
    • 8.2.2Financial Analysis
    • 8.2.3Segmental and Regional Analysis
    • 8.2.4Research & Development Expense
    • 8.2.5Recent strategies and developments:
      • 8.2.5.1Partnerships, Collaborations, and Agreements:
      • 8.2.5.2Product Launches and Product Expansions:
      • 8.2.5.3Acquisition and Mergers:
      • 8.2.5.4Geographical Expansions:
    • 8.2.6SWOT Analysis
  • 8.3Siemens AG
    • 8.3.1Company Overview
    • 8.3.2Financial Analysis
    • 8.3.3Segmental and Regional Analysis
    • 8.3.4Research & Development Expense
    • 8.3.5Recent strategies and developments:
      • 8.3.5.1Partnerships, Collaborations, and Agreements:
      • 8.3.5.2Acquisition and Mergers:
    • 8.3.6SWOT Analysis
  • 8.4Honeywell International, Inc.
    • 8.4.1Company Overview
    • 8.4.2Financial Analysis
    • 8.4.3Segmental and Regional Analysis
    • 8.4.4Research & Development Expenses
    • 8.4.5Recent strategies and developments:
      • 8.4.5.1Partnerships, Collaborations, and Agreements:
      • 8.4.5.2Acquisition and Mergers:
    • 8.4.6SWOT Analysis
  • 8.5Amazon.com, Inc.
    • 8.5.1Company Overview
    • 8.5.2Financial Analysis
    • 8.5.3Segmental Analysis
    • 8.5.4Recent strategies and developments:
      • 8.5.4.1Partnerships, Collaborations, and Agreements:
    • 8.5.5SWOT Analysis
  • 8.6Apple, Inc.
    • 8.6.1Company Overview
    • 8.6.2Financial Analysis
    • 8.6.3Regional Analysis
    • 8.6.4Research & Development Expense
    • 8.6.5SWOT Analysis
  • 8.7Google LLC (Alphabet Inc.)
    • 8.7.1Company Overview
    • 8.7.2Financial Analysis
    • 8.7.3Segmental and Regional Analysis
    • 8.7.4Research & Development Expense
    • 8.7.5Recent strategies and developments:
      • 8.7.5.1Partnerships, Collaborations, and Agreements:
    • 8.7.6SWOT Analysis
  • 8.8Robert Bosch GmbH
    • 8.8.1Company Overview
    • 8.8.2Financial Analysis
    • 8.8.3Segmental and Regional Analysis
    • 8.8.4Research & Development Expense
    • 8.8.5SWOT Analysis
  • 8.9Raytheon Technologies Corporation
    • 8.9.1Company Overview
    • 8.9.2Financial Analysis
    • 8.9.3Segmental and Regional Analysis
    • 8.9.4Research & Development Expense
    • 8.9.5SWOT Analysis
  • 8.10.Samsung Electronics Co., Ltd. (Samsung Group)
    • 8.10.1Company Overview
    • 8.10.2Financial Analysis
    • 8.10.3Segmental and Regional Analysis
    • 8.10.4SWOT Analysis

LIST OF TABLES

  • TABLE 1LAMEA Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 2LAMEA Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 3Partnerships, Collaborations and Agreements- Smart Home Devices Market
  • TABLE 4Product Launches And Product Expansions- Smart Home Devices Market
  • TABLE 5Acquisition and Mergers- Smart Home Devices Market
  • TABLE 6LAMEA Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 7LAMEA Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 8LAMEA Solutions Market, by Country, 2019 - 2022, USD Million
  • TABLE 9LAMEA Solutions Market, by Country, 2023 - 2030, USD Million
  • TABLE 10LAMEA Services Market, by Country, 2019 - 2022, USD Million
  • TABLE 11LAMEA Services Market, by Country, 2023 - 2030, USD Million
  • TABLE 12LAMEA Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 13LAMEA Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 14LAMEA Lighting Control Market, by Country, 2019 - 2022, USD Million
  • TABLE 15LAMEA Lighting Control Market, by Country, 2023 - 2030, USD Million
  • TABLE 16LAMEA Security & Access Control Market, by Country, 2019 - 2022, USD Million
  • TABLE 17LAMEA Security & Access Control Market, by Country, 2023 - 2030, USD Million
  • TABLE 18LAMEA Home Appliances Market, by Country, 2019 - 2022, USD Million
  • TABLE 19LAMEA Home Appliances Market, by Country, 2023 - 2030, USD Million
  • TABLE 20LAMEA Entertainment & Other Controls Market, by Country, 2019 - 2022, USD Million
  • TABLE 21LAMEA Entertainment & Other Controls Market, by Country, 2023 - 2030, USD Million
  • TABLE 22LAMEA Smart Kitchen Market, by Country, 2019 - 2022, USD Million
  • TABLE 23LAMEA Smart Kitchen Market, by Country, 2023 - 2030, USD Million
  • TABLE 24LAMEA HVAC Control Market, by Country, 2019 - 2022, USD Million
  • TABLE 25LAMEA HVAC Control Market, by Country, 2023 - 2030, USD Million
  • TABLE 26LAMEA Smart Furniture Market, by Country, 2019 - 2022, USD Million
  • TABLE 27LAMEA Smart Furniture Market, by Country, 2023 - 2030, USD Million
  • TABLE 28LAMEA Others Market, by Country, 2019 - 2022, USD Million
  • TABLE 29LAMEA Others Market, by Country, 2023 - 2030, USD Million
  • TABLE 30LAMEA Smart Home Devices Market, by Country, 2019 - 2022, USD Million
  • TABLE 31LAMEA Smart Home Devices Market, by Country, 2023 - 2030, USD Million
  • TABLE 32Brazil Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 33Brazil Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 34Brazil Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 35Brazil Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 36Brazil Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 37Brazil Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 38Argentina Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 39Argentina Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 40Argentina Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 41Argentina Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 42Argentina Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 43Argentina Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 44UAE Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 45UAE Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 46UAE Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 47UAE Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 48UAE Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 49UAE Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 50Saudi Arabia Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 51Saudi Arabia Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 52Saudi Arabia Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 53Saudi Arabia Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 54Saudi Arabia Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 55Saudi Arabia Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 56South Africa Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 57South Africa Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 58South Africa Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 59South Africa Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 60South Africa Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 61South Africa Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 62Nigeria Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 63Nigeria Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 64Nigeria Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 65Nigeria Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 66Nigeria Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 67Nigeria Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 68Rest of LAMEA Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 69Rest of LAMEA Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 70Rest of LAMEA Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 71Rest of LAMEA Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 72Rest of LAMEA Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 73Rest of LAMEA Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 74Key Information - Johnson Controls International PLC
  • TABLE 75Key Information - Schneider Electric SE
  • TABLE 76Key Information - Siemens AG
  • TABLE 77Key Information - Honeywell International, Inc.
  • TABLE 78Key Information - Amazon.com, Inc.
  • TABLE 79Key Information - Apple, Inc.
  • TABLE 80Key Information - Google LLC
  • TABLE 81Key Information - Robert Bosch GmbH
  • TABLE 82Key Information - Raytheon Technologies Corporation
  • TABLE 83Key Information - Samsung Electronics Co., Ltd.
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