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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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    Report

  • 124 Pages
  • March 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5949564
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.
  • com, Inc.
  • Apple Inc.
  • Google LLC (Alphabet Inc.)
  • Robert Bosch GmbH
  • Raytheon Technologies Corporation
  • Samsung Electronics Co., Ltd. (Samsung Group)

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
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Smart Home Devices Market, by Component
1.4.2 LAMEA Smart Home Devices Market, by Type
1.4.3 LAMEA Smart Home Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Partnership & Collaboration: 2019, Dec - 2024, Feb) Leading Players
4.4 Porter Five Forces Analysis
Chapter 5. LAMEA Smart Home Devices Market, by Component
5.1 LAMEA Solutions Market, by Country
5.2 LAMEA Services Market, by Country
Chapter 6. LAMEA Smart Home Devices Market, by Type
6.1 LAMEA Lighting Control Market, by Country
6.2 LAMEA Security & Access Control Market, by Country
6.3 LAMEA Home Appliances Market, by Country
6.4 LAMEA Entertainment & Other Controls Market, by Country
6.5 LAMEA Smart Kitchen Market, by Country
6.6 LAMEA HVAC Control Market, by Country
6.7 LAMEA Smart Furniture Market, by Country
6.8 LAMEA Others Market, by Country
Chapter 7. LAMEA Smart Home Devices Market, by Country
7.1 Brazil Smart Home Devices Market
7.1.1 Brazil Smart Home Devices Market, by Component
7.1.2 Brazil Smart Home Devices Market, by Type
7.2 Argentina Smart Home Devices Market
7.2.1 Argentina Smart Home Devices Market, by Component
7.2.2 Argentina Smart Home Devices Market, by Type
7.3 UAE Smart Home Devices Market
7.3.1 UAE Smart Home Devices Market, by Component
7.3.2 UAE Smart Home Devices Market, by Type
7.4 Saudi Arabia Smart Home Devices Market
7.4.1 Saudi Arabia Smart Home Devices Market, by Component
7.4.2 Saudi Arabia Smart Home Devices Market, by Type
7.5 South Africa Smart Home Devices Market
7.5.1 South Africa Smart Home Devices Market, by Component
7.5.2 South Africa Smart Home Devices Market, by Type
7.6 Nigeria Smart Home Devices Market
7.6.1 Nigeria Smart Home Devices Market, by Component
7.6.2 Nigeria Smart Home Devices Market, by Type
7.7 Rest of LAMEA Smart Home Devices Market
7.7.1 Rest of LAMEA Smart Home Devices Market, by Component
7.7.2 Rest of LAMEA Smart Home Devices Market, by Type
Chapter 8. Company Profiles
8.1 Johnson Controls International PLC
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental & Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Schneider Electric SE
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.2.5.4 Geographical Expansions:
8.2.6 SWOT Analysis
8.3 Siemens AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Honeywell International, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Amazon.com, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Partnerships, Collaborations, and Agreements:
8.5.5 SWOT Analysis
8.6 Apple, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 Google LLC (Alphabet Inc.)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.6 SWOT Analysis
8.8 Robert Bosch GmbH
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 SWOT Analysis
8.9 Raytheon Technologies Corporation
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 SWOT Analysis
8.10. Samsung Electronics Co., Ltd. (Samsung Group)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 SWOT Analysis

Companies Mentioned

  • 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)

Methodology

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