The Latin America, Middle East and Africa Smart Home Services Market would witness market growth of 13.0% CAGR during the forecast period (2022-2028).
In addition to linked gadgets, most household appliances may be supplemented with smart plugs and load monitors that can measure and adjust their power usage and functioning in real-time. Consequently, any "dumb" device that is plugged in can gain remote control, scheduling, and energy monitoring capabilities: using a mobile app, a coffee maker turns on at sunrise, a fan can be scheduled to turn on at noon, and a lamp can be synchronized with the sunset so the owner never returns home to a dark house.
Smart switches can be added to existing lighting systems to provide remote control and scheduling. Smart plugs are linked between the electrical outlet and the gadget or might be included within the electrical outlet (smart power outlets). Energy usage data may be monitored in real-time, saved for subsequent analysis, exported as CSV or xls files, and combined with energy pricing data for basic cost management. Wiz, Belkin Wemo, Parce, Dome, Leviton, Sylvania, and iHome are among the major producers of smart plugs, switches, and outlets.
The number of smart city activities now ongoing in the region would have a substantial impact on the expansion of smart home deployment in the region. The Abu Dhabi Smart Cities Summit recently concluded its revised version at an event with experts, public officials, foreign speakers, policymakers, pioneers in smart cities technology, and international experts. The summit aims to reorganize visions of smart cities for the future and strengthen Abu Dhabi's pioneering competence in anticipating the advancements of cities. To move from planning to implementation and then to deployment on the ground, with a focus on people as the core of change and in reaffirming the significance of people in the change process, more than 25 local and federal government agencies, well-known international organizations, and smart city sector businesses contributed to the success of the summit.
The Brazil market dominated the LAMEA Smart Home Services Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $209.4 million by 2028. The Argentina market is exhibiting a CAGR of 13.6% during (2022 - 2028). Additionally, The UAE market would experience a CAGR of 12.7% during (2022 - 2028).
Based on Type, the market is segmented into IoT Services for Smart Appliances, IoT Services for Control & Connectivity Devices and IoT Services for Security & Surveillance Equipment. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Smart Home Services Market is Predict to reach $10.9 Billion by 2028, at a CAGR of 10.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson Controls International PLC, Lumen Technologies, Inc., Comcast Corporation, Charter Communications, Inc., Telus International (Telus Communications Inc.), Vivint Smart Home, Inc., ADT, Inc. (Apollo Global Management, Inc.), Trane Technologies PLC, Rexel Group, and Calix, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- IoT Services for Smart Appliances
- IoT Services for Control & Connectivity Devices
- IoT Services for Security & Surveillance Equipment
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Johnson Controls International PLC
- Lumen Technologies, Inc.
- Comcast Corporation
- Charter Communications, Inc.
- Telus International (Telus Communications Inc.)
- Vivint Smart Home, Inc.
- ADT, Inc. (Apollo Global Management, Inc.)
- Trane Technologies PLC
- Rexel Group
- Calix, Inc.
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 Services Market, by Type
1.4.2 LAMEA Smart Home Services Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Jan – 2022, Aug) Leading Players
Chapter 4. LAMEA Smart Home Services Market by Type
4.1 LAMEA IoT Services for Smart Appliances Market by Country
4.2 LAMEA IoT Services for Control & Connectivity Devices Market by Country
4.3 LAMEA IoT Services for Security & Surveillance Equipment Market by Country
Chapter 5. LAMEA Smart Home Services Market by Country
5.1 Brazil Smart Home Services Market
5.1.1 Brazil Smart Home Services Market by Type
5.2 Argentina Smart Home Services Market
5.2.1 Argentina Smart Home Services Market by Type
5.3 UAE Smart Home Services Market
5.3.1 UAE Smart Home Services Market by Type
5.4 Saudi Arabia Smart Home Services Market
5.4.1 Saudi Arabia Smart Home Services Market by Type
5.5 South Africa Smart Home Services Market
5.5.1 South Africa Smart Home Services Market by Type
5.6 Nigeria Smart Home Services Market
5.6.1 Nigeria Smart Home Services Market by Type
5.7 Rest of LAMEA Smart Home Services Market
5.7.1 Rest of LAMEA Smart Home Services Market by Type
Chapter 6. Company Profiles
6.1 Johnson Controls International PLC
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental & Regional Analysis
6.1.4 Research & Development Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Product Launches and Product Expansions:
6.1.5.2 Acquisition and Mergers:
6.2 Lumen Technologies, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental Analysis
6.2.4 Recent strategies and developments:
6.2.4.1 Partnerships, Collaborations, and Agreements:
6.3 Comcast Corporation
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Recent strategies and developments:
6.3.4.1 Partnerships, Collaborations, and Agreements:
6.3.4.2 Product Launches and Product Expansions:
6.4 Charter Communications, Inc.
6.4.1 Company Overview
6.4.2 Financial Analysis
6.5 Telus International (Telus Communications Inc.)
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Regional Analysis
6.5.4 Recent strategies and developments:
6.5.4.1 Partnerships, Collaborations, and Agreements:
6.5.4.2 Product Launches and Product Expansions:
6.5.4.3 Acquisition and Mergers:
6.6 Vivint Smart Home, Inc.
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Regional Analysis
6.6.4 Recent strategies and developments:
6.6.4.1 Partnerships, Collaborations, and Agreements:
6.6.4.2 Product Launches and Product Expansions:
6.7 ADT, Inc. (Apollo Global Management, Inc.)
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Regional Analysis
6.7.4 Recent strategies and developments:
6.7.4.1 Partnerships, Collaborations, and Agreements:
6.7.4.2 Acquisition and Mergers:
6.8 Trane Technologies PLC
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Regional Analysis
6.8.4 Research & Development Expense
6.8.5 Recent strategies and developments:
6.8.5.1 Product Launches and Product Expansions:
6.9 Rexel Group
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental Analysis
6.9.4 Recent strategies and developments:
6.9.4.1 Product Launches and Product Expansions:
6.9.4.2 Acquisition and Mergers:
6.9.4.3 Geographical Expansions:
6.10. Calix, Inc.
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Regional Analysis
6.10.4 Research & Development Expenses
6.10.5 Recent strategies and developments:
6.10.5.1 Partnerships, Collaborations, and Agreements:
6.10.5.2 Product Launches and Product Expansions:
TABLE 1 LAMEA Smart Home Services Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Smart Home Services Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Home Services Market
TABLE 4 Product Launches And Product Expansions– Smart Home Services Market
TABLE 5 Acquisition and Mergers– Smart Home Services Market
TABLE 6 Geographical Expansions – Smart Home Services Market
TABLE 7 LAMEA Smart Home Services Market by Type, 2018 - 2021, USD Million
TABLE 8 LAMEA Smart Home Services Market by Type, 2022 - 2028, USD Million
TABLE 9 LAMEA IoT Services for Smart Appliances Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA IoT Services for Smart Appliances Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA IoT Services for Control & Connectivity Devices Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA IoT Services for Control & Connectivity Devices Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA IoT Services for Security & Surveillance Equipment Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA IoT Services for Security & Surveillance Equipment Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Smart Home Services Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Smart Home Services Market by Country, 2022 - 2028, USD Million
TABLE 17 Brazil Smart Home Services Market, 2018 - 2021, USD Million
TABLE 18 Brazil Smart Home Services Market, 2022 - 2028, USD Million
TABLE 19 Brazil Smart Home Services Market by Type, 2018 - 2021, USD Million
TABLE 20 Brazil Smart Home Services Market by Type, 2022 - 2028, USD Million
TABLE 21 Argentina Smart Home Services Market, 2018 - 2021, USD Million
TABLE 22 Argentina Smart Home Services Market, 2022 - 2028, USD Million
TABLE 23 Argentina Smart Home Services Market by Type, 2018 - 2021, USD Million
TABLE 24 Argentina Smart Home Services Market by Type, 2022 - 2028, USD Million
TABLE 25 UAE Smart Home Services Market, 2018 - 2021, USD Million
TABLE 26 UAE Smart Home Services Market, 2022 - 2028, USD Million
TABLE 27 UAE Smart Home Services Market by Type, 2018 - 2021, USD Million
TABLE 28 UAE Smart Home Services Market by Type, 2022 - 2028, USD Million
TABLE 29 Saudi Arabia Smart Home Services Market, 2018 - 2021, USD Million
TABLE 30 Saudi Arabia Smart Home Services Market, 2022 - 2028, USD Million
TABLE 31 Saudi Arabia Smart Home Services Market by Type, 2018 - 2021, USD Million
TABLE 32 Saudi Arabia Smart Home Services Market by Type, 2022 - 2028, USD Million
TABLE 33 South Africa Smart Home Services Market, 2018 - 2021, USD Million
TABLE 34 South Africa Smart Home Services Market, 2022 - 2028, USD Million
TABLE 35 South Africa Smart Home Services Market by Type, 2018 - 2021, USD Million
TABLE 36 South Africa Smart Home Services Market by Type, 2022 - 2028, USD Million
TABLE 37 Nigeria Smart Home Services Market, 2018 - 2021, USD Million
TABLE 38 Nigeria Smart Home Services Market, 2022 - 2028, USD Million
TABLE 39 Nigeria Smart Home Services Market by Type, 2018 - 2021, USD Million
TABLE 40 Nigeria Smart Home Services Market by Type, 2022 - 2028, USD Million
TABLE 41 Rest of LAMEA Smart Home Services Market, 2018 - 2021, USD Million
TABLE 42 Rest of LAMEA Smart Home Services Market, 2022 - 2028, USD Million
TABLE 43 Rest of LAMEA Smart Home Services Market by Type, 2018 - 2021, USD Million
TABLE 44 Rest of LAMEA Smart Home Services Market by Type, 2022 - 2028, USD Million
TABLE 45 Key Information – Johnson Controls International PLC
TABLE 46 Key Information – Lumen Technologies, Inc.
TABLE 47 key information – Comcast Corporation
TABLE 48 key information – Charter Communications, Inc.
TABLE 49 Key Information – Telus International
TABLE 50 Key information –Vivint Smart Home, Inc.
TABLE 51 key Information – ADT, Inc.
TABLE 52 Key Information – Trane Technologies PLC
TABLE 53 Key Information – Rexel Group
TABLE 54 Key Information – Calix, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Jan – 2022, Aug) Leading Players
FIG 5 Recent strategies and developments: Johnson Controls International PLC
FIG 6 Recent strategies and developments: Comcast Corporation
FIG 7 Recent strategies and developments: Telus International
FIG 8 Recent strategies and developments: Vivint Smart Home, Inc.
FIG 9 Recent strategies and developments: ADT, Inc.
FIG 10 Recent strategies and developments: Rexel Group
FIG 11 Recent strategies and developments: Calix, Inc.