The Latin America, Middle East and Africa Smart Security Market would witness market growth of 13.8% CAGR during the forecast period (2023-2030).
Edge computing employed to process data closer to the source (at the network's edge) rather than relying solely on centralized cloud servers. This helped reduce latency and improve real-time processing in these applications. Mobile applications for security management becoming more sophisticated, allowing users to monitor and control their security systems remotely through smartphones and tablets. These systems are widely used in homes for monitoring and protecting against intrusions. This includes smart doorbell cameras, smart locks, motion sensors, and integrated home security systems that can be monitored remotely.
Healthcare facilities use these solutions to ensure the safety of patients, staff, and sensitive medical equipment. Access control, surveillance, and RFID-based tracking systems contribute to enhanced security. The banking sector employs these measures to protect financial transactions, secure ATMs, and monitor bank branches. Biometric authentication and advanced access control systems are often implemented. These solutions are employed in transportation hubs, airports, and logistics centers to monitor people, vehicles, and cargo.
Saudi Arabia's Vision 2030 outlines ambitious economic diversification and technological advancement goals. The vision emphasizes the importance of a secure and safe environment, driving investments in these technologies in Saudi Arabia. Saudi Arabia is investing in developing smart cities, such as NEOM and the King Salman Energy Park (SPARK). These smart city projects integrate advanced technologies, including these solutions, to create sustainable and secure urban environments in Saudi. Saudi Arabia fosters a culture of innovation, leading to the adoption of cutting-edge technologies. With the increasing convergence of physical and cybersecurity, Saudi Arabia emphasizes the integration of cybersecurity measures into these systems. Due to these aspects, the market will expand across the LAMEA region in upcoming years.
The Brazil market dominated the LAMEA Smart Security Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,875.8 million by 2030. The Argentina market is showcasing a CAGR of 14.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 13.5% during (2023 - 2030).
Based on Protocol, the market is segmented into Hybrid, Wireless Protocols, and Wired Protocols. Based on Type, the market is segmented into Intelligent Video Surveillance, Access Control Systems, Smart Intruder Alarms, and Others. Based on Application, the market is segmented into Commercial, Residential, and Industrial. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Smart Security Market is Projected to reach USD 135 Billion by 2030, at a CAGR of 12.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Alarm.com Holdings, Inc., Netgear, Inc., ADT, Inc., Hangzhou Hikvision Digital Technology Co., Ltd., Honeywell International, Inc., Johnson Controls International PLC, Samsung Electronics Co., Ltd. (Samsung Group), Amazon.com, Inc., Robert Bosch GmbH and Legrand Group
Scope of the Study
Market Segments Covered in the Report:
By Protocol
- Hybrid
- Wireless Protocols
- Wired Protocols
By Type
- Intelligent Video Surveillance
- Access Control Systems
- Smart Intruder Alarms
- Others
By Application
- Commercial
- Residential
- Industrial
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Alarm.com Holdings, Inc.
- Netgear, Inc.
- ADT, Inc.
- Hangzhou Hikvision Digital Technology Co., Ltd.
- Honeywell International, Inc.
- Johnson Controls International PLC
- Samsung Electronics Co., Ltd. (Samsung Group)
- Amazon.com, Inc.
- Robert Bosch GmbH
- Legrand Group
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Smart Security Market, by Protocol
1.4.2 LAMEA Smart Security Market, by Type
1.4.3 LAMEA Smart Security Market, by Application
1.4.4 LAMEA Smart Security 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
Chapter 4. Competition Analysis - Global
4.1 KBV 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: (Product Launches and Product Expansions: 2019, Jun – 2023, Dec) Leading Players
4.4 Porter Five Forces Analysis
Chapter 5. LAMEA Smart Security Market, by Protocol
5.1 LAMEA Hybrid Market, by Country
5.2 LAMEA Wireless Protocols Market, by Country
5.3 LAMEA Wired Protocols Market, by Country
Chapter 6. LAMEA Smart Security Market, by Type
6.1 LAMEA Intelligent Video Surveillance Market, by Country
6.2 LAMEA Access Control Systems Market, by Country
6.3 LAMEA Smart Intruder Alarms Market, by Country
6.4 LAMEA Others Market, by Country
Chapter 7. LAMEA Smart Security Market, by Application
7.1 LAMEA Commercial Market, by Country
7.2 LAMEA Residential Market, by Country
7.3 LAMEA Industrial Market, by Country
Chapter 8. LAMEA Smart Security Market, by Country
8.1 Brazil Smart Security Market
8.1.1 Brazil Smart Security Market, by Protocol
8.1.2 Brazil Smart Security Market, by Type
8.1.3 Brazil Smart Security Market, by Application
8.2 Argentina Smart Security Market
8.2.1 Argentina Smart Security Market, by Protocol
8.2.2 Argentina Smart Security Market, by Type
8.2.3 Argentina Smart Security Market, by Application
8.3 UAE Smart Security Market
8.3.1 UAE Smart Security Market, by Protocol
8.3.2 UAE Smart Security Market, by Type
8.3.3 UAE Smart Security Market, by Application
8.4 Saudi Arabia Smart Security Market
8.4.1 Saudi Arabia Smart Security Market, by Protocol
8.4.2 Saudi Arabia Smart Security Market, by Type
8.4.3 Saudi Arabia Smart Security Market, by Application
8.5 South Africa Smart Security Market
8.5.1 South Africa Smart Security Market, by Protocol
8.5.2 South Africa Smart Security Market, by Type
8.5.3 South Africa Smart Security Market, by Application
8.6 Nigeria Smart Security Market
8.6.1 Nigeria Smart Security Market, by Protocol
8.6.2 Nigeria Smart Security Market, by Type
8.6.3 Nigeria Smart Security Market, by Application
8.7 Rest of LAMEA Smart Security Market
8.7.1 Rest of LAMEA Smart Security Market, by Protocol
8.7.2 Rest of LAMEA Smart Security Market, by Type
8.7.3 Rest of LAMEA Smart Security Market, by Application
Chapter 9. Company Profiles
9.1 Alarm.com Holdings, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Research & Development Expenses
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.4.2 Product Launches and Product Expansions:
9.1.4.3 Acquisition and Mergers:
9.2 Netgear, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segment and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 ADT, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental Analysis
9.3.4 Recent strategies and developments:
9.3.4.1 Partnerships, Collaborations, and Agreements:
9.3.4.2 Product Launches and Product Expansions:
9.3.4.3 Acquisition and Mergers:
9.4 Hangzhou Hikvision Digital Technology Co., Ltd.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 Honeywell International, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.6 SWOT Analysis
9.6 Johnson Controls International PLC
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental & Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Samsung Electronics Co., Ltd. (Samsung Group)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Recent strategies and developments:
9.7.4.1 Partnerships, Collaborations, and Agreements:
9.7.5 SWOT Analysis
9.8 Amazon.com, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental Analysis
9.8.4 SWOT Analysis
9.9 Robert Bosch GmbH
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.6 SWOT Analysis
9.10. Legrand Group
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expense
9.10.5 SWOT Analysis
TABLE 1 LAMEA Smart Security Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Smart Security Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Security Market
TABLE 4 Product Launches And Product Expansions– Smart Security Market
TABLE 5 Acquisition and Mergers– Smart Security Market
TABLE 6 LAMEA Smart Security Market, by Protocol, 2019 - 2022, USD Million
TABLE 7 LAMEA Smart Security Market, by Protocol, 2023 - 2030, USD Million
TABLE 8 LAMEA Hybrid Market, by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA Hybrid Market, by Country, 2023 - 2030, USD Million
TABLE 10 LAMEA Wireless Protocols Market, by Country, 2019 - 2022, USD Million
TABLE 11 LAMEA Wireless Protocols Market, by Country, 2023 - 2030, USD Million
TABLE 12 LAMEA Wired Protocols Market, by Country, 2019 - 2022, USD Million
TABLE 13 LAMEA Wired Protocols Market, by Country, 2023 - 2030, USD Million
TABLE 14 LAMEA Smart Security Market, by Type, 2019 - 2022, USD Million
TABLE 15 LAMEA Smart Security Market, by Type, 2023 - 2030, USD Million
TABLE 16 LAMEA Intelligent Video Surveillance Market, by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA Intelligent Video Surveillance Market, by Country, 2023 - 2030, USD Million
TABLE 18 LAMEA Access Control Systems Market, by Country, 2019 - 2022, USD Million
TABLE 19 LAMEA Access Control Systems Market, by Country, 2023 - 2030, USD Million
TABLE 20 LAMEA Smart Intruder Alarms Market, by Country, 2019 - 2022, USD Million
TABLE 21 LAMEA Smart Intruder Alarms Market, by Country, 2023 - 2030, USD Million
TABLE 22 LAMEA Others Market, by Country, 2019 - 2022, USD Million
TABLE 23 LAMEA Others Market, by Country, 2023 - 2030, USD Million
TABLE 24 LAMEA Smart Security Market, by Application, 2019 - 2022, USD Million
TABLE 25 LAMEA Smart Security Market, by Application, 2023 - 2030, USD Million
TABLE 26 LAMEA Commercial Market, by Country, 2019 - 2022, USD Million
TABLE 27 LAMEA Commercial Market, by Country, 2023 - 2030, USD Million
TABLE 28 LAMEA Residential Market, by Country, 2019 - 2022, USD Million
TABLE 29 LAMEA Residential Market, by Country, 2023 - 2030, USD Million
TABLE 30 LAMEA Industrial Market, by Country, 2019 - 2022, USD Million
TABLE 31 LAMEA Industrial Market, by Country, 2023 - 2030, USD Million
TABLE 32 LAMEA Smart Security Market, by Country, 2019 - 2022, USD Million
TABLE 33 LAMEA Smart Security Market, by Country, 2023 - 2030, USD Million
TABLE 34 Brazil Smart Security Market, 2019 - 2022, USD Million
TABLE 35 Brazil Smart Security Market, 2023 - 2030, USD Million
TABLE 36 Brazil Smart Security Market, by Protocol, 2019 - 2022, USD Million
TABLE 37 Brazil Smart Security Market, by Protocol, 2023 - 2030, USD Million
TABLE 38 Brazil Smart Security Market, by Type, 2019 - 2022, USD Million
TABLE 39 Brazil Smart Security Market, by Type, 2023 - 2030, USD Million
TABLE 40 Brazil Smart Security Market, by Application, 2019 - 2022, USD Million
TABLE 41 Brazil Smart Security Market, by Application, 2023 - 2030, USD Million
TABLE 42 Argentina Smart Security Market, 2019 - 2022, USD Million
TABLE 43 Argentina Smart Security Market, 2023 - 2030, USD Million
TABLE 44 Argentina Smart Security Market, by Protocol, 2019 - 2022, USD Million
TABLE 45 Argentina Smart Security Market, by Protocol, 2023 - 2030, USD Million
TABLE 46 Argentina Smart Security Market, by Type, 2019 - 2022, USD Million
TABLE 47 Argentina Smart Security Market, by Type, 2023 - 2030, USD Million
TABLE 48 Argentina Smart Security Market, by Application, 2019 - 2022, USD Million
TABLE 49 Argentina Smart Security Market, by Application, 2023 - 2030, USD Million
TABLE 50 UAE Smart Security Market, 2019 - 2022, USD Million
TABLE 51 UAE Smart Security Market, 2023 - 2030, USD Million
TABLE 52 UAE Smart Security Market, by Protocol, 2019 - 2022, USD Million
TABLE 53 UAE Smart Security Market, by Protocol, 2023 - 2030, USD Million
TABLE 54 UAE Smart Security Market, by Type, 2019 - 2022, USD Million
TABLE 55 UAE Smart Security Market, by Type, 2023 - 2030, USD Million
TABLE 56 UAE Smart Security Market, by Application, 2019 - 2022, USD Million
TABLE 57 UAE Smart Security Market, by Application, 2023 - 2030, USD Million
TABLE 58 Saudi Arabia Smart Security Market, 2019 - 2022, USD Million
TABLE 59 Saudi Arabia Smart Security Market, 2023 - 2030, USD Million
TABLE 60 Saudi Arabia Smart Security Market, by Protocol, 2019 - 2022, USD Million
TABLE 61 Saudi Arabia Smart Security Market, by Protocol, 2023 - 2030, USD Million
TABLE 62 Saudi Arabia Smart Security Market, by Type, 2019 - 2022, USD Million
TABLE 63 Saudi Arabia Smart Security Market, by Type, 2023 - 2030, USD Million
TABLE 64 Saudi Arabia Smart Security Market, by Application, 2019 - 2022, USD Million
TABLE 65 Saudi Arabia Smart Security Market, by Application, 2023 - 2030, USD Million
TABLE 66 South Africa Smart Security Market, 2019 - 2022, USD Million
TABLE 67 South Africa Smart Security Market, 2023 - 2030, USD Million
TABLE 68 South Africa Smart Security Market, by Protocol, 2019 - 2022, USD Million
TABLE 69 South Africa Smart Security Market, by Protocol, 2023 - 2030, USD Million
TABLE 70 South Africa Smart Security Market, by Type, 2019 - 2022, USD Million
TABLE 71 South Africa Smart Security Market, by Type, 2023 - 2030, USD Million
TABLE 72 South Africa Smart Security Market, by Application, 2019 - 2022, USD Million
TABLE 73 South Africa Smart Security Market, by Application, 2023 - 2030, USD Million
TABLE 74 Nigeria Smart Security Market, 2019 - 2022, USD Million
TABLE 75 Nigeria Smart Security Market, 2023 - 2030, USD Million
TABLE 76 Nigeria Smart Security Market, by Protocol, 2019 - 2022, USD Million
TABLE 77 Nigeria Smart Security Market, by Protocol, 2023 - 2030, USD Million
TABLE 78 Nigeria Smart Security Market, by Type, 2019 - 2022, USD Million
TABLE 79 Nigeria Smart Security Market, by Type, 2023 - 2030, USD Million
TABLE 80 Nigeria Smart Security Market, by Application, 2019 - 2022, USD Million
TABLE 81 Nigeria Smart Security Market, by Application, 2023 - 2030, USD Million
TABLE 82 Rest of LAMEA Smart Security Market, 2019 - 2022, USD Million
TABLE 83 Rest of LAMEA Smart Security Market, 2023 - 2030, USD Million
TABLE 84 Rest of LAMEA Smart Security Market, by Protocol, 2019 - 2022, USD Million
TABLE 85 Rest of LAMEA Smart Security Market, by Protocol, 2023 - 2030, USD Million
TABLE 86 Rest of LAMEA Smart Security Market, by Type, 2019 - 2022, USD Million
TABLE 87 Rest of LAMEA Smart Security Market, by Type, 2023 - 2030, USD Million
TABLE 88 Rest of LAMEA Smart Security Market, by Application, 2019 - 2022, USD Million
TABLE 89 Rest of LAMEA Smart Security Market, by Application, 2023 - 2030, USD Million
TABLE 90 Key Information – Alarm.com Holdings, inc.
TABLE 91 Key information – Netgear, Inc.
TABLE 92 Key Information – ADT Inc.
TABLE 93 Key Information – Hangzhou Hikvision Digital Technology Co., Ltd.
TABLE 94 Key Information – Honeywell International, Inc.
TABLE 95 Key Information – Johnson Controls International PLC
TABLE 96 Key Information – Samsung Electronics Co., Ltd.
TABLE 97 Key Information – Amazon.com, Inc.
TABLE 98 Key Information – Robert Bosch GmbH
TABLE 99 key Information – Legrand Group
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Smart Security Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Smart Security Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Product Launches and Product Expansions : 2019, Jun – 2023, Dec) Leading Players
FIG 7 Porter’s Five Forces Analysis – Smart Security Market
FIG 8 LAMEA Smart Security Market, Share by Protocol, 2022
FIG 9 LAMEA Smart Security Market, Share by Protocol, 2030
FIG 10 LAMEA Smart Security Market, by Protocol, 2019 - 2030, USD Million
FIG 11 LAMEA Smart Security Market, Share by Type, 2022
FIG 12 LAMEA Smart Security Market, Share by Type, 2030
FIG 13 LAMEA Smart Security Market, by Type, 2019 - 2030, USD Million
FIG 14 LAMEA Smart Security Market, Share by Application, 2022
FIG 15 LAMEA Smart Security Market, Share by Application, 2030
FIG 16 LAMEA Smart Security Market, by Application, 2019 - 2030, USD Million
FIG 17 LAMEA Smart Security Market, Share by Country, 2022
FIG 18 LAMEA Smart Security Market, Share by Country, 2030
FIG 19 LAMEA Smart Security Market, by Country, 2019 - 2030, USD Million
FIG 20 Recent strategies and developments: Alarm.com Holdings, Inc.
FIG 21 SWOT Analysis: Netgear, Inc.
FIG 22 Recent strategies and developments: ADT, Inc.
FIG 23 Recent strategies and developments: Hangzhou Hikvision Digital Technology Co., Ltd.
FIG 24 SWOT Analysis: Hangzhou Hikvision Digital Technology Co., Ltd.
FIG 25 SWOT Analysis: Honeywell international, inc.
FIG 26 SWOT Analysis: Johnson Controls International PLC
FIG 27 SWOT Analysis: Samsung Electronics Co., Ltd
FIG 28 SWOT Analysis: Amazon.com, Inc.
FIG 29 SWOT Analysis: Robert Bosch GmbH
FIG 30 SWOT Analysis: Legrand Group