The Latin America, Middle East and Africa Consumer IoT Market would witness market growth of 18.6% CAGR during the forecast period (2021-2027).
The introduction of a 5G network to power IoT consumer electronics has gained popularity, allied sales would maximize in the upcoming years. The latest cellular network technology would provide speed and low latency to the consumer's market.
In the automotive industry, applications like connected car systems and in-car infotainment systems harness the potential of IoT capabilities. The key automotive OEMs have been entering into a partnership with component and solution vendors to create a purpose-built portfolio. With the help of this, they aimed to improve the customer experience.
With the rising demand for smart and advanced products across various nations of the region, the demand for consumer IoT is subsequently increasing. Additionally, the drastic rise in investment in the development and adoption of smart technologies and devices within the healthcare industry of the region would create lucrative opportunities for the major market players.
However, the high cost attached to the connected devices with the growing number of security concerns would act as barriers to the growth of the regional consumer IoT market during the forecast period. Thus, regional players are aiming to address these challenges by launching advanced connected devices. Therefore, these factors are likely to boost the growth of the regional consumer IoT market during the forecasting period.
The Brazil market dominated the LAMEA Consumer IoT Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $3,884.3 million by 2027. The Argentina market is poised to grow at a CAGR of 19.2% during (2021 - 2027). Additionally, The UAE market would witness a CAGR of 18.3% during (2021 - 2027).
Based on Component, the market is segmented into Hardware, Software, and Services. Based on connectivity, the market is segmented into Wired and Wireless. Based on Vertical, the market is segmented into Home Automation, Automotive, Consumer Electronics, Healthcare, and Others. 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 Consumer IoT Market is Predict to reach $204.8 billion by 2027, at a CAGR of 15.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, IBM Corporation, Schneider Electric SE, General Electric (GE) Co., Cisco Systems, Inc., NXP Semiconductors N.V., Texas Instruments, Inc., Intel Corporation, Qualcomm, Inc., and Honeywell International, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Hardware
- Processors
- Network Infrastructure
- Sensors
- Others
- Software
- Services
By Connectivity
By Vertical
- Home Automation
- Automotive
- Consumer Electronics
- Healthcare
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- IBM Corporation
- Schneider Electric SE
- General Electric (GE) Co.
- Cisco Systems, Inc.
- NXP Semiconductors N.V.
- Texas Instruments, Inc.
- Intel Corporation
- Qualcomm, Inc.
- Honeywell International, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Consumer IoT Market, by Component
1.4.2 LAMEA Consumer IoT Market, by Connectivity
1.4.3 LAMEA Consumer IoT Market, by Vertical
1.4.4 LAMEA Consumer IoT 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 and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis
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
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Mar – 2021, Sep) Leading Players
Chapter 4. LAMEA Consumer IoT Market by Component
4.1 LAMEA Hardware Market by Country
4.2 LAMEA Hardware Market by Type
4.2.1 LAMEA Processor Market by Country
4.2.2 LAMEA Network infrastructure Market by Country
4.2.3 LAMEA Sensors Market by Country
4.2.4 LAMEA Others Hardware Type Consumer IoT Market by Country
4.3 LAMEA Software Market by Country
4.4 LAMEA Services Market by Country
Chapter 5. LAMEA Consumer IoT Market by Connectivity
5.1 LAMEA Wired Market by Country
5.2 LAMEA Wireless Market by Country
Chapter 6. LAMEA Consumer IoT Market by Vertical
6.1 LAMEA Home Automation Market by Country
6.2 LAMEA Automotive Market by Country
6.3 LAMEA Consumer Electronics Market by Country
6.4 LAMEA Healthcare Market by Country
6.5 LAMEA Others Market by Country
Chapter 7. LAMEA Consumer IoT Market by Country
7.1 Brazil Consumer IoT Market
7.1.1 Brazil Consumer IoT Market by Component
7.1.2 Brazil Hardware Market by Type
7.1.3 Brazil Consumer IoT Market by Connectivity
7.1.4 Brazil Consumer IoT Market by Vertical
7.2 Argentina Consumer IoT Market
7.2.1 Argentina Consumer IoT Market by Component
7.2.2 Argentina Hardware Market by Type
7.2.3 Argentina Consumer IoT Market by Connectivity
7.2.4 Argentina Consumer IoT Market by Vertical
7.3 UAE Consumer IoT Market
7.3.1 UAE Consumer IoT Market by Component
7.3.2 UAE Hardware Market by Type
7.3.3 UAE Consumer IoT Market by Connectivity
7.3.4 UAE Consumer IoT Market by Vertical
7.4 Saudi Arabia Consumer IoT Market
7.4.1 Saudi Arabia Consumer IoT Market by Component
7.4.2 Saudi Arabia Hardware Market by Type
7.4.3 Saudi Arabia Consumer IoT Market by Connectivity
7.4.4 Saudi Arabia Consumer IoT Market by Vertical
7.5 South Africa Consumer IoT Market
7.5.1 South Africa Consumer IoT Market by Component
7.5.2 South Africa Hardware Market by Type
7.5.3 South Africa Consumer IoT Market by Connectivity
7.5.4 South Africa Consumer IoT Market by Vertical
7.6 Nigeria Consumer IoT Market
7.6.1 Nigeria Consumer IoT Market by Component
7.6.2 Nigeria Hardware Market by Type
7.6.3 Nigeria Consumer IoT Market by Connectivity
7.6.4 Nigeria Consumer IoT Market by Vertical
7.7 Rest of LAMEA Consumer IoT Market
7.7.1 Rest of LAMEA Consumer IoT Market by Component
7.7.2 Rest of LAMEA Hardware Market by Type
7.7.3 Rest of LAMEA Consumer IoT Market by Connectivity
7.7.4 Rest of LAMEA Consumer IoT Market by Vertical
Chapter 8. Company Profiles
8.1 Microsoft Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.1 Recent strategies and developments:
8.1.1.1 Partnerships, Collaborations, and Agreements:
8.1.2 SWOT Analysis
8.2 IBM Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional & Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.6 SWOT Analysis
8.3 Schneider Electric SE
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 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 General Electric (GE) Co.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.4.6 SWOT Analysis
8.5 Cisco Systems, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Acquisitions and Mergers:
8.5.5.3 Product launches and Product Expansions:
8.5.6 SWOT Analysis
8.6 NXP Semiconductors N.V.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Acquisitions and Mergers:
8.6.5.3 Product Launches and Product Expansions:
8.6.6 SWOT Analysis
8.7 Texas Instruments, 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 Intel Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent Strategies and Developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.8.6 SWOT Analysis
8.9 Qualcomm, Inc.
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 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Acquisitions and Mergers:
8.9.5.3 Product Launches and Product Expansions:
8.9.6 SWOT Analysis
8.1 Honeywell International, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional & Segmental Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
8.10.6 SWOT Analysis
TABLE 1 LAMEA Consumer IoT Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Consumer IoT Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Consumer IoT Market
TABLE 4 Product Launches And Product Expansions– Consumer IoT Market
TABLE 5 Acquisition and Mergers– Consumer IoT Market
TABLE 6 LAMEA Consumer IoT Market by Component, 2017 - 2020, USD Million
TABLE 7 LAMEA Consumer IoT Market by Component, 2021 - 2027, USD Million
TABLE 8 LAMEA HardwareMarket by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA HardwareMarket by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Hardware Market by Type, 2017 - 2020, USD Million
TABLE 11 LAMEA Hardware Market by Type, 2021 - 2027, USD Million
TABLE 12 LAMEA Processor Market by Country, 2017 - 2020, USD Million
TABLE 13 LAMEA Processor Market by Country, 2021 - 2027, USD Million
TABLE 14 LAMEA Network infrastructure Market by Country, 2017 - 2020, USD Million
TABLE 15 LAMEA Network infrastructure Market by Country, 2021 - 2027, USD Million
TABLE 16 LAMEA Sensors Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA Sensors Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA Others Hardware Type Consumer IoT Market by Country, 2017 - 2020, USD Million
TABLE 19 LAMEA Others Hardware Type Consumer IoT Market by Country, 2021 - 2027, USD Million
TABLE 20 LAMEA Software Market by Country, 2017 - 2020, USD Million
TABLE 21 LAMEA Software Market by Country, 2021 - 2027, USD Million
TABLE 22 LAMEA Services Market by Country, 2017 - 2020, USD Million
TABLE 23 LAMEA Services Market by Country, 2021 - 2027, USD Million
TABLE 24 LAMEA Consumer IoT Market by Connectivity, 2017 - 2020, USD Million
TABLE 25 LAMEA Consumer IoT Market by Connectivity, 2021 - 2027, USD Million
TABLE 26 LAMEA Wired Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA Wired Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Wireless Consumer IoT Market by Country, 2017 - 2020, USD Million
TABLE 29 LAMEA Wireless Consumer IoT Market by Country, 2021 - 2027, USD Million
TABLE 30 LAMEA Consumer IoT Market by Vertical, 2017 - 2020, USD Million
TABLE 31 LAMEA Consumer IoT Market by Vertical, 2021 - 2027, USD Million
TABLE 32 LAMEA Home Automation Consumer IoT Market by Country, 2017 - 2020, USD Million
TABLE 33 LAMEA Home Automation Consumer IoT Market by Country, 2021 - 2027, USD Million
TABLE 34 LAMEA Automotive Consumer IoT Market by Country, 2017 - 2020, USD Million
TABLE 35 LAMEA Automotive Consumer IoT Market by Country, 2021 - 2027, USD Million
TABLE 36 LAMEA Consumer Electronics Consumer IoT Market by Country, 2017 - 2020, USD Million
TABLE 37 LAMEA Consumer Electronics Consumer IoT Market by Country, 2021 - 2027, USD Million
TABLE 38 LAMEA Healthcare Consumer IoT Market by Country, 2017 - 2020, USD Million
TABLE 39 LAMEA Healthcare Consumer IoT Market by Country, 2021 - 2027, USD Million
TABLE 40 LAMEA Others Consumer IoT Market by Country, 2017 - 2020, USD Million
TABLE 41 LAMEA Others Consumer IoT Market by Country, 2021 - 2027, USD Million
TABLE 42 LAMEA Consumer IoT Market by Country, 2017 - 2020, USD Million
TABLE 43 LAMEA Consumer IoT Market by Country, 2021 - 2027, USD Million
TABLE 44 Brazil Consumer IoT Market, 2017 - 2020, USD Million
TABLE 45 Brazil Consumer IoT Market, 2021 - 2027, USD Million
TABLE 46 Brazil Consumer IoT Market by Component, 2017 - 2020, USD Million
TABLE 47 Brazil Consumer IoT Market by Component, 2021 - 2027, USD Million
TABLE 48 Brazil Hardware Market by Type, 2017 - 2020, USD Million
TABLE 49 Brazil Hardware Market by Type, 2021 - 2027, USD Million
TABLE 50 Brazil Consumer IoT Market by Connectivity, 2017 - 2020, USD Million
TABLE 51 Brazil Consumer IoT Market by Connectivity, 2021 - 2027, USD Million
TABLE 52 Brazil Consumer IoT Market by Vertical, 2017 - 2020, USD Million
TABLE 53 Brazil Consumer IoT Market by Vertical, 2021 - 2027, USD Million
TABLE 54 Argentina Consumer IoT Market, 2017 - 2020, USD Million
TABLE 55 Argentina Consumer IoT Market, 2021 - 2027, USD Million
TABLE 56 Argentina Consumer IoT Market by Component, 2017 - 2020, USD Million
TABLE 57 Argentina Consumer IoT Market by Component, 2021 - 2027, USD Million
TABLE 58 Argentina Hardware Market by Type, 2017 - 2020, USD Million
TABLE 59 Argentina Hardware Market by Type, 2021 - 2027, USD Million
TABLE 60 Argentina Consumer IoT Market by Connectivity, 2017 - 2020, USD Million
TABLE 61 Argentina Consumer IoT Market by Connectivity, 2021 - 2027, USD Million
TABLE 62 Argentina Consumer IoT Market by Vertical, 2017 - 2020, USD Million
TABLE 63 Argentina Consumer IoT Market by Vertical, 2021 - 2027, USD Million
TABLE 64 UAE Consumer IoT Market, 2017 - 2020, USD Million
TABLE 65 UAE Consumer IoT Market, 2021 - 2027, USD Million
TABLE 66 UAE Consumer IoT Market by Component, 2017 - 2020, USD Million
TABLE 67 UAE Consumer IoT Market by Component, 2021 - 2027, USD Million
TABLE 68 UAE Hardware Market by Type, 2017 - 2020, USD Million
TABLE 69 UAE Hardware Market by Type, 2021 - 2027, USD Million
TABLE 70 UAE Consumer IoT Market by Connectivity, 2017 - 2020, USD Million
TABLE 71 UAE Consumer IoT Market by Connectivity, 2021 - 2027, USD Million
TABLE 72 UAE Consumer IoT Market by Vertical, 2017 - 2020, USD Million
TABLE 73 UAE Consumer IoT Market by Vertical, 2021 - 2027, USD Million
TABLE 74 Saudi Arabia Consumer IoT Market, 2017 - 2020, USD Million
TABLE 75 Saudi Arabia Consumer IoT Market, 2021 - 2027, USD Million
TABLE 76 Saudi Arabia Consumer IoT Market by Component, 2017 - 2020, USD Million
TABLE 77 Saudi Arabia Consumer IoT Market by Component, 2021 - 2027, USD Million
TABLE 78 Saudi Arabia Hardware Market by Type, 2017 - 2020, USD Million
TABLE 79 Saudi Arabia Hardware Market by Type, 2021 - 2027, USD Million
TABLE 80 Saudi Arabia Consumer IoT Market by Connectivity, 2017 - 2020, USD Million
TABLE 81 Saudi Arabia Consumer IoT Market by Connectivity, 2021 - 2027, USD Million
TABLE 82 Saudi Arabia Consumer IoT Market by Vertical, 2017 - 2020, USD Million
TABLE 83 Saudi Arabia Consumer IoT Market by Vertical, 2021 - 2027, USD Million
TABLE 84 South Africa Consumer IoT Market, 2017 - 2020, USD Million
TABLE 85 South Africa Consumer IoT Market, 2021 - 2027, USD Million
TABLE 86 South Africa Consumer IoT Market by Component, 2017 - 2020, USD Million
TABLE 87 South Africa Consumer IoT Market by Component, 2021 - 2027, USD Million
TABLE 88 South Africa Hardware Market by Type, 2017 - 2020, USD Million
TABLE 89 South Africa Hardware Market by Type, 2021 - 2027, USD Million
TABLE 90 South Africa Consumer IoT Market by Connectivity, 2017 - 2020, USD Million
TABLE 91 South Africa Consumer IoT Market by Connectivity, 2021 - 2027, USD Million
TABLE 92 South Africa Consumer IoT Market by Vertical, 2017 - 2020, USD Million
TABLE 93 South Africa Consumer IoT Market by Vertical, 2021 - 2027, USD Million
TABLE 94 Nigeria Consumer IoT Market, 2017 - 2020, USD Million
TABLE 95 Nigeria Consumer IoT Market, 2021 - 2027, USD Million
TABLE 96 Nigeria Consumer IoT Market by Component, 2017 - 2020, USD Million
TABLE 97 Nigeria Consumer IoT Market by Component, 2021 - 2027, USD Million
TABLE 98 Nigeria Hardware Market by Type, 2017 - 2020, USD Million
TABLE 99 Nigeria Hardware Market by Type, 2021 - 2027, USD Million
TABLE 100 Nigeria Consumer IoT Market by Connectivity, 2017 - 2020, USD Million
TABLE 101 Nigeria Consumer IoT Market by Connectivity, 2021 - 2027, USD Million
TABLE 102 Nigeria Consumer IoT Market by Vertical, 2017 - 2020, USD Million
TABLE 103 Nigeria Consumer IoT Market by Vertical, 2021 - 2027, USD Million
TABLE 104 Rest of LAMEA Consumer IoT Market, 2017 - 2020, USD Million
TABLE 105 Rest of LAMEA Consumer IoT Market, 2021 - 2027, USD Million
TABLE 106 Rest of LAMEA Consumer IoT Market by Component, 2017 - 2020, USD Million
TABLE 107 Rest of LAMEA Consumer IoT Market by Component, 2021 - 2027, USD Million
TABLE 108 Rest of LAMEA Hardware Market by Type, 2017 - 2020, USD Million
TABLE 109 Rest of LAMEA Hardware Market by Type, 2021 - 2027, USD Million
TABLE 110 Rest of LAMEA Consumer IoT Market by Connectivity, 2017 - 2020, USD Million
TABLE 111 Rest of LAMEA Consumer IoT Market by Connectivity, 2021 - 2027, USD Million
TABLE 112 Rest of LAMEA Consumer IoT Market by Vertical, 2017 - 2020, USD Million
TABLE 113 Rest of LAMEA Consumer IoT Market by Vertical, 2021 - 2027, USD Million
TABLE 114 key information – Microsoft Corporation
TABLE 115 Key information – IBM Corporation
TABLE 116 Key information – Schneider Electric SE
TABLE 117 Key Information – General Electric (GE) Co.
TABLE 118 Key Information – Cisco Systems, Inc.
TABLE 119 Key Information – NXP Semiconductors N.V.
TABLE 120 Key Information – Texas Instruments, Inc.
TABLE 121 Key Information – Intel Corporation
TABLE 122 Key Information – Qualcomm, Inc.
TABLE 123 Key information – Honeywell International, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Mar – 2021, Sep) Leading Players
FIG 5 SWOT Analysis: Microsoft Corporation
FIG 6 Swot analysis: IBM Corporation
FIG 7 Swot analysis: Schneider Electric SE
FIG 8 Recent strategies and developments: General Electric (GE) Co.
FIG 9 Swot analysis: General electric (GE) Co.
FIG 10 Recent strategies and developments: Cisco Systems, Inc.
FIG 11 SWOT Analysis: Cisco Systems, Inc.
FIG 12 Recent strategies and developments: NXP Semiconductors N.V.
FIG 13 Swot analysis: NXP semiconductors N.V.
FIG 14 SWOT Analysis: Texas Instruments, Inc.
FIG 15 Recent Strategies and Developments: Intel Corporation
FIG 16 SWOT analysis: Intel corporation
FIG 17 Recent strategies and developments: Qualcomm, Inc.
FIG 18 SWOT Analysis: Qualcomm, Inc.
FIG 19 Swot analysis: Honeywell international, inc.