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LAMEA Smart Home Security Market Size, Share & Trends Analysis Report By Application (Condominiums/Apartments, and Independent Homes), By Connectivity, By Component, By Device Type, By Country and Growth Forecast, 2025 - 2032

Published Date : 28-Apr-2025

Pages: 145

Report Format: PDF + Excel

The Latin America, Middle East and Africa Smart Home Security Market would witness market growth of 16.8% CAGR during the forecast period (2025-2032).

The Brazil market dominated the LAMEA Smart Home Security Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $3,170.4 million by 2032. The Argentina market is registering a CAGR of 17.5% during (2025 - 2032). Additionally, The UAE market would showcase a CAGR of 15.9% during (2025 - 2032).

LAMEA Smart Home Security Market

Governments in several countries are promoting smart home and smart city initiatives, offering subsidies or incentives for home automation and energy efficiency, often including security systems. The cost of sensors, cameras, and smart devices has dropped significantly. DIY kits and wireless installations have made smart home security accessible even to non-technical users.

Additionally, the market is evolving, with several noteworthy trends shaping the industry's future. Artificial intelligence is driving significant improvements in smart security systems. AI enables facial recognition, behavioural analytics, object detection, and predictive threat analysis, making systems more intelligent and proactive.

The market is expanding rapidly, driven by advancements in digital infrastructure, economic performance, and government-backed innovation strategies. As nations invest in technology and improve internet accessibility, consumer demand for connected home devices—especially those focused on safety and surveillance—is rising. Unique socio-economic and technological advancements are instrumental in expediting the adoption of smart home security solutions in regions such as Nigeria, the UAE, and Saudi Arabia.

Free Valuable Insights: The Worldwide Smart Home Security Market is Projected to reach USD 113.69 Billion by 2032, at a CAGR of 14.9%

Based on Application, the market is segmented into Condominiums/Apartments, and Independent Homes. Based on Connectivity, the market is segmented into Wireless, Wired, and Hybrid. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Device Type, the market is segmented into Smart Camera & Monitoring System, Smart Locks, Smart Sensors & Detectors, Smart Alarms, and Other Device Type. 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

  • Nice S.p.A.
  • Honeywell International, Inc.
  • Johnson Controls International PLC
  • com, Inc.
  • Robert Bosch GmbH
  • Hangzhou Hikvision Digital Technology Co., Ltd.
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • Schneider Electric SE
  • Google LLC (Alphabet Inc.)
  • Axis Communications AB (Canon, Inc.)

LAMEA Smart Home Security Market Report Segmentation

By Application

  • Condominiums/Apartments
  • Independent Homes

By Connectivity

  • Wireless
  • Wired
  • Hybrid

By Component

  • Hardware
  • Software
  • Services

By Device Type

  • Smart Camera & Monitoring System
  • Smart Locks
  • Smart Sensors & Detectors
  • Smart Alarms
  • Other Device Type

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
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 Security Market, by Application
1.4.2 LAMEA Smart Home Security Market, by Connectivity
1.4.3 LAMEA Smart Home Security Market, by Component
1.4.4 LAMEA Smart Home Security Market, by Device Type
1.4.5 LAMEA Smart Home 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
3.2.3 Market Opportunities
3.2.4 Market Challenges

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 Market Share Analysis, 2024
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2023, Feb – 2025, Feb) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. LAMEA Smart Home Security Market by Application
5.1 LAMEA Condominiums/Apartments Market by Country
5.2 LAMEA Independent Homes Market by Country

Chapter 6. LAMEA Smart Home Security Market by Connectivity
6.1 LAMEA Wireless Market by Country
6.2 LAMEA Wired Market by Country
6.3 LAMEA Hybrid Market by Country

Chapter 7. LAMEA Smart Home Security Market by Component
7.1 LAMEA Hardware Market by Country
7.2 LAMEA Software Market by Country
7.3 LAMEA Services Market by Country

Chapter 8. LAMEA Smart Home Security Market by Device Type
8.1 LAMEA Smart Camera & Monitoring System Market by Country
8.2 LAMEA Smart Locks Market by Country
8.3 LAMEA Smart Sensors & Detectors Market by Country
8.4 LAMEA Smart Alarms Market by Country
8.5 LAMEA Other Device Type Market by Country

Chapter 9. LAMEA Smart Home Security Market by Country
9.1 Brazil Smart Home Security Market
9.1.1 Brazil Smart Home Security Market by Application
9.1.2 Brazil Smart Home Security Market by Connectivity
9.1.3 Brazil Smart Home Security Market by Component
9.1.4 Brazil Smart Home Security Market by Device Type
9.2 Argentina Smart Home Security Market
9.2.1 Argentina Smart Home Security Market by Application
9.2.2 Argentina Smart Home Security Market by Connectivity
9.2.3 Argentina Smart Home Security Market by Component
9.2.4 Argentina Smart Home Security Market by Device Type
9.3 UAE Smart Home Security Market
9.3.1 UAE Smart Home Security Market by Application
9.3.2 UAE Smart Home Security Market by Connectivity
9.3.3 UAE Smart Home Security Market by Component
9.3.4 UAE Smart Home Security Market by Device Type
9.4 Saudi Arabia Smart Home Security Market
9.4.1 Saudi Arabia Smart Home Security Market by Application
9.4.2 Saudi Arabia Smart Home Security Market by Connectivity
9.4.3 Saudi Arabia Smart Home Security Market by Component
9.4.4 Saudi Arabia Smart Home Security Market by Device Type
9.5 South Africa Smart Home Security Market
9.5.1 South Africa Smart Home Security Market by Application
9.5.2 South Africa Smart Home Security Market by Connectivity
9.5.3 South Africa Smart Home Security Market by Component
9.5.4 South Africa Smart Home Security Market by Device Type
9.6 Nigeria Smart Home Security Market
9.6.1 Nigeria Smart Home Security Market by Application
9.6.2 Nigeria Smart Home Security Market by Connectivity
9.6.3 Nigeria Smart Home Security Market by Component
9.6.4 Nigeria Smart Home Security Market by Device Type
9.7 Rest of LAMEA Smart Home Security Market
9.7.1 Rest of LAMEA Smart Home Security Market by Application
9.7.2 Rest of LAMEA Smart Home Security Market by Connectivity
9.7.3 Rest of LAMEA Smart Home Security Market by Component
9.7.4 Rest of LAMEA Smart Home Security Market by Device Type

Chapter 10. Company Profiles
10.1 Nice S.p.A.
10.1.1 Company Overview
10.1.2 Recent strategies and developments:
10.1.2.1 Product Launches and Product Expansions:
10.1.2.2 Acquisition and Mergers:
10.2 Honeywell International, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 SWOT Analysis
10.3 Johnson Controls International PLC
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental & Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Product Launches and Product Expansions:
10.3.6 SWOT Analysis
10.4 Amazon.com, Inc.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental Analysis
10.4.4 Recent strategies and developments:
10.4.4.1 Product Launches and Product Expansions:
10.4.5 SWOT Analysis
10.5 Robert Bosch GmbH
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 SWOT Analysis
10.6 Hangzhou Hikvision Digital Technology Co., Ltd.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Product Launches and Product Expansions:
10.6.6 SWOT Analysis
10.7 Samsung Electronics Co., Ltd. (Samsung Group)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.6 SWOT Analysis
10.8 Schneider Electric SE
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expense
10.8.5 SWOT Analysis
10.9 Google LLC (Alphabet Inc.)
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 Recent strategies and developments:
10.9.5.1 Partnerships, Collaborations, and Agreements:
10.9.6 SWOT Analysis
10.10. Axis Communications AB (Canon, Inc.)
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 SWOT Analysis
TABLE 1 LAMEA Smart Home Security Market, 2021 - 2024, USD Million
TABLE 2 LAMEA Smart Home Security Market, 2025 - 2032, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Home Security Market
TABLE 4 Product Launches And Product Expansions– Smart Home Security Market
TABLE 5 Acquisition and Mergers– Smart Home Security Market
TABLE 6 LAMEA Smart Home Security Market by Application, 2021 - 2024, USD Million
TABLE 7 LAMEA Smart Home Security Market by Application, 2025 - 2032, USD Million
TABLE 8 LAMEA Condominiums/Apartments Market by Country, 2021 - 2024, USD Million
TABLE 9 LAMEA Condominiums/Apartments Market by Country, 2025 - 2032, USD Million
TABLE 10 LAMEA Independent Homes Market by Country, 2021 - 2024, USD Million
TABLE 11 LAMEA Independent Homes Market by Country, 2025 - 2032, USD Million
TABLE 12 LAMEA Smart Home Security Market by Connectivity, 2021 - 2024, USD Million
TABLE 13 LAMEA Smart Home Security Market by Connectivity, 2025 - 2032, USD Million
TABLE 14 LAMEA Wireless Market by Country, 2021 - 2024, USD Million
TABLE 15 LAMEA Wireless Market by Country, 2025 - 2032, USD Million
TABLE 16 LAMEA Wired Market by Country, 2021 - 2024, USD Million
TABLE 17 LAMEA Wired Market by Country, 2025 - 2032, USD Million
TABLE 18 LAMEA Hybrid Market by Country, 2021 - 2024, USD Million
TABLE 19 LAMEA Hybrid Market by Country, 2025 - 2032, USD Million
TABLE 20 LAMEA Smart Home Security Market by Component, 2021 - 2024, USD Million
TABLE 21 LAMEA Smart Home Security Market by Component, 2025 - 2032, USD Million
TABLE 22 LAMEA Hardware Market by Country, 2021 - 2024, USD Million
TABLE 23 LAMEA Hardware Market by Country, 2025 - 2032, USD Million
TABLE 24 LAMEA Software Market by Country, 2021 - 2024, USD Million
TABLE 25 LAMEA Software Market by Country, 2025 - 2032, USD Million
TABLE 26 LAMEA Services Market by Country, 2021 - 2024, USD Million
TABLE 27 LAMEA Services Market by Country, 2025 - 2032, USD Million
TABLE 28 LAMEA Smart Home Security Market by Device Type, 2021 - 2024, USD Million
TABLE 29 LAMEA Smart Home Security Market by Device Type, 2025 - 2032, USD Million
TABLE 30 LAMEA Smart Camera & Monitoring System Market by Country, 2021 - 2024, USD Million
TABLE 31 LAMEA Smart Camera & Monitoring System Market by Country, 2025 - 2032, USD Million
TABLE 32 LAMEA Smart Locks Market by Country, 2021 - 2024, USD Million
TABLE 33 LAMEA Smart Locks Market by Country, 2025 - 2032, USD Million
TABLE 34 LAMEA Smart Sensors & Detectors Market by Country, 2021 - 2024, USD Million
TABLE 35 LAMEA Smart Sensors & Detectors Market by Country, 2025 - 2032, USD Million
TABLE 36 LAMEA Smart Alarms Market by Country, 2021 - 2024, USD Million
TABLE 37 LAMEA Smart Alarms Market by Country, 2025 - 2032, USD Million
TABLE 38 LAMEA Other Device Type Market by Country, 2021 - 2024, USD Million
TABLE 39 LAMEA Other Device Type Market by Country, 2025 - 2032, USD Million
TABLE 40 LAMEA Smart Home Security Market by Country, 2021 - 2024, USD Million
TABLE 41 LAMEA Smart Home Security Market by Country, 2025 - 2032, USD Million
TABLE 42 Brazil Smart Home Security Market, 2021 - 2024, USD Million
TABLE 43 Brazil Smart Home Security Market, 2025 - 2032, USD Million
TABLE 44 Brazil Smart Home Security Market by Application, 2021 - 2024, USD Million
TABLE 45 Brazil Smart Home Security Market by Application, 2025 - 2032, USD Million
TABLE 46 Brazil Smart Home Security Market by Connectivity, 2021 - 2024, USD Million
TABLE 47 Brazil Smart Home Security Market by Connectivity, 2025 - 2032, USD Million
TABLE 48 Brazil Smart Home Security Market by Component, 2021 - 2024, USD Million
TABLE 49 Brazil Smart Home Security Market by Component, 2025 - 2032, USD Million
TABLE 50 Brazil Smart Home Security Market by Device Type, 2021 - 2024, USD Million
TABLE 51 Brazil Smart Home Security Market by Device Type, 2025 - 2032, USD Million
TABLE 52 Argentina Smart Home Security Market, 2021 - 2024, USD Million
TABLE 53 Argentina Smart Home Security Market, 2025 - 2032, USD Million
TABLE 54 Argentina Smart Home Security Market by Application, 2021 - 2024, USD Million
TABLE 55 Argentina Smart Home Security Market by Application, 2025 - 2032, USD Million
TABLE 56 Argentina Smart Home Security Market by Connectivity, 2021 - 2024, USD Million
TABLE 57 Argentina Smart Home Security Market by Connectivity, 2025 - 2032, USD Million
TABLE 58 Argentina Smart Home Security Market by Component, 2021 - 2024, USD Million
TABLE 59 Argentina Smart Home Security Market by Component, 2025 - 2032, USD Million
TABLE 60 Argentina Smart Home Security Market by Device Type, 2021 - 2024, USD Million
TABLE 61 Argentina Smart Home Security Market by Device Type, 2025 - 2032, USD Million
TABLE 62 UAE Smart Home Security Market, 2021 - 2024, USD Million
TABLE 63 UAE Smart Home Security Market, 2025 - 2032, USD Million
TABLE 64 UAE Smart Home Security Market by Application, 2021 - 2024, USD Million
TABLE 65 UAE Smart Home Security Market by Application, 2025 - 2032, USD Million
TABLE 66 UAE Smart Home Security Market by Connectivity, 2021 - 2024, USD Million
TABLE 67 UAE Smart Home Security Market by Connectivity, 2025 - 2032, USD Million
TABLE 68 UAE Smart Home Security Market by Component, 2021 - 2024, USD Million
TABLE 69 UAE Smart Home Security Market by Component, 2025 - 2032, USD Million
TABLE 70 UAE Smart Home Security Market by Device Type, 2021 - 2024, USD Million
TABLE 71 UAE Smart Home Security Market by Device Type, 2025 - 2032, USD Million
TABLE 72 Saudi Arabia Smart Home Security Market, 2021 - 2024, USD Million
TABLE 73 Saudi Arabia Smart Home Security Market, 2025 - 2032, USD Million
TABLE 74 Saudi Arabia Smart Home Security Market by Application, 2021 - 2024, USD Million
TABLE 75 Saudi Arabia Smart Home Security Market by Application, 2025 - 2032, USD Million
TABLE 76 Saudi Arabia Smart Home Security Market by Connectivity, 2021 - 2024, USD Million
TABLE 77 Saudi Arabia Smart Home Security Market by Connectivity, 2025 - 2032, USD Million
TABLE 78 Saudi Arabia Smart Home Security Market by Component, 2021 - 2024, USD Million
TABLE 79 Saudi Arabia Smart Home Security Market by Component, 2025 - 2032, USD Million
TABLE 80 Saudi Arabia Smart Home Security Market by Device Type, 2021 - 2024, USD Million
TABLE 81 Saudi Arabia Smart Home Security Market by Device Type, 2025 - 2032, USD Million
TABLE 82 South Africa Smart Home Security Market, 2021 - 2024, USD Million
TABLE 83 South Africa Smart Home Security Market, 2025 - 2032, USD Million
TABLE 84 South Africa Smart Home Security Market by Application, 2021 - 2024, USD Million
TABLE 85 South Africa Smart Home Security Market by Application, 2025 - 2032, USD Million
TABLE 86 South Africa Smart Home Security Market by Connectivity, 2021 - 2024, USD Million
TABLE 87 South Africa Smart Home Security Market by Connectivity, 2025 - 2032, USD Million
TABLE 88 South Africa Smart Home Security Market by Component, 2021 - 2024, USD Million
TABLE 89 South Africa Smart Home Security Market by Component, 2025 - 2032, USD Million
TABLE 90 South Africa Smart Home Security Market by Device Type, 2021 - 2024, USD Million
TABLE 91 South Africa Smart Home Security Market by Device Type, 2025 - 2032, USD Million
TABLE 92 Nigeria Smart Home Security Market, 2021 - 2024, USD Million
TABLE 93 Nigeria Smart Home Security Market, 2025 - 2032, USD Million
TABLE 94 Nigeria Smart Home Security Market by Application, 2021 - 2024, USD Million
TABLE 95 Nigeria Smart Home Security Market by Application, 2025 - 2032, USD Million
TABLE 96 Nigeria Smart Home Security Market by Connectivity, 2021 - 2024, USD Million
TABLE 97 Nigeria Smart Home Security Market by Connectivity, 2025 - 2032, USD Million
TABLE 98 Nigeria Smart Home Security Market by Component, 2021 - 2024, USD Million
TABLE 99 Nigeria Smart Home Security Market by Component, 2025 - 2032, USD Million
TABLE 100 Nigeria Smart Home Security Market by Device Type, 2021 - 2024, USD Million
TABLE 101 Nigeria Smart Home Security Market by Device Type, 2025 - 2032, USD Million
TABLE 102 Rest of LAMEA Smart Home Security Market, 2021 - 2024, USD Million
TABLE 103 Rest of LAMEA Smart Home Security Market, 2025 - 2032, USD Million
TABLE 104 Rest of LAMEA Smart Home Security Market by Application, 2021 - 2024, USD Million
TABLE 105 Rest of LAMEA Smart Home Security Market by Application, 2025 - 2032, USD Million
TABLE 106 Rest of LAMEA Smart Home Security Market by Connectivity, 2021 - 2024, USD Million
TABLE 107 Rest of LAMEA Smart Home Security Market by Connectivity, 2025 - 2032, USD Million
TABLE 108 Rest of LAMEA Smart Home Security Market by Component, 2021 - 2024, USD Million
TABLE 109 Rest of LAMEA Smart Home Security Market by Component, 2025 - 2032, USD Million
TABLE 110 Rest of LAMEA Smart Home Security Market by Device Type, 2021 - 2024, USD Million
TABLE 111 Rest of LAMEA Smart Home Security Market by Device Type, 2025 - 2032, USD Million
TABLE 112 Key Information – Nice s.p.a
TABLE 113 Key Information – Honeywell International, Inc.
TABLE 114 Key Information – Johnson Controls International PLC
TABLE 115 Key Information – Amazon.com, Inc.
TABLE 116 Key Information – Robert Bosch GmbH
TABLE 117 Key Information – Hangzhou Hikvision Digital Technology Co., Ltd.
TABLE 118 Key Information – Samsung Electronics Co., Ltd.
TABLE 119 Key Information – Schneider Electric SE
TABLE 120 Key Information – Google LLC
TABLE 121 Key Information – Axis Communications AB

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Smart Home Security Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting Smart Home Security Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2024
FIG 6 Key Leading Strategies: Percentage Distribution (2021-2025)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions: 2023, feb – 2025, feb) Leading Players
FIG 8 Porter’s Five Forces Analysis – Smart Home Security Market
FIG 9 LAMEA Smart Home Security Market share by Application, 2024
FIG 10 LAMEA Smart Home Security Market share by Application, 2032
FIG 11 LAMEA Smart Home Security Market by Application, 2021 - 2032, USD Million
FIG 12 LAMEA Smart Home Security Market share by Connectivity, 2024
FIG 13 LAMEA Smart Home Security Market share by Connectivity, 2032
FIG 14 LAMEA Smart Home Security Market by Connectivity, 2021 - 2032, USD Million
FIG 15 LAMEA Smart Home Security Market share by Component, 2024
FIG 16 LAMEA Smart Home Security Market share by Component, 2032
FIG 17 LAMEA Smart Home Security Market by Component, 2021 - 2032, USD Million
FIG 18 LAMEA Smart Home Security Market share by Device Type, 2024
FIG 19 LAMEA Smart Home Security Market share by Device Type, 2032
FIG 20 LAMEA Smart Home Security Market by Device Type, 2021 - 2032, USD Million
FIG 21 LAMEA Smart Home Security Market share by Country, 2024
FIG 22 LAMEA Smart Home Security Market share by Country, 2032
FIG 23 LAMEA Smart Home Security Market by Country, 2021 - 2032, USD Million
FIG 24 Recent strategies and developments: Nice S.p.A.
FIG 25 SWOT Analysis: Honeywell international, inc.
FIG 26 SWOT Analysis: Johnson Controls International PLC
FIG 27 SWOT Analysis: Amazon.com, Inc.
FIG 28 SWOT Analysis: Robert Bosch GmbH
FIG 29 SWOT Analysis: Hangzhou Hikvision Digital Technology Co., Ltd.
FIG 30 SWOT Analysis: Samsung Electronics Co., Ltd.
FIG 31 SWOT Analysis: Schneider Electric SE
FIG 32 SWOT Analysis: Google LLC
FIG 33 SWOT Analysis: Axis Communications AB

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