Brazil Smart Home Automation Market Size & Outlook
Brazil smart home automation market, 2018-2030 (US$M)
Related Markets
Brazil smart home automation market highlights
- The Brazil smart home automation market generated a revenue of USD 1,305.8 million in 2022 and is expected to reach USD 9,526.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 28.2% from 2023 to 2030.
- In terms of segment, other devices was the largest revenue generating product in 2022.
- Home Healthcare is the most lucrative product segment registering the fastest growth during the forecast period.
Smart home automation market data book summary
| Market revenue in 2022 | USD 1,305.8 million |
| Market revenue in 2030 | USD 9,526.9 million |
| Growth rate | 28.2% (CAGR from 2022 to 2030) |
| Largest segment | Other devices |
| Fastest growing segment | Home Healthcare |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Security & Access Controls, Lighting Control, Entertainment Devices, HVAC, Smart Kitchen Appliances, Home Appliances, Smart Furniture, Home Healthcare, Smart Speakers, Other Devices |
| Key market players worldwide | ABB Ltd, Crestron Electronics, Honeywell International Inc, Ingersoll Rand Inc, Johnson Controls International PLC, Legrand SA, Leviton Manufacturing, Lutron Electronics, Schneider Electric SE, Siemens AG, Snap One Holdings Corp |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.6% of the global smart home automation market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico smart home automation market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 20,619.9 million by 2030.
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Smart Home Automation Market Scope
Smart Home Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil smart home automation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart home automation market will help companies and investors design strategic landscapes.
Other devices was the largest segment with a revenue share of 32.3% in 2022. Horizon Databook has segmented the Brazil smart home automation market based on security & access controls, lighting control, entertainment devices, hvac, smart kitchen appliances, home appliances, smart furniture, home healthcare, smart speakers, other devices covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is a significant region in the smart home automation market with the highest market share. The rising trend of automation and convenience for daily home tasks in the form of voice controlled and sensor activated automation is anticipated to grow the regional market further. Moreover, the trend of home automation in retrofit homes due to the large presence of existing homes in the region is anticipated to drive the market growth.
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Target buyers of Brazil smart home automation market databook
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Our clientele includes a mix of smart home automation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil smart home automation market , including forecasts for subscribers. This country databook contains high-level insights into Brazil smart home automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil smart home automation market size, by product, 2018-2030 (US$M)
Brazil Smart Home Automation Market Outlook Share, 2022 & 2030 (US$M)
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