Smart home revenue by segment in Latin America 2025

According to the forecast of the Digital Market Outlook, Smart Appliances will be the segment of the smart home market that generates by far the most revenue in 2025, at approximately 2.83 billion U.S. dollars. Ranked second was the segment "security" at some 1.2 billion U.S. dollars.
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Revenue of the smart home market in Latin America and the Caribbean in 2025, by segment (in million U.S. dollars)

Characteristic	Revenue in million U.S. dollars
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Supplementary notes

The Smart Home market constitutes the sale of networked devices and related services that enable home automation for private end users (B2C). Considered are devices that are connected directly or indirectly via a so-called gateway to the Internet. Their main purposes are the control, monitoring and regulation of functions in a private household. The remote control and monitoring of individual devices and, if applicable, their direct communication with one another (Internet of Things), is an essential component of intelligent home automation. Therefore, services which are necessary for the maintenance or control of the household network are also considered, e.g. subscription fees for control apps or external monitoring services. Devices whose primary function is not the automation or remote control of household equipment, e.g. smartphones and tablets, are not included here. Similarly, devices that relate to household connection and remote control only to a limited extent, such as smart TVs, are not included either.

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