South America Smart Pest Monitoring Management System Market Size, Share, and Analysis by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

South America Smart Pest Monitoring Management System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Hardware and Software and Services) and End-User (Commercial, Residential, Agriculture, and Industrial)

Report Date : Oct 2021
Report Code : TIPRE00025331

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 66

Page Updated: Oct 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The smart pest monitoring management system market in SAM is expected to grow from US$ 36.59 million in 2021 to US$ 46.34 million by 2028; it is estimated to grow at a CAGR of 3.4% from 2021 to 2028.

Brazil and Argentina are major economies in SAM. Rising adoption of advanced technologies and applications is the major factor driving the growth of the SAM smart pest monitoring management system market. With the advent of advanced technologies such as artificial intelligence (AI), the acceptance of smart pest monitoring management systems is also rising, owing to their low service cost and ability to operate in real-time without interrupting the operation of the facility. Consequently, the demand for advanced pest control solutions is estimated to witness high growth in the coming years. The pest control service providers such as Rentokil, are robustly focusing on the integration of AI-based image-recognition technology to detect and handle different types of vermin and bugs. Also, the company's pest control specialists use a mobile app “PestID”—developed by Accenture—to detect bugs more efficiently. This app helps pest control specialists detect the surge in a type of rodent or bug and allows them to instantly take a picture of the pest. The image clicked via mobile app is then sent to Google Images, where machine learning software scans several pest images and pinpoint the intruder. As soon as the app detects the bug, it immediately offers a remedy to the technicians and helps them decide the treatment plans such as recommendations for homeowners and usage of proper chemicals. Subsequently, the implementation of AI for pest control has reduced the frequency of technician visits, thereby resulting in low service costs. Therefore, the mounting adoption of these digital applications and technology by pest control technicians is an ongoing trend, which is driving the adoption of smart pest monitoring management systems, which is further anticipated to drive the market in SAM.

In SAM, Brazil reported the highest number of COVID-19 confirmed cases, followed by Ecuador, Peru, Chile, and Argentina. The governments of various countries in SAM are taking several initiatives to protect people and to control COVID-19’s spread in the region through lockdowns, trade bans, and travel restrictions. These measures are expected to have a direct impact on the region’s economic growth as the region will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to major trading partners such as China, Europe, and North America. The sharp decline in the sales of various smart agriculture products and solutions in the region due to lockdown measures has substantially impacted the smart pest control solutions across the region.
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SAM Smart Pest Monitoring Management System Market Segmentation

SAM Smart Pest Monitoring Management System Market – By Component

Hardware
Software and Services

SAM Smart Pest Monitoring Management System Market – By End-User

Commercial
Residential
Agriculture
Industrial

SAM Smart Pest Monitoring Management System Market– By Country

Brazil
Argentina
Rest of SAM

SAM Smart Pest Monitoring Management System Market-Companies Mentioned

Bayer AG
Bell Labs
Corteva
EFOS d.o.o
Pelsis Group Ltd
PestWest USA
Rentokil Initial plc
VM Products

South America Smart Pest Monitoring Management System Report Scope

Report Attribute	Details
Market size in 2021	US$ 36.59 Million
Market Size by 2028	US$ 46.34 Million
Global CAGR (2021 - 2028)	3.4%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Component Hardware and Software and Services By End-User Commercial Residential Agriculture Industrial
Regions and Countries Covered	South and Central America Brazil Argentina Rest of South and Central America
Market leaders and key company profiles	Bayer AG Bell Labs Corteva EFOS d.o.o Pelsis Group Ltd PestWest USA Rentokil Initial plc VM Products

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the South America Smart Pest Monitoring Management System Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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