Smart Lighting Market and Technology Trends - Energy Watch News


Smart Lighting Market and Technology Trends


Intelligent lighting technology that enables its users to control lighting through connected devices such as smart phones or remote controls is a big topic in the industry. A new report sheds light on different aspects of this business including drivers, restraints and opportunities. Jasmine Hinduja, Research Analyst at The Insight Partners, summarizes the major findings and how the trend to intelligent systems affects the companies regarding technology skills and strategies. The market for smart technologies is growing rapidly, and lighting is one of the major prospects in this market. The global smart lighting market had accounted for $ 9.10 Bn in the year 2014, and is expected to cross the milestone of $ 51.50 Bn by the year 2025, growing at the CAGR of 17.1%. https://www.led-professional.com/resources-1/articles/smart-lighting-market-and-technology-trends

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