Smart lighting is one of the largest developer opportunities today with over a hundred new products launched over the past year and an increasing number of venture funded innovations.
Smart lighting makes up half of the smart home products launched over the past year as well as 1 in 2 of the smart home crowd-funding projects we evaluated.
Sales of smart LED light bulbs tripled last year. While several white-only smart bulb products are now available for under $10 from many retail outlets, more advanced color-tunable products continue to make up the majority of sales.
ON World’s recently completed surveys with 3,000+ U.S. consumers found that 1 in 3 are likely to use smart home solutions within the next three years and over half of these likely adopters are planning to purchase smart wireless LED light bulbs in the next two years. Consumers are demanding interoperability and the ability to combine smart lighting with other smart home solutions such as thermostats, security systems and smoke alarms.
By 2020, nearly 390 million smart lighting devices will be installed in homes worldwide.
This report analyzes the rapidly growing market for residential smart lighting. Investigation for this report includes vendor surveys and phone interviews with 3,000 individuals across the whole smart lighting value chain along with an evaluation of 500 products, mobile apps and 35,000 consumer reviews.
It includes global 5-year forecasts for equipment and software/services with breakdowns by market channel, product segment, technology and geography. It also includes the key findings from three surveys on smart homes and lighting controls with 3,000+ US consumers as well as phone interviews with 50+ smart lighting manufacturers, developers, suppliers and distributors.
3,000+ individuals including consumers, facility managers, home service providers, retail outlets, professional installers, lighting manufacturers, control system providers and component suppliers.
Free Executive Summary:
Send us an email with
"smart home lighting"
in the subject.