Wireless Technology in Smart Lighting Market is expected to reach $3.1 Billion by 2028- An exclusive market research report by Lucintel

Lucintel’s latest market report analyzed that wireless technology in smart lighting provides attractive opportunities in the commercial, public, and residential applications. The wireless technology in smart lighting market is expected to reach $3.1 billion by 2028 with a CAGR of 12.9%. In this market, indoor is the largest segment by deployment, whereas commercial is largest by application.

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Based on deployment, the wireless technology in smart lighting market is segmented into indoor and outdoor. The indoor segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its widespread use in the confined places and growing requirement of lights that turns off automatically when an area or place is unoccupied, thus reducing electricity waste.

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The Wireless Technology in Smart Lighting Market is marked by the presence of several big and small players. Some of the prominent players offering wireless technology in smart lighting include Acuity Brands, ams-OSRAM AG, Cisco Systems, Deako, and Eaton Corporation.

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com 
Tel. 972.636.5056

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