Global Connected Bulb Market 2016-2020
About the Connected Bulb Market
LONDON, May 25, 2016 /PRNewswire/ -- Connected bulbs refer to smart bulbs that are embedded with wireless chips to communicate wirelessly with mobile computing devices such as smartphones and smart watches. A connected bulb comprises of the Internet of Things (IoT) interconnected through various networking technologies. The IoT is a network of physical or tangible devices such as smart appliances and smart TVs that can communicate among themselves and with the external environment when required using the internet.
Technavio's analysts forecast the global connected bulb market to grow at a CAGR of 50.32% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global connected bulb market during 2016-2020. To calculate the market size, the report considers the total unit shipments of smart LED connected bulbs worldwide in the residential segment. Connected bulbs for the residential segment include:
- LED smart bulbs
- LED smart bulbs with inbuilt speaker
- White LED smart lightbulbs
- Color LED smart lightbulbs
- Smart LED lighting starter sets
- Flood LED smart bulbs
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Technavio's report, Global Connected Bulb Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Belkin
- Cree
- GE
- LiFi Labs
- OSRAM SYLVANIA
- Philips
Market driver
- Rise in power prices
- For a full, detailed list, view our report
Market challenge
- High upfront and maintenance costs
- For a full, detailed list, view our report
Market trend
- Growing strategic partnerships among industry participants
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Download the full report: https://www.reportbuyer.com/product/3841120/
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