openPR Logo
Press release

Explore Bluetooth Low Energy Based Smart Lighting Market size, analysis, and forecast report by 2030

01-05-2021 01:14 PM CET | IT, New Media & Software

Press release from: Persistence Market Research

Explore Bluetooth Low Energy Based Smart Lighting Market size,

The ongoing transition from traditional lighting infrastructure to connected lighting and the continuous development of advanced technologies such as Internet of Things (IoT) technology in the field of lighting is playing a crucial role in the growth of Bluetooth Low Energy-based smart lighting market. In last few years, lighting solution providers has offered varied and intelligent lighting solutions to deliver advanced and better services to customers. Considering this scenario, government, real-estate players, and builders are innovating new ways of deploying advanced lighting solutions, owing to which, the demand for better lighting infrastructure is projected to increase during the forthcoming years. Moreover, the growing demand for smart lights that can be controlled by smartphones and can be accessible away from the home is creating the lucrative growth opportunities for Bluetooth Low Energy–based smart lighting market.
In last few years, there has been an immense rise in demand of Bluetooth Low Energy-based smart lighting that are compatible with smart home products and can be coordinated through personal assist solutions such as Amazon Alexa and Google Home. Furthermore, the growing trend in the smart lighting concept and increasing number of enterprises adopting smart lighting solutions is playing a crucial role in the growth of Bluetooth Low Energy-based smart lighting market.
To remain ‘ahead’ of your competitors, request for a sample here@ https://www.persistencemarketresearch.com/samples/31566
Impact of COVID-19 on Bluetooth Low Energy-based Smart Lighting Market
The outbreak of COVID-19 is directly impacting the demand and production of lighting companies. Also, with disruptions in supply chain, falling business confidence, and financial impact on firms, the demand for Bluetooth Low Energy-based smart lighting is expected to slow down in first half of 2020. Moreover, due to coronavirus pandemic, the business development efforts by manufacturing industries are hampered to great extent and therefore, due to this factor, the demand for Bluetooth Low Energy-based Smart Lighting is expected to decline in the next 1-2 years. Also, the year 2020 is expected to witness a drop in consumer spending worldwide, which is expected to impact the Bluetooth low energy-based smart lighting market. In a Pre-COVID-19 market scenario, the smart lighting market value was around USD 10 billion in 2019, and the market was projected to witness a growth rate of around 20% during 2019-2025. However, as COVID-19 crisis accelerates, the growth of smart lighting is expected drop to 14% during the 2020-2022. This drop in sales of smart lighting market is also expected to impact the growth of Bluetooth low-energy-based smart lighting market.
Bluetooth Low Energy-based Smart Lighting Market: Market Dynamics
The rapid technological advancements in lighting solutions and continuous development of smart lighting infrastructure is one of the key factors driving the growth of Bluetooth low-energy-based smart lighting market. Moreover, with the rising focusing on developing smart cities by changing the existing legacy infrastructure with the smart infrastructure and government spending on smart city management services such as road monitoring applications, environment, light sensing, and advanced energy saving are also among the key factors fueling the growth of Bluetooth low energy-based smart lighting market.
Apart from this, countries such as India and China are witnessing a drift towards rapid urbanization, and an increase in penetration towards the adoption of smart and intelligent technology solutions, especially in metro cities and retail sectors, therefore, due to these factors, the demand for Bluetooth low energy-based smart lighting is expected to increase in rapidly in coming years. Also, the adoption of smart and intelligent technology solutions has increased the demand for better and advanced lighting infrastructure which further is contributing in the growth of Bluetooth low energy-based smart lighting market.
To receive extensive list of important regions, ask for TOC here@ https://www.persistencemarketresearch.com/toc/31566

Contact us: 305 Broadway, 7th Floor
New York City, NY 10007 United States
Ph.no. +1-646-568-7751
E-mail id- sales@persistencemarketresearch.comWebsite: https://www.persistencemarketresearch.com

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Explore Bluetooth Low Energy Based Smart Lighting Market size, analysis, and forecast report by 2030 here

News-ID: 2220858 • Views:

More Releases from Persistence Market Research

Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview: The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period. Market Size and Growth: The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and
The Global Graphene Market's Striking Growth and Innovative Applications
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities. Get Access To
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analysis, Emerging Trends with Upcoming Developments
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview: The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033. The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation and Industry Size
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products. To obtain the latest market

All 5 Releases


More Releases for Bluetooth

Bluetooth Modules Market Report 2018: Segmentation by Type (Bluetooth Low Energy …
Global Bluetooth Modules market research report provides company profile for Texas Instruments, Fujitsu, Hosiden, STMicroelectronics, Laird, Taiyo Yuden, Murata, Qualcomm, Intel, Broadcom, Panasonic and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report
Bluetooth Beacon And Ibeacon Market
Understanding several aspects of the global Bluetooth beacon and iBeacon market, Persistence Market Research has presented a well-structured analysis on several trends, challenges, opportunities, restraints and drivers impacting the growth of the global market in its recent publication “Bluetooth Beacon and iBeacon Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)”. These aspects are studied across key regions of North America, Europe, Asia Pacific, Latin America and Middle East and
Digitek launches tubular Bluetooth speaker
New Delhi –Digitek, an Indian market leader in Photographic & amp; Smartphone Accessories today announced the launch of its brand new Bluetooth Speaker, DBS-011 that promises an incredible audio experience with impressive performance. Powered by a built-in 2000MAH rechargeable battery, the premium speaker delivers uninterrupted music playback for 5 hours. Boasting a stylish tube-shaped, smooth finish exterior, the speaker comes with hooks on both sides to attach the handle for
Global Bluetooth in Automotive Market
Bluetooth in Automotive Market: Introduction Bluetooth is a technology in which wireless exchange of data from two devices (mobile and fixed) takes place and is used for creating personal area networks (PAN). Bluetooth was invented by Ericsson in 1994. It can connect many devices at the same time, avoiding the synchronization issues. Bluetooth is managed by Bluetooth Special Interest Group (SIG), present in various fields namely telecommunication, computing & networking and
Bluetooth Key
Global and China Bluetooth Key Market 2016-2021 Market Research Report The report Bluetooth Key offers a detailed impact analysis of the key trends shaping the Industry. The Industry determinants, i.e. drivers, restraints, opportunities, and threats have been covered in the report. The research study delivers a detailed analysis of the consumer trends that are influencing the Industry. The impact analysis of the Industry drivers, restraints, and opportunities is presented in the
Speedy Bluetooth Smart Product Development
CSR µEnergy® SDK 1.4 enables to develop Bluetooth Low Energy Apps in just 10 minutes Planegg, July 11th, 2012 Atlantik Elektronik presents the CSR µEnergy SDK 1.4, the latest version of CSRs software toolkit for the speedy development of Bluetooth smart devices. This updated version of the CSR µEnergy SDK provides a complete development platform with all the latest Bluetooth v4.0 features. It enables developers to quickly create exciting new smart Bluetooth