Press release
Top Factor Driving Smart Lamps Market Growth in 2025: Growing Smartphone Connectivity Drives Market Growth Due To Seamless Integration With IoT And Smart Home Ecosystems
Smart Lamps Market Growth
The smart lamps market is anticipated to flourish due to the increase in smartphone connectivity. This connectivity refers to the functionality of smartphones to establish communications with various devices or networks using specific technologies. This rise in smartphone connectivity is attributed to the requirements for smooth integration with diverse devices, advancements in technologies such as 5G, progression of IoT, and the demand for quicker data transfers, improved communication, and superior user experiences. Smart lamps significantly improve smartphone connectivity by collaborating with mobile applications for functionalities like remote control, customization of brightness and color, scheduling, and syncing with IoT platforms and voice assistants. This promotes effortless interaction within smart home systems, thereby increasing the demand for interconnected devices. For example, the State of Mobile Internet Connectivity report from 2024 by GSM Association, a not-for-profit mobile ecosystem organization based in the UK, stated that approximately 160 million individuals started using mobile internet in 2023, marking a similar progression as in 2022. This boosted the count of smartphone internet users to nearly 4.3 billion, which amounts to 53% of the worldwide population. In addition, between 2022 and 2023, the number of 4G and 5G users grew by 330 million, making up approximately 80% of mobile internet subscribers globally. Therefore, the increasing smartphone connectivity is steering the growth of the smart lamp market.
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What is the future CAGR of the smart lamps market, and how will it impact industry expansion?
The market size for smart lamps has seen a significant expansion in the last few years. The market is expected to rise from $4.63 billion in 2024 to $5.51 billion in 2025, indicating a compound annual growth rate (CAGR) of 19.1%. This growth during the past period is due to several reasons including increased demand for integrated lighting in commercial places, larger penetration in rural regions, more affordable smart lamps, their growing application in healthcare settings, and their utilization in educational facilities.
In the coming years, the smart lamps market is projected to witness a swift expansion, with its worth set to reach $10.94 billion in 2029, representing a compound annual growth rate (CAGR) of 18.7%. This expansion throughout the forecast period can be linked to the growing concentration on sustainability, preference for eco-friendly options, adoption of cloud-based lighting systems, the rise of modular smart lighting, and a surge in the industrial usage of smart lamps. The forecast period is also likely to see critical trends like the emergence of solar-powered smart lighting, innovations in portable smart lamps, the creation of 5G-compatible smart lights, partnerships between lighting and tech firms, and the integration with AR/VR technology.
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What are the most significant trends transforming the smart lamps market today?
Key players in the smart lamps market are concentrating their efforts on creating high-tech products like AI-driven desk lamps, to not only improve learning environments for students but also promote health through the use of advanced artificial intelligence. AI-powered desk lamps are revolutionary lighting solutions that use AI to enhance the users' experience by incorporating features like voice command, automated brightness modulation, and intelligent mobile app control. Take for instance, SenseTime, an AI software firm from China, who in January 2024 introduced the SenseRobot Smart Lamp. This particular lamp has AI-driven capabilities like posture alignment, focus augmentation, and eye safety, making use of full-spectrum natural light that surpasses the national AA certification norms. It also integrates distinct AI features like posture alerts and AI spotlight for adjusting the lighting conditions based on the movement of the book, assuring better concentration and health during study time. This product launch represents a significant stride in infusing AI tech into everyday home goods to aid children's education and wellness.
Which key market segments comprise the smart lamps market and drive its revenue growth?
The smart lamps market covered in this report is segmented -
1) By Type: Halogen, Compact Fluorescents, Linear Fluorescents, LEDs, Incandescent
2) By Connectivity: Wired, Wireless
3) By Application: Residential, Commercial, Industrial, Outdoor
Subsegments:
1) By Halogen: Dimmable Halogen Lamps, Non-Dimmable Halogen Lamps, Reflector Halogen Lamps
2) By Compact Fluorescents: Integrated CFLs, Non-Integrated CFLs, Spiral CFLs
3) By Linear Fluorescents: T5 Fluorescent Lamps, T8 Fluorescent Lamps, T12 Fluorescent Lamps
4) By LEDs: Smart LED Bulbs, Smart LED Strips, Color-Tunable LEDs
5) By Incandescent: Standard Incandescent Bulbs, Decorative Incandescent Bulbs, Reflector Incandescent Bulbs
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What regions are at the forefront of smart lamps market expansion?
North America was the largest region in the smart lamps market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart lamps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the smart lamps market?
Major companies operating in the smart lamps market are Samsung Electronics, General Electric, Cisco Systems Inc., Schneider Electric SE, Honeywell International Inc, Eaton Corporation plc, Signify N.V., Osram Licht AG, Acuity Brands Inc., Cooper Industries LLC, Havells India Ltd., Itron Inc., Wipro Consumer Lighting, Surya Roshni Ltd., Crompton Greaves Consumer Electricals, Lutron Electronics Company, Comarch, Cree Lighting USA LLC, Halonix Technologies Limited, Dialight, Wyze Labs Inc., Deco Lighting Inc.
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What Is Covered In The Smart Lamps Global Market Report?
•Market Size Forecast: Examine the smart lamps market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the smart lamps market for a structured understanding.
•Key Players Overview: Analyze major players in the smart lamps market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the smart lamps market.
•Segment Contributions: Evaluate how different segments drive overall growth in the smart lamps market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the smart lamps market.
•Industry Challenges: Identify potential risks and obstacles affecting the smart lamps market.
•Competitive Landscape: Review strategic developments in the smart lamps market, including expansions, agreements, and new product launches.
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