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Smart Lighting Market worth $17.38 Billion by 2030, at a CAGR of 12.0%

04-16-2025 09:10 PM CET | Associations & Organizations

Press release from: ABNewswire

Smart Lighting Market

Smart Lighting Market

The global Smart Lighting Market is anticipated to grow from USD 9.86 billion in 2025 to USD 17.38 billion by 2030, expanding at a compound annual growth rate (CAGR) of 12.0% during the forecast period.
The report "Smart Lighting Market [https://www.marketsandmarkets.com/Market-Reports/smart-lighting-market-985.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=smartlightingmarket] by Lights and Luminaire, Lighting Controls, LED Drivers and Ballasts, Sensors, Switches, Gateways, Dimmers, Relay Units, DALI, Power over Ethernet (PoE), Power Line Communications (PLC) and Zigbee - Global Forecast to 2030" The global smart lighting market was estimated to be valued at USD 9.86 billion in 2025 and is projected to reach USD 17.38 billion by 2030; it is expected to register a CAGR of 12.0% during the forecast period. Rising smart city initiatives across the globe, advancements in AI and edge computing, establishment of standard and digital protocols by authorized bodies, growing demand for IoT-integrated smart lighting, rising adoption of LED lights and luminaires in outdoor applications, and increasing penetration of data analytics in smart lighting are the major factors driving the overall market growth.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=985 [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=985&utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=smartlightingmarket]

Browse 233 market data Tables and 66 Figures spread through 304 Pages and in-depth TOC on "Smart Lighting Market"

View detailed Table of Content here - [https://www.marketsandmarkets.com/Market-Reports/smart-lighting-market-985.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=smartlightingmarket]

Image: https://www.marketsandmarkets.com/Images/smart-lighting-market1.webp [https://www.marketsandmarkets.com/Market-Reports/smart-lighting-market-985.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=smartlightingmarket]

By End-use Application, the indoor application segment to account for the largest market share in 2030

One of the key driving factors for indoor applications in the smart lighting market is the increased emphasis on convenience, energy conservation, and ambiance control in corporate offices, retail stores, and homes. In residential applications, homeowners are drawn to the ease of voice control, automation, and customization offered by smart lighting in domestic environments. Moreover, in the commercial sector, intelligent lighting that responds to various activities and increases well-being and efficiency is becoming increasingly popular due to increased usage of time spent at offices and shopping complexes. Smart lighting solutions are being adopted by businesses at an increasing rate to minimize energy costs, meet sustainability goals, and create aesthetically pleasing, properly lit environments for employees and consumers.

By Offering, the services segment is expected to exhibit the highest CAGR between 2025 and 2030

The services segment is estimated to expand with the fastest CAGR in the [https://www.marketsandmarkets.com/PressReleases/smart-lighting.asp?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=smartlightingmarket] owing to the growing demand for smooth integration, customization, and maintenance of intelligent lighting. As consumers shift from traditional lighting to smart lighting, the need for specialized support to install, optimize, and manage such systems to ensure top performance and energy efficiency increases. Moreover, with the fast-paced growth of IoT and cloud-based lighting control, software updates, remote monitoring, and predictive maintenance services have seen an increased demand. Enterprises are also increasingly adopting lighting-as-a-service (LaaS) models, which minimize initial costs and provide continuous support and upgrades.

Americas to hold the second-largest share in the market from 2025 to 2030

With the extensive adoption of smart lighting in smart homes, commercial buildings, and industrial buildings, the Americas are expected to hold the second-largest market share of smart lighting. Support from government policies, the well-established infrastructure, and the high awareness level among consumers drive the market growth. Demand is fueled in North America, especially in the US and Canada, by strict energy regulations, LED upgrade rebates, and growth in smart city installations. For occupant comfort and energy efficiency, the commercial sector, including office buildings, retail stores, and healthcare facilities, is rapidly adopting smart lighting solutions. Further, residential adoption has been supported by growth in IoT ecosystems and interoperability with voice-controlled devices such as Google Assistant and Amazon Alexa.

Key Players-

The key players offering [https://www.marketsandmarkets.com/ResearchInsight/smart-lighting-market.asp?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=smartlightingmarket] include Signify Holding (Netherlands), Acuity Brands, Inc. (US), Legrand (France), ams-OSRAM AG (Austria), Panasonic Holdings Corporation (Japan), Zumtobel Group (Austria), and LEDVANCE GmbH (Germany) among others.

About MarketsandMarkets Trademark

MarketsandMarkets Trademark has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets Trademark is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore Trademark , which integrates research and provides ecosystem-wide visibility into revenue shifts.

In addition, MarketsandMarkets SalesIQ [https://www.marketsandmarkets.com/salesIQ/salesIQ.asp?utm_source=prnewswire.com&utm_medium=paidpr&utm_campaign=salesiq] enables sales teams to identify high-priority accounts and uncover hidden opportunities, helping them build more pipeline and win more deals with precision.

To find out more, visit www.MarketsandMarkets Trademark .com [https://www.marketsandmarkets.com/]or follow us on Twitter [https://twitter.com/marketsmarkets], LinkedIn [https://www.linkedin.com/company/marketsandmarkets/about/]and Facebook [https://www.facebook.com/MarketsandMarkets].

Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=smart-lighting-market-worth-1738-billion-by-2030-at-a-cagr-of-120]
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Delray Beach
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/smart-lighting-market-985.html

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