SMART LIGHTING MARKET ANALYSIS

Smart Lighting Market Size and Trends

The Global Smart Lighting Market is estimated to be valued at US$ 22.38 Bn in 2025 and is expected to reach US$ 71.76 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 18.1% from 2025 to 2032.

To learn more about this report, Request sample copy

Factors such as increasing adoption of LED lights, advancements in wireless communication technologies, and rising need for energy efficiency will contribute to the market's growth over the forecast period.

Advancements in wireless communication technologies

With each passing year, wireless communication technologies have become more advanced, offering higher bandwidth capabilities and lower power consumptions. This has enabled the proliferation of wireless connectivity in many new devices and led to novel applications. In the arena of smart lighting, wireless connectivity is playing a pivotal role by allowing lights, switches and other control points to connect and communicate without the need for wired infrastructure. Wireless standards like Wi-Fi, Bluetooth, Zigbee, and other proprietary protocols are offering lighting manufacturers convenient and cost-effective ways to make their products 'smart'.

Advancements in low-power wireless technologies have allowed switches and motion sensors to operate for years on small coin cell batteries. All these advancements are helping drive broader adoption of smart lighting as they address key barriers like installation complexity and reliability. Looking ahead, emerging wireless protocols focused on Internet of Things (IoT) like NB-IoT and LTE-M are poised to unlock more exciting smart lighting use cases relying on outdoor and large-area connectivity.