What is the current size and annual growth rate of the smart lamps market?
The smart lamps market size has grown rapidly in recent years. It will grow from $4.63 billion in 2024 to $5.51 billion in 2025 at a compound annual growth rate (CAGR) of 19.1%. The growth in the historic period can be attributed to rising demand for connected lighting in commercial spaces, growing penetration in rural areas, increasing affordability of smart lamps, increasing use in healthcare facilities, and adoption in educational institutes.
The smart lamps market size is expected to see rapid growth in the next few years. It will grow to $10.94 billion in 2029 at a compound annual growth rate (CAGR) of 18.7%. The growth in the forecast period can be attributed to a focus on sustainability, adoption of eco-friendly solutions, adoption of cloud-based lighting systems, the emergence of modular smart lighting, and increased use of smart lamps in industries. Major trends in the forecast period include the development of solar-powered smart lighting, advancements in portable smart lamps, the development of 5G-enabled smart lights, collaboration between lighting and tech companies, and integration with AR/VR technology.
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Which major factors have contributed to the expansion of the smart lamps market?
The growing smartphone connectivity is expected to propel the growth of the smart lamps market going forward. Smartphone connectivity refers to the ability of a smartphone to connect and communicate with other devices or networks through technologies. The growing smartphone connectivity is due to the demand for seamless integration with a wide range of devices, advancements in wireless technologies such as 5G, IoT expansion, and the need for faster data transfer, better communication, and enhanced user experiences. Smart lamps significantly enhance smartphone connectivity by integrating with mobile apps for remote control, brightness customization, color, scheduling, and compatibility with IoT platforms and voice assistants, fostering seamless interaction within smart home ecosystems and boosting demand for interconnected devices. For instance, in October 2024, according to the State of Mobile Internet Connectivity 2024 report published by the GSM Association, a UK-based non-profit mobile ecosystem organization, approximately 160 million people began using mobile internet in 2023, a growth similar to 2022, bringing smartphone internet users to nearly 4.3 billion, or 53% of the global population. Further, 4G and 5G users rose by 330 million between 2022 and 2023, representing almost 80% of mobile internet subscribers worldwide. Therefore, the growing smartphone connectivity drives the smart lamp market.
How is the smart lamps market segmented?
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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Who are the top competitors 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.
Which key trends are expected to influence the smart lamps market in the coming years?
Major companies operating in the smart lamps market are focusing on developing technologically advanced products such as artificial intelligence-powered desk lamps to enhance students’ learning environments and health through advanced AI technology. Artificial intelligence-powered desk lamps are innovative lighting solutions that utilize AI technology to improve user experience through features such as voice activation, automatic brightness adjustment, and smart control via mobile applications. For instance, in January 2024, SenseTime, a China-based AI software company, launched the SenseRobot Smart Lamp. This lamp features AI-powered functions such as posture correction, concentration enhancement, and eye protection, utilizing full-spectrum natural light that exceeds national AA certification standards. It also incorporates unique AI features such as posture reminders and AI spotlight to optimize lighting conditions based on book movement, ensuring improved focus and health during study sessions. This launch signifies a step forward in integrating AI technology into everyday household products to support children’s education and well-being.
Which regional trends are influencing the smart lamps market, and which area dominates the industry?
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.
What Does The Smart Lamps Market Report 2025 Offer?
The smart lamps market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A smart lamp is an advanced lighting device that integrates with modern technology to enhance functionality beyond traditional lamps. It typically connects to the internet or other devices via Wi-Fi, Bluetooth, or smart home ecosystems, offering features such as adjustable brightness, color temperature, and, in some cases, full-color customization.
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