Lake Shore Gazette

Leading News Website

Smart Lighting Market Research Report [ 2025 ] – Latest Trends, Demand, Growth, Opportunities & Outlook With a CAGR of 29.6%

According to Persistence Market Research (PMR), a well-known name in market research, the Global Smart Lighting Market will be valued at over US$ 23,700 Million by 2025, witnessing a CAGR of 29.6% from 2022 to 2025. The emergence of smart cities and the benefits of smart lighting like energy efficiency, resource sustainability, and developments in digital technology are driving the growth of the market. Integration of AI technology and IoT in lighting systems is likely to fuel the growth of the market in the near future.

Request the sample copy of report @

The Impact of COVID-19 on the smart lighting market

The outbreak of novel COVID-19 and its variations wreaked havoc on the smart lighting market in 2020 and 2021. As a result, the smart lighting sector suffered significant financial losses. However, the market is likely to grow significantly due to new product launches by manufacturers in early 2022. Market players are focusing on growing their dealer networks in undeveloped regions to increase net sales and accelerate market growth.

Buy Full Report Now and Get Up to 20% Discount @

Asia-Pacific to record Significant Market Growth

The Asia-Pacific region has seen substantial expansion in the smart lighting market in the recent years, and it is projected to have the strongest growth throughout the forecast period. Development of smart infrastructure in the region, increasing use of smart lighting framework, and increasing government investments in public infrastructure are driving market growth in the region. Because the Indian housing business is one of the fastest expanding industries, India is likely to be a big contributor to market growth. The country’s Smart City Mission for 100 cities is boosting the demand for smart lighting. Smart City Initiatives are likely to fuel market growth throughout the forecast period.

Want More Insights?

PMR has presented a comprehensive report based on Smart Lighting Market as per Offering (Hardware, Software, and Services), Technology (Wired and Wireless) based on seven regions.

Request For Report Customization @

About us:

Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

Contact us:

Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales –

Leave a Reply

Your email address will not be published. Required fields are marked *