MarketResearchReports.biz has recently announced the addition of a market study “Global Connected Bulb Market 2016-2020”, is a comparative analysis of the global market.

Albany, NY -- (SBWire) -- 05/24/2016 --About the Connected Bulb Market

Connected bulbs refer to smart bulbs that are embedded with wireless chips to communicate wirelessly with mobile computing devices such as smartphones and smart watches. A connected bulb comprises of the Internet of Things (IoT) interconnected through various networking technologies. The IoT is a network of physical or tangible devices such as smart appliances and smart TVs that can communicate among themselves and with the external environment when required using the internet.

Technavios analysts forecast the global connected bulb market to grow at a CAGR of 50.32% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global connected bulb market during 2016-2020. To calculate the market size, the report considers the total unit shipments of smart LED connected bulbs worldwide in the residential segment. Connected bulbs for the residential segment include:
LED smart bulbs
LED smart bulbs with inbuilt speaker
White LED smart lightbulbs
Color LED smart lightbulbs
Smart LED lighting starter sets
Flood LED smart bulbs

The market is divided into the following segments based on geography:

Americas
APAC
EMEA

Technavio's report, Global Connected Bulb Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Belkin
Cree
GE
LiFi Labs
OSRAM SYLVANIA
Philips

Market driver
Rise in power prices
For a full, detailed list, view our report

Market challenge
High upfront and maintenance costs
For a full, detailed list, view our report

Market trend
Growing strategic partnerships among industry participants
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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