Connected Bulb Market

“Global Connected Bulb Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global connected bulb market. Connected bulbs are internet-capable lighting sources that are embedded with chips. They are operable via computing devices, such as smartphones, smartwatches and digital assistants. They are generally integrated with the Internet of Things (IoT) that facilitates communication when connected to the same space via an internet connection.

The global market is majorly driven by considerable improvements in network connectivity. With the easy availability of affordable high-speed internet connection and continual developments in the 5G infrastructure across the globe, here has been a significant rise in the uptake of connected devices, including connected bulbs. Moreover, the rising awareness regarding the importance of energy-efficient lighting solutions and the rapid expansion of smart cities are providing a boost to the market growth further.

Beginning with a global overview, the report explores the dynamics that have a strong influence on the connected bulb market and can also impact its future growth. Taking 2021 as the base year, the report covers the historical market scenario from 2016-2021 and provides forecasts till 2027. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the connected bulb market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the connected bulb market in detail for the latest trends, outlook and opportunities.

The report analyses the competitive structure of the connected bulb industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the connected bulb industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the connected bulb industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the connected bulb industry. Furthermore, the value chain analysis of the connected bulb industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

Key Segments and Highlights of the Global Connected Bulb Market 

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis
• Market Breakup by Type
• Market Breakup by End-Use
• Market Breakup by Region
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

• Key players         

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the connected bulb Industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.