Connected Bulb Market report contains a comprehensive market and manufacturers landscape in addition to a SWOT analysis of the key manufacturers. The total market is further divided by company, by country, and by application/type for the competitive analysis. Connected Bulb Market analysis was directed using an objective combination of primary and secondary data including inputs from key participants in the industry.
Connected bulbs are embedded with chips that can communicate with computing devices like smartphones and watches.A major factor that spurs the prospects for growth in this market is the advent of wireless networking technologies. What makes connected bulbs useful is that they have embedded IoT technology, which lets devices and appliances communicate with each other and also with the Internet.The Americas will be the largest market for connected bulbs during the forecast period and will account for a market share of more than 40% by 2020. Some of the factors that contribute to this regionâs high growth are high internet penetration and the presence of a well-developed IoT infrastructure. In this region, the utility companies are also focusing on adopting advanced metering, which in turn will compel end users to install more smart devices in their homes.Connected bulbs work very efficiently and are more durable than incandescent bulbs. These bulbs along with smart appliances offer end users numerous benefits like reduced energy costs, remote access, safety, and a better quality of living.The Connected Bulb market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period.
Experts identifies the following companies as the key players in the global Connected Bulb market: Cree, Osram Sylvania, Philips, General Electric, Belkin, LiFi Labs,.
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Connected Bulb Market also covers product scope, market overview, market opportunities, market risk, market driving force, sales, revenue, price, market share, region, sales channel, distributors, traders, dealer.
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Geographical Regions covered in Connected Bulb market report are North America, Europe, Asia-Pacific, South America, Middle East, Southeast Asia, and Africa. Further, divided into countries as United States, Canada Mexico, Germany, France, UK, Russia, Italy, China, Japan, Korea, India, Brazil, Argentina, Colombia, Saudi Arabia, UAE, Egypt, Nigeria, South Africa, and Others.
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The study objectives of Connected Bulb market report are:
- To analyse and study the global Connected Bulb market sales, value, status (2013-2018) and forecast (2019-2025).
- Focuses on the key Connected Bulb manufacturers, to study the sales, value, market share and development plans in future.
- To define, describe and forecast the Connected Bulb market by type, application and region.
- To analyse the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the Connected Bulb market growth.
- To analyse the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyse each submarket with respect to individual growth trend and their contribution to the Connected Bulb market
- To analyse competitive developments such as expansions, agreements, new product launches, and acquisitions in the Connected Bulb market
- To strategically profile the key players and comprehensively analyse their growth strategies.
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