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Connected Bulb Market to grow at a CAGR of 50.32% to 2020

 



(EnergyIndustry.Net, March 19, 2018 ) 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.

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

Free| Request sample copy @ http://www.reportsweb.com/inquiry&RW0001239314/sample

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. Several industry giants have collaborated to provide wireless technology that offers seamless connectivity and operability among IoT-type devices. Technavio’s market research analyst has predicted that the connected bulb market will grow at a phenomenal CAGR of close to 51% during the forecast period.

Key vendors
- Belkin
- Cree
- GE
- LiFi Labs
- OSRAM SYLVANIA
- Philips

Have any query? Enquire about report @ http://www.reportsweb.com/inquiry&RW0001239314/buying

Market driver
- Rise in power prices

Market challenge
- High upfront and maintenance costs

Market trend
- Growing strategic partnerships among industry participants

Fundamentals of Table of Content:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles

Complete report is available @ http://www.reportsweb.com/global-connected-bulb-market-2016-2020

ReportsWeb.com

Rajat Sahni

+1-646-491-9876

sales@reportsweb.com

Source: EmailWire.Com

Renewable Energy News




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