Forecast Report on the Smart Lighting Market: 2025-2030

The smart lighting market is set to expand significantly from USD 18.568 billion in 2025 to USD 43.387 billion by 2030, reflecting a compound annual growth rate (CAGR) of 18.5%. This growth is propelled by advancements in IoT integration, LED technology, and the increasing adoption of smart home solutions. Key regions, particularly Asia Pacific, especially India, are emerging as vital players in this market, supported by urbanization and energy efficiency initiatives. The rise in smart city programs and greater consumer demand for automation are pivotal in driving this trend, making smart lighting essential for sustainable urban infrastructure development.

Forecast Report on the Smart Lighting Market: 2025-2030

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