The global smart lighting market is projected to grow from 46 million installed systems in 2015 to 2.54 billion in 2020.
It would only take a quick browse of Kickstarter and Indiegogo, or a walk down an aisle at your nearest Home Depot to sense the bright future of smart lighting, driven by Internet of Things architectures. According to a new report from Gartner, the intelligent lighting installed base is expected to grow from 46 million units in 2015 to 2.54 billion units in 2020.
The research firm defines smart lighting as a “lighting system that is connected to a network and can be both monitored and controlled from a centralized system or via the cloud.” In 2014, anywhere from 300 to 500 million square feet of commercial space worldwide could be considered to have smart lighting. It would appear that quite a bit has changed over the last 12 months, as this space is expected to double by year’s end…
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