With its recently published study on “Smart Commercial Lighting Market Trends & Forecasts to 2022”, Infoholic predicts intelligent LED lighting lamps will dominate the smart commercial lighting market in coming years. As per the study, Smart Commercial Lighting market will see a significant growth in the coming years due to the growing number of global smart cities and growing awareness regarding energy efficient lighting solutions. The ZigBee and Wi-Fi network technologies will continue to be preferred technologies in the smart commercial lighting market. “The smart commercial lighting market is a highly competitive market and it is estimated to reach $ 48.12 billion by 2022” according to Infoholic Research.
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“Globally, Retail and Healthcare will be the leading industry verticals which will be spending a lot in the smart commercial lighting market. Smart CFL and LED lighting lamps will slowly replace the global outdoor lighting such as street lighting and sports stadiums in coming years.” – said Tariq Shaik, Research Operations.
The report aims to highlight key insights from Vendors and End users. The report provides an in-depth analysis and forecast about the industry covering the following key features:
- Connectivity Technologies,Lighting Lamps, Network Components and Industry Applications.
- The market is divided into four regions: Americas, Europe, Asia-Pacific, and Middle East & Africa (MEA).
- Competitive bench marking analysis to optimize short term and long term strategy of the organisations.
- Stakeholder’s insights and key trends (current and future) of the market.
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“In coming years, smart commercial market is going to witness double digit growth in developing economies of Asia-Pacific, Middle East and Africa (MEA).Increase infrastructure spending and government push are few factors supporting the growth of market in these economies. “said- Komal Sharma, Research Analyst.
Ms. Sunanda Ganguli
Infoholic Research LLP