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Smart lighting market to reach 2.54 billion units by 2020

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imagesA recent study done by IT research and advisory firm, Gartner, showed that Internet of Things (IoT) architectures are rapidly driving smart lighting technology. The company forecasts that the smart lighting installed base will grow from 46 million units in 2015 to 2.54 billion units in 2020.

According to Gartner, smart lighting is expanding globally and this can be monitored or controlled from a centralised system or via the cloud.


Dean Freeman, vice president, research, Gartner, said, “Smart solid-state lighting in office buildings and industrial installations has the potential to reduce energy costs by 90 per cent; however, achieving these costs takes more than just installing LED lighting. To successfully achieve the lowest electricity cost, in addition to achieving safety and security while enhancing the office environment, lighting product managers at technology and service providers will need to implement five key strategic phases of smart lighting–LED lighting, sensors and controls, connectivity, analytics and intelligence.”

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As the company has suggested, the five key strategic phases will help in ensuring the highest level of success in reducing lighting costs and accelerating the adoption of smart lighting solutions. Also, smart lighting providers and manufacturers will be able to leverage the impact of sensor data and analytics on the IoT.

The growth of smart lighting varies across regional locations. The execution of smart lighting systems is mostly directed by government regulations around energy savings and bulb recycling laws. In North America and Europe, new lighting installations are driving smart lighting with the remote and efficient management of fixtures and bulbs.

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