The Smart Lighting Market is set to experience substantial growth over the next few years, as reported by Meticulous Research®. This market is projected to reach $39.91 billion by 2029, growing at a compound annual growth rate (CAGR) of 12.2% from 2022 to 2029. Key factors fueling this growth include the rising demand for Internet of Things (IoT)-enabled lighting, the increasing need for energy-efficient lighting systems, and the expanding adoption of smart homes.
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