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Connected Bulb Market Present Scenario and Growth Prospects 2016-2020

Press Release   •   May 25, 2016 05:17 EDT

Global Connected Bulb Market 2016-2020 market research report is the new research report now available with RnRMarketResearch.com

The analysts forecast global connected bulb market to grow at a CAGR of 50.32% during the period 2016-2020. Connected bulbs refer to smart bulbs that are embedded with wireless chips to communicate wirelessly with mobile computing devices such as smartphones and smart watches. A connected bulb comprises of the Internet of Things (IoT) interconnected through various networking technologies. The IoT is a network of physical or tangible devices such as smart appliances and smart TVs that can communicate among themselves and with the external environment when required using the internet.

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This report covers the present scenario and the growth prospects of the global connected bulb market during 2016-2020. To calculate the market size, the report considers the total unit shipments of smart LED connected bulbs worldwide in the residential segment. Connected bulbs for the residential segment include: LED smart bulbs, LED smart bulbs with inbuilt speaker, White LED smart lightbulbs, Color LED smart lightbulbs, Smart LED lighting starter sets, Flood LED smart bulbs.

The report, Global Connected Bulb Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors : Belkin, Cree, GE, LiFi Labs, OSRAM SYLVANIA, Philips

Market driver : Rise in power prices

Market challenge : High upfront and maintenance costs

Market trend : Growing strategic partnerships among industry participants

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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