About the Connected Bulb Market
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.
Technavio’s analysts forecast the global connected bulb market to grow at a CAGR of 50.32% during the period 2016-2020.
Covered in this report
The 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 market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Connected Bulb Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The 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.
Key vendors
• Belkin
• Cree
• GE
• LiFi Labs
• OSRAM SYLVANIA
• Philips
Market driver
• Rise in power prices
• For a full, detailed list, view our report
Market challenge
• High upfront and maintenance costs
• For a full, detailed list, view our report
Market trend
• Growing strategic partnerships among industry participants
• For a full, detailed list, view our report
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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Base year
• Forecast period
• Market coverage
• Market size calculation
• Geographical segmentation
• Vendor segmentation
• Common currency conversion rates
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Overview of wireless industry alliances
• 6LoWPAN
• Consortium for Smart Energy Profile 2 Interoperability
• HomePlug Powerline Alliance
• Wi-Fi Alliance
• ZigBee Alliance
• Z-Wave Alliance
PART 06: Overview of ZigBee standard
• ZigBee
• ZigBee RF4CE
• ZigBee PRO
• ZigBee IP
• ZigBee remote control 2.0
• ZigBee 3.0
PART 07: Summary of key figures
PART 08: Market landscape
• Market overview
• Market size and forecast
• Market analysis
• Five forces analysis
PART 09: Key developments
PART 10: Market segmentation by technology
• Analysis
PART 11: Geographical segmentation
• Americas
• EMEA
• APAC
PART 12: Market drivers
• Declining ASP of connected bulbs
• Emergence of wireless networking technologies
• Rise in power prices
• Need for low-energy wireless technology
• Emergence of IoT architecture
PART 13: Impact of drivers
PART 14: Market challenges
• High upfront and maintenance costs
• Long replacement cycle
• Lack of universal connectivity standard
• Data privacy and security concerns
• Lack of awareness about IoT and wireless technologies
PART 15: Impact of drivers and challenges
PART 16: Market trends
• Growing strategic partnerships among industry participants
• Growing number of smart homes worldwide
• Adoption of crowdfunding platform
• Growing diversity of IoT standards
PART 17: Vendor landscape
• Competitive scenario
PART 18: Appendix
• List of abbreviations
PART 19: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Foreign currency exchange rate 2013-2015
Exhibit 03: ZigBee communication process
Exhibit 04: ZigBee protocol stack
Exhibit 05: ZigBee mesh network
Exhibit 06: Summary of key figures
Exhibit 07: Market overview of global connected bulb market
Exhibit 08: Global connected bulb market by unit shipment (millions of units)
Exhibit 09: Global connected bulb market by revenue ($ billions)
Exhibit 10: ASP of smart LED bulbs ($ per unit)
Exhibit 11: Five forces analysis
Exhibit 12: Key developments in the global connected bulb market in 2015 and 2014
Exhibit 13: Global connected bulb market by technology 2015-2020 (% share)
Exhibit 14: Global connected bulb market by technology 2015-2020 (millions of units)
Exhibit 15: Comparison of wireless networking technologies
Exhibit 16: Global connected bulb market by geography 2015-2020 (% share)
Exhibit 17: Global connected bulb market by geography 2015-2020 (millions of units)
Exhibit 18: Connected bulb market in Americas 2015-2020 (millions of units)
Exhibit 19: Connected bulb market in EMEA 2015-2020 (millions of units)
Exhibit 20: Connected bulb market in APAC 2015-2020 (millions of units)
Exhibit 21: Electricity tariff in selected countries 2015 (KW/hour)
Exhibit 22: Impact of drivers
Exhibit 23: Price comparison of connected bulbs from different manufacturers
Exhibit 24: Comparison of life cycles of various sources of lights
Exhibit 25: Impact of drivers and challenges
Exhibit 26: Smart homes worldwide 2015-2020 (millions of units)
Exhibit 27: Smart homes penetration rate by geography 2015-2020
Exhibit 28: Key countries for smart city investments
Exhibit 29: Key connected bulb projects adopting crowdfunding
Exhibit 30: Competitive scenario
