The Smart Lighting Market is anticipated to see significant expansion in the coming years, with projections from Meticulous Research® estimating its value to reach $39.91 billion by 2029. This growth, at a compound annual growth rate (CAGR) of 12.2% from 2022 to 2029, is driven by several key factors. The increasing adoption of IoT-enabled lighting solutions is a primary contributor, as more consumers and businesses seek interconnected, technology-driven environments.
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