Smart Bulbs Intro
Millions of users worldwide use smart lighting and smart bulbs are one of the first smart home products consumers buy. According to our latest survey with 1,100 smart home early adopters, smart light bulbs were the first smart home products purchased by over half of the respondents.
Title
Total Revenue
XX.X
Data Collection
ON World has been collecting smart bulb global data for the last decade. This includes unit sales from major retailers, professional installers, service providers and tens of thousands of consumers. Our datasets are based on product data acquired from in store sales people, extensive tracking of online products, and interviews with key executives throughout the value chain.
Market Segmentation
Smart bulbs are compared to other smart lighting market segments: switches, strips, dimers and panels. These market segments are compared and contrasted by unit and revenue growth rates. Segmentation is also provided by channels such as: online, retail and professional service providers.
Value System
Using our data collections and market segmentation we identify and quantify the value that companies, products and consumers bring to the smart bulb market. This includes unit sales, revenues of products and companies. EDIT: More data. Also, consumer sentiment on products, features and past and future units to be purchased.
Forecasts
ON World has published research on smart home technologies for the past two decades. Our forecasts are refined, benchmarked and calibrated with ongoing investigations and studies as well as verification and feedback from vendors/platform providers, industry groups and home service providers. This data is then weighted by economic, technology and market factors for multi year projections.