Smart lighting use set to soar
 

Worth billions soon

A market research company said that the smart lighting market will be worth $65.3 billion by 2025.

Research and Markets said in a report that the market will grow at a CAGR of about 16 percent over the next 10 years.

Companies surveyed by the research outfit include Bridgelux, Digital Lumons, Eaton Corp, Echelon, General Electric and Koninklijke Philips.

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