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Smart Lighting Market Shipments

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SOURCE RESEARCH

Commercial Network Lighting

Market Data | 1Q 2024 | MD-SLCBC-24

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Smart lighting market shipments are growing at a CAGR of 12% between 2024 and 2030, from 71 million shipments to 138.5 million annually. When looking at the market by hardware type, smart luminaries dominate shipments, accounting for more than half of total shipments.

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