Smart Lighting Market in the Middle East
The Middle East smart lighting market is anticipated to register healthy growth rate in the coming years, on account of favorable government initiatives towards energy efficiency and smart cities. Moreover, high per capita income, growing preferences for luxurious homes and growing Internet of Things (IoT) market is expected to drive the region’s smart lighting market. Smart lighting includes lighting controls, fixtures and smart bulbs.
Emergence of LI-FI (LIGHT FIDELITY)
Emergence of LI-FI (LIGHT FIDELITY) and other technological advancements, increasing number of smart city initiatives, surging penetration of non-visible LED lighting, rising demand for real-time home security, and growing innovation and advancements in wireless technology are anticipated to drive the global smart lighting market during 2018 – 2023.
R&D of Smart and Green Technology Based Lighting Systems
Increasing investments in the R&D of smart and green technology based lighting systems to minimize carbon emissions, surging number of mega residential and commercial projects, growing Internet of Things (IoT) technology development projects, and booming demand for connected lighting indoor positioning systems across various applications are expected to aid the region’s smart lighting market during 2018-2023.
New Trends in Middle East IoT Market
In the coming years, with emergence of new wireless communications networks designed for IoT applications along with development of advanced IT infrastructure for collection andanalysis of IoT sensor data would expand the present IoT solution coverage and push the adoption of consumers towards new and more advanced IoT enabled solutions. Some of the key solutions which are expected to record considerable growth are:
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