2015-05-15

Drivers Propelling Smart Lighting Developments (Part 2)

In part one of smart lighting article series, LEDinside addressed traditional lighting manufacturers’ profit-oriented business strategies as one of the main factors driving the development of smart lighting products. As mentioned in part one of these series, lighting manufacturers will have to turn to smart LEDs as a method to generate sustainable revenue, which ABI Research projected could increase overall LED revenues by 30% in 2020. In this article, LEDinside will explore how budding Internet of Things (IoT) has spurred none traditional lighting manufacturers to enter the smart lighting market, which has led to growing cross-industry collaborations.
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