According to Goldstein Research, growing energy saving concerns and emerging advanced technologies such as internet of things (IoT) and connected devices coupled with accelerating LED price erosion are the major factors driving the growth of smart lighting market. By 2020, there could be more than 50 billion devices and 7 billion people connected. This has tremendous implications for cities and businesses, over the next few years millions of lights will be converted to LED technology. Moreover, streetlights also constitute major share in the global smart lighting market. Global Smart Lighting Market Outlook also includes product development, technological advancements and investment strategies adopted by major market players in order to expand their business across the globe. China is expected to dominate the smart lighting market followed by Japan and South Korea due to high LED production and rapid smart lighting penetration in these countries. Browse Full Report: https://www.go...