As per our latest research, the global smart lighting market size in 2024 stands at USD 15.7 billion, demonstrating robust momentum driven by the rapid adoption of IoT-enabled lighting systems and increasing demand for energy-efficient solutions. The market is expected to expand at a compelling CAGR of 19.6% during the forecast period, reaching a projected value of USD 61.2 billion by 2033. This remarkable growth is fueled by technological advancements, smart city initiatives, and the rising integration of wireless communication technologies within lighting infrastructure. https://growthmarketreports.com/report/smart-lighting-market-global-industry-analysis