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The Smart Money: The Power of Smart Lighting

August 09, 2023

SecurityInfoWatch.com

Security Business magazine

According to Parks Associates’ latest research study, Smart Lighting Market Assessment, smart lighting product demand softened in 2022, following general spending and home renovation trends.

Parks Associates research shows 13% of U.S. internet households have at least one smart light bulb, and 8% own a smart plug/power strip.

Parks Associates research also finds that the top concern for smart lighting consumers – as is the case for many smart home device users – is interoperability.

From the article, "The Smart Money: The Power of Smart Lighting" by Jennifer Kent

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