Source: EMARKETER Forecast, September 2023 - October 2023
Note: households that actively use smart home lighting at least once per month
Additional Note: Smart home lights are an interactive system that connects via internet and/or Bluetooth (or any other connectivity protocol) and can be controlled and automated by using apps, smart home hubs or voice assistants. Includes lighting systems, bulbs and smart switches. Examples include Lifx, Philips Hue, and Wyze bulbs.
Methodology: Estimates are based on the analysis of survey and traffic data from research firms and regulatory agencies, sales projections, historical trends, company-specific data, and demographic and socioeconomic factors.