Smart bulbs market set to soar

The market for residential smart bulbs is set to soar in the next few years, according to projections from ABI Research. The embryonic market for connected LED or ‘smart’ light bulbs saw less than 2.5 million units shipped in 2013. ABI reckons that falling LED prices and the endorsement of ZigBee Light Link as the preferred connectivity solution by a number of leading lighting manufacturers means that annual smart bulb shipments are set to increase to 223 million by 2020, achieving a total installed base of over 400 million. Read full story