Market Research Report
Residential Connected Lighting: Assessment of Strategy and Execution for 17 Connected Lamp, Luminaire and Controls Vendors
|Published by||Navigant Research||Product code||492753|
|Published||Content info||47 Pages; 24 Tables, Charts & Figures
Delivery time: 1-2 business days
|Residential Connected Lighting: Assessment of Strategy and Execution for 17 Connected Lamp, Luminaire and Controls Vendors|
|Published: April 19, 2017||Content info: 47 Pages; 24 Tables, Charts & Figures||
The market for residential connected lighting is still quite nascent, but the growing popularity of smart home technologies is changing the way consumers interact with lighting in their homes. The introduction of the Amazon Echo in 2014 and Google Home in 2016 is projected to have unprecedented effects on the household lighting market. These voice-activated platforms have increased the adoption of connected home devices and shown users the potential they have in terms of lighting.
Philips Lighting is the clear market leader in the residential connected lighting space, as it essentially created the market with the introduction of its Hue bulb. Yet, other competitors are entering the market to address new use cases, offer products with more advanced technological capabilities, or provide their own take on a similar solution at a competitive price. Players include a handful of incumbents entrenched in the lighting space, as well as startup companies offering point solutions. Seven competitors attained a Contender ranking in this Leaderboard, five players earned the rank of Challenger, and four players rank as Followers.
This Navigant Research Leaderboard Report examines the strategy and execution of 17 leading connected lamp, luminaire, and controls vendors. These players are rated on 12 criteria: vision; go-to market strategy; partners; value proposition; technology; sales & marketing; product usability & features; product portfolio; pricing; and staying power. Using Navigant Research's proprietary Leaderboard methodology, companies are profiled, rated, and ranked with the goal of providing an objective assessment of their relative strengths and weaknesses in the global market for residential connected lighting.