Philips Lighting, Acuity Brands and OSRAM leading IoT for lighting market
iottechnews | March 05, 2018
Philips Lighting, Acuity Brands, Eaton, and OSRAM are among the leading players in the Internet of Things (IoT) for lighting market, according to a new report from Navigant Research. The report, which can be found here, assesses 16 vendors in total, including larger vendors, such as Cisco, Intel, Schneider Electric, and Siemens. These players are all placed as challengers, as opposed to contenders or leaders. Navigant Research argues that the total global market for IoT lighting is set to hit $5.5 billion by 2027, up from $808.2 million this year.