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2025-05-27 09:38:50 -

Growth Drivers and Challenges in the Global Smart Lighting Market

According to a recent report by Grand View Research, Inc., the global smart lighting market is projected to reach a substantial size of USD 72.35 billion by 2030, registering a compound annual growth rate (CAGR) of 22.1% from 2023 to 2030. This rapid market expansion is largely driven by several key factors, including the ongoing development of smart cities, the increasing adoption of...

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