Smart bulb is not only just switching on/off of the light remotely, it's more about controlling the light as per the requirements such as changing the intensity of light, colour of the light and also time dependent intensity of the light. All this possible due to the control of LED lights using RF wireless transceivers fitted in the LED bulbs.
Mobile phones with the apps installed can have full control over home lighting systems which can be switched on and off from anywhere.
Market researcher Strategy Analytics forecasts 200 Million Smart Bulbs by 2020. From its latest survey Strategy Analytics shares below other key findings:
The smart bulb market is a fragmented “Wild West” with a variety of technologies and control protocols being implemented.
Multi-function Smart Bulbs – those with Wi-Fi repeaters, speakers and cameras will change consumers’ perceptions of “light bulbs”.
Interoperability is key – consumers don’t want to have to worry if a bulb they purchase will work with other bulbs they have or will purchase. The industry must address this issue directly and immediately.
Lower prices ($15/bulb ) will help develop the mass market; nevertheless these bulbs are competing with incandescent bulbs priced less than $1.00.
As bulb manufacturers compete for market share, it is important that they have the right technology partners in order to broaden their appeal – GE, LIFX and Philips are examples of vendors that are growing their ecosystems to increase their market clout.
Quote: Bill Ablondi, Director, Smart Home Strategies said: “Smart bulbs have the potential of becoming a ‘Trojan Horse’ for introducing smart devices into homes due to their ease of installation and networking capabilities; in addition, multi-function bulbs with cameras, speakers or Wi-Fi repeaters will alter the way consumers think about what can go into light sockets.”