Smart bulb market is experiencing significant growth
The increasing popularity of smart homes is driving demand for smart bulbs that can be controlled remotely and integrated with other smart devices. Consumers are becoming more
Innovations in lighting technology, such as voice-controlled lighting and AI-driven adaptive lighting, are enhancing user experience and fueling market expansion. Policies promoting smart city development and energy-efficient infrastructure are supporting the adoption of smart lighting solutions. 
The upfront investment for smart lighting systems can be a barrier for some consumers. Ensuring that smart bulbs are compatible with existing fixtures and systems can pose challenges. As smart bulbs collect and transmit data, concerns about data security and privacy may affect adoption rates. 
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