Govee and IDC report forecasts global smart lighting market to reach $5 billion by 2028, highlighting growth in home tech.

Govee and IDC have released a report on the growing importance of smart lighting in homes, driven by factors like convenience and energy efficiency. The report forecasts the global market for smart lighting devices to reach $5 billion by 2028, growing at 12% annually. Govee's technology allows users to customize lighting for mood and schedule, enhancing both functionality and well-being. The company will show its latest innovations at CES 2025.

3 months ago
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