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Smart Lighting Market worth $20.50 billion by 2032 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Oct. 13, 2026 /PRNewswire/ — According to MarketsandMarkets™, the Smart Lighting Market is projected to grow from USD 11.00 billion in 2026 to USD 20.50 billion by 2032, at a CAGR of 10.9% during the forecast period.

Browse 160 market data Tables and 80 Figures spread through 290 Pages and in-depth TOC on ” Smart Lighting Market – Global Forecast to 2032″

Smart Lighting Market Size & Forecast:

Market Size Available for Years: 2021–20322026 Market Size: USD 11.00 billion2032 Projected Market Size: USD 20.50 billionCAGR (2026–2032): 10.9%

Smart Lighting Market Trends & Insights:

The smart lighting market is expected to grow significantly as businesses, municipalities, and consumers increase investments in connected buildings, smart cities, energy-efficient infrastructure, and IoT-enabled lighting across commercial, residential, industrial, healthcare, retail, and outdoor applications. The market is further driven by rising demand for automated lighting control, real-time monitoring, energy optimization, occupant comfort, and intelligent building management. Product innovations and strategic developments by key players such as Signify, Legrand, Acuity Brands, Zumtobel, and Panasonic, including advancements in connected luminaires, occupancy and daylight sensors, wireless controls, IoT platforms, and cloud-based lighting-management systems, are further strengthening adoption across smart-building and smart-city applications. Signify’s Interact platform, for instance, provides centralized real-time control, monitoring, and optimization of connected lighting across buildings and cities.By offering, the services segment is expected to record a CAGR of 13.6% during the forecast period.By communication technology, the wireless segment is expected to exhibit a CAGR of 12.8% during the forecast period.By distribution channel, the online sales segment is expected to register a high growth rate during the forecast period.By end-use application, the indoor segment is expected to lead the market during the forecast period.By region, Europe dominated the smart lighting market with a share of ~39.3%, in terms of value, in 2025.

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The smart lighting market is witnessing steady growth, driven by increasing demand for energy-efficient illumination, intelligent lighting control, and connected building solutions across commercial, residential, industrial, healthcare, retail, and outdoor applications. The growing emphasis on smart buildings, smart cities, IoT, energy management, and building automation is supporting the adoption of smart lighting systems. Advancements in technologies such as LED, wireless connectivity, occupancy sensing, daylight harvesting, and AI-enabled controls are improving energy efficiency, flexibility, automation, and system performance. In addition, the increasing deployment of smart lighting in offices, homes, factories, warehouses, hospitality facilities, and public infrastructure is creating new avenues for market expansion. Investments in energy-efficient infrastructure, digitalization, and connected buildings are further contributing to market growth. The integration of smart lighting with IoT platforms, building management systems, cloud-based controls, and intelligent sensors is enabling real-time monitoring, automated control, predictive maintenance, and optimized energy consumption, strengthening its value across diverse applications.

Online retail segment to register higher CAGR from 2026 to 2032.

By distribution channel, the online retail segment is expected to register a higher CAGR than the offline retail segment during the forecast period, driven by the growing availability of smart lighting products through e-commerce platforms and direct-to-consumer channels. Online channels provide consumers and businesses with convenient access to smart bulbs, connected luminaires, sensors, switches, and lighting-control devices, along with product comparisons and technical information. The increasing adoption of smart-home technologies, connected devices, and IoT-enabled lighting is further encouraging online purchases. Additionally, manufacturers are expanding digital storefronts and online distribution networks, improving product accessibility across residential, commercial, and small-business applications.

Indoor segment to account for significant market share during forecast period.

By end-use application, the indoor segment is estimated to account for a significant share of the smart lighting market, driven by the increasing adoption of connected lighting solutions across offices, residential buildings, retail stores, healthcare facilities, hospitality spaces, and industrial facilities. Smart lighting enables automated control of illumination based on occupancy, daylight availability, schedules, and user preferences, supporting energy efficiency, convenience, and occupant comfort. The growing deployment of connected LED luminaires, occupancy sensors, daylight sensors, dimming controls, and wireless technologies is further supporting segment growth. Additionally, the integration of indoor lighting with IoT platforms, building management systems, and smart-home technologies is expanding its functionality across diverse applications. Rising investments in energy-efficient buildings, building automation, and intelligent infrastructure are creating new opportunities for smart lighting providers, while advancements in connected controls, sensing technologies, and cloud-based lighting management are expected to further strengthen the indoor segment globally.

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Europe to register highest CAGR in smart lighting market between 2026 and 2032.

Based on region, Europe is expected to register the highest CAGR during the forecast period, driven by increasing adoption of energy-efficient lighting, smart buildings, connected infrastructure, and stringent energy-efficiency initiatives across countries such as Germany, the UK, France, Italy, and the Netherlands. The region is witnessing rising demand for smart lighting across commercial buildings, residential spaces, industrial facilities, healthcare, retail, and outdoor infrastructure. Increasing deployment of connected LED luminaires, occupancy and daylight sensors, wireless controls, and intelligent lighting-management systems is supporting regional market expansion. In addition, investments in building modernization, smart-city infrastructure, energy management, and digital building technologies are creating opportunities for advanced lighting solutions. The growing integration of smart lighting with IoT platforms, building management systems, and automated controls is further supporting adoption and strengthening the region’s smart lighting industry growth.

Key Players

The smart lighting companies includes many major Tier I and II players, including Signify Holding (Netherlands), Legrand (France), Acuity Brands, Inc. (US), ams-OSRAM AG (Austria), Honeywell International Inc. (US), Wipro Lighting (India), Zumtobel Group (Austria), Lutron Electronics Co., Inc. (US), IDEAL Industries, Inc. (US), and LEDVANCE GmbH (Germany), among others. These players have a strong market presence in smart lighting technologies across various countries in North America, Europe, Asia Pacific, and the Rest of the World (RoW).

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MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

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Semperis Adds New Cities to the Midnight in the War Room World Screening Tour

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The first-of-its-kind documentary on cyberwar debuted at Black Hat USA 2026 before an audience of CISOs, national security leaders and defenders—the same community whose stories it tells.

HOBOKEN, N.J., Oct. 13, 2026/PRNewswire/ — Semperis, the identity-driven cyber resilience and crisis response company, today announced that it has added new cities to the world screening tour of Midnight in the War Room. The first feature-length documentary on cyber war, which includes voices from inside the cybersecurity community, debuted August 5 at Black Hat, the cybersecurity industry’s most established and in-depth security event series.

The global screening roadshow of Midnight in the War Room is sponsored by Cohesity, the leader in AI-powered data security, which is helping to bring the film and its message about cyber resilience to defenders and cybersecurity professionals worldwide.

New stops in Melbourne, Australia and Austin, Texas bring the film to audiences at two major industry gatherings. The Melbourne screening will be held during CyberCon, Australia’s largest cybersecurity conference, where former CISA Director Jen Easterly will deliver a keynote. Easterly, who is featured in the film, will also deliver opening remarks to film attendees. The screening is open to all conference attendees and takes place Wednesday, October 14, 6:45 pm in the Plenary Theater, Melbourne Convention & Exhibition Centre.

The Austin screening will take place during CyberMarketingCon, the leading conference for cybersecurity industry go-to-market leaders, on Tuesday, November 17, 7:00 pm, at the Marriott Downtown in Austin. To request a seat, visit Midnight in the War Room | Austin.

“Defeating the malicious cyberattacks that threaten our way of life will take more than technology. It will take the creativity and curiosity of the human mind,” says Easterly. “Those qualities empower defenders to outthink and outmaneuver adversaries, and it’s an honor to be part of Midnight in the War Room to advance that mission.”

Upcoming screenings will take place in the following cities:

Melbourne, Australia – October 14
Singapore – October 14
New York City – October 15
Nashville, TN – October 15
Toronto – October 20
Paris – October 20
Detroit – October 21
Mexico City – October 22
Philadelphia – October 27
Mumbai, India – October 29
Vancouver, BC – October 28
São Paulo – November 4
Dublin – November 5
Irvine, CA – November 12
Austin, TX – November 17

Screenings have already taken place in: Atlanta, Boston, Chicago, Dallas, Frankfurt, Hamburg, London, Miami, Minneapolis, Mountain View, Munich, Scottsdale, St. Louis, Sydney, Washington and Zurich.

“After watching the Midnight in the War Room premiere at Black Hat this year, I knew we had to bring this film to CyberMarketingCon. It’s marketing at its most magnetic: a gripping story, beautifully told, with the production quality to match,” said Gianna Whitver, CEO and Co-Founder, Cybersecurity Marketing Society. “It’s one of the first cybersecurity productions I’ve seen that feels right at home on Netflix, Hulu, or the big screen at AMC. We can’t wait to bring the film’s energy to CyberMarketingCon attendees and the Austin cybersecurity community.”

Preregistration is required to attend screenings. To attend a screening, visit: Midnight in the War Room Events.

Produced by Semperis Studios and filmed across North America and Europe, the documentary draws on more than 50 interviews and over 100 hours of conversations with CISOs, former hackers, journalists, and national security leaders. Featured contributors include Chris Inglis, the first U.S. National Cyber Director; General (Ret.) David Petraeus, former CIA Director; Jen Easterly, former Cybersecurity and Infrastructure Security Agency (CISA) Director; Marcus Hutchins, the WannaCry hero; and Tim Brown, former CISO of SolarWinds.

“We made this film because the people who defend the world’s critical systems have never had their story told on their own terms,” said Bill Keeler, Co-Director of the film. “Watching it land with a room full of defenders was the whole point. What we heard at the world premiere tells us this conversation is only beginning.”

Semperis is the first cybersecurity company to produce a full-length feature film on cyber war, spotlighting the defenders who safeguard the infrastructure society depends on: water and power systems, food supply chains, healthcare networks, and financial institutions targeted by nation states and ransomware gangs.

The Midnight in the War Room world screening roadshow wouldn’t be possible without the film’s many Action Partners such as Black Hat, Women in CyberSecurity (WiCyS), Cyber Future Foundation and Hack The Box. Other Action Partners include:

Digital Defense Alliance Singapore (DDAS)Institute for Critical Infrastructure Technology (ICIT)InfraGardISC2Information Systems Security Association (ISSA)Information Systems Audit and Control Association (ISACA)Health Information Sharing and Analysis Center (H-ISAC)Michigan Council of Women in Technology (MCWT)Oil and Natural Gas Information Sharing and Analysis Center (ONE-ISAC)Arizona Cyber Threat Response Alliance (ACTRA)Grand Canyon University (GCU) Cyber Center of Excellence

About Semperis
Semperis is the identity-driven cyber resilience and crisis management company trusted by the world’s largest enterprises and government agencies to protect critical identity systems. Purpose-built for multi-cloud and hybrid identity environments—including Active Directory, Entra ID, Okta, and Ping Identity—Semperis helps organizations prevent, detect, respond to, and recover from identity-based cyberattacks.

Modern cyberattacks are won or lost at the identity layer, where failures now escalate into full-scale business crises. Semperis’ AI-powered platform unifies identity lifecycle defense and crisis management—hardening identity infrastructure, detecting and containing active threats, enabling rapid, trusted recovery, and supporting secure, out-of-band coordination when core systems are disrupted—all reinforced by a world-class identity forensics and incident response team.

As part of its mission to help organizations achieve true cyber resilience, Semperis supports the broader cyber community through the award-winning Hybrid Identity Protection (HIP) Conference and Podcast and free identity security tools including Purple Knight and Forest Druid. More than 1,200 organizations—including over 25% of the 100 largest U.S. companies—rely on Semperis. The company is privately held, headquartered in Hoboken, New Jersey, and serves customers in more than 40 countries.

Learn more: semperis.com
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Media Contact:
Bill Keeler
Semperis
Senior Director, PR & Comms
billk@semperis.com

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Ursa Major Appoints Jason Meredith as President

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BERTHOUD, Colo., Oct. 13, 2026 /PRNewswire/ — Ursa Major today announced the promotion of Jason Meredith to President of Ursa Major. In his new role, Meredith will lead business execution across Ursa Major with responsibility for the company’s full profit and loss.

“Jason has the experience and leadership to bring this next phase of Ursa Major to life,” said Chris Spagnoletti, CEO of Ursa Major. “He understands our technology, our customers and what it takes to execute at scale. As President, he will bring that experience across the entire business and help ensure we continue delivering for our customers as Ursa Major grows.”

Meredith most recently served as President of Solid Missile Systems, where he led program execution and engineering across Ursa Major’s growing solid rocket motor portfolio. His promotion comes as Ursa Major continues to scale production across its long-range and hypersonics missiles, solid rocket motors, and space mobility businesses and prepares to become a publicly traded company.

“I’m excited to take on this role at an important point in Ursa Major’s growth,” said Meredith. “We have strong technology, growing demand and a manufacturing approach built to scale. My focus will be on bringing those pieces together across the business so we can move faster, increase production and deliver the capabilities our warfighters need to meet the mission.”

Meredith brings more than two decades of aerospace, defense and solid propulsion experience, with senior engineering, program and business leadership roles at ATK, Orbital ATK, Northrop Grumman, and Pratt & Whitney. He joined Ursa Major in 2026 to lead its Solid Missile Systems business and the continued expansion of the company’s solid rocket motor capabilities.

About Ursa Major

Ursa Major is an advanced weapons and space systems company delivering flight-proven capabilities for hypersonics, solid rocket motors, and space mobility. Headquartered in Berthoud, Colorado, with additive manufacturing operations in Youngstown, Ohio, Ursa Major leverages advanced production techniques and flexible architectures to build systems for all domains: land, air, sea, and space. The company is revitalizing the defense industrial base for the U.S. and its allies, flying faster to accelerate delivery of critical capabilities where speed and adaptability matter most. For more information, visit www.ursamajor.com. 

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SUBSCRIBE Launches 1031 DST Exchange Transaction Platform

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The technology solution combines digital workflows and critical property data to support financial advisors engaged in 1031 DST exchange transactions from start to finish. The platform also centralizes over 40 DST offerings from leading alternative asset managers and embeds qualified intermediary services from national 1031 exchange firms.

NEW YORK, Oct. 13, 2026 /PRNewswire/ — SUBSCRIBE, a global fintech company providing the leading enterprise operating system for alternative investments, today announced the launch of their 1031 DST Transaction Platform. The digital solution provides over 1200 wealth management firms and their 55,000 financial advisors access to more than 40 DST offerings from leading alternative asset managers including Blackstone, Bluerock, Cantor Fitzgerald Asset Management, Capital Square, Cottonwood, ExchangeRight, Hines, Inland, Invesco, Nuveen, Palladius, Passco, Starwood, and many others. As part of the initiative, the company has also formed strategic relationships with national 1031 exchange firms, such as Accruit, digitally embedding qualified intermediary (QI) services as part of the workflow within SUBSCRIBE.

The technology-enabled 1031 exchange workflow and property data solution is designed to allow financial advisors and their clients to initiate, manage, and track an exchange transaction from start to finish. The solution seeks to close the information gap that often exists between financial advisors and their clients by capturing exchanger, relinquished property, and other critical information to help automate the multistage, paperwork-heavy process on a single platform and do so transparently for all stakeholders. The embedded QIs will provide financial advisors with educational resources and access to experienced exchange professionals, while the broad menu of DSTs centralizes access to high-quality investment options.

“SUBSCRIBE successfully innovated onboarding for private market funds in a way that allowed all the stakeholders involved in a fund transaction to benefit and efficiently scale,” said Rafay Farooqui, Founder & CEO at SUBSCIRBE. “With the launch of our 1031 Exchange Transaction Platform, we seek to replicate that success for DST transactions and bring them online from their current state of messy email threads, paper forms, and fragmented workflows.”

Simplified Workflows for DST Sponsors
SUBSCRIBE’s 1031 DST Transaction Platform is also positioned to make offerings easily accessible, and transaction tracking simpler for alternative asset managers that have designed DST offerings to provide financial advisors and their clients with access to institutional‑quality real estate across senior housing, student housing, multifamily, and industrial property. Bringing sponsors, QIs, and financial advisors together on a single platform to consolidate and simplify the process helps clients preserve capital, defer taxes, and execute reinvestment strategies more efficiently. This creates greater confidence in DSTs as tax-deferral strategies, strengthens long-term client relationships, and delivers a more seamless experience for all stakeholders.

“For clients of wealth managers seeking to preserve equity and reposition capital, 1031 DSTs offer an effective tool,” said Steve Holtkamp, President at Accruit. “SUBSCRIBE brings the QI directly into the platform, providing a modern and intuitive experience that guides financial advisors and their clients through the exchange process while creating a more seamless, connected experience from start to finish.”

Powerful Tax Management Solution
The Baby Boomer generation has approximately $90 trillion in net worth, with an estimated $4 trillion concentrated in investment properties and second homes. DSTs are increasingly being used by financial advisors as a starting point to form a long-term wealth strategy, but they also act as mechanisms for execution certainty as exchangers face stringent 45-day and 180-day deadlines to complete transactions. A DST can serve as a safety net, providing the certainty of a fully structured, professionally managed property over the uncertainty of chasing a direct deal in that same time-period. DSTs can also address key investment planning objectives, deferral of capital gains taxes, risk management, asset diversification, and strategic portfolio repositioning by helping real estate investors transition away from the challenges of active real property management. Thus, many leading alternative asset managers have launched 1031 tax-advantaged wealth platforms, and some offer a potential future exit through a Section 721 UPREIT transaction, in which DST holders can contribute their interests, tax deferred, into a REIT in exchange for partnership units.

“Our Exchange platform was designed around the needs of wealth managers who require flexibility, choice, and efficiency when evaluating 1031 DST opportunities on behalf of their clients,” said Nitin Chexal, CEO of Palladius Capital Management. “Our longstanding relationship with SUBSCRIBE made this a natural extension of our partnership. Its new 1031 DST Transaction Platform helps modernize and streamline the subscription process, making it easier for advisors and their clients to access Exchange offerings.”

Through 2Q 2026, DST sponsors had already raised $3.75 billion, up nearly 24% from the same period in 2025, with $3.9 billion in available open inventory across 100 DST offerings. Mountain Dell, a consulting and research firm, projects $10 billion in total DST sales by year-end, up nearly 55% from 2025.

About SUBSCRIBE
SUBSCRIBE is a fintech company digitally transforming the landscape of alternative investments for alternative asset managers, institutional investors, wealth managers, law firms, and fund administrators. Our platform technology modernizes the archaic infrastructure of private fund investments by delivering a central operating system — catering to every role within the investment process empowering them to connect any fund, any investor, anywhere in the world on a single platform. SUBSCRIBE supports over $6 trillion in private market assets and is the trusted technology partner to thousands of firms that rely on our end-to-end enterprise solution to scale their private market investment programs and manage investment processes across pre-trade, trade, and post-trade fund workflows. For additional information, visit www.subscribeplatform.com or follow the company on LinkedIn and X (@esubdocs).

For media inquiries, please contact:
SUBSCRIBE
info@subscribeplatform.com

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