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, color 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. Cellphones with the apps installed can have full control over home lighting systems which can be switched on and off from anywhere.
Multi-function Smart Bulbs, those with Wi-Fi repeaters, speakers and cameras will change consumers’ perceptions of light bulbs. Interoperability is key because 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 will help develop the mass market. Nevertheless, these bulbs are competing with incandescent bulbs priced less than US$1. As LED bulb manufacturers compete for market share, it is important that they have the right technology partners in order to broaden their appeal.