Connected Street Light Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Connected street lights are used to enhance the road safety for public and saves energy upto 50%. Deployment of connected street lights reduces maintenance costs as these are managed remotely and securely while eradicating need of human power. Connected street lighting also helps in controlling level of carbon dioxide emission in environment.

MARKET DYNAMICS

The connected street light market is anticipated to grow rapidly in the forecast period owing to driving factors such as demand for energy-efficient lighting solutions in developing countries due to increasing concern towards environment safety. Increasing Governmental focus on implementing solar-powered lighting is anticipated to provide large opportunities to the players operating in the connected street light market.

MARKET SCOPE

The "Global Connected Street Light Market Analysis to 2031" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the connected street light market with detailed market segmentation by component, product, application, and geography. The global connected street light market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading connected street light market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global connected street light market is segmented on the basis of component, connectivity, and application. Based component, the market is segmented into hardware, software, and services. On the basis of connectivity, the connected street light market is segmented into wired and wireless. The connected street light market on the basis of the application is classified into traffic monitoring, street light management, video surveillance, smart parking, public messaging, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global connected street light market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The connected street light market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the connected street light market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the connected street light in these regions.

MARKET PLAYERS

The reports cover key developments in the connected street light market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Connected street light market are anticipated to lucrative growth opportunities in the future with the rising demand for connected street light in the global market. Below mentioned is the list of few companies engaged in the connected street light market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the connected street light market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

• Atos SE
• BRILLIANTTS
• CPI Card Group Inc.
• Gemalto NV
• Giesecke+Devrient GmbH
• Identiv, Inc.
• INSIDE SECURE ALL
• Newland Payment Technology
• Rambus.com
• Watchdata Technologies

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Connected Street Light Report Scope