Lucintel’s latest market report analyzed that smart pole provides attractive opportunities in highways, roadways, public places, railways, and harbors. The Smart Pole market is expected to expected to grow with a CAGR of 18%-20%. In this market, Retrofit is the largest segment by installation type, whereas software is largest by offering.
Download Brochure of this report by clicking on https://www.lucintel.com/smart-pole-market.aspx Based on installation type, the smart pole market is segmented into new installation and retrofit. The retrofit segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to the various smart city initiatives by various governments, which focus on installation of digital signage, public Wi-Fi, environmental monitoring systems, and security cameras on existing light poles.
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The Smart Pole Market is marked by the presence of several big and small players. Some of the prominent players offering smart pole include Maven Systems, Philips Lighting, Mobile Pro Systems, General Electric, Cree, Acuity Brands, Zumtobel Group, SYSKA LED, Lumca, and Sunna Design.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link firstname.lastname@example.org.
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