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Stock impact report

Global Smart Street Lighting Market Report 2023-2027 - Second-wave Smart Street Lighting Deployments are Picking Up Pace [Yahoo! Finance]

Cisco Systems, Inc. (CSCO) 
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The global installed base of individually controlled smart street lights amounted to 23 million units at the end of 2022. Growing at a CAGR of 22.7 percent, the number will reach 63.8 million in 2027. Europe is the leading adopter and today accounts for around 35 percent of the global installed base. North America is the second largest and also constitutes the fastest growing market, closely followed by the Rest of World region. A variety of proprietary RF networking platforms together account for 60 percent of the individually controlled street lights while cellular and PLC communications are the second and third most common connectivity technologies respectively. As of Q3-2023, the leading smart street lighting vendor was Signify with an installed base of nearly 4.9 million lighting controls, followed by US-based Itron and the Chinese vendor Fonda Technology. Itron also constitutes the global leader in the network segment. Key Market trends The smart street lighting market ha Show less Read more
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