Smart Pole Market : Global Opportunities & Forecast (2016-2021) Global Smart Pole Market Opportunities & Forecast

Smart Pole Market : Global Opportunities &
Forecast 2016-2021-GMI Research
Posted by Sarah Nash March 22, 2018 in Information Communication Technology
Global Smart Pole Market by Offering (Component, Software, Services),
Application (Highways and Roadways, Public Places, Railway and Harbours) and
by Geography – Opportunities & Forecast 2016-2021
There has been a substantial rise in smart pole market over the years. The rise
in the government initiatives pertaining to smart cities as well as increased
demand for technologically advanced solutions for pole lighting systems are the
key factors fuelling the growth of smart pole market. Apart from this, the
increased usage of Internet of things technology in smart poles will further help
the market to grow at a substantial rate during the forecast period.
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Software segment is expected to grow at the highest rate during the forecast
period owing to the increased demand for smart lighting software’s worldwide.
These software’s basically controls the functionality of a lighting system and
capable of performing various functions including real-time monitoring, street-
alarms, dimming control, analytics and reporting, among others.