The global demand for Connected (Smart) Street Light Market is presumed to reach the valuation of nearly USD XX.X MN by 2025 from USD XX.X MN in 2018 with a CAGR of X.XX% under the study period of 2019- 2025. Whereas with regards to volume, the market was calculated XXX thousand units in 2018 and foreseen to touch XXX thousand units by 2025 with a CAGR of X.X% during 2019-2025.
 
Connected or Smart Street light is an intelligent street light system designed for energy efficiency. This system enables city officials to increase or decrease street lighting illumination levels at respective time zones in accordance with the weather condition. This system is also able to respond to specific pedestrian or vehicular activity in order to reduce the energy cost. The smart street light system can also enable light flashing and sequencing to favor traffic and crowd control during special events. In addition to this, smart street lighting can also improve safety in higher crime areas by proving increased lighting, as well as it has the ability to increase lighting at the time of responding to an incident. 
 
Market Dynamics
 
The development of wireless technologies & sensors and new street lights such as LED lights and growing awareness among people about energy saving in order to reduce carbon footprints are favoring the market growth. Initiatives taken by various governments for replacing regular street lights with more efficient connected or smart street lights are again propelling the market demand. However, high initial setup cost associated with the installation of the smart street lighting is likely to hamper the market growth. Whereas, infrastructure development and transformation of cities into smart cities is expected to create potential demand over the forecast period. 
 
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
 
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of connected (Smart) street light.
 
Market Segmentation
 
The entire connected (Smart) street light market has been sub-categorized into connectivity and component. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
 
By Connectivity

• Wired
• Wireless

• Hardware
• Software
• Services