세계의 서비스형 스마트 가로등 시장 예측(-2032년) : 컴포넌트별, 서비스 모델별, 기술별, 용도별, 최종 사용자별, 지역별 분석

According to Stratistics MRC, the Global Smart Streetlight-as-a-Service Market is accounted for $3.4 billion in 2025 and is expected to reach $7.9 billion by 2032 growing at a CAGR of 12.7% during the forecast period. Smart Streetlight-as-a-Service is a utility model where a third-party provider installs, operates, and maintains a network of connected streetlights for a city. These lights go beyond simple illumination by incorporating IoT sensors, cameras, and connectivity modules. They enable dynamic dimming based on traffic, monitor air quality, track parking availability, and serve as a backbone for city-wide wireless networks, offering cost savings, energy efficiency, and a platform for broader smart city applications under a subscription or pay-per-use structure.

According to municipal case studies, this model provides cities with connected LED lighting and embedded sensors for a subscription fee, creating a data-generating network for public infrastructure.

Market Dynamics:

Driver:

Increasing adoption of energy-efficient

The growing transition toward energy-efficient urban infrastructure is driving the adoption of Streetlight-as-a-Service (SLaaS) models. Governments and municipalities are replacing conventional lights with LED- and sensor-based systems to reduce energy costs and carbon footprints. The pay-per-use model of SLaaS enables cities to modernize lighting networks with minimal capital expenditure while optimizing energy use through automation and adaptive lighting controls, resulting in enhanced cost efficiency and environmental sustainability across urban landscapes.

Restraint:

High upfront deployment & maintenance costs

Despite long-term savings, the initial investment in connected streetlight infrastructure remains a major barrier, particularly for smaller municipalities. Installation of smart controllers, network gateways, and communication modules requires substantial capital, along with periodic maintenance and software updates. Integration complexity with existing lighting grids adds further costs. These financial and technical challenges can delay large-scale rollouts, especially in underfunded regions, limiting the short-term adoption rate of the Streetlight-as-a-Service business model.

Opportunity:

Integration with IoT-based traffic and public safety systems

Growing smart city initiatives are creating opportunities for Streetlight-as-a-Service providers to deliver integrated solutions. Connected streetlights can host IoT sensors, cameras, and communication nodes to support traffic monitoring, air quality measurement, and emergency alerts. Integration with public safety systems enables real-time data sharing for better urban management. As cities invest in digital mobility and surveillance infrastructure, multifunctional smart poles supported by SLaaS enhance operational efficiency and pave the way for intelligent urban ecosystems

Threat:

Cybersecurity threats to connected lighting networks

The expansion of digitally connected streetlight systems exposes city infrastructures to cybersecurity risks. Unauthorized access or malware attacks on lighting control platforms could disrupt public lighting operations or compromise connected IoT devices. Weak encryption or poor network segmentation increases vulnerability to data breaches. Addressing these threats requires robust security frameworks, continuous monitoring, and adherence to global cybersecurity standards, as rising digital dependency makes urban lighting networks potential targets for cyber intrusions.

Covid-19 Impact:

The COVID-19 pandemic temporarily slowed infrastructure projects, delaying many city lighting upgrades due to budget reallocations. However, it also accelerated digital transformation initiatives as municipalities sought cost-effective, remotely controlled lighting solutions for improved operational resilience. SLaaS providers benefitted from heightened awareness of contactless monitoring and maintenance. Post-pandemic recovery efforts and smart city funding programs have revived interest in smart lighting deployments, reinforcing demand for scalable, service-based lighting models that optimize energy and labor efficiency.

The hardware segment is expected to be the largest during the forecast period

The hardware segment is expected to account for the largest market share during the forecast period, owing to the extensive need for smart lighting components such as LED fixtures, sensors, controllers, and gateways. These form the physical foundation of connected streetlight systems and represent the most capital-intensive investment. Rising LED deployment across highways, campuses, and municipalities is fueling hardware replacement cycles, solidifying this segment's dominance in Streetlight-as-a-Service contracts worldwide.

The lighting-as-a-service (LaaS) segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the lighting-as-a-service (LaaS) segment is predicted to witness the highest growth rate, reinforced by the increasing preference for subscription-based lighting models over conventional ownership. Through LaaS, municipalities can deploy and maintain advanced lighting systems without large upfront costs, paying only for operational performance and energy savings. The model's scalability, flexibility, and cost predictability promote widespread adoption across urban infrastructure projects transitioning to smart, sustainable lighting ecosystems.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, ascribed to rapid urbanization, expanding smart city projects, and growing government initiatives to reduce energy consumption. Countries like China, Japan, and India are aggressively deploying LED-based streetlights under energy efficiency missions. The presence of low-cost hardware manufacturers and supportive public-private partnerships further accelerate the region's adoption of service-oriented lighting modernization programs.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR associated with robust smart city infrastructure, favorable energy efficiency policies, and widespread adoption of IoT-based lighting networks. Municipalities in the United States and Canada are leading in public-private collaborations for Streetlight-as-a-Service projects. Strong digital infrastructure, focus on sustainability, and increasing replacement of legacy lighting with connected solutions drive the region's high growth momentum in the coming years.

Key players in the market

Some of the key players in Smart Streetlight-as-a-Service Market include Signify (Philips Lighting), Siemens, Itron Inc., Osram (ams OSRAM), GE Lighting (Savant), Schneider Electric, Acuity Brands, Eaton Corporation, Zumtobel Group, Honeywell, Panasonic, Cree Inc., Telensa Limited, Silver Spring Network, TVILIGHT, Legrand, and Rongwen.

Key Developments:

In August 2025, Signify expanded its Interact City platform with AI-based energy optimization and predictive maintenance features. The upgrade supports municipalities in reducing carbon emissions and improving uptime across smart streetlight networks.

In July 2025, Siemens partnered with a European smart city consortium to deploy edge-enabled streetlight controllers integrated with traffic and pollution sensors. The initiative enhances multi-service urban infrastructure using Siemens' Xcelerator platform.

In June 2025, Itron upgraded its Smart Lighting solution with advanced carbon tracking and adaptive dimming algorithms. The update helps cities meet sustainability goals while improving public safety and reducing energy costs.

Components Covered:

• Hardware
• Software & Platforms
• Connectivity Modules
• Power Supply Systems
• Analytics & Dashboard Solutions
• Services

Service Models Covered:

• Lighting-as-a-Service (LaaS)
• Maintenance-as-a-Service
• Monitoring & Analytics-as-a-Service
• Turnkey Installation & Integration
• Smart Energy Management Services
• Consulting & Design Services

Technologies Covered:

• Narrowband IoT (NB-IoT)
• Zigbee
• Wireless M-Bus
• LoRaWAN
• Cellular/LTE/5G
• RF Mesh

Applications Covered:

• Roadway & Highway Lighting
• Public Parks & Open Spaces Lighting
• Industrial & Commercial Lighting
• Residential Neighborhood Lighting
• Parking Facilities Lighting
• Smart Campus & Institutional Lighting

End Users Covered:

• Municipal Authorities
• Utility Companies
• Private Developers
• Transportation Departments

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Smart Streetlight-as-a-Service Market, By Component

• 5.1 Introduction
• 5.2 Hardware
• 5.3 Software & Platforms
• 5.4 Connectivity Modules
• 5.5 Power Supply Systems
• 5.6 Analytics & Dashboard Solutions
• 5.7 Services

6 Global Smart Streetlight-as-a-Service Market, By Service Model

• 6.1 Introduction
• 6.2 Lighting-as-a-Service (LaaS)
• 6.3 Maintenance-as-a-Service
• 6.4 Monitoring & Analytics-as-a-Service
• 6.5 Turnkey Installation & Integration
• 6.6 Smart Energy Management Services
• 6.7 Consulting & Design Services

7 Global Smart Streetlight-as-a-Service Market, By Technology

• 7.1 Introduction
• 7.2 Narrowband IoT (NB-IoT)
• 7.3 Zigbee
• 7.4 Wireless M-Bus
• 7.5 LoRaWAN
• 7.6 Cellular/LTE/5G
• 7.7 RF Mesh

8 Global Smart Streetlight-as-a-Service Market, By Application

• 8.1 Introduction
• 8.2 Roadway & Highway Lighting
• 8.3 Public Parks & Open Spaces Lighting
• 8.4 Industrial & Commercial Lighting
• 8.5 Residential Neighborhood Lighting
• 8.6 Parking Facilities Lighting
• 8.7 Smart Campus & Institutional Lighting

9 Global Smart Streetlight-as-a-Service Market, By End User

• 9.1 Introduction
• 9.2 Municipal Authorities
• 9.3 Utility Companies
• 9.4 Private Developers
• 9.5 Transportation Departments

10 Global Smart Streetlight-as-a-Service Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Signify (Philips Lighting)
• 12.2 Siemens
• 12.3 Itron Inc.
• 12.4 Osram (ams OSRAM AG)
• 12.5 GE Lighting (Savant)
• 12.6 Schneider Electric
• 12.7 Acuity Brands
• 12.8 Eaton Corporation
• 12.9 Zumtobel Group
• 12.10 Honeywell
• 12.11 Panasonic
• 12.12 Cree Inc.
• 12.13 Telensa Limited
• 12.14 Silver Spring Networks
• 12.15 TVILIGHT
• 12.16 Legrand
• 12.17 Rongwen