According to Stratistics MRC, the Global Smart Pole market is accounted for $10.94 billion in 2020 and is expected to reach $54.02 billion by 2028 growing at a CAGR of 22.1% during the forecast period. Some of the key factors propelling the market growth include rising need for reducing traffic jams and preventing accidents, growing government initiatives for smart cities, and increased demand for technologically advanced solutions for pole lighting systems. However, high initial cost is restricting the market growth.

Smart poles are recognized as intelligent light poles mainly focused as they’re deployed using the solar-powered energy generation units for their working as this will enable the deployment of the smart poles in remote areas like an architectural location. It features technology to improve mobile network recital across the city and give diverse benefits, such as public announcement speakers, internet connectivity, and charging points, to help citizens in public places.

By installation type, the retrofit installation segment is projected to grow at the significant rate during the forecast period, due to the smart city initiatives being pursued by diverse governments to install digital signage, security cameras, Wi-Fi hot spots, and environment monitoring systems on existing light poles.

On the basis of geography, Asia Pacific region is expected to have considerable market growth during the forecast period, due to the high-speed Wi-Fi and environment sensors, development of several smart cities in the emerging economies, and growing government initiatives in countries to expedite the substitute of traditional pole systems with smart pole systems to decrease the load of energy utilization by the street lights by 40%.

Some of the key players in Smart Pole Market include Acuity Brands, Inc., Mobile Pro Systems, Philips Lighting Holding B.V., Valmont Structures Pvt. Ltd, Zumtobel Group AG, Virtual Extension Ltd., General Electric Company, Syska LED Lights Private Limited, Siemens, Cree, Inc., Ericson, Hubbell Incorporated, Neptun Light, Inc., Eaton Corporation PLC, Wipro, and Telensa Limited

Installation Types Covered:

  • Retrofit Installation
  • New Installation



Components Covered:

  • Services
  • Software
  • Hardware



Sales Channels Covered:

  • Distributor
  • Direct Sales



Applications Covered:

  • Public Places
  • Highways and Roadways
  • Railways and Harbors



Regions Covered:

  • North America
  • ·US
  • ·Canada
  • ·Mexico
  • Europe
  • ·Germany
  • ·France
  • ·Italy
  • ·UK
  • ·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 2019, 2020, 2021, 2025 and 2028
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
  • 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



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