Skip to main content

Upside for Smart City Device Management Solutions

Smart city projects will gain new momentum in 2020 as more municipal government leaders adopt new technologies, such as the Internet of Things (IoT) and Machine to Machine (M2M) communications.

Street lighting is the area where adoption is noteworthy. According to the latest worldwide market study by Berg Insight, the installed base of smart street lights was 10.4 million worldwide at the end of 2018.

Growing at a compound annual growth rate (CAGR) of 24.5 percent, the installed base will reach 31.2 million in 2023.

Smart City Market Development

Global market leadership continues to evolve as new projects are launched. Europe is the leading smart street lighting market accounting for nearly 40 percent of the installed base.

Characterized by a higher degree of utility ownership of street lighting assets, the North American market has seen a more scattered uptake of smart street lighting but is nevertheless home to several of the world’s largest deployments.

North America accounted for around 30 percent of the global installed base in 2018. The Rest of World accounted for 31 percent of the global installed base in 2018 and the Chinese market constitutes a large part of these installations.

The world’s leading smart street lighting vendor is UK-based Telensa which accounted for 14.4 percent of the global installed base of connected endpoints in the third quarter of 2019.

Included in the top three are also Signify and Sensus, of which the latter became a top player within the market in 2017 through its acquisition of the major smart street lighting vendor SELC.

Together, these three vendors account for a third of the global installed base of individually controlled smart street lights. US-based Itron is also a leading player in the networking segment, having acquired Silver Spring Networks in 2018.

Other important smart street lighting vendors include Rongwen Energy Technology Group from China; CIMCON Lighting, Acuity Brands, Current, LED Roadway Lighting and DimOnOff from North America; Lucy Zodion and SSE from the UK; Reverberi Enetec from Italy; Flashnet from Romania and Telematics Wireless from Israel.

"While various proprietary RF mesh or star networks today account for the majority of smart street lighting installations, the adoption of LPWA technologies such as NB-IoT and LoRa is now growing fast, particularly in the European and Asian markets," said Levi Ostling, IoT analyst at Berg Insight.

Outlook for Smart Lighting Deployment Growth

In line with this development, the smart street lighting market is currently undergoing significant transformation and is now entering a new era of competition where the success of vendors will be determined by their ability to establish themselves as competitive providers of communications and management platforms for smart city devices.

"Finding new ways to monetize data from a variety of smart city sensors and devices will be essential for smart street lighting vendors in the next couple of years to avoid becoming mere vendors of commoditized hardware," concluded Mr. Ostling.

Popular posts from this blog

Why Healthcare and Smart City Apps Drive 5G IoT

Fifth-generation (5G) wireless technology for cellular networks is a successor to fourth-generation (4G) wireless technology. By 2023, Juniper Research anticipates that there will be over 1 billion 5G connections globally. The technology will provide the data infrastructure for the advancement of wireless communications and for new developments in the Internet of Things (IoT) -- including smart cities and healthcare. 5G IoT Market Development According to the latest worldwide market study by Juniper Research, 5G IoT connections will reach 116 million globally by 2026 -- that's increasing from just 17 million connections in 2023. Juniper analysts predict that the healthcare sector applications and government or other smart city services will drive this outstanding 1,100 percent growth over the next three years. Juniper examined 5G adoption across key industry sectors -- such as the automotive, mobile broadband, and smart homes -- and forecasts healthcare and smart cities will accoun

How Savvy Leaders Re-Imagine Work in 2023

As we look to the year ahead, there will be significant challenges and opportunities facing the Chief Human Resource Officer (CHRO) role. In order to be successful, savvy HR leaders must be prepared to take proactive steps that adapt and evolve. "HR leaders have faced an increasingly unpredictable environment amid many organizations mandating a return to office, permanently higher turnover and burnt out employees," said Emily Rose McRae, senior director at Gartner . HR Innovation Market Development One of Gartner's key predictions for 2023 is that the use of artificial intelligence (AI) and automation will continue to increase within the enlightened digital workplace. This transition will require HR leaders to develop new skills and competencies in order to effectively manage and lead teams that are increasingly relying on these enabling technologies. Additionally, HR leaders will need to ensure that their organizations are investing in the necessary infrastructure and re

Secure Microcontroller Market to Reach $2.2 Billion

In spite of the volatile global semiconductor industry being plagued by ongoing macroeconomic and political disruption issues, the secure microcontroller (MCU) market should continue to prosper. While the forecasted total available market has contracted -- especially in the smart home, retail, advertising, and supply chain spaces -- secure MCU shipments will likely be temporarily affected.  According to the latest worldwide market study by ABI Research, the secure microcontrollers market will grow to reach $2.2 billion by 2026. Secure Microcontroller Market Development "In part, this is due to the niche nature of security demand which commands a higher value proposition," says Michela Menting, research director at ABI Research . In the short term, potential supply chain issues due to trade embargoes and global COVID-19 pandemic quarantines at manufacturing sites will affect availability. Yet, demand for security, especially in general purpose microcontrollers, will ensure the