Sweden-based independent consultancy and analyst Berg Insight recently published the first edition of The Global Smart Street Lighting Market, a strategic report that analyzes the latest trends in the international Smart Lighting market.
The report offers through its 70 pages exclusive insights of interviews with leading companies’ executives, summaries on the current state of Smart Lighting technologies, profiles of the most influential companies and players in the market, market forecasts by region and technology lasting until 2025, and in-depth analysis of the latest market and industry developments.
Berg Insight has profiled Wellness TechGroup as a major player in the Smart Lighting market. The Andalusian company appears in this report with its solution for the intelligent remote management of the public lighting network WeLight Smart Lighting.
Wellness TechGroup was also present in the second edition of Smart Cities: Connected Public Spaces, a Berg Insight report on developments and advances of the latest developments on the global smart street lighting, smart parking, smart waste collection, air quality monitoring and smart city surveillance markets.
According with this report, the global installed base of individually controlled smart street lights amounted to 16.2 million units at the end of 2020. Growing at a CAGR of 24.8 percent, the number will reach 48.8 million in 2025. Europe is the leading adopter and today accounts for around 35 percent of the global installed base. North America is the second largest market while China and the Rest of World region currently constitutes the fastest growing markets.
Berg Insight offers premier business intelligence to the telecom industry. The consulting firm produces concise reports providing key facts and strategic insights about pivotal developments in our focus areas. Berg Insight also offers detailed market forecast databases and advisory services. Its vision is to be the most valuable source of intelligence for our customers.