The lighting-as-a-service market size was valued at $694.68 million in 2021, and is estimated to reach $11.8 billion by 2031, growing at a CAGR of 33.1% from 2022 to 2031. Lighting as a service is an all-inclusive subscription-based pricing model geared at making LED lighting an option for any business owner, facility manager, or service …
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Lighting-as-a-Service Market Insights, Value, Company Profiles, Forecast to 2031
According to the report, the global lighting-as-a-service market is estimated to generate $694.7 million in 2021 and $ $11.8 billion by 2031, witnessing a CAGR of 33.1% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. Increase in …
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Lighting-as-a-Service Market Growth Opportunities and Future Scope by 2031
Increase in adoption of lighting-as-a-service products, cost & energy saving properties of lighting-as-a-service, government policies and regulations regarding the adoption of energy efficient lighting systems, the convergence of IoT (Internet Of Things) and lighting systems, the development of smart cities, and improving economic conditions fuel the growth of the global Lighting-as-a-Service Market. On the other …
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