Smart Pole Market to Grow with a CAGR of 17.79% Globally through to 2028
Smart Pole is increasing due to growing emphasis on
smart city infrastructure and sustainability in the forecast period, 2024-2028.
According to TechSci Research report, “Global Smart
Pole Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2028 Global Smart
Pole market has witnessed tremendous growth in recent years, reaching a
valuation of USD 7.27 billion in 2022. The market is projected to continue its
strong upward trajectory, posting a CAGR of 17.79% from 2024 to 2028.
Global Smart Pole market has witnessed significant
growth driven by increasing digital transformation across the transportation
sector. Critical industries such as public transit, toll roads, parking
facilities and rail networks have increasingly relied on Smart Pole solutions
to optimize operations, improve passenger experiences and strengthen service
delivery.
Transportation authorities are under growing pressure
to enhance efficiency, reduce emissions and offer seamless commuter
experiences. This has compelled large-scale investments in technologies like
Smart Poles. Advanced Smart Pole platforms now integrate capabilities such as
open payment solutions, predictive demand modeling and customized reporting.
Smart Pole providers continue advancing offerings in
areas like IoT sensor integration, multi-modal trip planning and real-time
analytics. This ensures secure, scalable and interoperable solutions aligned
with industry standards. The growing reliance on data-driven decision making
across mobility networks indicates Smart Poles will play an increasingly
important role in optimizing resource allocation and service delivery.
Ongoing innovation and partnerships with technology
specialists are expected to sustain the momentum of the Smart Pole market. The
long-term outlook remains positive as investments in smart infrastructure and
analytics-powered sustainability initiatives increase globally. This will
propel further demand for advanced Smart Pole platforms and solutions..
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The global Smart Pole market is
segmented by hardware, software, application and region.
By hardware, the market is segmented
into lighting lamps, pole brackets and pole bodies, communication devices,
controllers and other hardware. The lighting lamp segment currently dominates
due to the critical illumination role of smart lighting solutions.
By software, the market is segmented
into smart pole management software, data analytics software and other
software. The data analytics software segment dominates as it helps extract
valuable insights from sensor data to optimize operations.
By application, the key segments include
highways & roadways, public places, railways & harbors, smart campuses
and other applications. Public places have the largest share as smart
infrastructure improves safety and urban management.
Regionally, the Asia Pacific Smart Pole
market has the highest value share due to rapid infrastructure growth.
Going forward, the communication devices
and data analytics software segments are expected to grow the fastest. Emerging
technologies will boost communication capabilities while analytics drives
efficiency.
Overall, the Smart Pole market is
growing rapidly due to the rising focus on smart cities and
sustainability-driven investments across industries. Advanced solutions for
applications ranging from transportation to environmental monitoring are
spurring global market expansion.
Major companies operating in Global Smart Pole
Market are:
- General Electric
- Philips Lighting Holding B.V.
(Signify)
- Telensa Ltd
- Acuity Brands, Inc
- Zumtobel Group AG
- Virtual Extension Ltd
- Mobile Pro Systems
- Goldspar Australia Pty Ltd.
- Lumca Inc
- Sunna Design
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“The global Smart Pole market has witnessed
significant growth fueled by increasing digital transformation across the
transportation sector. Critical industries such as public transit, toll roads,
parking facilities and rail networks have increasingly relied on advanced Smart
Pole solutions to optimize operations, improve passenger experiences and
strengthen service resilience.
Smart Pole platforms provide real-time access to
centralized metrics on ridership patterns, revenue collection, operational
costs and analytics dashboards. This allows transportation authorities to
generate predictive insights, automate fare collection processes, ensure
regulatory compliance and extract more value from existing infrastructure
investments. Such solutions help customize strategies, streamline workflows and
governance, and facilitate cross-departmental collaboration.
Leading public transit agencies have partnered with
major Smart Pole vendors to digitally transform their fare management
infrastructure and analytics capabilities. The integrated systems offer
improved visibility of transportation networks, situational awareness through
customized interfaces, and support achievement of strategic goals like reducing
congestion and increasing ridership.
Smart Pole providers continue advancing capabilities
in areas like predictive demand forecasting, multi-modal trip planning, open
payment integration and sustainability reporting. This ensures secure, scalable
and interoperable solutions for diverse needs across regional and national
transportation networks.
Ongoing innovation and growing reliance on data-driven
decision making indicate Smart Poles will play an increasingly important role
in optimizing operational efficiency, resource allocation and service delivery
across the transportation sector. Partnerships with technology providers and
alignment with industry standards are expected to sustain the high momentum of
this market. The long-term outlook for data-driven optimization and
sustainability powered by Smart Poles remains positive as digital transformation
continues to reshape operational models in transportation.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based management
consulting firm.
“Smart
Pole Market by Industry
Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Smart
Pole Market Segmented
By Hardware (Lighting lamp, Pole bracket and pole body,
Communication device, Controller, Other hardware) By Software (Smart pole management software, Data
analytics software, Other software) By Application (Highways and roadways, Public places,
Railways and harbors, Smart campuses, Other applications) By
Region, By Competition”, has evaluated the future growth potential of Global
Smart Pole Market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Smart Pole Market.
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