Smart street lights in the future billions of market scale

Since 2008, the concept of 'smart city' has been put forward. The industry has made unremitting explorations of the construction of smart cities from the technical level, application level, effect level, and implementable methods, but at present, the development of smart cities is not so it is good. Smart street lights are the first site in the construction of smart cities and a very basic part of the construction of smart cities and the construction of the Internet of Things in cities. The market space has unlimited prospects. The current smart street lights can already achieve multiple functions such as smart lighting, information release, monitoring, wireless networks, charging piles, and emergency calls. In 2017, the scale of my country's smart city market reached 6 trillion yuan, and the average annual compound growth rate for the next five (2017-2021) is about 32.64%. The market size will reach 18.7 trillion yuan in 2021, which will be the first important part of the construction of smart cities. , The scale of the global smart street lamp market is also very objective. It is estimated that the global smart street lamp market will exceed 50 billion yuan in the next three years. Due to urbanization and the development of smart cities, the Chinese market is expected to exceed 20 billion yuan. It can be seen that the cake of the smart street lamp market in the future is very large, which is a new opportunity for the traditional lighting industry that is gradually becoming less profitable.
It can be seen that smart street light poles are a new huge blue ocean new market, and the future market space is very broad and very clear, bringing considerable market space and unlimited possibilities to all newly-entered listed companies.