Lighting as Service (LaaS) Market Provides in-depth analysis of the Industry, with Current Trends and Future Estimations
The latest market research report on Lighting as Service (LaaS) market, samples and measures quality data on the overall business environment for the forecast period 2020-2027. Comprehensive data on growing investment pockets evaluated in the report on Lighting as Service (LaaS) market The Global Lighting as Service (LaaS) Market is predicted to attain a valuation of USD 6.28 billion by the end of 2027, expanding at a CAGR of 46.1% throughout the projected timeframe, according to the recent analysis by Emergen Research. The market predominantly is driven by the augmenting need for cost-efficient and environmentally sustainable lighting solutions. The increasing integration of IoT with lighting systems aims for lower consumption of power across various industrial verticals. However, the service’s subscription program typically offers better overall cost compared to self-installation systems, which is anticipated to restrain the market growth. Read In Depth: https://www.emergenresea...