Ann: Origin and Vivid Partner to Deliver Lighting-as-a-Service, page-33

First 33 Last

Share
Profile

Follow
sapporo

473 Posts.

109

14/07/18

19:43

Post #: 34347966
Share

Originally posted by verce ↑

https://www.navigantresearch.com/ne...vice-is-expected-to-reach-2-6-billion-by-2026

According to a new report from Navigant Research, global revenue for lighting as a service (LaaS) in commercial buildings is expected to grow from $663 million in 2017 to $2.6 billion by 2026, a compound annual growth rate of 16.6 percent.

As more lighting products (especially LEDs) and advanced controls come onto the market, and as the internet of things (IoT) continues to expand, the popularity of LaaS is expected to grow, as more and more customers seek the convenience of a third party in managing all aspects of their lighting systems.

According to the report, this shift in business spending is the beginning of a trend that is anticipated to become more common over the next 10 years. Additional market growth is expected to be driven by a maturing LED market, interest in the Internet of Things (IoT) applications, and increases to the bottom line.

According to another report from Zion Market Research ("Lighting as a Service: Global Industry Analysis, Size, Share, Growth, Trends and Forecasts 2016–2024"), the growing demand for energy-efficient lighting is expected to augment the growth of LaaS. In addition, there are government guidelines and regulations for the implementation of energy-efficient lighting systems.

Expand

Its product is demonstrably proven in Australia. Are VIV management capable of cracking the US market is the only question I keep asking myself? Till then, I'm here for the Israeli tech which is the sleeper at the moment.

Gltah

VIV Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

IPX

Frontier Energy bullish on technical changes to WA energy rules

There are more pages in this discussion • 29 more messages in this thread...

First 33 Last

Add VIV (ASX) to my watchlist

Ann: Origin and Vivid Partner to Deliver Lighting-as-a-Service, page-33

Top Stories

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Frontier Energy bullish on technical changes to WA energy rules