Smarter Planet software Innovation markets at $2.2 billion in 2011 are forecast to reach $8.4 billion by 2017. Market growth is anticipated to occur as machine to machine communication of information becomes a reality. Integration systems and systems analytics are evolving to the point where the world can become more automated, safer, and more friendly to people all over the world. Source@ http://www.marketresearchstore.com/report/smarter-planet-software-innovation-market-strategies-shares-and-2396
Global Nano and Micro Satellite Market Research Report: Information by Component (Hardware, Software & Data Processing, Service and Launch Service), Mass (1 kg-10 kg and 11 kg-100 kg), Application (Earth Observation and Remote Sensing, Scientific Research, Communication, Academic Training, Mapping and Navigation, Biological Experiment, Technology Demonstration and Verification and Reconnaissance), End User (Defense, Commercial, Civil, Government, Maritime & Transportation and Energy & Infrastructure) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2024
The global smart street light market size is expected to grow at a significant CAGR of over 19.2% during the forecast period 2020 to 2027. The growing awareness for energy conservation and efficient lighting technique are some major factors to drive the market. Furthermore, the rising demand for energy-efficient lights, the emergence of IoT, and continuous innovation in mobile networks are some other factors to propel the market over the forecast period. In addition, the rising trend of smart cities in developing economies is projected to boost the market. However, privacy and security issues in smart street lighting systems are projected to hinder the market growth in upcoming years.
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