Smart Pole Market Size, Growth Report, 2022-2032

Kiransingh14 Apr, 2022Technology

The global smart pole market was valued at US$ 8 Bn in 2021, and is expected to increase at a whopping CAGR of 21% during the 2022-2032 forecast period. This industry is projected to reach a market size worth US$ 65.12 Bn by 2032. During the end of 2022, this market observed a rise in their growth and is thus can be expected to reach a market valuation of US$ 65.12 Bn by 2022. Smart poles can prevent traffic jams and accidents, as well as the growing need for energy-efficient streetlights and government initiatives for developing smart cities. This is what accounts for the market growth.