North America Smart Pole Market Size & Outlook, 2023-2030
North America Smart Pole Market, 2017-2030 (US$M)
Global Market
Related Markets
North America smart pole market highlights
- The North America smart pole market generated a revenue of USD 3,054.0 million in 2023.
- The market is expected to grow at a CAGR of 18.1% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 3,054.0 million |
| Market revenue in 2030 | USD 9,782.8 million |
| Growth rate | 18.1% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Service |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Service |
| Key market players worldwide | Wolfspeed Inc, Eaton Corp PLC, Adesto Technologies, Portland General Electric Co, Siemens AG, Signify NV, Silver Spring Networks, Telensa, Wipro Ltd ADR, Zumtobel Group AG ADR |
Other key industry trends
- In terms of revenue, North America region accounted for 28.9% of the global smart pole market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 13,628.9 million by 2030.
The North American region is characterized by the presence of developed economies such as the U.S. and Canada. The organizations operating in the region have showcased early and rapid adoption of innovative smart pole systems. Furthermore, the increasing number of private infrastructure companies in the region is expected to contribute to the growth of the regional market.
The continuing research & development activities in the region for the introduction of smart poles equipped with electric vehicle charging systems are contributing to the regional market growth. U.S. is one of the early adopters of smart pole systems owing to the advent of smart cities projects in the country.
It has been one of the leading countries in the world in terms of smart cities projects covering aspects related to parking, environmental monitoring, streetlights, auto traffic monitoring, and public safety. All these factors are expected to contribute to the growth of the country’s market over the forecast period.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Three ways to get this data
Subscribe to the databook, customize it, or ask a question.Horizon Databook
Unlock every chart on this page and get dashboard access
- Statistics1.2M+ across all markets
- Databooks30K+ global, 120K+ country
- Companies200K+ profiles
- ExportPDF, Dashboard, XLS & PNG, licensed to cite
Customize it
Customize data as per your requirement
- AddCountries, segments, years
- RecutTo your product definition
- ExtendCompany-level detail
- OrA bespoke databook
- Turnaround5–10 working days
Ask Prism AI
A cited answer in seconds
- Corpus30,000 studies, 1.2M points
- ScopeAll markets, not just this
- CitationTraced to report & table
- HonestySays "not covered" if so
- SpeedSeconds, not days
Smart Pole Market Scope
Smart Pole Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Siemens AG | View profile | 321,000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | www.siemens.com |
| Wipro Ltd ADR | View profile | 244,707 | Sarjapur Road, Doddakannelli, Bangalore, KA, India, 560 035 | www.wipro.com |
| Portland General Electric Co | View profile | 2,842 | 121 South West Salmon Street, Portland, OR, United States, 97204 | www.portlandgeneral.com |
| Wolfspeed Inc | View profile | 4,802 | 4600 Silicon Drive, Durham, NC, United States, 27703 | www.wolfspeed.com |
| Eaton Corp PLC | View profile | 94,000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | www.eaton.com |
| Signify NV | View profile | 31,920 | High Tech Campus 48, Eindhoven, Netherlands, 5656 AE | www.signify.com |
| Zumtobel Group AG ADR | View profile | 5,500 | Hochster Strasse 8, Dornbirn, Austria, A-6850 | z.lighting/en |
| Adesto Technologies | View profile | 101-250 | Santa Clara, California, United States, North America | www.adestotech.com |
| Silver Spring Networks | View profile | 501-1000 | Redwood City, California, United States, North America | www.silverspringnet.com/ |
| Telensa | View profile | 101-250 | Pampisford, Cambridgeshire, United Kingdom, Europe | www.telensa.com/ |
North America Smart Pole Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Smart Pole Market Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 56.73% in 2023.
Horizon Databook has segmented the North America smart pole market based on hardware, software, service covering the revenue growth of each sub-segment from 2017 to 2030.
The North American region is characterized by the presence of developed economies such as the U.S. and Canada. The organizations operating in the region have showcased early and rapid adoption of innovative smart pole systems. Furthermore, the increasing number of private infrastructure companies in the region is expected to contribute to the growth of the regional market.
The continuing research & development activities in the region for the introduction of smart poles equipped with electric vehicle charging systems are contributing to the regional market growth. U.S. is one of the early adopters of smart pole systems owing to the advent of smart cities projects in the country.
It has been one of the leading countries in the world in terms of smart cities projects covering aspects related to parking, environmental monitoring, streetlights, auto traffic monitoring, and public safety. All these factors are expected to contribute to the growth of the country’s market over the forecast period.
- North America Smart Pole Market Component Outlook (Revenue, USD Million , 2017-2030)
- Hardware
- Software
- Service
- North America Smart Pole Market Installation Type Outlook (Revenue, USD Million , 2017-2030)
- New Installation
- Retrofit Installation
- North America Smart Pole Market Application Outlook (Revenue, USD Million , 2017-2030)
- Highways and Roadways
- Public Places
- Railways and Harbors
Reasons to subscribe to Smart Pole Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Smart Pole Market Outlook databook
- Our clientele includes a mix of Smart Pole Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America Smart Pole Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Smart Pole Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
North America Smart Pole Market, 2017-2030 (US$M)
North America smart pole market statistics, by component, 2017-2030 (US$M)
