[December 12, 2017] |
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Telensa Named Global #1 in Smart Street Lighting for Second Consecutive Year
Telensa, the leader in connected street lighting and Smart City
applications, has been named as the global market share leader for the
second year running in an independent study by Northeast Group LLC. The
fourth edition of Global LED and Smart Street Lighting includes
market share data on leading vendors, cost-benefit analyses, case
studies, and 10-year market forecasts for 125 individual countries.
This press release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20171212005123/en/
Telensa Named Global #1 in Smart Street Lighting for Second Consecutive Year (Photo: Business Wire)
By 2027 there will be 363 million streetlights in the world, and smart
streetlighting will account for 29% of them, in a total LED and smart
street lighting market worth $64 billion. The study reveals that Telensa
has retained its market share lead over Silver Spring Netwoks, Philips (News - Alert)
Lighting and Echelon, with almost double the number of deployed smart
streetlight nodes as its nearest competitor.
"Telensa is the global market share leader in smart street lighting,
systems that represent the next wave of large-scale smart city IoT
deployments," said Ben Gardner, president of Northeast Group. "In the
past few years, smart streetlights have progressed from a nascent market
to established early deployments of smart city infrastructure, as cities
across the globe have embraced the technology."
Telensa is behind the world's largest smart streetlighting deployment in
the US, and has been awarded significant new city and regional projects
over the last year, the latest being with Wellington in New Zealand. The
company's revenues have grown by 90% since 2016, and are 3 times those
reported for 2015.
The full report is available from http://www.northeast-group.com
About Telensa
Telensa® makes wireless smart city applications, helping
cities around the world save energy, work smarter and deliver more
joined-up services for their citizens. Telensa PLANet is the world's
most deployed smart streetlight solution, with a footprint of 1.5
million lights. Building on the compelling business case for its smart
streetlighting, the company provides cities and utilities with an open,
low-cost platform to add multiple sensor applications.
Telensa's Low Power Wide Area (LPWA) wireless networks simply attach to
light poles. They can provide city or region-wide coverage in a matter
of days, and are designed to run reliably for decades. The company is
working alongside other leading vendors within ETSI
(the European Telecommunications Standards Institute) to develop
standards for LPWA networks.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171212005123/en/
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