Press release

Juniper Research: Smart City Street Lighting Innovation to Realise $15 Billion in Energy Savings

Sponsored by Businesswire

New data from Juniper
has revealed that smart street lighting deployments will
realise $15 billion in cumulative energy savings for cities to 2023.
These will be achieved as a result of converting lamps to
energy-efficient LEDs as well as the addition of connectivity to monitor
and control the status of each individual light; saving up to 50% energy
per light.

Juniper’s new research, Smart
Cities: Leading Platforms, Segment Analysis & Forecasts 2019-2023

found that connected street lights are set to grow on average by
42% per annum between 2019 and 2023; reaching close to 70 million units
by the end of the forecast period. It argued that growing open platform
adoption would enable street lighting to act as a major hub point for
additional smart city services, such as public safety and smart

For more insights, download our free whitepaper: The
Future of Lighting & Urban Mobility in Smart Cities

Siemens Tops Smart City Platform Vendors

As part of this new research, Juniper has ranked the industry’s leading
smart city platform vendors:

1. Siemens

2. Oracle

3. IBM

4. Huawei

5. Itron

Juniper found that Siemens’ MindSphere platform, coupled with its City
Performance Tool
and recent Mendix acquisition represents a
compelling offering. In addition, the company is able to offer
significant market vertical expertise to aid in service launches.
Meanwhile, Oracle is able to offer a broadly capable platform in
addition to extensive worldwide smart city deployment experience.

Open Platform Approaches Gather Steam

The research found that many cities are now moving away from point
solutions, towards platform procurement. It argued that street lighting
platforms would serve as the entry point for a number of cities looking
to deploy smart city projects.

“The cost savings enabled by smart street lighting mean that many
cities will look to this as a first-stage smart city project”
remarked research author Steffen Sorrell. “Choosing an open platform
will be key here, as additional services can be launched from the same
point, while simulataneously driving up third party vendor competition.”

Juniper Research provides research and analytical services to the global
hi-tech communications sector; providing consultancy, analyst reports
and industry commentary.