Updates on size, trend, players, and projects in the MENA region
In 2019, the lighting market in the MENA region has grown especially in North Africa, reaching a size of around US$ 3.3 billion. As a general rule, most of the upper-end market is managed by European and US brands.
The outdoor segment has emerged has the most promising one for IoT applications.
Analyzing over 500 lighting companies, it has emerged that outdoor market is the one with the greatest potential for smart connected lighting applications, especially in the form of street lighting and smart cities.