Global Lighting As A Service Market Size & Outlook

The global lighting as a service market size was estimated at USD 2,564.5 million in 2024 and is projected to reach USD 35,130.7 million by 2033, growing at a CAGR of 34.8% from 2025 to 2033.
Revenue, 2024 (US$M)
$2,564.5
Forecast, 2033 (US$M)
$35,130.7
CAGR, 2025 - 2033
34.8%
Report Coverage
Worldwide

Global lighting as a service market, 2021-2033 (US$M)

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Global lighting as a service market highlights

  • The global lighting as a service market generated a revenue of USD 2,564.5 million in 2024 and is expected to reach USD 35,130.7 million by 2033.
  • The market is expected to grow at a CAGR (2025 - 2033) of 34.8% by 2033.
  • In terms of segment, luminaries and controls accounted for a revenue of USD 2,330.5 million in 2024.
  • Software & Communication Systems is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.

Global data book summary

Market revenue in 2024USD 2,564.5 million
Market revenue in 2033USD 35,130.7 million
Growth rate34.8% (CAGR from 2025 to 2033)
Largest segmentLuminaries and controls
Fastest growing segmentSoftware & Communication Systems
Historical data covered2021 - 2023
Base year for estimation2024
Forecast period covered2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationLuminaries and Controls, Software & Communication Systems, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 40.7% of the global lighting as a service market in 2024.

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Lighting as a Service Market Companies

Name Profile # Employees HQ Website
ARQUILED View profile 51-100 Lisbon, Lisboa, Portugal, Europe https://www.arquiled.com/
TellCo Europe View profile 11-50 Agno, Ticino, Switzerland, Europe https://tellco-europe.com
LUMENSTREAM View profile 1-10 Belfast, Belfast, United Kingdom, Europe https://www.lumenstream.com/
Trilux View profile 1001-5000 Boreham, Essex, United Kingdom, Europe https://www.trilux.com
US LED View profile 51-100 Houston, Texas, United States, North America http://usled.com
LED Solutions View profile 1-10 Brooklyn, New York, United States, North America https://www.ledsolutionsny.com
Facility Solutions Group View profile 11-50 Fenton, Missouri, United States, North America https://www.fsg-stl.com
Airis Energy Solutions View profile 11-50 Miami, Florida, United States, North America https://airisenergy.us
Stouch Lighting Inc View profile 1-10 Aston, Pennsylvania, United States, North America https://www.stouchlighting.com
Future Energy Solutions View profile 51-100 Fort Lauderdale, Florida, United States, North America http://www.feslighting.com/
Signifyd View profile 501-1000 San Jose, California, United States, North America https://www.signifyd.com/
ESB View profile 1001-5000 Dublin, Dublin, Ireland, Europe http://www.esb.ie
Urban Volt View profile 11-50 Dublin, Dublin, Ireland, Europe http://urbanvolt.com
Firefly Global View profile 11-50 Belmont, Massachusetts, United States, North America https://fireflyglobal.com/

Global lighting as a service 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 lighting as a service market will help companies and investors design strategic landscapes.


Luminaries and controls was the largest segment with a revenue share of 90.88% in 2024. Horizon Databook has segmented the Global lighting as a service market based on luminaries and controls, software & communication systems, services covering the revenue growth of each sub-segment from 2021 to 2033.


  • Global Lighting as a Service Component Outlook (Revenue, USD Million, 2021-2033)
    • Luminaries and Controls
    • Software & Communication Systems
    • Services
  • Global Lighting as a Service Application Outlook (Revenue, USD Million, 2021-2033)
    • Indoor
    • Outdoor
  • Global Lighting as a Service End Use Outlook (Revenue, USD Million, 2021-2033)
    • Commercial
    • Industrial
    • Municipal

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Target buyers of Global lighting as a service market databook

  • Our clientele includes a mix of lighting as a service market 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 global-level data and insights on the Global lighting as a service market , including forecasts for subscribers. This global databook contains high-level insights into Global lighting as a service market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Global lighting as a service market size, by regions, 2021-2033 (US$M)

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