Times & Trends: What’s Old is New Again

Lighting as a Service (LaaS) is actually an old concept quite similar to the performance contracts ESCOs have engineered for years.

Lighting as a Service (LaaS) is getting lots of play in lighting circles, with consultants predicting all sorts of massive growth. Navigant Research pegs the market at $35.2 million and says it will grow to $2.6 billion by 2025.

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TAGS: Lighting
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