Lighting as a Service (LaaS) Market is Set to Surge – Here’s Why 2025–2033 Will Be Transformational
As sustainability and smart infrastructure take center stage, Lighting as a Service (LaaS) is quickly emerging as a game-changer in the global energy and facilities management ecosystem.
According to recent market analysis, the LaaS market was valued at USD 1.1 billion in 2024 and is projected to reach USD 3.9 billion by 2033, growing at a CAGR of 17.2% during 2025–2033. This remarkable growth reflects the rising demand for energy-efficient lighting, smart building automation, and CAPEX-light solutions.
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