According to the new market research report "Commercial Lighting Market with COVID-19 Impact Analysis by Offering (Hardware, Software, and Services), Installation Type (New and Retrofit), End-use Application (Indoor and Outdoor), Communication Technology, and Region – Global Forecast to 2025", published by MarketsandMarkets™, the Commercial Lighting Market is projected to reach USD 21.8 billion by 2025 from USD 8.2 billion in 2020; it is expected to grow at a CAGR of 21.5% during the forecast period.

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