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Falling prices for LED street lights have spurred a global transition from older lamp technologies to the newer, more efficient, and more controllable lamp technology. Although the LED transition is in large part driving the adoption of new networked street light systems, most LED upgrades continue to be completed without any additional controls beyond simple photocells. However, a growing number of large-scale networked systems have proven that networked systems can work and can provide real benefits. This Navigant Research report analyzes and forecasts that global street lighting revenue will decline from $2.5 billion in 2014 to $2.3 billion in 2023.