The Rising Star: Power Over Ethernet Lighting Market Trends and Predictions
The Power Over Ethernet (PoE) Lighting Market is anticipated to grow from USD 243 million in 2021 to USD 922 million by 2026, at a robust CAGR of 30.6% during the forecast period. This rapid growth is driven by the increasing adoption of PoE technology for its energy efficiency and cost-saving benefits in commercial and industrial settings. PoE lighting simplifies the installation process by using a single cable for both power and data, enhancing operational flexibility and reducing infrastructure costs. Additionally, the rising demand for smart building solutions and the integration of IoT in lighting systems are propelling market expansion, as PoE lighting offers advanced features such as remote control, real-time data analytics, and improved energy management. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=87276526 North America currently holds the largest market share for Power Over Ethernet (PoE) lighting, driven by widespread ad...