Power Over Ethernet Lighting Market – Smart Devices, Nextgen Wireless, Internet of Things (IoT) And Other Smart Deployments That are projected for Rapid Growth
Power Over Ethernet Lighting Market accounted for US$ 256.2 million in 2019 and is estimated to be US$ 5483.2 million by 2029 and is anticipated to register a CAGR of 36.2%. The report " Global Power Over Ethernet Lighting Market, By Offering (Hardware, and Software and Service), By Application (Commercial, Industrial, and Residential), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029” . Key Highlights: · In February 2016, Cisco Systems, Inc. collaborated with Koninklijke Philips N.V., a Dutch technology solution provider. With increased sales of smart lighting solutions, both the companies witnessed a hike in profitability as the former company provided networking gears and the latter offered commercial lighting solutions. · SpiceBox, an advanced form of POE control Module was launched in 2017 by NuLEDs, Inc. SpiceBox is a device used for networking and has