Power Over Ethernet (PoE) Lighting Market Expected to Reach $11.3 Billion By 2032| Allied Market Res
The global power over ethernet (POE) lighting market was valued at $0.7 billion in 2022, and is projected to reach $11.3 billion by 2032, growing at a CAGR of 31.6% from 2023 to 2032.
Power over Ethernet (PoE) lighting is a technology that allows the transmission of both power and data over Ethernet cables. With PoE lighting, electrical power is delivered to lighting fixtures through standard Ethernet cables, eliminating the need for separate power cables.