HeraldCourier.com – Ethernet Switches Market Grows in Tandem with POE Lighting Technology – A Myth or a Certainty? Technavio
LONDON–(BUSINESS WIRE)–Sep 15, 2018–With the ability to carry electrical power and data through a single cable, the Power over Ethernet (PoE) technology is rapidly emerging in the lighting sector. Many LED lighting manufacturers are embracing PoE technology and this trend is expected to gain traction over the years. PoE technology provides advantages such as reduced installation cost and time, safety, and agility.
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According to Technavio report, the growth momentum of the global industrial Ethernet switches market is expected to accelerate at a CAGR of over 10% through 2022. (Graphic: Business Wire)
The recently concluded 2018 BICSI Fall Conference & Exhibition, presented a session on the theme titled, ‘PoE Lighting: Unleashing IoT and Opportunity in the ICT Industry’. In this session, Dave Valentukonis and Bob Allan from The Siemon Company and Harry Aller from Innovative Lighting spoke about how through Ethernet communications and integration with other Internet of things (IoT) applications, PoE lighting has the potential to cut energy costs and improve safety and comfort. Read more here.
