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For POE
LED Lighting Market, North America holds the greatest market share. APAC,
on the other hand, is predicted to develop at the greatest CAGR during the
projection period due to the fast evolving nature of technology and consumer
demands in high-potential markets like China, Japan, South Korea, and
Australia. APAC currently has the highest growth rate. The PoE lighting market
is showing a positive outlook as a result of technological developments, the
rise of new business models, as well as new buildings in the region's
developing cities. The expansion of the commercial and industrial sectors in
APAC will further encourage the use of PoE lighting. The expansion of the PoE
lighting market in the region is also aided by growth in end-use industries and
rising government investment.
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