Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1976.42 Million | USD 4351.69 Million | 10.43% | 2022 |
The global power over ethernet (PoE) solutions market size was worth around USD 1976.42 Million in 2022 and is predicted to grow to around USD 4351.69 Million by 2030 with a compound annual growth rate (CAGR) of roughly 10.43% between 2023 and 2030. The report analyzes the global power over ethernet (PoE) solutions market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the power over ethernet (PoE) solutions industry.
PoE solutions combine power and data over ethernet, thereby providing power supply to network equipment. It provides electricity to VoIP devices, RFID readers, remote IP security cameras, motion detectors, wireless LAN access points, and motion detectors. In the past, firms used to install a separate cable network for transmitting of power and data. However, it resulted in high maintenance & operational expenses. For minimizing the expenses, firms started to make use of PoE cables.
The market is likely to gain traction over the years to come due to the massive requirement of deploying power cables at each endpoint for providing incessant power supply to households and offices. Apart from this, the PoE system assists in centralizing power in one location and offer high-speed connection aiding a large number of wireless equipment in various business environments. PoE solutions also support IoT ventures like smart grid schemes, smart constructions, and smart cities. Additionally, the creation of novel standards that extend the support to novel network equipment will further accelerate the expansion of the power over ethernet (PoE) solutions market. Moreover, regulatory authorities are trying to bring constant changes in the existing protocols & standards and this will result in large-scale acceptance of power over ethernet solutions in myriad industries. PoE solutions help in offering gigabit connection to net connected equipment and connected technologies. This aspect will further spur the growth of power over ethernet (PoE) solutions market over the review period.
The power over ethernet (PoE) solutions market is sectored into type, device, application, and end use. In terms of type, the power over ethernet (PoE) solutions industry is divided into power sourcing equipment and powered equipment. In terms of device, the market is classified into ethernet switches &injectors, wireless radio access points, IP cameras, and VoIP phones. Application wise, the market is segregated into lighting control, IoT connectivity, infotainment, and security & access control. In terms of end use, the power over ethernet (PoE) solutions market is segmented into commercial, residential, and industrial sectors.
Report Attributes | Report Details |
---|---|
Report Name | Power over Ethernet (PoE) Solutions Market Research Report |
Market Size in 2022 | USD 1976.42 Million |
Market Forecast in 2030 | USD 4351.69 Million |
Growth Rate | CAGR of 10.43% |
Number of Pages | 214 |
Key Companies Covered | Advantech Co. Ltd., NETGEAR Inc., Kinetic Technologies Holdings Limited, Analog Devices Inc., Avaya Inc., STMicroelectronics N.V., Belden Inc., Broadcom, Cisco Systems Inc., Huawei Technologies Co., Dell Technologies Inc., Silicon Laboratories Inc., Euromicron AG, CommScope Holding Company, HPE Ltd, ON Semiconductor Corp., and Texas Instruments Inc. |
Segments Covered | By Type, By Device, By Application, By End Use, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Region wise, the power over ethernet (PoE) solutions market can be divided into five main regions: Europe, Asia Pacific, Latin America, North America, and the Middle East and Africa. The power over ethernet (PoE) solutions market in North America is anticipated to contribute majorly towards overall market progression in the coming years. The growth can be attributed to the multiplication of connected devices as a result of the onset of industry 4.0. Apart from this, the rise in the usage of wireless equipment like smartphone & iPhone as well as network-connected equipment such as routers, gateways, and hubs will prompt the regional market expansion. Furthermore, the large-scale presence of PoE solution providers in countries such as the U.S. and Canada will propel the regional market trends.
The European market is also projected to experience a humongous growth over the estimated timespan, subject to favorable government policies steering the acceptance of the PoE solutions. Moreover, Industrial automation most prominently witnessed across the manufacturing sector in countries such as Germany and the UK will augment the scope of the business in the European continent.
Few of the main participants in power over ethernet (PoE) solutions market include:
By Type
By Device
By Application
By End Use
By Region
What Reports Provides
FrequentlyAsked Questions
PoE solutions combine power and data over ethernet, thereby providing power supply to network equipment. It provides electricity to VoIP devices, RFID readers, remote IP security cameras, motion detectors, wireless LAN access points, and motion detectors.
The global power over ethernet (PoE) solutions market size was worth around USD 1976.42 Million in 2022 and is predicted to grow to around USD 4351.69 Million by 2030.
The CAGR value of the power over ethernet (PoE) solutions market is expected to be around 10.43% during 2023-2030.
The power over ethernet (PoE) solutions market in North America is anticipated to contribute majorly towards overall market progression in the coming years.
Some of the key players operating in the power over ethernet (PoE) solutions market include Advantech Co., Ltd., NETGEAR Inc., Kinetic Technologies Holdings Limited, Analog Devices Inc., Avaya Inc., STMicroelectronics N.V., Belden Inc., Broadcom, Cisco Systems Inc., Huawei Technologies Co., Dell Technologies Inc., Silicon Laboratories Inc., Euromicron AG, CommScope Holding Company, HPE Ltd, ON Semiconductor Corp., and Texas Instruments Inc.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed