Base Year
Historical Year
Forecast Year
The global power over ethernet (PoE) market is projected to grow at a CAGR of 13% between 2024 and 2032, reaching a value of around USD 3.03 billion by 2032.
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The rapid industrialization across the globe has necessitated infrastructure development for cost-effective, flexible internet-operated systems. Transitioning to cloud-based, IoT-driven operations propels the PoE market, fuelled by rapid technological advancements like IoT, reshaping industry norms towards digitalization and efficiency.
Furthermore, significant governmental investments in smart infrastructures are pivotal in propelling the market growth. Moreover, governmental efforts targeting energy optimization are anticipated to bolster market expansion, especially through the adoption of energy-efficient PoE solutions in high-power devices and lighting systems.
As per the 2022 PIB report, the power over the Ethernet (PoE) market is driven by technologically adept Indian youth, leveraging enhanced technology accessibility. In the last eight years, broadband users surged from 60 million to 810 million, and smartphone users rose from 150 million to 750 million.
Compatibility and integration, incorporation into building automation systems, the rise of power over ethernet (PoE) illumination solutions, and mergers and technological advancements are the major trends impacting the power over ethernet (PoE) market growth.
April 23, 2024
NETGEAR introduced an upgrade to its popular GS305PP 5-Port PoE Gigabit Switches, catering to evolving Soho needs with increased power capabilities, offering up to 83W of PoE budget across four ports.
January 5, 2024
Ikan's Lyra PoE studio lights debuted, utilising a single RJ45 Cat6 cable for power and DMX control, simplifying studio setups and reducing cable clutter. The new range includes 1x1 and low-profile options, supporting Art-Net or sACN.
November 10, 2023
Bel Fuse broadened its range of single-port MagJack integrated connector modules (ICMs), supporting 10G, NBase-T, 60W, and 100W PoE, catering to diverse applications such as industrial controllers, video cameras, and Wi-Fi access points.
September 21, 2023
ABB launched flowmeters with enhanced data transmission for process industries, cutting complexity and installation expenses. These flowmeters combined Power Over Ethernet with ProfiNet, reducing errors and providing precise real-time data for control systems.
Compatibility and integration
Standardising PoE tech and ensuring device compatibility across vendors fosters market growth and enhances its maturity through interoperability efforts.
Incorporation into building automation systems
PoE's integration with building automation, like smart lighting and HVAC, boosts its use in commercial and industrial domains, advancing adoption.
Rise of power over ethernet (PoE) illumination solutions
PoE-driven lighting setups provide benefits in energy conservation, scalability, and management, driving their utilisation in commercial spaces, workplaces, and intelligent residences.
Mergers and technological advancements
In the PoE sector, major players are consolidating, while ongoing innovation enhances product capabilities, performance, and compatibility with new technologies.
Rapid expansion characterises the market for power over ethernet (PoE), driven by IoT device proliferation and wireless connectivity demands. PoE's streamlined power and data integration facilitate installations, bolstering VoIP and IP surveillance expansion.
Enhanced energy efficiency, exemplified by the IEEE 802.3bt standard, meets the escalating power needs of devices like PTZ cameras and high-capacity access points.
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“Power Over Ethernet (PoE) Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Application
Market Breakup by Region
Commercial applications dominate the market, as PoE can streamline installations by eliminating the requirement for separate power outlets, thus reducing time and costs for devices such as IP cameras, wireless access points, and VoIP phones.
PoE streamlines commercial installation, offers flexibility, centralizes management, improves energy efficiency, and enhances safety, reducing costs, enabling scalability, enhancing control, conserving energy, and promoting workplace safety.
Residential PoE simplifies networking, saves costs, offers flexibility, provides remote control, and ensures safety, enhancing convenience, cutting expenses, enabling adaptability, offering remote access, and ensuring safety at home.
The corporations leading in internet networking offer solutions that are vital across businesses, educational institutes, government, and household sectors.
Maxim Integrated Products, Inc., founded in 1983 and located in San Jose, California, is a leading supplier of analogue and mixed-signal integrated circuits for various applications.
Linear Technology Corporation, established in 1981 and headquartered in Milpitas, California, designs, manufactures, and markets analogue integrated circuits for diverse industries, particularly focusing on power management solutions.
Texas Instruments Inc., tracing its roots back to 1930 and based in Dallas, Texas, is a globally recognized semiconductor company renowned for its extensive portfolio encompassing analogue and digital technologies.
Broadcom Ltd., founded in 1961 and situated in San Jose, California, is a multinational semiconductor company specializing in the design and provision of a wide range of semiconductor and infrastructure software solutions.
Other player in the market is Cisco Systems, Inc., among others.
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North America leads the global market, witnessing increased deployment in commercial and industrial sectors.
North America's market dominance stems from its strong infrastructure and rapid tech adoption. The healthcare sector's shift to Power over Ethernet (PoE) technology for devices like patient monitors and VoIP phones boosts market expansion.
In Asia Pacific, driven by the digitization of business operations, VoIP adoption in office settings rises for cost-effective and fast communication, ensuring call reliability over long distances. Single PoE cables, managing both power and data transmission, reduce costs and space, boosting market expansion.
Japan's internet usage, reaching 83% in 2021 according to the World Bank, further benefits the Asia Pacific market.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Power over Ethernet (PoE) Market Size
Power over Ethernet (PoE) Market Growth
Power over Ethernet (PoE) Market Trends
Power over Ethernet (PoE) Market Share
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 13% between 2024 and 2032.
The revenue generated from the power over ethernet (PoE) market is expected to reach USD 3.03 billion in 2032.
The power over ethernet (PoE) market is categorised according to the application, which includes commercial, residential, and industrial.
The key market players are Maxim Integrated Products, Inc., Linear Technology Corporation, Texas Instrument Inc., Broadcom Ltd., and Cisco Systems, Inc., among others.
The market is broken down into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant product types in the market are power sourcing equipment, and powered devices.
The key trends of the market include favourable policies by various governments and further investments in power over ethernet technology and products.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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