Global Power over Ethernet Solutions Market Report and Forecast 2024-2032

Global Power over Ethernet Solutions Market Outlook

The global power over ethernet solutions market is expected to grow at a CAGR of about 13% in the forecast period of 2024-2032 to reach a value of around USD 3.87 billion by 2032.

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North America to Lead the Global Industry

The market for power over ethernet (PoE) solutions has been mainly dominated by North America, where there is a strong presence of telecom networks and there is also a strong foundation for research and development operations. In the forecast period 2024-2032, North America is expected to lead the market, and Europe, which also has a similar adoption technological apparatus, but with lower population, is expected to be another significant player in this sector. The demand is further amplified by the high per capita spending capabilities in North America and Europe. The Asia Pacific market has a large population with somewhat high potential in primarily its urban areas, but the market is mostly untapped as of now. With the establishment of smart cities, improving living standards and increasing incomes, this region can be a potential market driver in the long term.

Power over Ethernet Market Segmentation

Power over ethernet is a system of wiring in which network cables and electricity are transmitted through the same cable system to an appliance. This is especially useful in systems where voice over internet protocol phones, wireless access points and internet protocol cameras are used. It finds applications in digital cameras, house monitoring, recorders, and sensors.

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The power over ethernet solutions market can be divided on the basis of standard into:

• IEEE 802.3AF (POE)
• IEEE 802.3AT (POE+)
• IEEE 802.3BT

The market can be divided on the basis of type as follows:

• Power Sourcing Equipment (PSE) Controllers and ICS
• Powered Devices (PDs) Controllers and ICS

It may be classified by device into:

• Ethernet Switches and Injectors
• IP Cameras
• VoIP Phones
• Wireless Radio Access Points
• Others

The market may be differentiated on the basis of application as follows:

• IoT Connectivity
• Lighting Control
• Infotainment
• Access Control and Security
• Others

The market can be segmented by end-use as follows:

• Commercial
• Residential
• Industrial

The regional markets for power over ethernet solutions can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Cost-effectiveness Bolstering the Market Growth

PoE solutions offers the advantage of saving time and cost because cabling time, maintenance costs and material costs are lowered. The apparatus required in this is lower which can cut down on space requirements, while also imparting flexibility. Moreover, since the network is safer, because underpowering and overloading is prevented, the demand for PoE systems is higher. As governments across the world take initiatives for smart cities, the overall demand for PoE is expected to rise. Despite a general industrial slowdown in the Covid-19 pandemic, the wide-ranging applications of PoE solutions are expected to give a push to the industry. With the increasing relevance of IoT and complementary technologies such as smartphones on the rise, the market is expected to rise in value over the forecast period.

Key Industry Players in the Global Power over Ethernet Solutions Market

The report gives a detailed analysis of the following key players in the global power over ethernet solutions market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Cisco Systems, Inc.
• ST Microelectronics
• Texas Instruments Incorporated
• Analog Devices, Inc.
• Belden Inc.
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report