Global Power over Ethernet (PoE) Solutions Market: Overview
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.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Global Power over Ethernet (PoE) Solutions Market: Growth Factors
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.
Global Power over Ethernet (PoE) Solutions Market: Segmentation
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.
Global Power over Ethernet (PoE) Solutions Market: Regional Analysis
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.
Global Power over Ethernet (PoE) Solutions Market: Competitive Players
Few of the main participants in 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., Inc., Huawei Technologies Co., Dell Technologies, Inc., Silicon Laboratories, Inc., Euromicron AG, CommScope Holding Company, HPE, Ltd, ON Semiconductor Corp., and Texas Instruments, Inc.
Global Power over Ethernet (PoE) solutions market: Regional Segment Analysis
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