The global Powerover Ethernet (PoE) market size is expected to value at USD 3.77 billion by 2025. The market is subject to witness a substantial growth due to the growing need for low cost solutions and increasing demand for high-speed internet. The Power over Ethernet (PoE) provides the transmission of data and information signals over the twisted pair Ethernet.
This
allows passage for electric power alongside data to the devices like IP cameras
and wireless access points. These factors are expected to drive the growth of
Power over Ethernet (PoE) industry over next seven years. Globally, the Power
over Ethernet market is predicted to grow at higher CAGR in the forecast
period, providing numerous opportunities for market players to invest in
research and development of the market.
The
Power over Ethernet (PoE) technology offer higher data transmission rate and
helps to save additional cost of installation for various network cables. In
addition, development of innovative products such as network security based
cameras, proximity sensors and RFID readers are predicted to favor the growth
of Power over Ethernet (PoE) industry over the forecast period. The latest
technological trends such as cloud-based services and big data analytics have
led to deployment of numerous data centers across the globe, thereby fostering
market expansion in the recent years.
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The
growing investment by industry players for development of VoIP phones and
wireless networking coupled with increasing penetration of the penetration of
fiber-optic cable in domestic market are expected to stimulate industry growth
in the near future as well. Recently introduced applications and delivery
systems that allows customers to remotely operate or to switch to an IP service
from POTS services, thus providing a versatile platform. These factors are
expected to boost the market demand for Power over Ethernet (PoE) devices and
the VoIP services.
The
recent advancement in the Power over Ethernet (PoE), also referred as the PoE
Plus, has led to improved capability to deliver power up to 34.2W, thus
positively impacting market growth in the upcoming years. Rise in the number of
application of the Ethernet cable is estimated to enhance the market growth
over the next seven years.
The
Power over Ethernet (PoE) market is broadly categorized into three major
segments based on end-user application type such as residential Power over
Ethernet (PoE) devices, commercial, and industrial Power over Ethernet (PoE)
devices. The commercial Power over Ethernet (PoE) devices is considered as one
of the fastest growing segment in the Power over Ethernet industry with substantial
revenue generation in the last couple of years. Growing popularity of the
commercial Power over Ethernet (PoE) device segment is attributed to increasing
demand from the retail sector, healthcare sector and office buildings.
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Residential
application has also witnessed massive growth, in the last few years, owing to
the increasing penetration of IP cameras for security, webcams, and VoIP
phones. Shifting consumer preference towards home automation and smart home
appliances has also contributed to the segment growth.
The
Power over Ethernet (PoE) market is divided by region as North America, Europe,
Asia-Pacific, Latin America and Africa. North America has shown major growth in
recent years owing to the rise in the implementation of latest technologies in
telecommunication sector, growing amount of investments by government R&D
activities in the region, development of smart grids, and existence of
well-established telecommunication network. Asia-Pacific region is predicted to
hold a major market share in the Power over Ethernet (PoE) with massive growth
in forecast period. Countries such as India, China and Singapore are leading
the Asia-Pacific market with rising availability of high-speed internet,
growing disposable income among general population, presence of large consumer
base, and significant investment by leading industry players considering
potential growth opportunities in the region.
The
key players in the Power over Ethernet (PoE) industry are Cisco Systems, Inc.,
Silicon Laboratories, Inc., ST Microelectronics N.V., Microsemi Co., and Akros
Silicon, Inc.
Market
Segment:
PoE
Product Outlook (Transaction Revenue, USD Billion, 2014 - 2025)
• Power Sourcing Equipment
• Powered Devices
PoE
Application Outlook (Transaction Revenue, USD Billion, 2014 - 2025)
• Residential
• Commercial
• Industrial
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