Global Power over Ethernet (PoE) Switches Market Size Study, by End Use (Commercial, Industrial, Residential), by Type (Managed PoE Switches, Unmanaged PoE Switches), by Port Count (4-8 Ports, 9-16 Ports, 17-24 Ports, 25-48 Ports, Above 48 Ports) and Regi

Global Power over Ethernet (PoE) Switches Market Size Study, by End Use (Commercial, Industrial, Residential), by Type (Managed PoE Switches, Unmanaged PoE Switches), by Port Count (4-8 Ports, 9-16 Ports, 17-24 Ports, 25-48 Ports, Above 48 Ports) and Regional Forecasts 2022-2032

Global Power over Ethernet (PoE) Switches Market is valued approximately at USD 4.41 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 10.32% over the forecast period 2024-2032. A PoE switch, also known as a PoE network switch, is a standard Fast Ethernet or Gigabit network switch that combines the functionalities of a traditional switch with the ability to deliver power over Ethernet (PoE). This versatile device facilitates communication between network clients while simultaneously providing power to PoE-compatible devices like VoIP phones, network surveillance cameras, and wireless access points. It utilizes the same RJ45 network cable for both data and power transmission, enabling compatible devices to operate in locations where power outlets are scarce or absent. PoE switches offer a cost-effective solution to network deployments, eliminating the need for separate electrical wiring and reducing installation expenses. These switches come in various configurations to cater to diverse network requirements. The integration of Power over Ethernet (PoE) switches with advanced network technologies such as Software-Defined Networking (SDN) and network virtualization represents a significant PoE switches market opportunity.

The growing adoption of PoE-enabled devices in industrial applications is significantly driving the market for industrial PoE switches. Industrial environments, characterized by harsh conditions, demand reliable and durable power delivery solutions. PoE switches meet this need by efficiently powering devices like sensors, actuators, and control panels through Ethernet cables. For instance, in a manufacturing plant, PoE switches can be used to power and connect a network of sensors and control panels throughout the facility. This setup not only provides a stable and reliable power supply to these devices, which are crucial for monitoring and controlling manufacturing processes, but also reduces the need for separate power cables and outlets in challenging industrial settings. The robustness and simplicity of PoE solutions in such environments enhance operational efficiency and reliability, making PoE switches an increasingly popular choice for industrial network infrastructures. However, the possibility for Electromagnetic Interference (EMI) is a significant restraint for the PoE switches market. EMI occurs when the electromagnetic field generated by electronic devices disrupts the functioning of other nearby devices. In the case of PoE switches, which transmit both power and data over the same Ethernet cable, they can generate a substantial electromagnetic field. This field can interfere with the operation of sensitive electronic equipment located nearby, such as medical devices, precision measuring instruments, or other network equipment. For instance, in a hospital setting, a PoE switch installed near sensitive medical equipment such as MRI machines or patient monitors could potentially cause malfunctions or inaccuracies in these devices due to EMI, posing a risk to patient safety and the reliability of medical procedures. This risk of EMI limits the use of PoE switches in environments where interference with other electronic devices could have serious consequences.

The key regions considered for the Power over Ethernet (PoE) Switches Market study include Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. In 2023, The North America region dominated the Power over Ethernet (PoE) Switches Market in terms of revenue due to its advanced technological infrastructure and early adoption of innovative networking solutions. The region's strong presence of leading IT companies and substantial investments in smart building projects contribute to this dominance. Additionally, the increasing demand for high-speed internet connectivity and the rising trend of IoT devices in sectors like healthcare, retail, and manufacturing drive the need for efficient PoE solutions. The presence of major players, such as Cisco Systems and Hewlett Packard Enterprise, enhances the market's growth through continuous innovations and comprehensive product offerings. Furthermore, North America's stringent regulatory standards and robust cyber security frameworks ensure the reliability and safety of PoE switches, further boosting their adoption. Overall, the region's technological leadership, strong market players, and growing demand for smart infrastructure solutions underscore its dominance in the PoE switches market. Furthermore, Asia Pacific expected to grow at a significant CAGR during the forecast period 2024-2032.

Major market player included in this report are:

Advantech Co., Ltd.

Allied Telesis, Inc.

Broadcom Inc.

Cisco Systems, Inc.

Digi-Key Corporation

D-Link Corporation

Maiwe Communication

Netgear Inc.

Patton LLC

TP-Link Corporation Limited

Huawei Technologies Co., Ltd.

HP Enterprise

Juniper Networks, Inc.

Extreme Networks, Inc.

Belden Inc.

The detailed segments and sub-segment of the market are explained below:

By End Use:

Residential

Commercial

Industrial

By Type:

Managed PoE Switches

Unmanaged PoE Switches

By Port Count:

4-8 Ports

9-16 Ports

17-24 Ports

25-48 Ports

Above 48 Ports

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

Saudi Arabia

South Africa

RoMEA

Years considered for the study are as follows:

Historical year – 2022

Base year – 2023

Forecast period – 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.

Annualized revenues and regional level analysis for each market segment.

Detailed analysis of geographical landscape with Country level analysis of major regions.

Competitive landscape with information on major players in the market.

Analysis of key business strategies and recommendations on future market approach.

Analysis of competitive structure of the market.

Demand side and supply side analysis of the market.

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