Power Over Ethernet Solutions

Power Over Ethernet Solutions

Global Power Over Ethernet Solutions Market to Reach US$2.1 Billion by 2030

The global market for Power Over Ethernet Solutions estimated at US$1.1 Billion in the year 2023, is expected to reach US$2.1 Billion by 2030, growing at a CAGR of 9.6% over the analysis period 2023-2030. Connectivity Application, one of the segments analyzed in the report, is expected to record a 10.4% CAGR and reach US$855.5 Million by the end of the analysis period. Growth in the Security & Access Control Application segment is estimated at 9.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$441.6 Million While China is Forecast to Grow at 12.1% CAGR

The Power Over Ethernet Solutions market in the U.S. is estimated at US$441.6 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$326.4 Million by the year 2030 trailing a CAGR of 12.1% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 5.6% and 8.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.9% CAGR.

Global Power Over Ethernet Solutions Market - Key Trends & Drivers Summarized

Power over Ethernet (PoE) solutions are transformative technologies that enable the delivery of electrical power and data over a single Ethernet cable, simplifying the installation and management of networked devices. PoE technology has evolved from its initial use in powering low-wattage devices like VoIP phones and wireless access points to supporting a wide range of applications, including security cameras, LED lighting, and IoT devices. By integrating power and data transmission, PoE reduces the need for additional electrical wiring, thereby lowering installation costs and enhancing flexibility in network design and expansion.

The applications of PoE solutions are extensive and growing. In the enterprise sector, PoE is widely used to power IP phones, wireless access points, and network cameras, providing a reliable and scalable infrastructure for communication and security systems. In the smart building and IoT landscapes, PoE supports the deployment of intelligent lighting systems, sensors, and other connected devices, facilitating energy management and automation. Additionally, the technology is increasingly being utilized in healthcare, retail, and industrial environments, where it supports a variety of devices and systems, enhancing operational efficiency and connectivity.

The growth in the Power over Ethernet solutions market is driven by several factors. The increasing adoption of smart and connected devices across various sectors is a major driver, as PoE provides a convenient and efficient means of powering and networking these devices. Advancements in PoE standards, such as IEEE 802.3bt, which supports higher power levels, are enabling new applications and expanding the technology`s capabilities. The trend towards smart buildings and IoT is also fueling demand for PoE, as it simplifies the deployment of networked devices and supports energy-efficient solutions. Additionally, the growing focus on reducing operational costs and enhancing network scalability is encouraging businesses to adopt PoE technologies. These factors, combined with continuous innovation in PoE technology, underscore the robust growth and expanding applications of the Power over Ethernet solutions market.

Select Competitors (Total 79 Featured) -

• Cisco Systems, Inc.
• Broadcom Inc.
• Analog Devices, Inc.
• ADTRAN, Inc.
• Advantech Co., Ltd.
• Axis Communications AB
• Alcatel-Lucent Enterprise
• Belden, Inc.
• AD-Net Technology Co., Ltd.
• Alaxala Networks Corporation
• Amcrest Technologies LLC
• CEM Systems
• Color Kinetics
• B+B SmartWorx
• Aruba Networks

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