Power over Ethernet (PoE) Chipset Market Size, Share & Trends Analysis Report By Type (PoE Power Sourcing Equipment (PSE) Chipset), By Standard, By End-use, By Device, By Region, And Segment Forecasts, 2023 - 2030

Power over Ethernet (PoE) Chipset Market Size, Share & Trends Analysis Report By Type (PoE Power Sourcing Equipment (PSE) Chipset), By Standard, By End-use, By Device, By Region, And Segment Forecasts, 2023 - 2030

Power over Ethernet Chipsets Market Growth & Trends

The global power over ethernet chipset market size is expected to reach USD 1,642.3 million by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 12.2% from 2023 to 2030. Rising applications of Power over Ethernet (PoE) chipsets in the residential sector, for example, in webcams & closed-circuit televisions (CCTVs), IP telephones, and complete wireless local area network (WLAN) coverage are poised to stoke the growth of the market over the forecast period.

The key benefit of PoE is that it can transmit both network connectivity and power supply over a single cable and overcomes the need for installing separate wires. Similarly, VoIP phones allow the transmission of mobile signals over a data network. This has led to increased adoption of POE-powered VoIP systems in various industries, including healthcare, finance, and government.

Rising awareness regarding these merits is projected to support the market's growth. Moreover, the growing need for wireless connectivity in various applications, such as corporate offices, hospitals, and educational institutions, drives the demand for POE-powered wireless access points. POE technology enables the deployment of wireless access points without the need for separate power sources, making installation and maintenance easier.

Growing IT developments in the education and healthcare sectors are leading to an increase in the deployment of PoE chipset technology in the commercial sector. Enhanced applications of technology such as smart meters use Ethernet technology for benefits such as energy efficiency, improved comfort, convenience, and security. The increasing number of installations of smart meters is anticipated to drive the Power over the Ethernet market over the forecast period. Surging demand for better network access and minimum disruption and the cost is leading to an increase in installations of PoE chipsets in various businesses.

Various technological advancements, including the development of advanced POE chipsets with higher power capacity and better performance, are driving the growth of the market. These chipsets offer better reliability, flexibility, and efficiency, enabling deploying more complex and sophisticated POE-powered devices and systems.

Moreover, The Industrial Internet-of-Things (IIoT) and Internet of Things (IoT) are increasingly used in smart buildings, automated factories, and industrial networks, generating a positive outlook for the market. Significant infrastructure improvements, particularly in emerging countries, along with the use of big data analytics and cloud-based services, are likely to further fuel the market’s growth.

Power over Ethernet Chipset Market Report Highlights

• The demand for power over ethernet chipsets is expected to witness growth owing to the growing penetration of the internet in developing nations
• The Power Sourcing Equipment (PSE) segment is estimated to witness a CAGR of 11.5% over the forecast period
• The ethernet switch & injector phone segment dominates the market with a revenue share of 25.2% in 2022. The factor attributed to the segment growth is the increasing demand for networked devices and the need for efficient power delivery
• The Asia Pacific region is expected to grow at the fastest CAGR from 2023 to 2030. The U.S., China, and Japan are anticipated to witness considerable growth over the forecast period, owing to the favorable regulations

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