Global Power over Ethernet Market 2024-2028
Power Over Ethernet Market 2024-2028
The power over ethernet market is forecasted to grow by USD 726.2 mn during 2023-2028, accelerating at a CAGR of 12.4% during the forecast period. The report on the power over ethernet market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of voice over internet protocol (VoIP) phones and wireless networking, simple and cost-effective installation, and high level of reliability.
Technavio's power over ethernet market is segmented as below:
By Type
- Powered device (PD)
- Power sourcing equipment (PSE)
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the increasing adoption of led lighting as one of the prime reasons driving the power over ethernet market growth during the next few years. Also, growing adoption of power over ethernet in smart grids and introduction of new power over ethernet standards will lead to sizable demand in the market.
The report on the power over ethernet market covers the following areas:
- Power Over Ethernet Market sizing
- Power Over Ethernet Market forecast
- Power Over Ethernet Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading power over ethernet market vendors that include Advantech Co. Ltd., Analog Devices Inc., Avaya LLC, Axis Communications AB, Belden Inc., Broadcom Inc., Cisco Systems Inc., CommScope Holding Co. Inc., Dell Technologies Inc., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Kinetic Technologies, Microchip Technology Inc., Monolithic Power Systems Inc., NETGEAR Inc., ON Semiconductor Corp., Silicon Laboratories Inc., STMicroelectronics International N.V., and Texas Instruments Inc.. Also, the power over ethernet market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.