Global Power Over Ethernet (POE) Market, By Type (Power Sourcing Equipment (PSE) and Powered Devices (PDs)), Device (Ethernet Switches and Injectors, Internet Protocol Cameras, Voice Over Internet Protocol Phones, Wireless Radio Access Points and Others) Application (Internet of Things (IOTS) Connectivity, Lightning Control, Infotainment, Access Control and Security, Communication Applications and Others), End-user (Residential, Commercial and Industrial) – Industry Trends and Forecast to 2029
Power over Ethernet (POE) Market Analysis and Size
Power over ethernet (POE) technologies are expected to show a significant growth in the market during the forecasted period due to the new wave technology. Power over Ethernet provides a safe and reliable wireless networking for the hospitals, offices and smart buildings. The use of power over ethernet (POE) technology to power the IP cameras to secure the offices and hospitals premises from the security breaches and cybercrimes is driving the growth of the market. These factors have further prompted the acceleration of the growth rate of the market.
Global power over ethernet (POE) market was valued at USD 1,744.09 million in 2021 and is expected to reach USD 7,549.42 million by 2029, registering a CAGR of 20.10% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Type (Power Sourcing Equipment (PSE) and Powered Devices (PDs)), Device (Ethernet Switches and Injectors, Internet Protocol Cameras, Voice Over Internet Protocol Phones, Wireless Radio Access Points and Others) Application (Internet of Things (IOTS) Connectivity, Lightning Control, Infotainment, Access Control and Security, Communication Applications and Others), End-user (Residential, Commercial and Industrial) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa |
Market Players Covered |
Axis Communications AB. (Sweden), Maxim Integrated (U.S.), Texas Instruments Incorporated. (U.S.), STMicroelectronics (Switzerland), Analog Devices, Inc. (U.S.), Broadcom. (U.S.), Microsemi (U.S.), Semiconductor Components Industries, LLC (U.S.), Silicon Laboratories. (U.S.), Monolithic Power Systems, Inc. (U.S.), CommScope (U.S.), Huawei Technologies Co., Ltd. (China), euromicron AG (Germany), Dell Inc. (U.S.), Kinetic Technologies. (U.S.), Microchip Technology Inc. (U.S.), Cisco Systems, Inc. (U.S.), Hewlett-Packard Development Company, L.P. (U.S.) |
Market Opportunities |
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Market Definition
A power over ethernet (POE) is a technology that enables the transfer of electric signals with data over paired ethernet cables and allows the transfer of electric power and data over the same power cable to the power over ethernet-enabled devices. Rising use of internet protocol (IP) devices and increasing trend of transmitting data via single cable over huge distances using power over ethernet switches and injectors are the factors that are driving the growth of the market.
Power over Ethernet (POE) Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- High usage in the healthcare sector
Power over ethernet (POE) technology provides a safe and reliable wireless networking for the hospitals, offices and smart buildings. The hospitals have a large number of patients with people coming in and going out daily increasing the risks of security breaches and cybercrimes and cyber thefts. Internet protocol cameras powered by the power over ethernet technology are used to monitor patient’s safety. The usage of IP cameras in the hospitals is driving the growth of the market over the forecasted period in the healthcare sector.
Moreover, the increasing demand of the optical fibre cables for communication is also an important factor for the market growth.
Opportunities
- High Usage of Voice Over Internet Protocol (VoIP) Technology and Wireless Technology
The Voice over Internet Protocol (VoIP) is the common application of power over ethernet technology. It allows people to calls using a broadband internet protocol instead of a telephone line. It offers various advantages such as low cost calls and low cost infrastructure. All these factors related to voice over internet protocol are estimated to generate lucrative opportunities for the market, which will further expand market's growth rate in the future.
Additionally, the technological advancements in healthcare and telecommunication sectors will also offer numerous growth opportunities within the market.
Restraints/Challenges
- High Costs of Power over Ethernet (POE) Accessories
The main drawback is that the cost of power over ethernet equipment and accessories is higher than average. The traditional counterparts such as injectors, splitters and others that are needed to be attached with the main counterparts to generate proper output which are costly and need to be renewed and maintained regularly. This factor is projected to be challenge for the Power Over Ethernet (POE) market over the forecast period.
This power over ethernet (POE) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the power over ethernet (POE) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Power Over Ethernet (POE) Market Scope
The power over ethernet (POE) market is segmented on the basis of type, device, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Power Sourcing Equipment (PSE)
- Powered Devices (PDs)
Device
- Ethernet Switches Injectors
- Internet Protocol Cameras
- Voice Over Internet Protocol Phones
- Wireless Radio Access Points
- Others
Application
- Internet of Things (IOTS) Connectivity
- Lightning Control
- Infotainment
- Access Control Security
- Communication Application
- Others
End User
- Residential
- Commercial
- Industrial
Power over Ethernet (POE) Market Regional Analysis/Insights
The power over ethernet (POE) market is analyzed and market size insights and trends are provided by type, device, application and end user as referenced above.
The countries covered in the power over ethernet (POE) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the power over ethernet (POE) market because of the increasing demand for power over ethernet (POE) controllers due to the presence of many power device manufacturers within the region. Moreover, the increasing adoption of power over ethernet technologies in smart cities, smart homes and smart grids is driving the growth of the market within the region.
Middle East and Africa (MEA) is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rising demand of power over ethernet technology across commercial and industrial sectors within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Power over Ethernet (POE) Market Share Analysis
The power over ethernet (POE) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to power over ethernet (POE) market.
Some of the major players operating in the power over ethernet (POE) market are
- Axis Communications AB (Sweden)
- Maxim Integrated (U.S.)
- Texas Instruments Incorporated (U.S.)
- STMicroelectronics (Switzerland)
- Analog Devices, Inc. (U.S.)
- Broadcom (U.S.)
- Microsemi (U.S.)
- Semiconductor Components Industries, LLC (U.S.)
- Silicon Laboratories (U.S.)
- Monolithic Power Systems, Inc.(U.S.)
- CommScope (U.S.)
- Huawei Technologies Co., Ltd (China)
- euromicron AG (Germany)
- Dell Inc. (U.S.)
- Kinetic Technologies (U.S.)
- Microchip Technology Inc (U.S.)
- Cisco Systems, Inc (U.S.)
- Hewlett-Packard Development Company, L.P. (U.S.)
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