- Powered Ethernet chipsets, enabling simultaneous data and power transmission over a single Ethernet cable, are essential for supporting the growing ecosystem of IoT devices, smart infrastructure, and networked systems in residential, commercial, and industrial settings
- The surge in demand is driven by the widespread adoption of IoT technologies, increasing need for efficient power management in connected devices, and the growing preference for simplified wiring solutions in smart buildings and industrial automation
- North America dominated the powered Ethernet chipset market with the largest revenue share of 42.5% in 2024, driven by early adoption of IoT and smart infrastructure, high technological investment, and the presence of major industry players
- Asia-Pacific is expected to be the fastest-growing region during the forecast period, propelled by rapid urbanization, increasing industrial automation, and rising investments in smart city initiatives
- The PoE powered devices chipset segment dominated the largest market revenue share of 54.7% in 2024, driven by the increasing demand for compact and lightweight PoE-enabled devices such as IP cameras, VoIP phones, and IoT sensors, which rely heavily on PD chipsets for seamless operations in industries such as IT, telecommunications, and smart buildings
