The global individual power over ethernet market is anticipated to grow at a significant CAGR during the forecast period. Due to its potential to combine networking and electrical power into one cable, the Power over Ethernet (PoE) technology is gaining traction in the industry. In a single data cable, CAT6, CAT6A, or CAT5e, the cable provides both data and electrical power to the powered devices. The market is anticipated to develop due to the increasing demand for cost-effective and quick communication as the number of internet users increases. The use of technology aids in the transmission of data signals, minimizing the expenses of establishing several networks of cables.
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Over the forecast period, the market is expected to increase due to the growing use and implementation of optical fibre cables for communication. In severe situations such as overhead power lines and underground ducts, features such as electromagnetic interference susceptibility, flexibility, and excellent reliability put them ahead of copper cables.
Increased demand for data centres in industrialized nations has resulted from the development of modern technologies such as cloud-based services and big data analytics, which is contributing to the expansion of the global PoE market. In addition, increasing security applications, such as webcams, are likely to be among the few common PoE applications in the residential category. The ability of PoE to transport network connectivity and power via a single cable, eliminating the need for separate wire, is anticipated to drive market expansion.
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Market Coverage
- Segment Covered-
o By Technology
o By Application
- Competitive Landscape: Belden Inc., Broadcom Inc., Cisco Systems, Inc., STMicroelectronics International NV, and Texas Instruments Inc.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Industrial Power Over Ethernet Market by Segments
By Technology
- Powered Device
- Power Sourcing Equipment
By Application
- Power Industry
- Oil and Gas Industry
- Telecommunication Industry
- Others
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