The global Power Over Ethernet (POE) solution market is significantly growing at a CAGR of more than 10.0% during the forecast period. The power over Ethernet solution market is anticipated to rise as technology enables the centralization of power in one location and offers high-speed connectivity to support the increasing number of wireless devices in business environments. PoE technology is largely being utilized to support IoT projects that include smart grid projects, smart buildings, and smart cities. IoT communication networks utilize PoE to power infrastructure that leads to meet the demand for IoT use cases.
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The growing adoption of LED lighting for enhanced luminance effect is propelling the growth of the PoE solutions market during the forecast period. The PoE solution eliminates the need to have different power devices to deliver power to each IP- enabled lightning system. The PoE solution enables in enhancing energy efficiency and productivity at commercial places. Companies are offering lightning systems that are making the utilization of PoE solutions to power connected smart buildings. The development of improved technologies that include big data analytics and cloud-based services has resulted in the growing demand for data centers in developed countries that fuel the growth of Power Over Ethernet industry. With the improvement and introduction in PoE Plus, the ability to supply power to powered devices has risen to 34.2 W that is double to the PoE. Such advancement is expected to create enormous opportunities for market growth.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Power Over Ethernet Solutions Market- Segmentation
By Type
- Power Sourcing Equipment
- Powered Devices
By Device
- Ethernet Switch & Injectors
- IP Cameras
- VoIP
- Wireless Radio Access Points
By End-users
- Industrial
- Commercial
- Residential
Global Power Over Ethernet Solutions Market – Segment by Region
North America
- The US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East Africa
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