The Power over Ethernet (PoE) solutions market size exceeded USD 700 million in 2018 and is projected to grow at a CAGR of over 15% from 2021 to 2027.
The PoE solution market demand is expected to grow rapidly as PoE technology centralizes power in one location and provides high-speed connectivity to support the growing number of wireless devices in business environments. For example, as the number of IoT-connected devices increases, the demand for solutions that can integrate data and power infrastructure to meet the needs of network assets is increasing significantly. PoE technology is widely used to support IoT projects such as smart cities, smart grid projects, and smart buildings. IoT communication networks use PoE to power smart infrastructure, thus meeting the needs of IoT use cases.
A full report of Power over Ethernet Solutions Market available at https://www.orionmarketreports.com/power-over-ethernet-poe-solutions-market/56091/
Power over Ethernet Solutions Market: Segmentation
By Type:
• Power Sourcing Equipment Controllers & ICs
• Powered Device Controllers & ICs
By Device Type:
• Power Sourcing Equipment
• Powered Devices
By Application:
• Connectivity
• Security & Access Control
• Infotainment
• LED Lighting & Control
• Others
By Vertical:
• Residential
• Commercial
• Industrial
Major Players
• Cisco Systems, Inc.
• ST Microelectronics
• Texas Instruments Incorporated
• Analog Devices, Inc.
• Belden Inc.
• Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
