Power over Ethernet Market Analysis By Product (Power Sourcing Equipment, Powered Devices), By Application (Residential, Commercial, Industrial) And Segment Forecasts Till 2025
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Product Code:
RP-ID-10222590 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
100 -
Category:
ICT & Telecom -
Publisher:
Pub-ID-42
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
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The global power over Ethernet (PoE) market is estimated to be USD 445.3 Million in 2015 and is expected to grow steadily over the forecast period. The increasing demand for fast and cost effective communication with the growing number of internet users is expected to propel the market. The technology allows the transfer of data along with the electric power over the same Ethernet cable to the PoE enabled devices which include wireless access points and IP cameras.
Factors such as low cost, low maintenance, easy installation and less downtime among others are few technological factors making it more advanced compare to the traditional network power cables. Increasing adoption of VoIP technology and rising demand for network security cameras RFID readers and proximity cameras are projected to drive the PoE industry which are placed at higher place on the walls.
Increasing investments of several players such as SBC and Verizon for rising the penetration of cable to residences owing to increasing adoption of wireless networking and VoIP phones will benefit the industry. Additionally, increasing demand for PoE based products from commercial buildings for security and connectivity & access control applications is considered to be one of the major factors influencing the industry.
Growing acceptance for the PoE technology-based lighting solutions has led to the growth of PoE solutions in the commercial vertical as well. Although, limitation on the amount of power delivered to the end-users may hinder the growth of PoE industry. Moreover, factors such as rising awareness about the energy savings and increasing performance along with reduced costs of LED products have led to the enhanced growth of LED products. The growth of LED products are positively influencing the PoE technology, since the technology is used for connecting, powering and controlling the smart LED hubs.
Based on the products, the market is segmented into power sourcing equipment (PSE) and powered devices (PD).PD segment is expected to witness significant growth over the forecast period. Furthermore, application segment is categorized into commercial, residential and industrial. The commercial segment which includes implementation of PoE in healthcare, retail and office buildings is projected to be the key segment for generating revenue over the forecast period.
North America is expected to contribute significantly in the industry owing to the vast availability of advanced infrastructure, rich IT and telecom sector with increasing demand for PoE controllers and ICs. Asia Pacific is also projected to witness significant growth over the forecast period. Expanding IT hubs in China, India and Japan and adopting PoE technology in various industries in manufacturing hub, China are few factors driving the growth in the sector.
Major industry players include Maxim Integrated Products, Inc., Axis Communications AB, Texas Instruments, Inc., Broadcom Ltd., STMicroelectronics N.V., Linear Technology Corp., and Microsemi Corp. The companies in the market are focusing on the strategic acquisitions and tapping the product innovation for expanding the business and maintaining their dominance in the market.• Asia Pacific: China, Japan, India and Rest of Asia Pacific
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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