The global Power over Ethernet (POE) Market research report 2029, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.
This Power over Ethernet (POE) market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.
Global power over ethernet (POE) market was valued at USD 1,744.09 million in 2021 and is expected to reach USD 7,549.42 million by 2029, registering a CAGR of 20.10% during the forecast period of 2022-2029.
Top Companies in the Global Power over Ethernet (POE) Market:
Axis Communications AB. (Sweden), Maxim Integrated (U.S.), Texas Instruments Incorporated. (U.S.), STMicroelectronics (Switzerland), Analog Devices, Inc. (U.S.), Broadcom. (U.S.), Microsemi (U.S.), Semiconductor Components Industries, LLC (U.S.), Silicon Laboratories. (U.S.), Monolithic Power Systems, Inc. (U.S.), CommScope (U.S.), Huawei Technologies Co., Ltd. (China), euromicron AG (Germany), Dell Inc. (U.S.), Kinetic Technologies. (U.S.), Microchip Technology Inc. (U.S.), Cisco Systems, Inc. (U.S.), Hewlett-Packard Development Company, L.P. (U.S.), among others.
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Market Segmentation:
Type
• Power Sourcing Equipment (PSE)
• Powered Devices (PDs)
Device
• Ethernet Switches Injectors
• Internet Protocol Cameras
• Voice Over Internet Protocol Phones
• Wireless Radio Access Points
• Others
Application
• Internet of Things (IOTS) Connectivity
• Lightning Control
• Infotainment
• Access Control Security
• Communication Application
• Others
End User
• Residential
• Commercial
• Industrial
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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Drivers:
Widespread Adoption in the Healthcare Sector:
Power over Ethernet (PoE) technology plays a crucial role in delivering secure and dependable wireless networking solutions for hospitals, offices, and smart buildings. Given the high footfall and constant movement of people in hospitals, the risks of security breaches, cybercrimes, and thefts are elevated. PoE technology is effectively utilized in the healthcare sector, employing Internet Protocol (IP) cameras powered by PoE to monitor and enhance patient safety. The increasing deployment of IP cameras in hospital settings is a significant driver contributing to the market's growth in the healthcare sector over the forecasted period. Furthermore, the growing demand for optical fiber cables for communication purposes is an additional factor fostering market expansion.
Opportunities:
Rising Adoption of Voice Over Internet Protocol (VoIP) and Wireless Technology:
Voice over Internet Protocol (VoIP) emerges as a prominent application of Power over Ethernet technology, enabling broadband-based calling instead of traditional telephone lines. VoIP offers notable advantages, including cost-effectiveness in calls and infrastructure. These aspects associated with VoIP present lucrative opportunities for the market, contributing to its future growth. Additionally, ongoing technological advancements in the healthcare and telecommunication sectors are poised to unlock numerous growth prospects within the market.
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