Technavio analyzes that the Power Over Ethernet Market is expected to grow at a CAGR of 12.4% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 726.2 million.There are various factors that contribute to the growth of the market. The Power over Ethernet (PoE) market is experiencing significant growth due to the increasing adoption of Voice over Internet Protocol (VoIP) phones and wireless networking technologies. PoE technology enables the delivery of both power and data over an Ethernet cable, making it an ideal solution for powering devices in remote or hard-to-reach locations. The proliferation of VoIP phones, which require a constant power source, and the increasing popularity of wireless networks, which rely on PoE for powering access points, are major factors driving the growth of this market. Additionally, the ongoing trend towards increasing network connectivity and the need for more efficient and cost-effective infrastructure solutions are further boosting the demand for PoE technology.
In the business world, Power over Ethernet (PoE) technology offers functionality, efficiency, and convenience by delivering power and data over a single Ethernet cable. PoE is particularly beneficial for managing and unmanaged switches that power various devices, such as IP cameras, requiring minimal installation complexities. PoE modes, including PoE+ and PoE++, cater to diverse power requirements. PoE injectors, an essential component, eliminate the need for additional electrical cables for powering devices. The integration of Voice over IP (VoIP) devices in telecommunications, owing to their cost-effectiveness, significantly contributes to the expansion of the global PoE market. PoE PD controllers, responsible for power classification, ensure accurate power distribution to PDs through Ethernet cables. Advanced PD controllers come with efficient DC-to-DC converters, simplifying designs, while others enable designers to choose their preferred DC-to-DC converters for optimized cost-efficiency. Non-data pairs in Ethernet cables are utilized for PoE transmission, with power injectors providing a power source when the PoE midspan or switch lacks the capability. Overall, PoE's advantages in reducing installation costs and complexities make it an indispensable technology in various industries.
Know which region is leading the market growth by requesting a sample report
Power Over Ethernet Market Segmentation
As per our research findings, here are some of the key competitors that are leading the industry
Find out what is trending in the market by accessing the free PDF report
The Power Over Ethernet (PoE) market encompasses communications technology that enables the transmission of both power and data through twisted pair Ethernet cables, such as Category 5 (Cat 5). The Ethernet Alliance plays a crucial role in standardization and interoperability, ensuring powered devices like security cameras, wireless access points, VoIP phones, and more can function safely and efficiently. PoE switches transmit power to devices via spare pairs, while power sourcing equipment ensures compatibility and cost savings during installation. Ratified PoE standards prioritize safety and functionality, increasing power efficiency and convenience for network cables used in various applications.
The global communications equipment market encompasses manufacturers of enterprise networking solutions, such as Local Area Networks (LANs), Wide Area Networks (WANs), routers, switchboards, telephones, and exchanges. This market scope also includes communications infrastructure or telecom equipment. According to Technavio, the market size is determined by the revenue generated from communication equipment sales, broadcasting equipment, telecommunication equipment, and telecom service providers' infrastructure investments. Exclusions from the market size calculation are cellular phone manufacturers, classified under the Technology Hardnerware, Storage and peripherals sub-industry. Key growth drivers for the communications equipment market include the expanding number of data centers, necessitating significant investments in advanced communication infrastructure by hyperscalers. Additionally, the Ethernet Alliance's standardization efforts and the importance of interoperability between powered devices and power sourcing equipment contribute to market growth. Copper cabling, with its twisted pairs and spare pairs, plays a crucial role in facilitating data transmission and power delivery within this context.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted
One user only.
Quick & easy download option
Unlimited user access (Within your organization).
Complimentary Customization Included
*For Enterprise license, go to checkout page
Get the report (PDF) sent to your email within minutes.
