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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Furthermore, the increasing investments and initiatives by the government and the growing advent of smart grid processes are anticipated to create lucrative growth opportunities for the global PoE market. The growing prevalence of VoIP, network security-based cameras, RFID readers, proximity sensors, and others across the industries are anticipated to boost the demand for PoE-based devices. This factor will contribute significantly to the growth of the market during the forecast period.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- 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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