Power Over Ethernet Solutions Market by (Connectivity, LED Lighting Control), Vertical, and Geography - Global Forecast to 2022


Posted January 18, 2019 by prashantvv

[151 Pages Report] Power Over Ethernet Solutions Market categorizes global market by Type (PSE Controllers & ICs, PD Controllers & ICs), Device Type (Power Sourcing Equipment, Powered Devices), Application Vertical, and Geography

 
The power over Ethernet (PoE) solutions market was valued at USD 451.1 million in 2015 and is estimated to reach USD 1,048.3 million by 2022, at a CAGR of 12.56% during the forecast period. The base year used for this study is 2015, and the forecast period is between 2016 and 2022.

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The power over Ethernet solutions market was valued at USD 451.1 Million in 2015 and is expected to reach USD 1,048.3 million by 2022, at a CAGR of 12.56% during the forecast period. The growth of this market is being driven by the growing demand for PoE-based products, especially in the commercial vertical; continuous rise in the adoption of VoIP-compatible VoIP phones and wireless access points; and increasing use of PoE power sourcing equipment for powering such devices.

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The scope of this report covers the power over Ethernet solutions market on the basis of type, device type, application, vertical, and geography. Connectivity applications accounted for the largest share of the overall power over Ethernet solutions market. The power over Ethernet solutions market for connectivity applications is expected to grow at a high rate between 2016 and 2022. ​​​​​​​

The benefits of VoIP phones such as low cost of communication, ease of installation, and maintenance, among others, have led to the expansion of VoIP phones.In addition, the growing IoT industry is fueling the demand for wireless access points. Currently, most of the VoIP phones and wireless access points are PoE compatible and are being powered using PoE technology;

The power over Ethernet solutions for the vertical market is expected to be the fastest-growing market by 2022. The increasing demand for power over Ethernet technology-based products from office buildings, especially for connectivity and security & access control applications, is one of the major factors driving the growth of the market. In addition to this, the growing popularity of PoE technology-based lighting solutions is one of the most powerful solutions for the vertical market.

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Texas Instruments, Inc. (US), Maxim Integrated Products, Inc. (US), Linear Technology Corp. (US), Microsemi Corp. (US), and STMicroelectronics NV (Switzerland).

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Categories Computers , Industry , Technology
Tags power over ethernet solutions market
Last Updated January 18, 2019