Lucintel Forecasts Power Over Ethernet Market to Reach $1728.1 Billion by 2027

Market-Research

According to the recent study the Power Over Ethernet Market is projected to reach an estimated $1728.1 billion by 2027 from $908.2 billion in 2021, at a CAGR of 11% from 2021 to 2027. Growth in this market is primarily driven by growing adoption of voice over internet protocol (VoIP) phones and wireless networking, simple and cost-effective installation, and high level of reliability.

Browse 107 figures / charts and 68 tables in this 205 -page report to understand trends, opportunities and forecast in power over ethernet market by controllers & ICs type (power sourcing equipment controllers & ICs and powered device controllers & ICs), device type (power sourcing equipment and powered devices), application (connectivity, security & access control, infotainment, and LED lighting & control), end use industry (residential, commercial, and industrial), and by region (North America, Europe, Asia Pacific (APAC), Rest of the World (ROW)).

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“Commercial market is expected to remain the largest segment during the forecast period.”

Based on end use, the power over ethernet market is segmented into residential, commercial, and industrial. Lucintel forecasts that the commercial market is expected to remain the largest segment due to increasing usage in offices, restaurants and hotels, healthcare facilities and educational institutions.

“Within the power over ethernet market, the connectivity segment is expected to remain the largest application”

Based on application the connectivity segment is expected to witness the highest growth over the forecast period due to increasing adoption of network security based cameras, sensors and RFID.

“North America will dominate the power over ethernet market in near future”

North America is expected to remain the largest region and Asia Pacific will witness the highest growth over the forecast period due to economic expansion, improved standard of living, and urbanization, especially in India and China.

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Major players of power over ethernet market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Cisco Systems, Texas Instruments, Linear Technology, Microsemi Corp, STMicroelectronics, Broadcom Ltd, Monolithic Power Systems, On Semiconductor, Silicon Laboratories, Akros Silicon are among the major power over ethernet providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/power-over-ethernet-solution-market.aspx or helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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