Power over Ethernet Market Size To Reach $4.94 Billion By 2030

Power Over Ethernet Market Growth & Trends

The global power over ethernet market size is expected to reach USD 4.94 billion by 2030, expanding at a CAGR of  21.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising demand for cost-effective and fast communication owing to increasing internet users is expected to drive the market growth over the forecast period. the increasing adoption of VoIP among the various application industry has also contributed to the market demand.

The rising deployment of the Ethernet-based RFID readers and security cameras is also expected to boost market growth. Furthermore, the introduction of PoE Plus is further expected to contribute significantly toward the expansion of the application of technology in high power devices in the industry.

The increasing trend and demand of consumers for smart home automation and control for centrally managing the appliances and other electric systems have also contributed to the residential sector application growth, hence impacting the Power over the Ethernet market in a positive manner.

The ability of the PoE of increasing the control, monitoring capabilities with the reduced costs, and flexible network architectures across the various application segments have also contributed to the enhanced growth. Extensive adoption of the VoIP technology and rising demand for network security cameras are anticipated to drive the demand.

New launched applications and delivery systems enabling the users to switch to IP service from a POTS offering a versatile platform is expected to drive the demand and focus of the VoIP over the forecast period. Furthermore, the rising energy costs and increasing adoption of digital signage technology are also estimated to impel the PoE technology market demand.

Although, leveraging the technology benefits leads to higher capital expenditure on electrical and data infrastructure. further, an inadequate supply of power and a slow adoption rate of the technology can hamper the growth of the industry.

 Request a free sample copy or view report summary: Power Over Ethernet Market Report

Power Over Ethernet Market Report Highlights

• The Power over Ethernet technology is gaining the attention within the market owing to the ability to combine the networking and electrical power into one cable

• Powered device controllers and ICs segment is expected to experience the fastest CAGR during the forecast period

• Increasing implementation of IP cameras for security, webcams, VoIP phones are projected to lead the residential application growth

• North America is envisioned to emerge as a predominant region in terms of revenue over the forecast period owing to the increasing demand for ICs and PoE controllers

Power over Ethernet Market Segmentation

Grand View Research has segmented the global power over ethernet market report based on type, application, end use, and region:

Power Over Ethernet Type Outlook (Revenue, USD Million, 2018 - 2030)

• Power Sourcing Equipment Controllers and ICs

• Powered Device Controllers and ICs

Power Over Ethernet Application Outlook (Revenue, USD Million, 2018 - 2030)

• Connectivity

• Security and Access Control

• Infotainment

• LED Lighting and Control

• Others

Power Over Ethernet End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Commercial

• Industrial

• Residential

Power Over Ethernet Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • Saudi Arabia

  • UAE

  • South Africa

List of Key Players of Power Over Ethernet Market

• Axis Communications AB

• Texas Instruments Incorporated

• STMicroelectronics

• Broadcom

• Microsemi Corporation (Microchip Technology Inc.)

• Semiconductor Components Industries, LLC

• Silicon Laboratories

• Monolithic Power Systems, Inc.

• MSTronic Co., Ltd

• Cisco Systems, Inc.