Power Over Ethernet Market by Type and Geography - Forecast and Analysis 2022-2026

The power over ethernet market share is expected to increase by USD 860.56 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 14.10%.

This power over ethernet market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (powered device and power sourcing equipment) and geography (APAC, Europe, North America, MEA, and South America). The power over ethernet market report also offers information on several market vendors, including Analog Devices Inc., Broadcom Inc., Cisco Systems Inc., Maxim Integrated Products Inc., Microchip Technology Inc., Monolithic Power Systems Inc., Semiconductor Components Industries, LLC, Silicon Laboratories Inc., STMicroelectronics NV., and Texas Instruments Inc. among others.

What will the Power Over Ethernet Market Size be During the Forecast Period?

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Power Over Ethernet Market: Key Drivers and Trends

The growing adoption of VoIP phones and wireless networking is notably driving the power over ethernet market growth, although factors such as the limitation on the amount of power delivered to end devices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the power over ethernet industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Power Over Ethernet Market Driver

One of the key factors driving growth in the power over ethernet market is the rising adoption of VoIP phones and wireless networking. Voice over Internet Protocol (VoIP) helps companies in offering better video, voice, and data exchange services. VoIP solutions allow the usage of data networks for voice transmission services in small-sized packets. This helps in increasing spectrum efficiency and reducing operational and maintenance costs. Industries across the globe are witnessing an increase in the commercialization of 5G and rapid growth in the use of VoIP networks. Growing dependence on cloud-based communications and transition on legacy systems are further promoting the adoption of hosted VoIP services. Businesses utilize VoIP to mitigate the negative impacts of poor communication infrastructure, such as low audio quality and longer delays. Such factors are expected to foster the growth of the market in focus.

Key Power Over Ethernet Market Challenge

The limitation on the amount of power delivered to end devices will be a major challenge for the power over ethernet market vendors during the forecast period. Power over Ethernet has a capacity to supply a sufficient amount of power to conventional pan-tilt-zoom (PTZ) cameras, but they cannot supply ample electrical energy for network PTZ cameras, which have a high power consumption rate. In addition, generally, single power over Ethernet power source or switch is connected to multiple devices. In such a scenario, if any of the power over Ethernet network devices encounter an issue or problem, there are chances that all the devices fail consequently. Such factors limit the growth of the global power over ethernet market.

This power over ethernet market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Power Over Ethernet Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Analog Devices Inc.
• Broadcom Inc.
• Cisco Systems Inc.
• Maxim Integrated Products Inc.
• Microchip Technology Inc.
• Monolithic Power Systems Inc.
• Semiconductor Components Industries, LLC
• Silicon Laboratories Inc.
• STMicroelectronics NV.
• Texas Instruments Inc.

This statistical study of the power over ethernet market encompasses successful business strategies deployed by the key vendors. The power over ethernet market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The power over ethernet market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Power Over Ethernet Market?

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35% of the market's growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for power over ethernet in APAC. Market growth in this region will be slower than the growth of the market in the European, MEA, and South American regions.

The rise in urbanization will facilitate the power over ethernet market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Type Segments in the Power Over Ethernet Market?

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The power over ethernet market share growth by the powered device segment will be significant during the forecast period. The increasing implementation of voice over internet protocol (VoIP) devices in telecommunication applications due to their cost-effectiveness is estimated to further augment the growth of the market.

This report provides an accurate prediction of the contribution of all the segments to the growth of the power over ethernet market size and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Data Covered in this Power Over Ethernet Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive power over ethernet market growth during the next five years
• Precise estimation of the power over ethernet market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the power over ethernet industry across APAC, Europe, North America, MEA, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of power over ethernet market vendors

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