October 16, 2019
According to the latest study titled ‘Global Power over Ethernet (PoE) Solutions Market Size, Status and Forecast 2019-2025’ available with Market Study Report LLC, the global power over ethernet solutions market is estimated to grow substantially by the year 2025.
Power over ethernet (PoE) is a reliable technology that provides both data and power to the devices in the network, hence eliminating the need for separate power cables. By eradicating the additional power infrastructure from the setup, PoE simplifies the wiring and makes it convenient for office, home, and industrial environments, which is boosting the demand for these solutions. The system also assists in centralizing power in one location and offers high-speed connectivity aiding several wireless equipment across various corporate settings, thereby propelling the growth of PoE solutions market.
The study analyzes power over ethernet solutions market for segmental shares and growth opportunities. It also provides a detailed synopsis of trends, challenges, distribution channels, marketing strategies, consumer spectrum, and drivers impacting the market growth.
Based on type, the power over ethernet solutions market is segmented as powered device controllers & ICs and power sourcing equipment controllers & ICs. While based on application spectrum, the market is divided into commercial, residential, and industrial. As per report, the market is expected to gain traction over the predicted time period due to the necessity of deploying power cables for providing continuous reliable power supply and data access to consumers, alongside the flexibility of using long cables.
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Considering the geographical landscape, the global PoE solutions market is fragmented into different regions, namely, India, US, Central & South America, Europe, Southeast Asia, China, and Japan. In addition, North America PoE solutions market is presumed to register lucrative growth opportunities over the analysis timeframe, owing to the existence of large number of PoE power sourcing equipment and presence of key manufacturers in the region.
Some of the vendors that operate in the global power over ethernet solutions market are Avaya, Cisco, Dell, HP, Alcatel-Lucent, Brocade, Juniper, Netgear, Extreme, D-Link, Alaxala, Adtran, ZTE, Texas Instruments, and Huawei.