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Increase in deployment of VoIP phones which will further boost the Power Over Ethernet Solutions Market.

HYDERABAD, TELANGANA, INDIA, February 9, 2023 /EINPresswire.com/ -- IndustryARC, in its latest report, predicts that Power Over Ethernet Solutions Market is estimated to reach $735.4 million by 2027, witnessing a CAGR 12.2% from 2022 to 2027. PoE is a technology which describes several standard ad-hoc systems that are used for power and data transmission over an existing data connection with a single Ethernet cabling with a network interface controller. Low cost, low maintenance, easy installation and less downtime are some of the factors make it more advanced than traditional network power cables. The report offers an extensive analysis of the market, its major segments, growth factors, trends, drivers and challengers, key players and more.

Interested in knowing more relevant information? Click here:
https://www.industryarc.com/pdfdownload.php?id=505280

Key Takeaways:

This IndustryARC report on the Power Over Ethernet Solutions Market highlights the following areas –

1. North America dominates the Power Over Ethernet Solutions market owing to high investments and early adoption of advanced technologies such as IoT and smart buildings.

2. Growing adoption of PoE for smart buildings as it reduces installation costs, offer responsive deployment. It benefits building owners as they are cost effective compared to traditional electrical wiring.

3. High adoption of PoE in smart grids with increasing investments in smart grid infrastructure and its up gradation set to boost the PoE market demand.

Segmental Analysis:

By Standard :

802.3Bt Standard holds the major share in Power Over Ethernet Solutions market at 42.2% in 2021. Growing demand for high powered devices in order to support smart devices connected to the Ethernet network is set to drive the PoE market growth. In 2018, The Institute of Electrical and Electronics Engineers (IEEE) had ratified as in order to meet the power demand of smart buildings and IoT applications.

By Application:

LED Lighting has been the primary application for Power Over Ethernet Solutions market and is expected to grow at a CAGR of 12.6% during forecast period 2022-2027. In LED Lighting, PoE can be used to eliminate separate power supplies and additional AC electrical infrastructure to power IP enabled building systems.

By Geography:

North America dominated the Power Over Ethernet Solutions market with a share of 34.2% in 2021, followed by Europe and APAC. The presence of large number of PoE power sourcing equipment as well as powered device manufacturers in this region is set to drive the PoE market.

Click on the following link to buy the Power Over Ethernet Solutions Market Report:
https://www.industryarc.com/reports/request-quote?id=505280

Competitive Landscape:

The top 5 players in the Power Over Ethernet Solutions Industry are -

1. Microsemi Corp.
2. Linear Technology Corp.
3. Maxim Integrated Products Inc.
4. Cisco Systems, Inc.
5. STMicroelectronics N.V.

Click here to browse the complete report summary:
https://www.industryarc.com/Research/Power-Over-Ethernet-Solutions-Market-Research-505280

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B. Industrial Ethernet Switch Market:

https://www.industryarc.com/Research/Industrial-Ethernet-Switch-Market-Research-505826

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