Power Over Ethernet Solutions Market : Opportunities , Challenges and Trends

The power over Ethernet (PoE) solutions market was valued at USD 451.1 Million in 2015 and is estimated to reach USD 1,048.3 Million by 2022, at a CAGR of 12.56% during the forecast period. The base year used for this study is 2015, and the forecast period considered is between 2016 and 2022.

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The power over Ethernet solutions market for the commercial vertical is expected to be the fastest-growing market by 2022. The increasing demand for power over Ethernet technology-based products from office buildings, especially for connectivity and security & access control applications, is one of the major factors driving the growth of the market. Besides this, the growing popularity of the PoE technology-based lighting solutions due to their advantages has led to the growth in the power over Ethernet solutions market for the commercial vertical.

The key restraining factor for the growth of the power over Ethernet solutions market is the limitation on the amount of power delivered to the end devices by the use of PoE-based power sourcing equipment. This report describes the drivers, restraints, opportunities, and challenges pertaining to the power over Ethernet solutions market. In addition, it analyzes the current scenario and forecasts the market till 2022, including the market segmentation based on type, device type, application, vertical, and geography.

Market for powered device (PD) controllers & ICs likely to grow at the highest rate during the forecast period

Powered device (PD) controllers & ICs are expected to lead the overall power over Ethernet solutions market during the forecast period. The power over Ethernet solutions market for powered device (PD) controllers & ICs is expected to grow at the highest rate between 2016 and 2022. This market growth can be attributed to the increasing demand for PoE-enabled powered devices, especially VoIP phones, wireless access points, and IP cameras.

Commercial vertical accounted for the largest share of the power over Ethernet solutions market in 2015

The power over Ethernet solutions market is led by the commercial vertical, which is further segmented into office buildings, healthcare, retail, and others. The high demand for power over Ethernet technology-based products from office buildings, especially for connectivity and security & access control applications, is one of the major factors driving the growth of the power over Ethernet solutions market for the commercial vertical.

North America held the largest market share in 2015

North America held the largest share of the power over Ethernet solutions market in 2015, followed by APAC and Europe. The U.S. accounted for the largest share of the power over Ethernet solutions market in North America, followed by Canada and Mexico. The high growth of the market in this region can be attributed to the increasing demand for PoE controllers & ICs due to the presence of a large number of PoE power sourcing equipment as well as powered device manufacturers in North America.

The major players operating in this market include Texas Instruments, Inc. (U.S.), Maxim Integrated Products, Inc. (U.S.),  Axis Communications AB (Sweden), STMicroelectronics N.V. (Switzerland), Linear Technology Corp. (U.S.), Broadcom Ltd. (U.S.), Microsemi Corp. (U.S.), ON Semiconductor (U.S.), Monolithic Power Systems, Inc. (U.S.), and Silicon Laboratories, Inc. (U.S.), among others.

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