Power over Ethernet (PoE) Solutions Market to Grow with a CAGR of 10.19% through 2028

Increasing demand for PoE-enabled devices in commercial and industrial settings and rising adoption of IoT devices are likely to drive the market in the forecast period.

According to TechSci Research report, “Power over Ethernet (PoE) Solutions Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Power over Ethernet (PoE) Solutions Market stood at USD 2.08 billion in 2022 and is anticipated to grow with a CAGR of 10.19% in the forecast period.One of the primary drivers propelling the global Power over Ethernet (PoE) Solutions market is the proliferation of Internet of Things (IoT) devices across various industries. IoT devices encompass a vast array of connected technologies, including security cameras, access points, sensors, and smart appliances, which often rely on PoE for both data connectivity and power supply. The convenience and efficiency offered by PoE make it an ideal choice for IoT deployments. PoE eliminates the need for separate power cables and outlets for these devices, streamlining installation and reducing infrastructure complexity. This not only cuts down on deployment costs but also enhances flexibility in device placement, as IoT devices can be positioned in locations without easy access to electrical outlets.

As IoT adoption continues to grow across sectors such as manufacturing, healthcare, and smart cities, the demand for PoE solutions rises in tandem. PoE's ability to efficiently power and connect these IoT devices underscores its importance in enabling the Internet of Things, making it a pivotal driver for market expansion.                                                                                             

Another significant driver fueling the global PoE Solutions market is the increasing emphasis on energy efficiency and sustainability in both commercial and industrial settings. Organizations worldwide are actively seeking ways to reduce their carbon footprint, minimize energy consumption, and lower operational costs. PoE technology aligns perfectly with these goals. By transmitting both data and power over a single Ethernet cable, PoE eliminates the need for additional power cords and outlets, reducing energy wastage and simplifying infrastructure. This energy-efficient approach resonates with businesses and institutions looking to achieve sustainability targets and adhere to environmental regulations. The green technology movement has further accelerated the adoption of PoE solutions, particularly in sectors like smart buildings, where PoE-powered LED lighting, HVAC controls, and occupancy sensors offer significant energy savings and controllability. PoE's energy-efficient features position it as an attractive choice for organizations striving to reduce their environmental impact and operating expenses, making it a powerful driver in the PoE Solutions market's growth.

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The Global Power over Ethernet (PoE) Solutions Market is segmented into type, device type, end user, application and region.

Based on type, The Power sourcing equipment controller & ICs segment had the largest market share in 2022 & expected to maintain it in the forecast period. PSE controllers and ICs are an integral part of network switches, routers, and midspans, which are the backbone of network infrastructure in various industries. These devices act as the power source, delivering both data and electrical power to PoE-enabled devices like IP cameras, wireless access points, and VoIP phones. Because nearly all network installations require switches and routers, the demand for PSE controllers is consistently high. PoE standards, such as IEEE 802.3af, IEEE 802.3at (PoE+), and IEEE 802.3bt (PoE++), provide a standardized framework for PSE controllers. This standardization ensures compatibility and interoperability across different vendors and devices. As a result, PSE controllers are a reliable choice for network administrators and engineers seeking to implement PoE without concerns about compatibility issues. PSE controllers are primarily used in enterprise and commercial environments where network reliability, scalability, and manageability are critical. These applications include offices, data centers, education institutions, healthcare facilities, and telecommunications infrastructure. The PoE technology provided by PSE controllers supports a wide range of devices that enhance productivity and security in these settings. PSE controllers offer advanced power management features, allowing network administrators to monitor and control power delivery to connected devices. This capability is valuable for optimizing power usage, troubleshooting network issues, and ensuring device uptime. It aligns with the requirements of businesses and organizations that prioritize efficient power management. The IT and telecommunications sectors have been early and consistent adopters of PoE technology, driving the widespread use of PSE controllers. The ability to power network devices, such as VoIP phones and wireless access points, over Ethernet cables has significantly simplified network deployments and reduced cabling complexity.

Based on application, The IoT Connectivity segment had the largest market share in 2022 and is projected to experience rapid growth during the forecast period. The IoT ecosystem has witnessed explosive growth, with billions of connected devices worldwide. These devices, which include sensors, cameras, smart sensors, and more, require both data connectivity and power supply. PoE technology is uniquely positioned to meet these dual requirements by enabling the simultaneous transmission of data and power over a single Ethernet cable. PoE simplifies the deployment of IoT devices significantly. Traditional IoT deployments often require separate power cables and data connections, leading to complex and costly infrastructure. PoE eliminates this complexity, as devices can be powered and connected through a single Ethernet cable, reducing installation time and costs. Cost is a critical factor in IoT deployments. PoE's cost-efficiency is a driving factor in its dominance in IoT connectivity. Organizations can save on cabling, installation labor, and power infrastructure costs by leveraging PoE. This cost-effectiveness is particularly attractive for large-scale IoT deployments in industries like manufacturing, agriculture, and smart cities. Energy efficiency is crucial for IoT devices that may operate 24/7. PoE technology has evolved to be energy-efficient, reducing power consumption and contributing to sustainability goals. This is especially important in applications like environmental monitoring, where IoT sensors need to operate continuously with minimal energy usage. IoT devices are often deployed in remote or challenging locations, where access to power outlets may be limited.

Major companies operating in the Global Power over Ethernet (PoE) Solutions Market are:

• Cisco Systems Inc.
• Ubiquiti Inc
• Hewlett Packard Enterprise Company
• NETGEAR Inc
• Allied Telesisc Holding
• Axis Communications
• Microsemi Corporation
• PoE Texas
• PLANET Technology Corporation

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“The Global Power over Ethernet (PoE) Solutions market is expected to rise in the upcoming years and register a significant CAGR during the forecast period. The growth of the PoE solutions market is attributed to the increasing demand for PoE-enabled devices, such as IP cameras, wireless access points, and VoIP phones. These devices are widely used in commercial and industrial settings, such as offices, schools, hospitals, and factories. In addition, the rising adoption of IoT devices is also driving the growth of the PoE solutions market. IoT devices, such as smart sensors, actuators, and controllers, often require power and data to be transmitted over the same cable. PoE provides a convenient and cost-effective way to do this.  Also, North America is the largest market for PoE solutions, followed by Europe and Asia Pacific. The growth of the PoE solutions market in Asia Pacific is attributed to the rapid expansion of the IT and telecommunications sector in the region. Therefore, the market of Power over Ethernet (PoE) Solutions is expected to boost in the upcoming years.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Power over Ethernet (PoE) Solutions Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028  Segmented By Type (Power sourcing equipment controller & ICs, Power Devices controller & ICs),  By Device Type (Ethernet Switches and Injectors, IP Cameras, VoIP Phones, Wireless Radio Access Points, Others), By Application (IoT Connectivity, Lighting Control, Infotainment, Access Control and Security, Others), By End User (Commercial, Residential, Industrial), By Region, By Competition”, has evaluated the future growth potential of Global Power over Ethernet (PoE) Solutions Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers make sound investment decisions., The report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Power over Ethernet (PoE) Solutions Market.

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