-- The global power over ethernet solutions market is projected to win commendable acclaim in the ensuing years, primarily propelled by the rising trend of connected devices along with the growing need for high performance networks. If reports are to be believed the number of connected devices reached 22 Billion globally, in 2018, which depicts an ocean of opportunities for related industries. Moreover, it is speculated that 38.6 billion devices will be connected to the internet by the year 2025, and 50 billion by the year 2030.
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The rising adoption of LED lighting for improved luminance effect is fueling the PoE solution market growth. The PoE solution eliminates the need to have separate power devices to supply power to each IP-enabled lighting system. The PoE solution helps in improving energy efficiency and productivity at commercial places. Companies are providing lighting systems, which are making use of PoE solutions to power-connected smart buildings. For instance, in January 2019, Wipro Lighting teamed up with Cisco for PoE and pureLi-Fi for connected lighting solutions. By deploying PoE-based smart lighting systems, the facilities manager can remotely manage the lights and room temperature depending on the occupancy levels.
The Power Over Ethernet Solutions Market in IP camera segment held a significant market share of over 24% in 2018 due to the increase in demand for a reliable and cost-effective surveillance systems. PoE-enabled IP cameras require a single connection for data connectivity and power supply. PoE-enabled cameras help in reducing the cost and complexities associated with additional hardware required for installing IP cameras. By deploying PoE solutions, enterprises gain the flexibility to choose the location of the camera as its installation does not require proximity to the power source.
The security solution provider companies are developing PoE-enabled IP cameras to help enterprises meet their business environment surveillance purposes. For instance, in July 2017, Zhejiang Dahua Technology Co., Ltd., a leading video surveillance solution provider, launched ePoE series IP cameras for SMEs. These new products help enterprises in reducing the cost associated with the additional power hardware required for surveillance.
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For the power over ethernet solutions market, North America held the highest market share of over 45% in 2018 due to the presence of prominent PoE equipment manufacturers in the region such as Cisco, Broadcom, Dell EMC, and HPE. The growing adoption of the IoT for building and factory automation is also supporting the PoE solution market growth. For instance, in 2018, the global smart building sector received an investment of over USD 2.4 billion in startups, more than half of them were from Canada and the U.S.
In light of the abovementioned factors, it would be prudent to claim that driven by the burgeoning demand from powered devices, technological enhancements, and IoT trend the global power over ethernet solutions market will capture remarkable earnings in the subsequent years. A research report by the Global Markets Insights, Inc. claims that the Power Over Ethernet Solutions Market will surpass USD 2 billion by 2025 with commercial establishments holding a substantial market share, on account of the growing demand for smart workplaces.
Table of Contents (TOC) of the report:
Chapter 4 Power Over Ethernet Solutions Market, Competitive Landscape
4.1 Introduction
4.2 Company market share analysis, 2018
4.3 Competitive analysis of major PoE players, 2018
4.3.1 Cisco
4.3.2 Hewlett Packard Enterprise (HPE) (Aruba Networks)
4.3.3 Broadcom
4.3.4 Dell Technologies. Inc.
4.4 Competitive analysis of other prominent players, 2018
4.4.1 Maxim Integrated
4.4.2 Netgear
4.4.3 Analog Devices, Inc.
4.4.4 Microsemi
4.5 Other prominent vendors
Chapter 5 Power Over Ethernet Solutions Market, By Type
5.1 Key trends, by type
5.2 Power Sourcing Equipment (PSE)
5.2.1 Market estimation & forecast, 2014-2025
5.3 Powered Devices (PDs)
5.3.1 Market estimation & forecast, 2014-2025
Chapter 6 Power Over Ethernet Solutions Market, By Device
6.1 Key trends, by device
6.2 Ethernet switches and injectors
6.2.1 Market estimation & forecast, 2014-2025
6.3 IP cameras
6.3.1 Market estimation & forecast, 2014-2025
6.4 VoIP phones
6.4.1 Market estimation & forecast, 2014-2025
6.5 Wireless radio access points
6.5.1 Market estimation & forecast, 2014-2025
6.6 Others
6.6.1 Market estimation & forecast, 2014-2025
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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