 Solutions Market Overview.webp)
Power over Ethernet Solutions Market size was over USD 2.42 billion in 2024 and is poised to exceed USD 8.45 billion by 2037, growing at over 10.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of power over ethernet solutions is evaluated at USD 2.62 billion. The major factor to boost the growth of this market is the rise in the adoption of VoIP services. Globally, the number of people using VoIP services is 2 million. Hence, with this, the adoption of PoE solutions is also growing. A router or other similar equipment injects a very small electrical current into an Ethernet cable to enable PoE to function. A VoIP phone is turned on when these cables are connected to an Ethernet port that supports PoE.
Additionally, the use of PoE is also growing in the smart grid to deliver data and power over a single line to field devices that support the effective utilization of physical space and data communication technologies. Smart grids require a systematic upgrading of the network infrastructure to enable advanced technologies and services. Hence, the demand for PoE solutions is growing. Furthermore, many countries are investing in smart grid projects which are further poised to fuel the market expansion. Additionally, data and power delivery over a single Cat5 or Cat6 Ethernet cable is the main benefit of power over ethernet. Building owners may save significant amounts of time and money with remote installation since it is typically less expensive than optical fiber and doesn't need a licensed electrician.
Growth Drivers
The penetration of LED lighting is expected to have a boost in 2025 by about 75% globally. Hence, the demand for power over ethernet (PoE) is also set to have a dominating growth. When LED lights are used on a PoE network, wasteful power-conversion steps for LED lights used in a retrofitted, legacy AC-powered socket are reduced. Hence, this results in excellent energy efficiency.
Owing to the rise in security breaches various companies have started deploying IP cameras in their organization to keep track of the number of people coming in and out daily. Further, since organizations deploy multiple security cameras, the PoE solution is the best choice for them, since they operate in just one cable providing both network connection and power.
Data centers are in constant need of power solution which is efficient and cost-effective. Hence, the PoE solution is estimated to satisfy that need.
Challenges
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
10.1% |
|
Base Year Market Size (2024) |
USD 2.42 billion |
|
Forecast Year Market Size (2037) |
USD 8.45 Billion |
|
Regional Scope |
|
Type (Powered Devices, Power Sourcing Equipment (PSE))
Power over ethernet solutions market from the power sourcing equipment segment is expected to garner the highest revenue by the end of 2037. The growth of this segment is poised to be influenced by its extensive use in meeting the power requirement in various powered devices application such as wireless access points, video cameras, VoIP phones, and more. As it saves cost by eliminating the necessity to deploy separate power supply, its use in this application is growing.
Application (Lighting Control, IoT Connectivity, Access Control & Security, Infotainment)
The IoT connectivity segment in the power over ethernet solutions market is predicted to have significant growth till 2037. This enlargement is estimated to be dominated by the growing use of IoT in various industries such as manufacturing, retail, healthcare, and transportation. Hence, with this, the deployment of PoE-enable switches, and routers is forecast to grow further boosting the market gain.
Our in-depth analysis of the global PoE solutions market includes the following segments:
|
Type |
|
|
Device Type |
|
|
Application |
|
|
End Use |
|
North American Market Forecast
The PoE solutions market in the North America is anticipated to have the highest growth between 2023 and 2037, backed by a rise in demand for wireless devices, such as smartphones, and access points, which support PoE. There were about 306 million smartphone users in 2022 in the United States.
APAC Market Analysis
The Asia Pacific power over ethernet solutions market is estimated to have significant growth shortly. This market’s expansion in the region is dominated by growing demand for high-speed internet. Moreover, in China, the market is experiencing constant evolution owing to the surging focus on network security.
European Market Statistics
The market in the Europe region is set to grow over the forecast period. Government plays a dominant role in the extension of the market in the region since they are setting certain regulations to implement PoE solutions. Moreover, they are also initiating various strategies along with collaborating with stakeholders which would open the growth prospects.
 Solutions Market Share.webp)
Author Credits: Dhruv Bhatia
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?