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.
Author Credits: Dhruv Bhatia
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