Power Over Ethernet (PoE) Chipsets Market Size | Growth Report, 2024
IMARC Group has recently released a new research study titled “Power Over Ethernet (PoE) Chipsets Market Report by Type (Power Sourcing Equipment (PSE) Chipset, Powered Devices (PD) Chipset), Standard (802.3af Standard, 802.3at Standard, 802.3bt Standard), Device Type (Network Cameras, VoIP Phone, Ethernet Switch and Injector, Wireless Radio Access Point, Proximity Sensor, and Others), Application (Connectivity, Infotainment, LED Lighting, Security, and Others), End-Use Sector (Residential, Commercial, Industrial), and Region 2024-2032”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
The global power over ethernet poe chipsets market size reached US$ 733.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,805.1 Million by 2032, exhibiting a growth rate (CAGR) of 10.2% during 2024-2032.
Power Over Ethernet (PoE) Chipsets Market
The Power over Ethernet (PoE) chipset is a component of integrated circuits (ICs) that are used to transfer electrical signals and data over cables to avoid the use of separate power cords. They are utilized in proximity sensors, voice over internet protocol (VoIP) phones, ethernet switches, wireless radio access points, and pan-tilt-zoom cameras. These chipsets can also be used in local area network (LAN) access points without being connected to a current outlet. They also offer high interoperability, reliability, convenience, and holistic solution for applications, including professional audio control, digital signage, small cell radio units, industrial access control, and connecting lighting.
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Power Over Ethernet (PoE) Chipsets Market Trends:
The rising industrialization and the widespread adoption of information protocol (IP) telephony across the globe are primarily driving the power over ethernet (PoE) chipsets market.
Furthermore, the increasing usage of network security cameras, wireless access points, and ethernet-based radio frequency identification (RFID) readers is also augmenting the market growth. Apart from this, numerous technological advancements, such as the development of energy efficient PoE solutions in high-power devices, are positively influencing the global market.
Moreover, the growing utilization of power over ethernet chipsets, as it offers several benefits, including simplified infrastructure management, convenience in maintenance, reduced downtime, and enhanced installation flexibility and cost-effectiveness, is further bolstering the market growth. Besides this, the escalating demand for Industrial Internet-of-Things (IIoT) and IoT in smart buildings, automated factories, and industrial networks is acting as another significant growth-inducing factor.
Additionally, infrastructural developments, especially in emerging economies, and the widespread big data analytics and cloud-based services adoption are expected to drive the power over ethernet (PoE) chipsets market in the coming years.
Power Over Ethernet Poe Chipsets Market Report Segmentation:
Breakup by Type:
· Power Sourcing Equipment (PSE) Chipset
· Powered Devices (PD) Chipset
Breakup by Standard:
· 802.3af Standard
· 802.3at Standard
· 802.3bt Standard
Breakup by Device Type:
· Network Cameras
· VoIP Phone
· Ethernet Switch and Injector
· Wireless Radio Access Point
· Proximity Sensor
· Others
Breakup by Application:
· Connectivity
· Infotainment
· LED Lighting
· Security
· Others
Breakup by End-Use Sector:
· Residential
· Commercial
· Industrial
Breakup by Region:
· North America
· Asia Pacific
· Europe
· Latin America
· Middle East and Africa
Competitive Landscape with Key Players:
The competitive landscape of the power over ethernet chipsets market size has been studied in the report with the detailed profiles of the key players operating in the market.
Some of These Key Players Include:
· Analog Devices Inc.
· Cisco Systems Inc.
· Delta Controls Inc.
· Kinetic Technologies
· Maxim Integrated
· Microsemi Corporation (Microchip Technology Inc.)
· Monolithic Power Systems Inc.
· NXP Semiconductors N.V.
· On Semiconductor Corporation
· Semtech Corporation
· Silicon Laboratories Inc.
· STMicroelectronics N.V.
· Texas Instruments Incorporated
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Key Highlights of the Report:
· Market Performance (2018-2023)
· Market Outlook (2024-2032)
· Market Trends
· Market Drivers and Success Factors
· Impact of COVID-19
· Value Chain Analysis
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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