Power Over Ethernet Market size to grow by USD 860.56 Mn | Growing Adoption Of VoIP Phones And Wireless Networking to Boost Market Growth | 17,000+ Technavio Research Reports

NEW YORK, Dec. 7, 2021 /PRNewswire/ -- The power over ethernet market has witnessed substantial growth over recent years. The growing urban population coupled with the rising penetration of smartphones and the internet, especially in the developing regions have created a lucrative market for power over ethernet. In addition, the increasing adoption of IoT across various industries and the rising popularity of smart buildings are creating significant opportunities for market players.

Technavio analyses the "Power Over Ethernet Market by Type (Powered device and Power sourcing equipment) and Geography (APAC, Europe, North America, MEA, and South America)". With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the power over ethernet market between 2021 and 2026 is USD 860.56  million.

Key Market Dynamics:

The growing adoption of VoIP phones and wireless networking and simple and cost-effective installation are some of the key market drivers. VoIP solutions enable voice transmission in small-sized packets that help enhance spectrum efficiency and reduce operational and maintenance costs. Hence, they are widely adopted by businesses to mitigate the negative impacts of poor communication infrastructure. In addition, the growing adoption of cloud-based communications is further increasing the adoption of VoIP services, which is positively influencing the market growth.

However, factors such as the limitation on the amount of power delivered to end devices will challenge market growth.

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Power Over Ethernet Market: Segmentation Analysis

View Technavio's Sample Report for additional highlights on major revenue-generating segments, regions, and key countries in the power over ethernet market.

Some Companies Mentioned with their Offerings

Accelerate at a CAGR of 14.10%

APAC, Europe, North America, MEA, and South America

China, US, Japan, Germany, and South Korea (Republic of Korea)

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Analog Devices Inc., Broadcom Inc., Cisco Systems Inc., Maxim Integrated Products Inc., Microchip Technology Inc., Monolithic Power Systems Inc., Semiconductor Components Industries, LLC, Silicon Laboratories Inc., STMicroelectronics NV., and Texas Instruments Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

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