The adoption of power over ethernet (PoE) controllers is expected to increase at a CAGR of 4.5% during the forecast period from 2023 to 2033. The power over ethernet (PoE) controllers market size is anticipated to rise from USD 296.1 million in 2023 to USD 461.4 million in 2033.
The sales of power over ethernet (PoE) controllers have been on a rising trajectory as enabling systems to transfer power and data safely to remote devices has surged the demand for power over ethernet (PoE) controllers worldwide. In an ethernet network, PoE controllers perform the function of safe data and power transference through standard data cables. The adoption trends of power over ethernet (PoE) controllers are greatly influenced by its emerging features.
The power over ethernet (PoE) controller market report by Future Market Insights reveals how the growing demand for such functions in IT-enabled business environments across the globe fuels the expansion of the market. Moreover, from the rising use of ethernet devices to the increasing adoption of centralized power management, several factors drive the demand for power over ethernet (PoE) controllers.
A legion of industries, including safety and wireless monitoring, use PoE solutions to support infrastructure initiatives like smart grid, and smart building projects, in turn, augmenting the power over ethernet (PoE) controllers market growth. Moreover, the sales of power over ethernet (PoE) controllers are soaring as it is practical to improve network deployment, flexibility, and stability by using a PoE solution for office networks.
| Attribute | Details |
|---|---|
| Power Over Ethernet (PoE) Controllers Market Estimated Size (2023) | USD 296.1 million |
| Power Over Ethernet (PoE) Controllers Market CAGR (2023 to 2033) | 4.5% |
| Power Over Ethernet (PoE) Controllers Market Forecasted Size (2033) | USD 461.4 million |
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The power over ethernet (PoE) controllers market witnessed significant growth during the period from 2018 to 2022, driven by the increasing adoption of PoE technology across various industries. The market experienced a valuation of USD 287.8 million in the year 2022 and recorded a significant CAGR of 2.4 % in the analysis period from 2018 to 2022.
The adoption of PoE technology in sectors such as telecommunications, commercial buildings, healthcare, and industrial automation fueled the demand for PoE controllers. Further, the convenience, cost savings, and simplified installation offered by PoE technology attracted businesses to implement PoE-enabled devices, leading to a surge in the demand for PoE controllers.
Looking ahead, market predictions for the period from 2023 to 2033 indicate sustained growth in the PoE controllers market. Also, the continued expansion of PoE technology across various sectors and the development of high-power PoE standards, such as IEEE 802.3bt (PoE++), are expected to drive market growth.
Manufacturers are expected to focus on innovation, product development, and customization to meet the specific requirements of different industries and applications. This might further drive the market growth during the forecast period.
The power over ethernet (PoE) controllers are anticipated to make significant advancements in many fields, improving the power over ethernet (PoE) controllers market trends and forecast as a result of the new wave of technology.
The demand for power over ethernet (PoE) controllers rises as for offices, smart buildings, and hospitals, PoE technology offers secure and dependable wireless networking. Further, a hospital's high daily influx of visitors raises the possibility of break-ins and other security breaches and the same necessitates the use of power over ethernet (PoE) solutions, shaping the power over ethernet (PoE) controllers market trends.
When a patient gets out of bed, sits up in the bed, or goes to sleep, many hospitals have started installing IP cameras to monitor the safety of the patients. The power over ethernet (PoE) controllers market outlook is likely to be positively influenced on account of the rising use of PoE technology to power IP cameras in healthcare facilities and hospitals.
Companies are adopting the POE solutions and its related technologies at an increasing rate and numerous power over ethernet (PoE) controllers market opportunities are presented for players in the market. Furthermore, the sales of power over ethernet (PoE) controllers spike as they can make the buildings smart by retrofitting them with equipment that is likely to improve their capacity to respond to commands from people.
Effectively combining information technology (IT) and operational technology (OT) is challenging and the same is likely to dwindle the power over ethernet (PoE) controllers market size in the forthcoming years.
Powered device controllers hold a significant share in the power over the ethernet (PoE) controllers market. These controllers play a crucial role in managing and regulating the power delivery process to powered devices in PoE systems.
Powered device controllers ensure the efficient and safe operation of devices such as IP cameras, wireless access points, VoIP phones, and IoT devices that receive power through Ethernet cables. Further, manufacturers and suppliers in the PoE controllers market focus on developing advanced-powered device controllers with enhanced functionality, efficiency, and compatibility to meet the evolving demands of industries across sectors.
PoE technology provides an efficient and convenient solution for powering and managing devices such as lighting systems, security systems, access control systems, and HVAC systems in smart buildings. Further, the demand for PoE controllers in Building Management Applications is driven by the increasing adoption of smart building technologies and the need for energy-efficient solutions.
PoE controllers enable the integration and control of various devices, allowing centralized monitoring, scheduling, and automation of building systems. This improves energy efficiency, reduces costs, and enhances overall building performance.
North America captured a power over ethernet (PoE) controllers market share of 32.1% in 2022. Power over Ethernet is increasingly in demand in North America owing to the Internet of Things (IoT) and machine-to-machine communication.
The region currently uses a large number of mobile and telecom devices, so it is essential to conduct efficient software and hardware testing at every stage of the development process to guarantee that these devices function securely.
Europe’s power over ethernet (PoE) controllers market held a share of 27.4% in 2022, where the market growth is being driven by the European Union's most economically powerful nations. The United Kingdom and Germany are two significant countries contributing to Europe’s power over ethernet (PoE) controllers market share.
The two sectors fostering the market in this area are the healthcare and automotive industries. Although it has a small population, Europe is expected to be another important region in this industry due to its advanced adoption of technological apparatus in tandem with due to the high per capita spending capacity.
The growth outlook for the power over ethernet (PoE) controllers market in India is highly promising. Additionally, India's rapid industrialization, government initiatives promoting digitalization and smart infrastructure, and the increasing adoption of PoE technology across various sectors are key factors driving the market's expansion.
The demand for PoE-enabled devices and solutions is rising due to the advantages of cost savings, simplified installation, and flexibility. Additionally, the growing deployment of IoT devices and the focus on energy efficiency further contribute to the demand for PoE controllers in India. To capitalize on this growth, manufacturers and suppliers should understand the specific requirements of Indian industries, forge strong partnerships, and offer customized solutions to meet the evolving needs of the market.
Businesses can effectively tap into the abundant opportunities presented by the growing PoE controllers market in India with these strategies in place.
Cisco, CommScope, euromicron AG, Kinetic Technologies, Dell, Monolithic Power Systems, Inc., Huawei Technologies Co., Broadcom, and Microchip Technology Inc. are a few of the well-known companies in the market.
Recent Developments as per the Power over Ethernet (PoE) Controllers Market Analysis
| Attribute | Details |
|---|---|
| Growth Rate | CAGR of 4.5% from 2023 to 2033 |
| Base Year of Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in USD million and Volume in Units and F-CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, growth factors, Trends, and Pricing Analysis |
| Key Segments Covered | By Type, By Application |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; The Middle East & Africa; Oceania |
| Key Countries Profiled | The United States, Canada, Brazil, Mexico, Germany, Italy, France, The United Kingdom, Spain, Russia, China, Japan, India, GCC Countries, Australia |
| Key Companies Profiled | Cisco; COMMSCOPE; euromicron AG; Kinetic Technologies; Dell; Monolithic Power Systems, Inc.; Huawei Technologies Co.; Broadcom |
| Customization & Pricing | Available upon Request |
The global power over ethernet (PoE) controllers market is estimated to be valued at USD 296.1 million in 2023.
The power over ethernet (PoE) controllers market is likely to thrive at a CAGR of 4.5% from 2023 to 2033.
The power over ethernet (PoE) controllers market is projected to reach a valuation of USD 461.4 million by 2033.
India is projected to lead the global power over ethernet (PoE) controllers market by 2033.
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Power Over Ethernet (PoE) Controllers Market
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