DUBLIN--(BUSINESS WIRE)--The "Power Over Ethernet Solutions - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Combining Data & Power, a Smart Solution for Smart Networks - PoE to Reach $1.1 Billion by 2025
The global market for Power Over Ethernet (PoE) Solutions is forecast to reach US$1.1 Billion by 2025, trailing a 10.8% CAGR, which is driven by the rising value of investments in Ethernet network infrastructure and the ensuing focus on powering networks in a reliable and energy-efficient manner.
The environmental pressure to reduce carbon footprint and the financial pressure to reduce operational costs are forcing companies to focus on reducing electricity usage in communication and data networks. This is especially so against the backdrop of rising power consumption of network-enabled devices and the focus on reducing idle power consumption and optimizing energy savings and cost. The quest for green alternatives is expected to translate into direct benefits for the PoE market. Also, the ever-present need for reliable networks with high bandwidth, low latency, and fast data transfer is helping position PoE as an ideal enabling technology for reliable powered links and network connections.
Also spurring growth in the market are growing investments in Ethernet infrastructure; technology feasibility of delivering high power over 4-Pairs enabled by the 802.3bt standard and the resulting expansion of end-use applications to diverse industries; growing interest in outdoor PoE deployments and the resulting popularity of Fiber PoE; expanding IoT ecosystem and the rise of PoE as the technology most suited for powering the billion-plus IoT connected devices.
Smart lighting feature, which is an integral part of smart buildings, is also expected to fuel demand for PoE solutions. Currently, lighting accounts for as much as 40% of total electricity use in buildings. This consequently raises the need to develop smart spaces with minimal electricity usage, whereby there is an increased focus on smart LED lighting solutions. The growing integration of smart lighting systems and the need to regulate the same are expected to fuel the need for using PoE solutions.
By using PoE solution, the need for a separate power device for supplying power to IP-enabled lighting systems is eliminated, thus favoring its use in smart lighting networks. In addition, PoE solutions play a vital role in enhancing energy efficiency as well as productivity in commercial places. Several companies are offering lighting systems that use PoE solutions for power-connected smart buildings. Using PoE-based smart lighting systems, the lighting systems of a facility can be remotely management and room temperatures can be adjusted based on occupancy levels.
The global COVID-19 pandemic is having a considerable impact on the world economy and all industries. The imposition of travel bans, quarantines, and lockdowns in several key economies are leading to a slowdown in the supply chain, creating uncertainty in the stock market, and affecting business confidence levels, besides causing panic among the world's population. For the networking market, the crisis has led to a significant increase in data traffic, with peak hours extending to all through the day due to an increase in teleworkers and greater use of high-resolution video streaming services.
The need to ensure business continuity is leading to greater use of online resources, whereby demand for communication and network infrastructure remains relatively unchanged. In the real estate industry, smart building technologies are being explored for their potential role in containing or dealing with such pandemics. For instance, building management systems are looking to regulate indoor humidity levels so as to reduce survival rates of viruses while LED disinfection LED technology is also being utilized.
Occupant monitoring is another technology with a possible role in smart building space. Asia-Pacific including China is forecast to emerge as the fastest-growing market in the post-pandemic period led by factors such as growing deployment of PoE based VoIP deployments in the enterprise sector, rising ICT investments in the industrial and manufacturing sector, and the ensuing rise of industrial-based networking systems; increased investments in plant automation and strong adoption of Industry 4.0 and IIoT technologies; and robust infrastructure investments in smart technologies in the energy and oil and gas end-use sectors.
Key Topics Covered
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Power over Ethernet (PoE) Solutions Market: Prospects and Outlook
- Impact of COVID-19
- Commercial Sector Leads Global PoE Solutions Market
- Powered Device Controllers & ICs: The Major Product Category
- Connectivity and Access Control & Security Emerge as Prominent Applications
- Developed Regions Lead, Developing Economies to Spearhead Future Growth
- Key Challenges Facing the PoE Solutions Market
- Competition
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rising Demand for Ethernet-Connected Devices Fuels Growth in POE Solutions Market
- Continuous Rise in Use of Wireless Networking and VoIP Phones: A Major Market Opportunity
- Mobile VoIP Market (In Billion US$) for the Years 2017, 2019, 2022 and 2024
- Easy Installation, High Reliability, Better Network Control and Cost Savings for Enterprises Fuel Adoption of PoE Solutions
- New and Improved POE Standard Promises Growth
- Expanded Applications Open New Growth Avenues for PoE Solutions
- 5G Smartphone Subscriptions in Millions: 2020 to 2025
- Rise in Adoption of Internet of Things (IoT) by Businesses to Drive Growth
- Global Number of Internet of Things (IoT) Devices in Billion for the Years 2016 through 2022
- Adoption of Smart Technologies in Healthcare to Augment Opportunities for PoE Solutions
- World Healthcare IT Spending (in US$ Billion) for Years 2019, 2021, & 2023
- Surge in Industry 4.0 Adoption Augurs well for Market Growth
- World Industry 4.0 Investments (in US$ Billion) for Years 2019, 2021, & 2023
- Surging Adoption of LED Lighting Systems Augurs Well for the Market
- Global Demand for LED Lighting in General Lighting Applications in $ Billion: 2016-2024
- PoE for Providing Smart Building Experiences to Occupants
- Growing Number of Smart Homes Catalyzes Demand for PoE Solutions: Global Smart Homes Market (In US$ Billion) for the Years 2019, 2021, 2023 & 2025
- Global Smart Homes Market by Category in % Share for the Year 2020
- Adoption of PoE for Smart Buildings to Increase Driven by New and Updated Standards
- PoE Lighting to be Key to Smart Buildings of the Future
- Adoption of PoE Continues to be Limited, Vendors to Use Innovative Strategies to Increase Consumer Awareness and thereby Adoption
- Rise of Smart Grid to Drive Growth in the PoE Market
- Infotainment Segment to Drive Growth in Power Over Ethernet Solutions Market
- Vendors Launch Innovative PoE Solutions to Resolve Interoperability Issues of Powered Devices
- Select Product Launches and Developments
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
Total Companies Profiled: 64
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