Global Power over ethernet Market is expected to grow at compound annual growth rate of ~13%

Pune, India, February 13, 2017 /MRFR Press Release/- Market Research Future announced the publication of half cooked research report on Power over ethernet Market. The global market for Power over ethernet is majorly driven by factors such as high convenience, lost cost installation and increasing demand for POE.

Market Highlights

POE combines the data and power on the same Ethernet cables to provide power to devices like remote network switches, wireless access points, security cameras and more. POE eliminates the extra need of power socket which make it beneficial in the case when devices like Wi-Fi access points or security cameras need to be installed in ceilings where direct power is difficult to place.

Power over ethernet has various application in commercial, industrial and residential sectors. As per trend, increase demand of consumers for smart home automation and control for centrally managing the appliances and other electric systems has also contributed to the residential sector application growth, hence contributing in the market growth of the Power over Ethernet.

Some of the factors like increasing the control, monitoring capabilities with the reduced costs and flexible network architectures across the various application segments has also contributed to the enhanced growth. Rising demand for network security cameras and adoption of the VoIP technology are expected to drive the demand of the power over ethernet market in the forecasted period.

For the purpose of this study, Market Research Future has segmented the market of Power over Ethernet on the basis of types, Power to Port, Applications and End Users. By Types the market has been segmented as power sourcing equipment controllers & ICs, powered device controllers & ICs. By Power to Port the market has been segmented as Up to 15.4W, Up to 30W, Up to 60W, and Up to 100W whereas the application areas has been identified as security & access control, connectivity, led lighting & control, infotainment among others. On the basis of end users the market has been segmented as residential, commercial, and industrial.

The global Power over ethernet market is expected to grow at CAGR of 13% and estimated to reach at market size of US ~$1 billion by the end of forecast period.

Taste the market data and market information presented through more than 35 market data tables and 20 figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Power over ethernet market Report -Forecast to 2022”.

Access Report Details @ https://www.marketresearchfuture.com/reports/power-over-ethernet-market-2091 

The major players operating in the market of Power over ethernet are- Axis Communications AB (Sweden), Maxim Integrated Products, Inc. (U.S.), Texas Instruments, Inc. (U.S.), STMicroelectronics N.V. (Switzerland), Linear Technology Corp. (U.S.), Broadcom Ltd. (U.S.), Microsemi Corp. (U.S.), ON Semiconductor (U.S.), Silicon Laboratories, Inc. (U.S.), and Monolithic Power Systems, Inc. (U.S.), and, among others.

Market Research Future Analysis:

Market Research Future analysis shows that the global market of Power over Ethernet will grow subsequently during the forecast period. Factors such as need of efficient Ethernet cables and high pressure on the traditional cables is leading to high deployment of POE around the world. Geographically, North America is dominating the market due to the various factors such as presence of U.S. and Canada who are leader the technology and presence of global players in this region. Europe stands as second biggest market for POE as the manufacturing sector and automotive sector in European countries are growing. Asia-Pacific stands as third biggest market due rapid growth of the industrialization and increasing demand for the smart home concept in China and Japan.

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