Power over Ethernet (PoE) Chipsets Market Size was valued at USD 0.6708 Billion in 2023. The Power over Ethernet (PoE) Chipsets industry is projected to grow from USD 0.7499 Billion in 2024 to USD 1.6372 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.25% during the forecast period (2024 - 2032). Increasing application of IP technologies and power over ethernet (PoE) chipsets is also widely adopted in building and industrial automation applications, which are the key market drivers enhancing market growth.
The increasing demand for PoE chipsets in various industries, such as telecommunication & IT, healthcare & pharmaceuticals, automotive, BFSI, and retail, substantiates the market growth. Besides, the rising automation and digitization across industries, alongside the growing need for digital transformations and data management, boost market revenues.
It provides fast, secure, and reliable WiFi built for retail stores, medical offices, small businesses, and commercial spaces supporting concurrent client connections. Furthermore, with support for Power over Ethernet (802.3af PoE or 802.3at PoE+), Linksys' new access point can draw power and data from a single Ethernet cable, suiting ceiling or wall mounting application without needing an AC outlet or separate power supply.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The use of PoE chipsets in smart building technologies is a growing trend. PoE chipsets allow for power and data delivery over a single Ethernet cable, simplifying installation and reducing costs. This makes PoE chipsets ideal for a wide range of smart building applications. PoE can be used to power smart lights, which can be controlled remotely and provide various benefits, such as energy savings and improved security. PoE can be used to power security cameras and sensors, which can help to improve the security of a building. PoE can be used to power HVAC systems, which can help to improve energy efficiency and comfort. PoE can be used to power access control devices, which can help to improve security and convenience. This factor drives market CAGR.
Additionally, important factors are believed to arise and increase with older technologies. It is also said that the Ethernet Chipset Power Market is widely used and depends on developing automation systems for business applications. Also, in-house promotion of the operator based on the analysis. However, the chipsets mentioned above are used in construction and commercial applications. In addition, the increasing use of chipsets in high-end electronics and infrastructure, and electronic equipment in surveillance and entertainment environments are also important business indicators. Thus, driving the Power over Ethernet (PoE) Chipsets market revenue.
Based on Standard, the Power over Ethernet (PoE) Chipsets Market segmentation includes 802.3af standard, 802.3at standard, and 802.3bt standard. The 802.3af standard segment dominated the market; because 802.3af is the most widely adopted PoE standard.802.3af has been around for over 15 years and is a well-established standard.802.3af is a PoE standard that provides up to 15.4W of power over Ethernet. Furthermore, 802.3af is widely used in various applications, such as IP cameras, VoIP phones, and wireless access points.
The Power over Ethernet (PoE) Chipsets Market segmentation, based on Application, includes LED Lighting, Security, and Connectivity. The LED lighting segment dominated the market because LED lighting is one of the most popular applications for PoE.LED lighting has become popular due to its high energy efficiency and long lifespan. LED lighting is a rapidly growing industry and PoE is a key enabler. PoE saves money and simplifies installation by eliminating the need for a separate power cable. PoE is a power efficient system that is not affected by changes in the network.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Power over Ethernet (PoE) Chipsets Market segmentation, based on End-User, includes Commercial, Residential, and Industrial. The commercial segment dominated the market because PoE is widely used in commercial buildings, such as offices, hotels, and hospitals. Commercial buildings typically have many PoE devices, such as IP cameras, wireless access points, and VoIP phones. Commercial buildings have strict security requirements, which make PoE a good choice for powering security devices. Furthermore, PoE is widely used in commercial buildings, such as offices, hotels, and hospitals. PoE devices are used for various purposes in commercial buildings, such as security, communication, and connectivity.
By End-Users Over the projected period, the commercial subsegment will account for the largest PoE chipsets market shares. Market expansion is driven by the increased application of PoE chipsets for the electric power supply in advanced electrical centers, basic infrastructures, and surveillance and media & entertainment sectors. Also, the high technological application of high-speed data connectivity within electrical infrastructures supports segment growth.
The Power over Ethernet (PoE) Chipsets Market segmentation, based on Device, includes Network Cameras, VOIP Phones, Ethernet Switch & Injector. The network cameras segment dominated the market because network cameras are one of the most popular applications for PoE. Network cameras are becoming increasingly popular due to their ability to provide security and surveillance. PoE is a stable power source that is not affected by fluctuations in the electrical grid.
By Region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American Power over Ethernet (PoE) Chipsets market will dominate; the high adoption of PoE-enabled devices will boost market growth in this Region.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's Power over Ethernet (PoE) chipsets market has the second largest market share, which is expected to play a significant role in business growth in the region due to strong regulation in the European Union. Also, Germany's Power over Ethernet (PoE) chipset market holds the largest market, and the UK Power over Ethernet (PoE) chipset market is the largest in the European region.
The Asia-Pacific Power over Ethernet (PoE) Chipsets Market is expected to grow at the fastest CAGR from 2024 to 2032. This is due to the growing demand for high-speed internet and the rising trend of automation across various regional industries. Moreover, China’s Power over Ethernet (PoE) Chipsets market held the largest market share, and the Indian Power over Ethernet (PoE) Chipsets market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development to expand their product lines, which will help the Power over Ethernet (PoE) Chipsets market, grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. Power over Ethernet (PoE) Chipsets industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturer’s use in the global Power over Ethernet (PoE) Chipsets industry to benefit clients and increase the market sector. The Power over Ethernet (PoE) Chipsets industry has offered some of the most significant advantages in recent years. Major players in the Power over Ethernet (PoE) Chipsets market, including Intel Corporation (U.S.), Huawei Technologies Co. Ltd. (China), Ericsson (Sweden), Nokia Corporation (Finland), Quectel Wireless Solutions Co. Ltd. (China), Sierra Wireless (Canada), Deutsche Telekom AG (Germany), China United Network Communications Group Co., Ltd. (China), Qualcomm Technologies Inc., (U.S.), Vodafone Group plc (U.K)., and others, are attempting to increase market demand by investing in research and development operations.
ROCKPI Trading Company is an electronic components distributor. It supplies various electronic components, including chip antennas, power over Ethernet (PoE) chipsets, and NB-IoT chipsets. ROCKPI Trading Company is headquartered in Hong Kong and has offices in China, the United States, and Europe. ROCKPI Trading Limited revealed its samples in the market for their ROCK5 Model B single-board computer. The company accepts pre-orders at discounted prices starting at USD 79 through distributors. The device specifications include octa-core Cortex-A76 and A55 Pico-ITX SBC with 16GB RAM, M.2 NVMe storage, optional WiFi 6E, and 8K video output via HDMI or USB-C ports, 2.5GbE, 4K HDMI input, and. 2.5 Gbps Ethernet RJ45 port with PoE support.
Linksys Holdings, Inc., is an American brand of data networking hardware products mainly sold to home users and small businesses. It was founded in 1988 by the couple Victor and Janie Tsao, Taiwanese immigrants to the United States. Linksys, a WiFi solutions provider, has revealed the new Device WiFi 6 Cloud Managed Access Point launch. This Device has 4x4 internal antennas. It is proven to provide fast, reliable and secure WiFi built-in retail stores, medical sectors, small enterprises, and commercial spaces for supporting concurrent client connections.
MediaTek (Taiwan)
Huawei (China)
RDA (China)
Qualcomm (US)
ZTE (China)
Samsung (South Korea)
Sierra Wireless (Canada)
Nordic Semiconductor (Norway)
Sequans Communications (France)
Sercomm (Taiwan)
Cheerzing (China)
July 2023: saw Microchip Technology announce a $300 million investment in India to enable the company to take advantage of the rapidly growing semiconductor industry. The investments will focus on improving facilities, expanding engineering labs, hiring talent, and supporting technical consortia and academic institutions.
January 2023: At the Consumer Electronics Show (CES) held in January 2023, Kinetic Technologies launched the industry's smallest <13W Power over Ethernet (PoE)" compliant products based on higher powered IEEE802.3bt standards.
November 2022: Analog Devices introduced Single-pair Power over Ethernet (SPoE) solutions to enable greater levels of intelligence in smart buildings and factory automation at the edge of traditional networks.
January 2022: Linksys, a WiFi solutions provider, has revealed the new Device WiFi 6 Cloud Managed Access Point launch. This Device has 4x4 internal antennas. It is proven to provide fast, reliable and secure WiFi built-in retail stores, medical sectors, small enterprises, and commercial spaces for supporting concurrent client connections.
January 2022: ROCKPI Trading Limited revealed its samples in the market for their ROCK5 Model B single-board computer. The company accepts pre-orders at discounted prices starting at USD 79 through distributors. The device specifications include octa-core Cortex-A76 and A55 Pico-ITX SBC with 16GB RAM, M.2 NVMe storage, optional WiFi 6E, and 8K video output via HDMI or USB-C ports, 2.5GbE, 4K HDMI input, and. 2.5 Gbps Ethernet RJ45 port with PoE support.
802.3af Standard
802.3at Standard
802.3bt Standard
LED Lighting
Security
Connectivity
Commercial
Residential
Industrial
Network Cameras
VOIP Phone
Ethernet Switch & Injector
North America
Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
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