The "Power Over Ethernet Solution Market Report: Trends, Forecast and Competitive Analysis" report has been added to the linecard of technology industry analyst ResearchAndMarkets.com (Dublin, Ireland).
According to the analyst, the future of the global Power over Ethernet solution (PoE) market "looks promising with opportunities in the residential, commercial, and industrial sectors."
The PoE solution market is forecast by the report to reach $1.3 billion by 2025, with a CAGR of 10.2% from 2020 to 2025.
Major drivers for the market as cited by the research include increasing demand for high-speed infrastructure, and the increasing adoption of IoT devices. A significant emerging trend, which is having a direct impact on the dynamics of the industry, includes increasing demand for optical fiber-based PoE cabling.
Per the report's summary: "Commercial will remain the largest end-use industry [for PoE technology] due to the increasing adoption of smart lighting and smart security solutions in educational institutions, small and medium retail businesses, public institutions, and healthcare facilities."
The summary adds: "North America is projected to remain the largest region over the forecast period due to proliferation of IoT devices and growth in industrial automation. Asia Pacific is expected to witness the highest growth over the forecast period supported by the increasing adoption of smart homes, smart grid, and smart cities."
A total of 97 figures/charts and 71 tables are provided in the 190-page report to help in information and communications technology (ICT) business decisions. Cisco, Texas Instruments, Maxim Integrated, Broadcom Ltd., and Silicon Laboratories are cited as among the major PoE manufacturers.
