PUBLISHER: Allied Market Research | PRODUCT CODE: 1414798
PUBLISHER: Allied Market Research | PRODUCT CODE: 1414798
According to a new report published by Allied Market Research, titled, "PoE Switches Market," The PoE switches market was valued at $4 billion in 2022, and is estimated to reach $10.6 billion by 2032, growing at a CAGR of 10.2% from 2023 to 2032.
Power over Ethernet (PoE) is an access layer technology that combines data signals and electrical power into a single Ethernet cable connection to enable remote powered device operation. PoE runs over twisted pair cabling which can be quickly installed, often in difficult to reach locations where pulling electrical power is not feasible.
Using the data signal capabilities, PoE and device status can be monitored, and information shared between a switch and powered device in order to manage the amount of power delivered to the remote device.
A PoE switch provides PoE power to network devices such as access points, surveillance cameras, IP phones, lighting, and other IoT devices. PoE switches often are capable of prioritizing and optimizing PoE power allocations for critical network devices.
The growing adoption of cloud-based network management solutions is another driver for the PoE (Power over Ethernet) switches market. These cloud-based solutions provide centralized visibility and control over network resources, including PoE switches, simplifying the management process and enabling real-time troubleshooting. For instance, in a large retail chain with multiple stores, cloud-based network management can be used to monitor and control PoE switches across all locations. This centralized management enables network administrators to Control switches remotely, track power utilization, and solve problems from a single location, eliminating the need for physical visits to each location. This strategy not only boosts efficiency but also cuts down on the time and expenses related to network maintenance. The market is being driven by the convenience and effectiveness of cloud-based network management and the rising use of PoE switches in different industries, as more organizations look for efficient and expandable network solutions.
However, the need for specialized cabling in the use of Power over Ethernet (PoE) switches poses a restraint for their market. PoE switches require certain types of Ethernet cables, such as Cat5e or Cat6, to effectively carry both power and data. This requirement can lead to additional expenses and considerations in installation. For example, consider a small business upgrading to a PoE-based network system. If their existing infrastructure is equipped with older or lower-grade cabling, they would need to replace it with Cat5e or Cat6 cables to ensure compatibility with PoE switches. This replacement not only incurs extra costs for the higher-grade cables but also demands more extensive installation work. Such factors can be a significant barrier, particularly for smaller enterprises or those with constrained budgets, thereby limiting the broader adoption of PoE technology in various settings.
The adoption of Power over Ethernet (PoE) in emerging applications opens new growth opportunities for the PoE switches market. For instance, consider the use of PoE in outdoor wireless deployments like city-wide Wi-Fi networks or surveillance systems. In such setups, PoE switches can power and connect outdoor access points and cameras, eliminating the need for separate power cables and reducing installation complexities. This is particularly advantageous in challenging environments where power access is limited. For in-vehicle networking, PoE can be crucial in powering devices like cameras, Wi-Fi routers, and sensors in public transportation systems, enabling integrated connectivity and surveillance solutions. This flexibility and simplification in deployment make PoE solutions increasingly attractive for such innovative applications, driving the demand for PoE switches.
The PoE switches market is segmented on the basis of type, port count, end use, and region. By type, the market is bifurcated into managed PoE switches and unmanaged PoE switches. By port count, the market is fragmented into 4-8 ports, 9-16 ports, 17-24 ports, 25-48 ports, and above 48 ports. By end use, the PoE switches market is divided into commercial, industrial, residential. By region, the PoE switches industry is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific) and LAMEA (Latin America, Middle East, and Africa).
The Major companies profiled in the report include: Advantech Co., Ltd., Allied Telesis, Inc., Broadcom Inc., Cisco Systems, Inc., Digi-Key Corporation, D-Link Corporation, Maiwe Communication, Netgear Inc., Patton LLC, TP-Link Corporation Limited.
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