Market Size – USD 0.64 Billion in 2021, Market Growth - CAGR of 11.83%, Market Trends –the increasing demand from electronics industry is widening the scope for Power-over-Ethernet (PoE) Chipsets Market.
According to the current analysis of Introspective Market Research, the global Power-over-Ethernet (PoE) Chipsets Market was valued at USD 0.64 Billion in 2021 and is expected to reach USD 1.40 Billion by the year 2028, at a CAGR of 11.83%.
Rapid growth in the IT sector as well as education, health care created the boost in the development of PoE chipset technology enable the deployment of 802.3bt standard chipset which provides energy efficiency, security, and convenience in network connection which adds up to the growth of PoE chipset market.
Smart building solutions provide an integrated system of network connection, security, and controlled HVAC systems which create efficiency and add value to business operations. These smart buildings have complex network connections which are generally connected via ethernet cables and have major potential for PoE chipsets to reduce the additional wiring for separate power and network cables and PoE chipsets allow to connect it with various systems like internet modems, security systems, ethernet ports, and computer cabinet systems to work seamlessly and create one integrated one line transmitting system.
POE Chipsets Market is segmented by Type (Power sourcing, Powered devices), By Standard (802.3af standard,802.3at standard,802.3bt standard ), By Device(Network Cameras, VoIP Phone, Ethernet Switch & Injector, Proximity Sensor, Others), Application (Connectivity, Infotainment, LED Lighting, Security, Others), By End User(Commercial, Industrial, Residential) and Region.
Key Participants such as Akros Silicon Inc., Cisco Systems, Inc, Flexcomm Technology Limited, Maxim Integrated Products Inc, Microsemi Corporation, Texas Instruments Incorporated, Linear Technology Corporation, ON Semiconductor, Silicon Laboratories, STMicroelectronics, Broadcom Ltd., Delta Controls Inc., Monolithic Power Systems, NXP Semiconductors N.V., Semtech Corporation, Shenzhen Lianrui Electronics Co. Ltd.
For this report, Introspective Market Research has segmented the POE Chipsets Market based on region:
Regional Outlook (Revenue in USD Billion; Volume in Units, 2021-2028)
- North America
- The U.S.
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- Latin America
- Rest of LATAM