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Power Over Ethernet Solutions Market Worth 1,048.3 Million USD by 2022PUNE, India, October 5, 2016 /PRNewswire/ -- According to the new market research report "Power Over Ethernet Solutions Market by Type (PSE Controllers & ICs, PD Controllers & ICs), Device Type (Power Sourcing Equipment, Powered Devices), Application (Connectivity, LED Lighting Control), Vertical, and Geography - Global Forecast to 2022", published by MarketsandMarkets, the market is expected to grow from USD 451.1 Million in 2015 to reach USD 1,048.3 Million by 2022, at a CAGR of 12.56% between 2016 and 2022. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 60 market data Tables and 64 Figures spread through 180 Pages and in-depth TOC on "Power Over Ethernet Solutions Market" http://www.marketsandmarkets.com/Market-Reports/power-over-ethernet-solution-market-84424663.html The increasing adoption of the PoE technology for supplying electricity to powered devices due to its advantages such as low cost of installation, high convenience, and reliability has led to the rise in the demand for PoE power sourcing equipment and PoE compatible powered devices, thereby leading to increase in demand for power over Ethernet solutions. Market for powered device (PD) controllers & ICs likely to grow at the highest rate during the forecast period Powered device (PD) controllers & ICs are expected to lead the overall power over Ethernet solutions market during the forecast period. The power over Ethernet solutions market for powered device (PD) controllers & ICs is expected to grow at the highest rate between 2016 and 2022. This market growth can be attributed to the increasing demand for PoE-enabled powered devices, especially VoIP phones, wireless access points, and IP cameras. Commercial vertical accounted for the largest share of the power over Ethernet solutions market in 2015 The Power Over Ethernet Solutions Market is led by the commercial vertical, which is further segmented into office buildings, healthcare, retail, and others. The high demand for power over Ethernet technology-based products from office buildings, especially for connectivity and security & acces control applications, is one of the major factors driving the growth of the power over Ethernet solutions market for the commercial vertical. North America held the largest market share in 2015 North America held the largest share of the power over Ethernet solutions market in 2015, followed by APAC and Europe. The U.S. accounted for the largest share of the power over Ethernet solutions market in North America, followed by Canada and Mexico. The high growth of the market in this region can be attributed to the increasing demand for PoE controllers & ICs due to the presence of a large number of PoE power sourcing equipment as well as powered device manufacturers in North America. Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=84424663 The major players operating in this market include Texas Instruments, Inc. (U.S.), Maxim Integrated Products, Inc. (U.S.), Axis Communications AB (Sweden), STMicroelectronics N.V. (Switzerland), Linear Technology Corp. (U.S.), Broadcom Ltd. (U.S.), Microsemi Corp. (U.S.), ON Semiconductor (U.S.), Monolithic Power Systems, Inc. (U.S.), and Silicon Laboratories, Inc. (U.S.), among others. Browse Related Reports Power Management IC (PMIC) Market by Product (Linear Regulator, Switching Regulator, Voltage References, Battery Management IC, Energy Management IC, LED Driver IC, POE Controller, Wireless Charging IC), Application, and Geography - Global Forecast to 2022 Power Line Carrier Communication Market by Technology (Broadband & Narrowband), Application (Smart Grid & Indoor Networking), & PoE Controller Market by Type (PSE & PD), Application (Connectivity, Security, & LED Lighting), Geography - Global Forecast to 2022 Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp About MarketsandMarkets MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. 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