Power Over Ethernet Solution - Global Market Report (2020 to 2025): Trends, Forecast and Competitive Analysis
DUBLIN, March 24, 2020 /PRNewswire/ -- The "Power Over Ethernet Solution Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
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 to reach $1.3 billion by 2025 with a CAGR of 10.2% from 2020 to 2025.
The major drivers for this market are increasing demand for high-speed infrastructure and increasing the adoption of IoT devices. Emerging trends, which has a direct impact on the dynamics of the industry, includes increasing demand for optical fiber-based PoE cabling. Cisco, Texas Instruments, Maxim Integrated, Broadcom Ltd., and Silicon Laboratories are among the major PoE manufacturers.
Some of the PoE solution companies profiled in this report include Cisco, Texas Instruments, Maxim Integrated, Broadcom Ltd., Silicon Laboratories, and others.
Commercial will remain the largest end-use industry due to the increasing adoption of smart lighting and smart security solutions in educational institutions, small & medium retail businesses, public institutions, and healthcare facilities.
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