The Asia Pacific Power Over Ethernet Market would witness market growth of 21% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Power Over Ethernet Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $395.3 million by 2031. The Japan market is showcasing a CAGR of 20.3% during (2024 - 2031). Additionally, The India market would register a CAGR of 21.9% during (2024 - 2031).
Power over Ethernet (PoE) technology enables Ethernet cables to transmit data and electrical power to network devices, including VoIP phones, wireless access points, IP cameras, and other devices. This eliminates the need for separate power cables or outlets near the device, simplifying installation and reducing overall infrastructure costs.
Additionally, the power over ethernet market has gained substantial attention in recent years as businesses and industries increasingly seek more efficient ways to manage power and data transmission within their networks. PoE innovation facilitates network design, reduces installation costs, and provides greater flexibility for positioning devices such as VoIP phones, IP cameras, and wireless access points in locations where electrical outlets may not be readily accessible.
Governments in countries like China, Japan, South Korea, and India actively promote digital transformation through programs that support smart cities, next-generation networks, and energy conservation. PoE technology is well-positioned to meet the growing demand for energy-efficient, scalable infrastructure across the region. China’s push toward smart cities is a key driver of the country's growing demand for Power over Ethernet (PoE). The Chinese government has implemented several National New-type Urbanization Plan programs to integrate digital technologies into urban infrastructure.
Free Valuable Insights: The Global Power Over Ethernet Market is Predict to reach USD 5.0 Billion by 2031, at a CAGR of 20.4%
Based on Type, the market is segmented into Power Sourcing Equipment Controllers and ICs and Powered Device Controllers and ICs. Based on End Use, the market is segmented into Commercial, Industrial, and Residential. Based on Application, the market is segmented into Connectivity, Security and Access Control, Infotainment, LED Lighting and Control, and Other Application. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
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