The Europe Power over Ethernet Chipsets Market would witness market growth of 11.7% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Power over Ethernet Chipsets Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $111.8 million by 2031. The UK market is exhibiting a CAGR of 10.7% during (2024 - 2031). Additionally, The France market would experience a CAGR of 12.6% during (2024 - 2031).
The healthcare sector is another area where PoE chipsets are finding increasing applications. Hospitals and medical facilities are integrating IoT-enabled devices like patient monitoring systems and connected medical equipment, which rely on uninterrupted power and data connectivity. PoE technology provides a clean and efficient solution, reducing cable clutter in critical areas and ensuring the reliability needed for life-saving equipment.
Advancements in edge computing and cloud-based systems also propel the demand for PoE chipsets. As the number of devices connecting to the cloud continues to increase, there is an escalating demand for edge computing to facilitate data processing in proximity to the source. This approach minimizes latency and enhances overall efficiency.
The United Kingdom is leveraging its leadership in innovation and smart urban planning to propel the growth of PoE chipsets. Government programs like the Future Cities Catapult and the Clean Growth Strategy focus on creating sustainable, technology-driven urban centers. PoE technology has become a key enabler for these goals, powering energy-efficient LED lighting systems, IP surveillance networks, and traffic management systems across cities like London, Manchester, and Glasgow. Similarly, PoE technology has gained traction in France for modernizing surveillance systems as part of the government’s Vigipirate Plan, a national security strategy. PoE-powered IP cameras and security devices offer simplified installation and scalability, making them ideal for public spaces, airports, and critical infrastructure. Hence, with strong government support for green technologies and connectivity, Europe is poised for significant growth in the Power over Ethernet chipsets market in the coming years.
Free Valuable Insights: The Global Power over Ethernet Chipsets Market will Hit USD 1.63 Billion by 2031, at a CAGR of 12.0%
Based on Standard, the market is segmented into 802.3at standard, 802.3bt standard, and 802.3af standard. Based on End-user, the market is segmented into Industrial, Commercial, and Residential. Based on Type, the market is segmented into PoE Powered Devices (PD) Chipset, and PoE Power Sourcing Equipment (PSE) Chipset. Based on Device Type, the market is segmented into Ethernet Switch & Injector, Network Cameras, LED lighting, VoIP Phone, Wireless Radio Access Point, and Other Device Type. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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By End-user
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