The North America Power Over Ethernet Market would witness market growth of 19.7% CAGR during the forecast period (2024-2031).
The US market dominated the North America Power Over Ethernet Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,181.9 million by 2031. The Canada market is experiencing a CAGR of 22.3% during (2024 - 2031). Additionally, The Mexico market is exhibiting a CAGR of 21.3% during (2024 - 2031).
Despite its many advantages, the market also faces challenges that could impede its growth. One such challenge is the limitation of power delivery. While PoE technology has evolved to provide up to 90 watts of power with the IEEE 802.3bt standard, this may not be sufficient for some high-power devices like industrial machinery, large displays, or advanced computing systems.
Moreover, traditional power sources are still necessary for these applications, limiting PoE’s ability to serve a broader range of devices and applications. Another significant challenge is the cost of implementing PoE technology, particularly for organizations with legacy network infrastructure. Retrofitting existing systems to support PoE can be expensive and complex, as upgrading routers, switches, and cables to meet PoE standards is required.
The US federal government has been supporting the development of smart cities through programs like the Smart Cities and Communities Framework under the U.S. Department of Transportation and the National Institute of Standards and Technology (NIST). These initiatives aim to integrate connected technologies, including PoE-powered systems, into urban infrastructure for better energy efficiency, traffic management, and public safety. According to the Center for Sustainable Systems, University of Michigan, 83% of the U.S. population lives in urban areas, up from 64% in 1950. By 2050, 89% of the U.S. population will live in urban areas. This further drives the need for energy-efficient, connected technologies like PoE as cities grow and expand.
Free Valuable Insights: The 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 U.S., Mexico, Canada, and Rest of North America.
By Type
By End Use
By Application
By Country
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