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According to a new report, published by KBV research, The Global Power over Ethernet Chipsets Market size is expected to reach $1.63 billion by 2031, rising at a market growth of 12.0% CAGR during the forecast period.
The 802.3at standard segment captured the maximum revenue in the Global Power over Ethernet Chipsets Market by Standard in 2023, thereby, achieving a market value of $745.2 million by 2031. The 802.3at standard, commonly known as PoE+, is driven by the growing adoption of mid-power devices requiring up to 30 watts of power. This includes high-definition IP cameras with pan-tilt-zoom (PTZ) capabilities, advanced wireless access points, and video conferencing systems. Its ability to support such devices makes it critical in security and surveillance, education, and healthcare.
The Industrial segment is poised to grow at a CAGR of 11.6 % during the forecast period. The industrial sector is propelled by the growing implementation of automation and Industrial Internet of Things (IIoT) technologies. PoE chipsets enable efficient power delivery and data communication for sensors, controllers, and surveillance systems, reducing cabling complexity and enhancing operational efficiency.
The PoE Powered Devices (PD) Chipset segment led the maximum revenue in the Global Power over Ethernet Chipsets Market by Type in 2023, thereby, achieving a market value of $803.8 million by 2031. Applications such as IP cameras, VoIP phones, wireless access points, and IoT sensors rely heavily on PD chipsets for seamless operations in industries like IT, telecommunications, and smart buildings. The increasing demand for smart home devices and enterprise Internet of Things (IoT) solutions has significantly enhanced the expansion of this sector.
The Ethernet Switch & Injector segment is growing at a CAGR of 10.8 % during the forecast period. Their ability to deliver data and power through a single cable makes them essential for many PoE applications. With increasing demand across industries for centralized power management and efficient data transmission, particularly in industrial automation and commercial networking, the demand for ethernet switches and injectors is increasing.
Full Report: https://www.kbvresearch.com/power-over-ethernet-chipsets-market/
The North America region dominated the Global Power over Ethernet Chipsets Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $596.8 million by 2031. The Europe region is anticipated to grow at a CAGR of 11.7% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 12.6% during (2024 - 2031).
By Standard
By End-user
By Type
By Device Type
By Geography
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