Power Over Ethernet Solutions Market by Type (PSE Controllers & ICs, PD Controllers & ICs), Device Type (Power Sourcing Equipment, Powered Devices), Application (Connectivity, LED Lighting Control), Vertical, and Geography - Global Forecast to 2022 The market is expected to grow from USD 451.1 Million in 2015 to reach USD 1,048.3 Million by 2022, at a CAGR of 12.56% between 2016 and 2022. The increasing adoption of the PoE technology for supplying electricity to powered devices due to its advantages such as low cost of installation, high convenience, and reliability has led to the rise in the demand for PoE power sourcing equipment and PoE compatible powered devices, thereby leading to increase in demand for power over Ethernet solutions. Browse 60 market data Tables and 64 Figures spread through 180 Pages and in-depth TOC on "Power Over Ethernet Solutions Market - Global Forecast to 2022" http://www.marketsandmarkets.com/Market-Reports/power-overethernet-solution-market-84424663.html Some of the major companies operating in the power over Ethernet solutions market are Texas Instruments, Inc. (U.S.), Maxim Integrated Products, Inc. (U.S.), Linear Technology Corp. (U.S.), Microsemi Corp. (U.S.), and STMicroelectronics N.V. (Switzerland). The scope of this report covers the power over Ethernet solutions market on the basis of type, device type, application, vertical, and geography. Connectivity applications accounted for the largest share of the overall power over Ethernet solutions market. The power over Ethernet solutions market for connectivity applications is expected to grow at a high rate between 2016 and 2022. The benefits of VoIP phones such as low cost of communication, ease of installation, and maintenance,
among others, have led to the increase in deployment of VoIP phones. Besides this, the growing IoT industry is fueling the demand for wireless access points. Currently, most of the VoIP phones and wireless access points are PoE compatible and are being powered using the PoE technology; this factor is also driving the growth of the power over Ethernet solutions market for connectivity applications. Download PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=84424663 Market for powered device (PD) controllers & ICs likely to grow at the highest rate during the forecast period Powered device (PD) controllers & ICs are expected to lead the overall power over Ethernet solutions market during the forecast period. The power over Ethernet solutions market for powered device (PD) controllers & ICs is expected to grow at the highest rate between 2016 and 2022. This market growth can be attributed to the increasing demand for PoE-enabled powered devices, especially VoIP phones, wireless access points, and IP cameras. Commercial vertical accounted for the largest share of the power over Ethernet solutions market in 2015 The power over Ethernet solutions market is led by the commercial vertical, which is further segmented into office buildings, healthcare, retail, and others. The high demand for power over Ethernet technologybased products from office buildings, especially for connectivity and security & access control applications, is one of the major factors driving the growth of the power over Ethernet solutions market for the commercial vertical.
North America held the largest market share in 2015 North America held the largest share of the power over Ethernet solutions market in 2015, followed by APAC and Europe. The U.S. accounted for the largest share of the power over Ethernet solutions market in North America, followed by Canada and Mexico. The high growth of the market in this region can be attributed to the increasing demand for PoE controllers & ICs due to the presence of a large number of PoE power sourcing equipment as well as powered device manufacturers in North America. About MarketsandMarkets MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model â€“ GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&Mâ€™s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
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