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2021
Poe Switches Market

PoE Switches Market By Type (5 Port, 6 Port, 8 Port, 10 Port, 28 Port, and Others), Application (Connectivity, LED lighting control, Security & Access Control, and Others), and End Users (Residential, Commercial, and Industrial): Global Opportunity Analysis and Industry Forecast, 2020–2027

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Dec 2021 | 911 Views
   
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COVID-19

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PoE Switches Market Outlook - 2027

PoE switch is an electronic device, which lets network cables supply electrical power over an existing connection by using a single Ethernet cable. As the number of wireless devices has increased in industries, this technology ensures high speed connectivity and centralization of power in a single location. 

This technology is extremely used in various IOT projects such as smart homes, smart grids, and smart cities. PoE helps to switch power flow and improve coverage for these infrastructure. The upgradation of new standards help in supporting new network devices. This has led to growth of the PoE market and is expected continue to grow considerably for next few years.

The global PoE switches market is segmented on the basis of type, application, end users and region. Based on type, the market is divided into 5 port, 6 port, 8 port, 10 port, 28 port, and others. In terms of application, the market is categorized into connectivity, led lighting control, security & access control, and others. On the basis of end users the market is divided into residential, commercial, and industrial. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Key players operating in the global PoE switches industry include Advantech Co., Ltd., Analog Devices.Inc., Avaya.Inc., Broadcom, Cisco Systems.Inc., Dell Technologies Inc., HPE, Huawei Technologies, Silicon Laboratories Inc., and NETGEAR.Inc.. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global PoE switches market.

Market Scope and Structure Analysis

Report Metric

Details

Market Size Available For Years

2019–2027

Base Year Considered

2019

Forecast Period

2020–2027

Forecast Units

Value (USD)

Segments Covered

Type, Application, End Users, and Region

Region Covered

North America (US, Canada, and Mexico), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), and LAMEA (Latin America, Middle East, and Africa)

Companies Covered

Advantech Co., Ltd., Analog Devices.Inc., Avaya.Inc., Broadcom, Cisco Systems.Inc., Dell Technologies Inc., HPE, Huawei Technologies, Silicon Laboratories Inc., and NETGEAR.Inc.

 

COVID-19 Scenario Analysis

  • The global PoE switches market forecast has been significantly impacted by the COVID-19 outbreak. New productions and operations throughout the world have been put on hold due to the supply chain issues worldwide.
  • Global factories are struggling to manufacture and assemble new devices as workers are bound to stay in their homes. In addition, the already available devices in various warehouses cannot be transported, owing to current rules and regulations, which, in turn, has disrupted the global supply chains.
  • As the demand for IOT products and services is increasing day by day, the demand for PoE switches is expected to grow significantly as well.
  • The impact of COVID-19 on PoE switches market share is temporary as just the production and supply chain is stalled. Once the situation improves, production, supply chains, and demand for these products are expected to gradually going to increase.
  • The COVID-19 situation will provide opportunities for companies to increase their production, boost research about technologies, and improve ways of installing products.

Top Impacting Factors

As there is a high demand for IOT products and services, organizations using IOT products and services have started deploying PoE switches as centralization of power is possible over just one Ethernet cable. Also, increased demand and usage of Ethernet and LED light systems has led to the surge in the demand of PoE switches.
 

In addition, network control and cost savings of organizations are improved with use of PoE switches. However, limited range of these PoE switches and high initial costs restrain the market growth. Moreover, advancements and investments in automation, launch of advanced switches, and increase in number of IOT applications boost the PoE switches market growth.

New Product Launches to Flourish the PoE Switches Market

The new products that contain improved capabilities have been launched by leading market players. Many companies have taken necessary steps to improve PoE switches and their overall functionality as well. NETGEAR, which is a multi-national computer networking company launched new Gigabit Ethernet PoE+ and Ultra60 PoE++ models worldwide. These are 10 port Gigabit Ethernet smart managed pro switches and come with optional cloud management compatibility.

These switches are developed to supply greater and uninterrupted power for businesses across all verticals. Moreover, these switches provide benefits in terms of cost, space, and power as only single Ethernet cable is used. These switches are designed in such a way that they can be installed with ease and which further led this PoE switch flourish the market.

Surge in Usage in Industrial Applications 

LAN infrastructure of enterprises is subjected to intense pressure to meet high connectivity demands arising from growth in use of IOT devices. A separate cable for power and data transmission are installed earlier in organizations, which increases their maintenance and operating costs. Using PoE switches lead to decrease in expenditure as single Ethernet cable is used for both power and data transmission. Hence, there is a surge in use of PoE switches in LED lighting control and Security and access control in automotive and industrial applications.

As the requirement for installing additional cables and power outlets at various ends is eliminated, it is of great convenience to industries. Thus, demand and usage of PoE switches is expected to increase.

Key Segments Covered

Segments

Sub-Segments

Type

  • 5 port
  • 6 port
  • 8 port
  • 10 port
  • 28 port
  • Others

Application

  • Connectivity
  • LED Lighting Control
  • Security and Access Control
  • Others

End users

  • Residential
  • Commercial
  • Industrial

 

Key Benefits of the Report

  • This study presents the analytical depiction of the global PoE switches industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global PoE switches market.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the PoE switches market trends and growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the PoE switches market. 
  • The report provides a detailed PoE switches market analysis based on the present and future competitive intensity of the market. 

Questions Answered in the PoE Switches Market Research Report

  • Who are the leading market players active in the PoE switches market size?
  • What would be the detailed impact of COVID-19 on the PoE Switches market?
  • What current trends would influence the market in next few years?
  • What are the driving factors, restraints and opportunities in the PoE switches market?
  • What are projections for the future that would help in taking further strategic steps?
 
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