Report Code: A10054 | Pages: NA | Mar 2023 | 2490 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Poe Switches Market
Request Now !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.Â
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. |
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COVID-19 Scenario Analysis
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.
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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.
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.
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 |
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Key Benefits of the Report
Questions Answered in the PoE Switches Market Research Report
PoE Switches Market Report Highlights
Aspects | Details |
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Key Market Players | Company1, Company2, Company3, Company4, Company5, Company6, Company7, Company8, Company9, Company10 |
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