The global power over ethernet chipset market size is expected to reach USD 1,642.3 million by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 12.2% from 2023 to 2030. Rising applications of Power over Ethernet (PoE) chipsets in the residential sector, for example, in webcams & closed-circuit televisions (CCTVs), IP telephones, and complete wireless local area network (WLAN) coverage are poised to stoke the growth of the market over the forecast period.
Power over Ethernet Chipset Market Report Highlights
- The demand for power over ethernet chipsets is expected to witness growth owing to the growing penetration of the internet in developing nations
- The Power Sourcing Equipment (PSE) segment is estimated to witness a CAGR of 11.5% over the forecast period
- The ethernet switch & injector phone segment dominates the market with a revenue share of 25.2% in 2022. The factor attributed to the segment growth is the increasing demand for networked devices and the need for efficient power delivery
- The Asia Pacific region is expected to grow at the fastest CAGR from 2023 to 2030. The U.S., China, and Japan are anticipated to witness considerable growth over the forecast period, owing to the favorable regulations
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Power over Ethernet (PoE) chipset is a technology that enables the transmission of electrical power along with data over Ethernet cables. It consists of two main components: the Power Sourcing Equipment (PSE) and the Powered Device (PD). The PSE is responsible for injecting power into the Ethernet cable, while the PD receives the power and uses it to operate the device. The PoE chipset includes the necessary circuitry and protocols to facilitate power delivery and negotiation between the PSE and PD. The primary usage of PoE chipset is to power network devices without requiring a separate power source. It eliminates the need for traditional power cables and allows for easier deployment of devices in locations where power outlets are limited or not easily accessible.
PoE allows for easy installation of IP cameras, as they can be powered and connected to the network using a single Ethernet cable. It simplifies the setup and provides flexibility in camera placement. They enables the deployment of WAPs in various locations, such as ceilings or walls, without the need for nearby power outlets. It simplifies the installation process and provides continuous power for uninterrupted network connectivity. It can power VoIP phones, eliminating the need for separate power adapters. It simplifies the cabling infrastructure and allows for flexible phone placement.Also, can be used to power network switches and routers, reducing the clutter of power cables and IoT devices and improving scalability. It simplifies the deployment of IoT networks by eliminating the need for dedicated power sources. Overall, PoE chipsets provide a convenient and efficient solution for delivering power to network devices, making installations easier, reducing cable clutter, and increasing flexibility in network design.
The demand for higher power levels over Ethernet has been rising. The latest PoE standards, such as IEEE 802.3bt (also known as PoE++ or 4PPoE), have expanded the power capabilities up to 90 or 100 watts. This allows for the power delivery to a wider range of devices, including high-power devices like pan-tilt-zoom (PTZ) cameras, digital signage, and small-cell wireless access points. Efforts have been made to improve the efficiency of PoE chipsets to minimize power loss during transmission. This includes the development of more efficient power conversion techniques, such as using advanced power management circuits and higher-grade components. Improved efficiency reduces energy consumption and heat generation, leading to better overall system performance. PoE chipsets have been evolving to provide better integration of power and data transmission. This includes advancements in chip design, such as integrating power management and data communication functionalities within a single chipset. This integration leads to improved performance, reduced component count, and smaller form factors.
PoE chipsets have gained significant traction across various industries, including telecommunications, security and surveillance, healthcare, industrial automation, and smart buildings. The increasing demand for networked devices and the need for simplified installation and reduced maintenance costs have driven the adoption of PoE technology in these sectors. In addition to traditional PoE (IEEE 802.3af) and PoE+ (IEEE 802.3at), newer PoE standards like PoE++ (IEEE 802.3bt) and Universal PoE (UPoE) have emerged. These standards provide higher power levels and increased flexibility, enabling the delivery of power to a wider range of devices. The market has been adapting to these new standards, and chipsets supporting these standards are becoming more prevalent.
The key benefit of PoE is that it can transmit both network connectivity and power supply over a single cable and overcomes the need for installing separate wires. Similarly, VoIP phones allow the transmission of mobile signals over a data network. This has led to increased adoption of POE-powered VoIP systems in various industries, including healthcare, finance, and government.
Rising awareness regarding these merits is projected to support the market’s growth. Moreover, the growing need for wireless connectivity in various applications, such as corporate offices, hospitals, and educational institutions, drives the demand for POE-powered wireless access points. POE technology enables the deployment of wireless access points without the need for separate power sources, making installation and maintenance easier.
Growing IT developments in the education and healthcare sectors are leading to an increase in the deployment of PoE chipset technology in the commercial sector. Enhanced applications of technology such as smart meters use Ethernet technology for benefits such as energy efficiency, improved comfort, convenience, and security. The increasing number of installations of smart meters is anticipated to drive the Power over the Ethernet market over the forecast period. Surging demand for better network access and minimum disruption and the cost is leading to an increase in installations of PoE chipsets in various businesses.
Various technological advancements, including the development of advanced POE chipsets with higher power capacity and better performance, are driving the growth of the market. These chipsets offer better reliability, flexibility, and efficiency, enabling deploying more complex and sophisticated POE-powered devices and systems.
Moreover, The Industrial Internet-of-Things (IIoT) and Internet of Things (IoT) are increasingly used in smart buildings, automated factories, and industrial networks, generating a positive outlook for the market. Significant infrastructure improvements, particularly in emerging countries, along with the use of big data analytics and cloud-based services, are likely to further fuel the market’s growth.
Power over Ethernet Chipset Market Insights By Region
North America dominated the market with a revenue share, driven by the high adoption of PoE-enabled devices in the region. The trend is expected to continue, driven by the increasing demand for PoE-enabled devices in smart buildings and industrial automation applications. Moreover, the soaring use of high-speed internet is expected to bolster the demand for Power over Ethernet (PoE) chipsets across the region. The Asia Pacific is likely to witness a significant gain in revenue share over the forecast period, based on the growing demand for high-speed internet and the rising trend of automation across various industries in the region. The trend is expected to continue, driven by the increasing demand for PoE-enabled devices in smart cities and industrial automation applications.
Competitive Analysis By Major Companies
The market is characterized by strong competition, with a few major worldwide competitors owning a significant market share. The major focus is on developing new products and collaboration among the key players. Some prominent players in the global power over ethernet chipset market include:
- Analog Devices, Inc.
- Cisco Systems Inc.
- Microsemi Corporation (Microchip Technology Inc.)
- Monolithic Power Systems Inc.
- NXP Semiconductors N.V.
- On Semiconductor Corporation
- Semtech Corporation
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Grand View Research has segmented the global power over ethernet chipset market based on type, standard, device, end-use, and region.
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
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Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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