The Global Power Over Ethernet Market size is expected to reach $5.0 billion by 2031, rising at a market growth of 20.4% CAGR during the forecast period.
This growth is considerably influenced by the region's rapid expansion of IoT and smart building projects, as well as its robust adoption of advanced networking technologies. The United States has seen widespread implementation of PoE technology across industries such as telecommunications, healthcare, and commercial real estate. The presence of leading tech companies and high demand for scalable, flexible network infrastructure to support cloud computing, remote work, and hybrid offices has further driven the market's growth. Thus, the North America segment procured 34% revenue share in the power over ethernet market in 2023.
The major strategies followed by the market participants are Partnerships as the key developmental strategy to keep pace with the changing demands of end users. For instance, In March 2024, Analog Devices, Inc. partnered with BMW Group, a German automotive company, to utilize ADI's 10BASE-T1S Ethernet to the Edge bus (E2B) technology for automotive applications. The partnership would streamline implementation, reduce costs, and advance standardization in automotive Ethernet. Additionally, In April, 2023, Siemens AG partnered with IBM, an American technology company, to develop solutions for service lifecycle management, systems engineering, and asset management. The partnership would allow the joint customers of the two companies to reduce their operational costs and drive operational efficiencies.
Based on the Analysis presented in the KBV Cardinal matrix; Broadcom, Inc. and Cisco Systems, Inc. are the forerunners in the Power Over Ethernet Market. In February, 2024, Cisco Systems, Inc. partnered with NVIDIA, an American technology company, to provide AI infrastructure solutions for data centers, combining Cisco's Ethernet expertise with NVIDIA's GPUs. The partnership would simplify AI deployment and management, offering integrated solutions and optimized performance for enterprises. Companies such as Texas Instruments, Inc., Hitachi, Ltd., STMicroelectronics N.V. are some of the key innovators in Power Over Ethernet Market.
Market Growth Factors
in industrial automation, PoE is being used to support the deployment of IoT sensors and controllers on factory floors. These devices are essential for monitoring production processes, collecting data on equipment performance, and enabling predictive maintenance. PoE simplifies the installation of these sensors by reducing the need for extensive wiring, which is especially valuable in large-scale manufacturing facilities.
Additionally, by using PoE, these smaller, decentralized data centers can be deployed with greater flexibility and efficiency, making it easier to meet the demands of IoT and real-time data processing. Therefore, as data centers expand globally, PoE is becoming a critical component of next-generation network infrastructure, facilitating market growth.
Market Restraining Factors
As industries continue to integrate more advanced and power-intensive technologies such as artificial intelligence (AI) systems, virtual reality (VR) headsets, and industrial IoT (IIoT) devices, the current power limitations of PoE could further restrict its growth in the long term. Thus, this use restriction impedes the market's expansion into broader applications.
The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Partnerships & Collaborations.
Type Outlook
Based on type, the market is bifurcated into power sourcing equipment controllers & ICs and powered device controllers & ICs. The power sourcing equipment controllers & ICs segment garnered 57% revenue share in the market in 2023. The segment's growth is largely due to the increasing demand for PoE-enabled switches, routers, and other network infrastructure components.
Application Outlook
On the basis of application, the market is classified into connectivity, security & access control, infotainment, LED lighting & control, and others. The LED lighting & control segment recorded 13% revenue share in the power over ethernet market in 2023. PoE-enabled LED lighting systems are increasingly popular in commercial buildings, campuses, and smart cities because they offer energy-efficient, cost-effective solutions that can be centrally managed.
End Use Outlook
By end use, the market is divided into commercial, industrial, and residential. The industrial segment garnered 24% revenue share in the market in 2023. The growth in industrial applications can be linked to the rising demand for IoT devices, sensors, and automation systems in manufacturing facilities, warehouses, and factories.
Region Outlook
Region-wise, the over ethernet market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe segment acquired 32% revenue share in the market in 2023. Europe has been at the forefront of adopting smart building technologies and green energy initiatives, directly benefiting from PoE technology.
Market Competition and Attributes
The Power over Ethernet (PoE) market is competitive, driven by increasing adoption of IoT devices and demand for efficient power solutions in networking. Key attributes include advancements in PoE standards (like IEEE 802.3bt), expanding applications in smart buildings and IP surveillance, and integration with wireless technologies. Market players focus on developing high-power PoE solutions, enhancing energy efficiency, and ensuring compatibility across diverse devices. Innovation in PoE technology and robust infrastructure development are critical factors shaping market dynamics.
Recent Strategies Deployed in the Market
- May-2024: Broadcom introduced its new 400G PCIe Gen 5.0 Ethernet adapters, designed for high-performance, low-power data centre connectivity. Built with 5nm technology, these adapters address AI data centre bandwidth challenges with advanced features like low-latency congestion control and telemetry, supporting rapid XPU growth and cluster expansion.
- Mar-2024: Analog Devices, Inc. partnered with BMW Group, a German automotive company, to utilize ADI's 10BASE-T1S Ethernet to the Edge bus (E2B) technology for automotive applications. The partnership would streamline implementation, reduce costs, and advance standardization in automotive Ethernet.
- Feb-2024: Cisco Systems, Inc. partnered with NVIDIA, an American technology company, to provide AI infrastructure solutions for data centres, combining Cisco's Ethernet expertise with NVIDIA's GPUs. The partnership would simplify AI deployment and management, offering integrated solutions and optimized performance for enterprises.
- Apr-2023: Siemens AG partnered with IBM, an American technology company, to develop solutions for service lifecycle management, systems engineering, and asset management. The partnership would allow the joint customers of the two companies to reduce their operational costs and drive operational efficiencies.
- Nov-2022: Siemens AG announced the acquisition of Avery Design Systems, Inc., a simulation-independent verification IP provider. The acquisition would allow Siemens to strengthen its mainstream verification IP portfolio.
List of Key Companies Profiled
- Siemens AG
- STMicroelectronics N.V.
- Cisco Systems, Inc.
- Broadcom, Inc.
- Texas Instruments, Inc.
- Hitachi, Ltd.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Analog Devices, Inc.
- Axis Communications AB (Canon, Inc.)
- Silicon Laboratories, Inc.
Global Power Over Ethernet Market Report Segmentation
By Type
- Power Sourcing Equipment Controllers and ICs
- Powered Device Controllers and ICs
By End Use
- Commercial
- Industrial
- Residential
By Application
- Connectivity
- Security and Access Control
- Infotainment
- LED Lighting and Control
- Other Application
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Global Power Over Ethernet Market, by Type
- 1.4.2 Global Power Over Ethernet Market, by End Use
- 1.4.3 Global Power Over Ethernet Market, by Application
- 1.4.4 Global Power Over Ethernet Market, by Geography
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Apr - 2024, Mar) Leading Players
- 4.5 Porter Five Forces Analysis
Chapter 5. Global Power Over Ethernet Market by Type
- 5.1 Global Power Sourcing Equipment Controllers and ICs Market by Region
- 5.2 Global Powered Device Controllers and ICs Market by Region
Chapter 6. Global Power Over Ethernet Market by End Use
- 6.1 Global Commercial Market by Region
- 6.2 Global Industrial Market by Region
- 6.3 Global Residential Market by Region
Chapter 7. Global Power Over Ethernet Market by Application
- 7.1 Global Connectivity Market by Region
- 7.2 Global Security and Access Control Market by Region
- 7.3 Global Infotainment Market by Region
- 7.4 Global LED Lighting and Control Market by Region
- 7.5 Global Other Application Market by Region
Chapter 8. Global Power Over Ethernet Market by Region
- 8.1 North America Power Over Ethernet Market
- 8.1.1 North America Power Over Ethernet Market by Type
- 8.1.1.1 North America Power Sourcing Equipment Controllers and ICs Market by Region
- 8.1.1.2 North America Powered Device Controllers and ICs Market by Region
- 8.1.2 North America Power Over Ethernet Market by End Use
- 8.1.2.1 North America Commercial Market by Country
- 8.1.2.2 North America Industrial Market by Country
- 8.1.2.3 North America Residential Market by Country
- 8.1.3 North America Power Over Ethernet Market by Application
- 8.1.3.1 North America Connectivity Market by Country
- 8.1.3.2 North America Security and Access Control Market by Country
- 8.1.3.3 North America Infotainment Market by Country
- 8.1.3.4 North America LED Lighting and Control Market by Country
- 8.1.3.5 North America Other Application Market by Country
- 8.1.4 North America Power Over Ethernet Market by Country
- 8.1.4.1 US Power Over Ethernet Market
- 8.1.4.1.1 US Power Over Ethernet Market by Type
- 8.1.4.1.2 US Power Over Ethernet Market by End Use
- 8.1.4.1.3 US Power Over Ethernet Market by Application
- 8.1.4.2 Canada Power Over Ethernet Market
- 8.1.4.2.1 Canada Power Over Ethernet Market by Type
- 8.1.4.2.2 Canada Power Over Ethernet Market by End Use
- 8.1.4.2.3 Canada Power Over Ethernet Market by Application
- 8.1.4.3 Mexico Power Over Ethernet Market
- 8.1.4.3.1 Mexico Power Over Ethernet Market by Type
- 8.1.4.3.2 Mexico Power Over Ethernet Market by End Use
- 8.1.4.3.3 Mexico Power Over Ethernet Market by Application
- 8.1.4.4 Rest of North America Power Over Ethernet Market
- 8.1.4.4.1 Rest of North America Power Over Ethernet Market by Type
- 8.1.4.4.2 Rest of North America Power Over Ethernet Market by End Use
- 8.1.4.4.3 Rest of North America Power Over Ethernet Market by Application
- 8.2 Europe Power Over Ethernet Market
- 8.2.1 Europe Power Over Ethernet Market by Type
- 8.2.1.1 Europe Power Sourcing Equipment Controllers and ICs Market by Country
- 8.2.1.2 Europe Powered Device Controllers and ICs Market by Country
- 8.2.2 Europe Power Over Ethernet Market by End Use
- 8.2.2.1 Europe Commercial Market by Country
- 8.2.2.2 Europe Industrial Market by Country
- 8.2.2.3 Europe Residential Market by Country
- 8.2.3 Europe Power Over Ethernet Market by Application
- 8.2.3.1 Europe Connectivity Market by Country
- 8.2.3.2 Europe Security and Access Control Market by Country
- 8.2.3.3 Europe Infotainment Market by Country
- 8.2.3.4 Europe LED Lighting and Control Market by Country
- 8.2.3.5 Europe Other Application Market by Country
- 8.2.4 Europe Power Over Ethernet Market by Country
- 8.2.4.1 Germany Power Over Ethernet Market
- 8.2.4.1.1 Germany Power Over Ethernet Market by Type
- 8.2.4.1.2 Germany Power Over Ethernet Market by End Use
- 8.2.4.1.3 Germany Power Over Ethernet Market by Application
- 8.2.4.2 UK Power Over Ethernet Market
- 8.2.4.2.1 UK Power Over Ethernet Market by Type
- 8.2.4.2.2 UK Power Over Ethernet Market by End Use
- 8.2.4.2.3 UK Power Over Ethernet Market by Application
- 8.2.4.3 France Power Over Ethernet Market
- 8.2.4.3.1 France Power Over Ethernet Market by Type
- 8.2.4.3.2 France Power Over Ethernet Market by End Use
- 8.2.4.3.3 France Power Over Ethernet Market by Application
- 8.2.4.4 Russia Power Over Ethernet Market
- 8.2.4.4.1 Russia Power Over Ethernet Market by Type
- 8.2.4.4.2 Russia Power Over Ethernet Market by End Use
- 8.2.4.4.3 Russia Power Over Ethernet Market by Application
- 8.2.4.5 Spain Power Over Ethernet Market
- 8.2.4.5.1 Spain Power Over Ethernet Market by Type
- 8.2.4.5.2 Spain Power Over Ethernet Market by End Use
- 8.2.4.5.3 Spain Power Over Ethernet Market by Application
- 8.2.4.6 Italy Power Over Ethernet Market
- 8.2.4.6.1 Italy Power Over Ethernet Market by Type
- 8.2.4.6.2 Italy Power Over Ethernet Market by End Use
- 8.2.4.6.3 Italy Power Over Ethernet Market by Application
- 8.2.4.7 Rest of Europe Power Over Ethernet Market
- 8.2.4.7.1 Rest of Europe Power Over Ethernet Market by Type
- 8.2.4.7.2 Rest of Europe Power Over Ethernet Market by End Use
- 8.2.4.7.3 Rest of Europe Power Over Ethernet Market by Application
- 8.3 Asia Pacific Power Over Ethernet Market
- 8.3.1 Asia Pacific Power Over Ethernet Market by Type
- 8.3.1.1 Asia Pacific Power Sourcing Equipment Controllers and ICs Market by Country
- 8.3.1.2 Asia Pacific Powered Device Controllers and ICs Market by Country
- 8.3.2 Asia Pacific Power Over Ethernet Market by End Use
- 8.3.2.1 Asia Pacific Commercial Market by Country
- 8.3.2.2 Asia Pacific Industrial Market by Country
- 8.3.2.3 Asia Pacific Residential Market by Country
- 8.3.3 Asia Pacific Power Over Ethernet Market by Application
- 8.3.3.1 Asia Pacific Connectivity Market by Country
- 8.3.3.2 Asia Pacific Security and Access Control Market by Country
- 8.3.3.3 Asia Pacific Infotainment Market by Country
- 8.3.3.4 Asia Pacific LED Lighting and Control Market by Country
- 8.3.3.5 Asia Pacific Other Application Market by Country
- 8.3.4 Asia Pacific Power Over Ethernet Market by Country
- 8.3.4.1 China Power Over Ethernet Market
- 8.3.4.1.1 China Power Over Ethernet Market by Type
- 8.3.4.1.2 China Power Over Ethernet Market by End Use
- 8.3.4.1.3 China Power Over Ethernet Market by Application
- 8.3.4.2 Japan Power Over Ethernet Market
- 8.3.4.2.1 Japan Power Over Ethernet Market by Type
- 8.3.4.2.2 Japan Power Over Ethernet Market by End Use
- 8.3.4.2.3 Japan Power Over Ethernet Market by Application
- 8.3.4.3 India Power Over Ethernet Market
- 8.3.4.3.1 India Power Over Ethernet Market by Type
- 8.3.4.3.2 India Power Over Ethernet Market by End Use
- 8.3.4.3.3 India Power Over Ethernet Market by Application
- 8.3.4.4 South Korea Power Over Ethernet Market
- 8.3.4.4.1 South Korea Power Over Ethernet Market by Type
- 8.3.4.4.2 South Korea Power Over Ethernet Market by End Use
- 8.3.4.4.3 South Korea Power Over Ethernet Market by Application
- 8.3.4.5 Australia & New Zealand Power Over Ethernet Market
- 8.3.4.5.1 Australia & New Zealand Power Over Ethernet Market by Type
- 8.3.4.5.2 Australia & New Zealand Power Over Ethernet Market by End Use
- 8.3.4.5.3 Australia & New Zealand Power Over Ethernet Market by Application
- 8.3.4.6 Malaysia Power Over Ethernet Market
- 8.3.4.6.1 Malaysia Power Over Ethernet Market by Type
- 8.3.4.6.2 Malaysia Power Over Ethernet Market by End Use
- 8.3.4.6.3 Malaysia Power Over Ethernet Market by Application
- 8.3.4.7 Rest of Asia Pacific Power Over Ethernet Market
- 8.3.4.7.1 Rest of Asia Pacific Power Over Ethernet Market by Type
- 8.3.4.7.2 Rest of Asia Pacific Power Over Ethernet Market by End Use
- 8.3.4.7.3 Rest of Asia Pacific Power Over Ethernet Market by Application
- 8.4 LAMEA Power Over Ethernet Market
- 8.4.1 LAMEA Power Over Ethernet Market by Type
- 8.4.1.1 LAMEA Power Sourcing Equipment Controllers and ICs Market by Country
- 8.4.1.2 LAMEA Powered Device Controllers and ICs Market by Country
- 8.4.2 LAMEA Power Over Ethernet Market by End Use
- 8.4.2.1 LAMEA Commercial Market by Country
- 8.4.2.2 LAMEA Industrial Market by Country
- 8.4.2.3 LAMEA Residential Market by Country
- 8.4.3 LAMEA Power Over Ethernet Market by Application
- 8.4.3.1 LAMEA Connectivity Market by Country
- 8.4.3.2 LAMEA Security and Access Control Market by Country
- 8.4.3.3 LAMEA Infotainment Market by Country
- 8.4.3.4 LAMEA LED Lighting and Control Market by Country
- 8.4.3.5 LAMEA Other Application Market by Country
- 8.4.4 LAMEA Power Over Ethernet Market by Country
- 8.4.4.1 Brazil Power Over Ethernet Market
- 8.4.4.1.1 Brazil Power Over Ethernet Market by Type
- 8.4.4.1.2 Brazil Power Over Ethernet Market by End Use
- 8.4.4.1.3 Brazil Power Over Ethernet Market by Application
- 8.4.4.2 Argentina Power Over Ethernet Market
- 8.4.4.2.1 Argentina Power Over Ethernet Market by Type
- 8.4.4.2.2 Argentina Power Over Ethernet Market by End Use
- 8.4.4.2.3 Argentina Power Over Ethernet Market by Application
- 8.4.4.3 UAE Power Over Ethernet Market
- 8.4.4.3.1 UAE Power Over Ethernet Market by Type
- 8.4.4.3.2 UAE Power Over Ethernet Market by End Use
- 8.4.4.3.3 UAE Power Over Ethernet Market by Application
- 8.4.4.4 Saudi Arabia Power Over Ethernet Market
- 8.4.4.4.1 Saudi Arabia Power Over Ethernet Market by Type
- 8.4.4.4.2 Saudi Arabia Power Over Ethernet Market by End Use
- 8.4.4.4.3 Saudi Arabia Power Over Ethernet Market by Application
- 8.4.4.5 South Africa Power Over Ethernet Market
- 8.4.4.5.1 South Africa Power Over Ethernet Market by Type
- 8.4.4.5.2 South Africa Power Over Ethernet Market by End Use
- 8.4.4.5.3 South Africa Power Over Ethernet Market by Application
- 8.4.4.6 Nigeria Power Over Ethernet Market
- 8.4.4.6.1 Nigeria Power Over Ethernet Market by Type
- 8.4.4.6.2 Nigeria Power Over Ethernet Market by End Use
- 8.4.4.6.3 Nigeria Power Over Ethernet Market by Application
- 8.4.4.7 Rest of LAMEA Power Over Ethernet Market
- 8.4.4.7.1 Rest of LAMEA Power Over Ethernet Market by Type
- 8.4.4.7.2 Rest of LAMEA Power Over Ethernet Market by End Use
- 8.4.4.7.3 Rest of LAMEA Power Over Ethernet Market by Application
Chapter 9. Company Profiles
- 9.1 Siemens AG
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations & Agreements:
- 9.1.5.2 Acquisition and Mergers:
- 9.1.6 SWOT Analysis
- 9.2 STMicroelectronics N.V.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Partnerships, Collaborations, and Agreements:
- 9.2.6 SWOT Analysis
- 9.3 Cisco Systems, Inc.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.5.2 Product Launches and Product Expansions:
- 9.3.6 SWOT Analysis
- 9.4 Broadcom, Inc.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.4.5.2 Product Launches and Product Expansions:
- 9.4.6 SWOT Analysis
- 9.5 Texas Instruments, Inc.
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Product Launches and Product Expansions:
- 9.5.6 SWOT Analysis
- 9.6 Hitachi, Ltd.
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.6 SWOT Analysis
- 9.7 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 SWOT Analysis
- 9.8 Analog Devices, Inc.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Partnerships, Collaborations, and Agreements:
- 9.8.6 SWOT Analysis
- 9.9 Axis Communications AB (Canon, Inc.)
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 SWOT Analysis
- 9.10. Silicon Laboratories, Inc.
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Research & Development Expenses
- 9.10.4 Recent strategies and developments:
- 9.10.4.1 Product Launches and Product Expansions:
Chapter 10. Winning Imperatives for Power Over Ethernet Market