The global demand for PoE Switches Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
A PoE switch is a technology that enables network cables to supply power over an established connection by using just one ethernet cable. This technology guarantees high-speed connectivity and centralized power management in a single location as wireless devices grow and spread across industries. PoE enables infrastructure to switch power flows and increase coverage. Smarthomes, smart grids, and smart cities are a few IoT projects that heavily rely on this technology.
Market Dynamics
The growing demands of IoT-based projects have started implementing the PoE switches as central power over ethernet cables, driving the market of PoE switches. These switches are in high demand due to the growing adoption of ethernet and LED lighting systems. Another factor propelling the market of PoE switches is the ever-increasing use of PoE-based devices in offices for connectivity and security. Using PoE switches also helps organizations control their networks and save money which is expected to drive the market growth further. Additionally, the introduction of sophisticated switches and investments in automation drive the growth of the PoE switches market. On the contrary, the high cost and limited range of PoE switches are expected to hamper the market growth of PoE switches.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of poe switches. The growth and trends of poe switches industry provide a holistic approach to this study.
Market Segmentation
This section of the poe switches market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- 5 Port
- 6 Port
- 8 Port
- 10 Port
- 28 Port
- Others
By Application
- Connectivity
- LED Lighting Control
- Security And Access Control
- Others
By End Users
- Residential
- Commercial
- Industrial
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the PoE Switches market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global PoE Switches Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the poe switches market include Advantech Co. Ltd., Analog Devices.Inc., Avaya.Inc., Broadcom, Cisco Systems.Inc., Dell Technologies Inc., HPE, Huawei Technologies, Silicon Laboratories Inc., Netgear.Inc.. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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