The Global Market for Power over Ethernet (PoE) Chipsets is Forecast to Reach US$282 Million by 2022
Focus on Optimizing Data
Networks for Energy Efficiency Push PoE into the Spotlight as the Preferred
Technology for Smart Power Budgeting, According to a New Report by Global Industry Analysts,
Inc.
GIA launches comprehensive analysis of
industry segments, trends, growth drivers, market share, size and demand
forecasts on the global Power Over Ethernet (PoE) Chipsets market. The global market for Power Over Ethernet (PoE)
Chipsets is forecast to reach US$282 million by 2022, driven by the rising value of investments in
Ethernet network infrastructure and the ensuing focus on powering networks in a
reliable and energy efficient manner.
Ethernet communications continues to
proliferate rapidly in the telecommunications and enterprise data networking
space. The unrelenting rise in demand for bandwidth has witnessed the evolution
of Ethernet from 10G to 40G to over 100G speeds. The technology is now an indispensable
backbone network in datacenters for supporting server virtualization, multi-site
collaboration, cloud computing, and storage architectures such as Storage Area
Networks (SAN) and Network Attached Storage (NAS), among others. In the
telecommunications industry, carrier Ethernet is witnessing rapid adoption, a
trend which is expected to amplify further with the development of Ethernet
over optical transport networks (OTNs). The ever-present need for reliable
networks with high bandwidth, low latency, and fast data transfer will position
Ethernet as the networking technology of the future. In an increasingly digital
world, the talisman for success in service and product oriented industries lies
in honing faster time-to-service and time-to-market capabilities by optimally
leveraging data networking technologies. Network flexibility and control is
therefore the starting point for promoting innovation and growth in modern
businesses.
In light of the growing consumption of
energy in wired Ethernet data networks, there is strong emphasis on energy
conservation and energy efficiency of network components. The Internet and data
networks are poised to emerge into the largest consumers of energy. Network
switching, data transmission, and access technologies are prime consumers of
energy. The environmental pressure to
reduce carbon footprint and the financial pressure to reduce operational costs
are forcing companies to focus on reducing electricity usage in communication
and data networks. The quest for green alternatives is expected to translate
into direct benefits for the PoE market. Defined as a technology for wired LAN
and WAN Ethernet,
PoE enables simultaneous transport of power and data through a single data
cable. Hardwiring computer networks and data networks remains an expensive task
requiring high upfront CAPEX. In addition to reducing the need for installing
separate power and data cables, PoE also offers several other benefits such as
easier maintenance, lesser downtime, and increased installation flexibility.
PoE also plays an instrumental role in reducing energy consumption of networks,
especially with the development of the new IEEE standard – “PoE 802.3at” dubbed
PoE Plus. Energy management capabilities of PoE Plus is significantly higher
than earlier standards as it allows powered devices and power sources to
intelligently collaborate to maximize delivery and distribution of electrical
power among the network devices.
As stated by the new market research
report on Power Over Ethernet (PoE) Chipsets, the United States represents the largest market
worldwide. Asia-Pacific is forecast to emerge as the fastest growing market
with a CAGR of 8.9% over the analysis period, led by factors such as growing
deployment of PoE based VoIP deployments in the enterprise sector, growing ICT
investments in the industrial and manufacturing sector and the ensuing rise of industrial-based
networking systems; increased investments in plant automation and strong
adoption of Industry 4.0 and IIoT technologies; and strong infrastructure investments
in smart technologies in the energy and oil and gas end-use sectors.
Major players in the market include Analog
Devices Inc., Broadcom Inc., Cisco Systems Inc., Delta Controls Inc., Flexcomm Technology (Shenzhen) Limited, Kinetic Technologies, Akros Silicon Inc., Maxim
Integrated Products Inc., Microsemi Corporation, Monolithic
Power Systems,
NXP Semiconductors N.V. , ON Semiconductor Corporation, Semtech
Corporation, Shenzhen Lianrui Electronics Co. Ltd., Silicon Laboratories Inc., STMicroelectronics
N.V., and Texas Instruments Inc., among others.
The
research report titled “Power Over Ethernet (PoE)
Chipsets: A Global Strategic Business Report” announced by Global Industry Analysts Inc.,
provides a comprehensive review
of market trends, issues, drivers, mergers, acquisitions and other strategic
industry activities of global companies.
The report provides market estimates and projections for all major
geographic markets such as the U.S., Canada, Japan, Europe, Asia-Pacific and
Rest of World. End-use segments analyzed in the report include IP telephony, IP
Cameras and Others.
For
enquiries e-mail us at rsd@strategyr.com or info411@strategyr.com.
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