Power Over Ethernet Solutions Market Global Analysis

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MarketsandMarkets Presents
Power Over Ethernet Solutions Market by Type (PSE
Controllers ICs, PD Controllers ICs), Device
Type (Power Sourcing Equipment, Powered Devices),
Application (Connectivity, LED Lighting Control),
Vertical, and Geography - Global Forecast to
2022 The market is expected to grow from USD
451.1 Million in 2015 to reach USD 1,048.3
Million by 2022, at a CAGR of 12.56 between 2016
and 2022. The increasing adoption of the PoE
technology for supplying electricity to powered
devices due to its advantages such as low cost of
installation, high convenience, and reliability
has led to the rise in the demand for PoE power
sourcing equipment and PoE compatible powered
devices, thereby  leading to increase in demand
for power over Ethernet solutions..
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Market for powered device (PD) controllers ICs
likely to grow at the highest rate during the
forecast period Powered device (PD) controllers
ICs are expected to lead the overall power over
Ethernet solutions market during the forecast
period. The power over Ethernet solutions market
for powered device (PD) controllers ICs is
expected to grow at the highest rate between 2016
and 2022. This market growth can be attributed to
the increasing demand for PoE-enabled powered
devices, especially VoIP phones, wireless access
points, and IP cameras. Sample pages of the
Report http//www.marketsandmarkets.com/requests
ample.asp?id84424663 Commercial vertical
accounted for the largest share of the power over
Ethernet solutions market in 2015 The power over
Ethernet solutions market is led by the
commercial vertical, which is further segmented
into office buildings, healthcare, retail, and
others. The high demand for power over Ethernet
technology-based products from office buildings,
especially for connectivity and security access
control applications, is one of the major factors
driving the growth of the power over Ethernet
solutions market for the commercial vertical.
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North America held the largest share of the
power over Ethernet solutions market in 2015,
followed by APAC and Europe. The U.S. accounted
for the largest share of the power over Ethernet
solutions market in North America, followed by
Canada and Mexico. The high growth of the market
in this region can be attributed to the
increasing demand for PoE controllers ICs due
to the presence of a large number of PoE power
sourcing equipment as well as powered device
manufacturers in North America. Report
Information http//www.marketsandmarkets.com/Ma
rket-Reports/power-over-ethernet-solution-market-8
4424663.html The major players operating in
this market include Texas Instruments, Inc.
(U.S.), Maxim Integrated Products, Inc. (U.S.),
 Axis Communications AB (Sweden),
STMicroelectronics N.V. (Switzerland), Linear
Technology Corp. (U.S.), Broadcom Ltd. (U.S.),
Microsemi Corp. (U.S.), ON Semiconductor (U.S.),
Monolithic Power Systems, Inc. (U.S.), and
Silicon Laboratories, Inc. (U.S.), among others.
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