What is Global POE Switch Market?
The Global Power Over Ethernet (POE) Switch Market is a vast and dynamic sector that has seen significant growth in recent years. Essentially, a POE Switch is a network switch that has the ability to provide power over Ethernet to devices like wireless access points, IP cameras, and VoIP phones, which are all connected to the network. This technology allows for the transmission of data and power over the same Ethernet cable, eliminating the need for separate power supplies for each device. The market for these switches is global, meaning it spans across all continents and countries, catering to various industries and sectors. The value of this market was estimated to be around US$ 4081.7 million in 2023, and it is projected to reach a staggering US$ 6184.2 million by 2030. This growth is driven by the increasing demand for efficient and cost-effective network solutions.
Below 12 Ports, 12-24 Ports, 24-32 Ports, 32-48 Ports, Above 48 Ports in the Global POE Switch Market:
The Global POE Switch Market is segmented based on the number of ports, which include Below 12 Ports, 12-24 Ports, 24-32 Ports, 32-48 Ports, and Above 48 Ports. Each segment caters to different needs and applications. Switches with fewer than 12 ports are typically used in small businesses or home offices where the number of devices is limited. On the other hand, switches with 12-24 ports are ideal for medium-sized businesses that require more connections. For larger enterprises with numerous devices, switches with 24-32 ports or 32-48 ports are more suitable. Lastly, switches with more than 48 ports are used in large data centers or industries where a vast number of devices need to be connected. The choice of switch depends on the size of the network and the number of devices that need to be powered and connected.
Commercial, Government, School, Industrial, Others in the Global POE Switch Market:
The usage of POE Switches is not limited to one sector. They are widely used in various areas such as Commercial, Government, School, Industrial, among others. In the commercial sector, they are used in offices, retail stores, and other business establishments to connect and power various devices like computers, printers, and security cameras. Government institutions use them to establish secure and efficient networks for their operations. Schools use POE switches to connect and power devices in classrooms, labs, and libraries. In the industrial sector, they are used to power and connect devices in manufacturing plants, warehouses, and other industrial facilities. Other areas where POE switches are used include healthcare facilities, hotels, and residential buildings.
Global POE Switch Market Outlook:
Looking at the market outlook for the Global POE Switch Market, it's clear that this sector is on a growth trajectory. In 2023, the market was valued at US$ 4081.7 million. Fast forward to 2030, and it's expected to reach a whopping US$ 6184.2 million. This represents a compound annual growth rate (CAGR) of 7.2% during the forecast period from 2024 to 2030. It's also worth noting that the market is dominated by a few key players, with the top two accounting for approximately 50% of the total market. Geographically, North America holds the largest market share, accounting for about 36% of the global market.
| Report Metric | Details |
| Report Name | POE Switch Market |
| Accounted market size in 2023 | US$ 4081.7 million |
| Forecasted market size in 2030 | US$ 6184.2 million |
| CAGR | 7.2% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Cisco, HPE, Dell, Juniper Networks, Extreme Networks, Alcatel-Lucent Enterprise, Netgear, Broadcom Inc, D-Link, Adtran, Panasonic, Advantech, Zyxel, Alaxala, Microchip Technology, Westermo, Rubytech, Moxa, Repotec, DrayTek, Huawei, ZTE, TP-Link, Hikvision, Shenzhen Hi-Net Technology |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
