The Europe Power Over Ethernet Market is expected to witness market growth of 20% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Power Over Ethernet Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of USD320 million by 2031. The UK market is exhibiting a CAGR of 18.9% during 2024-2031. Additionally, the France market would experience a CAGR of 21.1% during 2024-2031.
One of the primary factors driving the market is the increasing prevalence of Internet of Things (IoT) devices in a variety of sectors. IoT devices require continuous power and data connectivity, making PoE an ideal solution for powering and managing these systems.
Moreover, the advantages of PoE extend beyond IoT devices to other sectors, including telecommunications, healthcare, and education. PoE is employed in the telecommunications industry to supply power to network devices, including routers, switches, and wireless access points, which are essential for the purpose of facilitating high-speed data transmission.
Across Europe, the adoption of PoE technology is steadily increasing as governments and businesses seek efficient, scalable, and cost-effective solutions to meet their digital and energy needs. The region's focus on sustainability, particularly through the European Union's Green Deal, has propelled the demand for energy-efficient technologies like PoE.
Europe's dedication to digital transformation and smart city initiatives in a variety of sectors, such as telecommunications, healthcare, and education, has established a favorable environment for PoE expansion. For example, Scalable Cities is an initiative of the European Commission to create an innovative, sustainable, and city-led community of smart and climate-neutral cities in Europe.
The Germany market dominated the Europe Power Over Ethernet Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of USD320 million by 2031. The UK market is exhibiting a CAGR of 18.9% during 2024-2031. Additionally, the France market would experience a CAGR of 21.1% during 2024-2031.
One of the primary factors driving the market is the increasing prevalence of Internet of Things (IoT) devices in a variety of sectors. IoT devices require continuous power and data connectivity, making PoE an ideal solution for powering and managing these systems.
Moreover, the advantages of PoE extend beyond IoT devices to other sectors, including telecommunications, healthcare, and education. PoE is employed in the telecommunications industry to supply power to network devices, including routers, switches, and wireless access points, which are essential for the purpose of facilitating high-speed data transmission.
Across Europe, the adoption of PoE technology is steadily increasing as governments and businesses seek efficient, scalable, and cost-effective solutions to meet their digital and energy needs. The region's focus on sustainability, particularly through the European Union's Green Deal, has propelled the demand for energy-efficient technologies like PoE.
Europe's dedication to digital transformation and smart city initiatives in a variety of sectors, such as telecommunications, healthcare, and education, has established a favorable environment for PoE expansion. For example, Scalable Cities is an initiative of the European Commission to create an innovative, sustainable, and city-led community of smart and climate-neutral cities in Europe.
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.
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 Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Europe Power Over Ethernet Market by Type
Chapter 6. Europe Power Over Ethernet Market by End Use
Chapter 7. Europe Power Over Ethernet Market by Application
Chapter 8. Europe Power Over Ethernet Market by Country
Chapter 9. Company Profiles
Companies Mentioned
Some of the key companies in the Europe Power Over Ethernet Market include:- 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.
Methodology
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