The North America Power Over Ethernet Market is expected to witness market growth of 19.7% CAGR during the forecast period (2024-2031).
The US market dominated the North America 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 USD1.18 billion by 2031. The Canada market is experiencing a CAGR of 22.3% during 2024-2031. Additionally, the Mexico market is exhibiting a CAGR of 21.3% during 2024-2031.
Despite its many advantages, the market also faces challenges that could impede its growth. One such challenge is the limitation of power delivery. While PoE technology has evolved to provide up to 90 watts of power with the IEEE 802.3bt standard, this may not be sufficient for some high-power devices like industrial machinery, large displays, or advanced computing systems.
Moreover, traditional power sources are still necessary for these applications, limiting PoE’s ability to serve a broader range of devices and applications. Another significant challenge is the cost of implementing PoE technology, particularly for organizations with legacy network infrastructure. Retrofitting existing systems to support PoE can be expensive and complex, as upgrading routers, switches, and cables to meet PoE standards is required.
The US federal government has been supporting the development of smart cities through programs like the Smart Cities and Communities Framework under the U.S. Department of Transportation and the National Institute of Standards and Technology (NIST). These initiatives aim to integrate connected technologies, including PoE-powered systems, into urban infrastructure for better energy efficiency, traffic management, and public safety. According to the Center for Sustainable Systems, University of Michigan, 83% of the U.S. population lives in urban areas, up from 64% in 1950. By 2050, 89% of the U.S. population will live in urban areas. This further drives the need for energy-efficient, connected technologies like PoE as cities grow and expand.
The US market dominated the North America 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 USD1.18 billion by 2031. The Canada market is experiencing a CAGR of 22.3% during 2024-2031. Additionally, the Mexico market is exhibiting a CAGR of 21.3% during 2024-2031.
Despite its many advantages, the market also faces challenges that could impede its growth. One such challenge is the limitation of power delivery. While PoE technology has evolved to provide up to 90 watts of power with the IEEE 802.3bt standard, this may not be sufficient for some high-power devices like industrial machinery, large displays, or advanced computing systems.
Moreover, traditional power sources are still necessary for these applications, limiting PoE’s ability to serve a broader range of devices and applications. Another significant challenge is the cost of implementing PoE technology, particularly for organizations with legacy network infrastructure. Retrofitting existing systems to support PoE can be expensive and complex, as upgrading routers, switches, and cables to meet PoE standards is required.
The US federal government has been supporting the development of smart cities through programs like the Smart Cities and Communities Framework under the U.S. Department of Transportation and the National Institute of Standards and Technology (NIST). These initiatives aim to integrate connected technologies, including PoE-powered systems, into urban infrastructure for better energy efficiency, traffic management, and public safety. According to the Center for Sustainable Systems, University of Michigan, 83% of the U.S. population lives in urban areas, up from 64% in 1950. By 2050, 89% of the U.S. population will live in urban areas. This further drives the need for energy-efficient, connected technologies like PoE as cities grow and expand.
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
- US
- Canada
- Mexico
- Rest of North America
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. North America Power Over Ethernet Market by Type
Chapter 6. North America Power Over Ethernet Market by End Use
Chapter 7. North America Power Over Ethernet Market by Application
Chapter 8. North America Power Over Ethernet Market by Country
Chapter 9. Company Profiles
Companies Mentioned
Some of the key companies in the North America 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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