The power over ethernet market size is projected to reach US$ 1833.65 million by 2031 from US$ 846 million in 2023. The market is expected to register a CAGR of 10.2 % in 2023–2031.
The Power over Ethernet (PoE) market is expanding rapidly, fueled by increasing adoption of IoT devices, smart buildings, and connected infrastructure. Key drivers include cost efficiency, simplified installations, and growing demand for networked power solutions. Asia-Pacific leads the market, driven by urbanization and technological advancements in communication networks.
Source: The Insight Partners
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