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Power Over Ethernet Chipsets Market size is expected to reach USD 1694.59 million by 2032. The industry is undergoing a transformation driven by increasing demand for durable, high-performance industrial components across various sectors.
Market to Hit USD 1694.59 Mn by 2032
Power Over Ethernet Chipsets Market size was valued at USD 808.0 million in 2024 and expected to expand at a compound annual growth rate (CAGR) of 9.7% from 2025-2032, reaching USD 1694.59 million by 2032. In 2023, Power Over Ethernet Chipsets Market Size was valued at approximately USD 271 million in North America and its Market share of 38%. Also, in Europe held a market share of 30% in the same year, equating to revenues of USD 200.8 million in 2023.
Leading market Players Fueling Industry Evolution
In 2024, the Cisco Systems Inc. (USA) is valued at approximately USD 53.8 billion while Microsemi Corp. (USA) is valued at USD 1.4 billion and L-Com Inc. (USA) is valued at USD 6.8 million respectively in Power Over Ethernet Chipsets Market.
Power Over Ethernet Chipsets Powered Devices is dominated by Type segment in terms of value, in 2023
This Power Over Ethernet Chipsets Powered Devices sector dominates the Power Over Ethernet Chipsets Market which the segment’s valued is at USD 405 million holding a market share of 55.1% in 2023. For instance, enabled LED IP lighting system power demand is 100w while high-end IP cameras power demand can go to 60w.
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Residential is dominated by End User segment in terms of value, in 2023
This Residential sector dominates the Power Over Ethernet Chipsets Market which a variety of smart home applications consisting of TVs, cameras, IoT, Wi-Fi extenders, LED lighting, and others. The residential space has a strong anticipated growth rate as smart home applications continue to increase in popularity.
North America is estimated to be the largest dominating region in terms of value, during the forecast period
This is the largest region in Power Over Ethernet Chipsets Market which the valued at approximately USD 271 million in North America and its Market share of 38% in 2023. Region uses PoE infrastructure for networking in various industries like telecommunications, security, and healthcare with the help of the PoE switch that can deliver both power and network.
Europe is estimated to be the Second-largest dominating region in terms of value, during the forecast period
This is the Second-largest region in Power Over Ethernet Chipsets Market which the valued at approximately USD 200.8 million in Europe and its Market share of 30% in 2023. Germany’s PoE chipset market was valued at approximately USD 54.9 million holding a market share 7.5% in 2023.
Power Over Ethernet Chipsets Market Competitive Landscape
Cisco Systems Inc. (USA): Cisco is a leading provider of networking solutions, offering a comprehensive range of PoE-enabled switches and routers. n November 2024, Cisco introduced the Catalyst 3560-C and Catalyst 2960-C C-Series switches, enhancing their PoE offerings to support advanced network infrastructures. In 2024, the company Earns revenue valued at USD 53.8 billion.
Microsemi Corporation (USA): Their products supported high-power devices and were integral in various applications, from aerospace to industrial sectors. In September 2019, Microsemi introduced PoE controllers for networked devices, aligning with IEEE 802.3af specifications, thereby enhancing the functionality of powered devices. In 2024, the company Earns revenue valued at USD 1.4 billion.
L-Com Inc. (USA): Their solutions are designed to simplify the deployment of PoE technology, ensuring reliable power and data transmission for various networked devices. While specific recent news is limited, L-Com continues to innovate in the connectivity space, offering products that support the growing demand for PoE solutions in both commercial and residential applications.
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Emerging Trends in the Power Over Ethernet Chipsets Market
- Cisco is developing high-wattage PoE standards (such as IEEE 802.3bt) to support power-hungry devices like PTZ cameras and digital signage, as well as incorporating AI and network automation into PoE-enabled smart building infrastructure.
- Microsemi/Microchip is working on energy-efficient chipset designs and multi-port PoE solutions to suit rising IoT and industrial automation demands. L-Com, on the other hand, is responding to the market’s demand for low-cost, compact PoE components by offering simple injectors and adapters that are ideal for small businesses and home automation applications.
Conclusion
- The Power over Ethernet (PoE) Chipsets Market is on a strong growth trajectory, projected to nearly double in value from USD 808 million in 2024 to USD 1,694.59 million by 2032, driven by increasing demand across smart homes, industrial automation, and enterprise networks.
- North America and Europe remain dominant regions, with North America leading at a 38% market share.
- Major players like Cisco, Microsemi, and L-Com are fueling innovation through advanced PoE standards, energy-efficient designs, and compact connectivity solutions.
- The residential and powered devices segments continue to lead in value, reflecting growing adoption in both consumer and commercial spaces.
- As PoE technology evolves, integration with AI, 5G, and cybersecurity will be crucial in shaping the next generation of smart, connected infrastructure.
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