Power Over Ethernet (PoE) Chipset Market expected to reach $1769.97 million by 2032.

From GlobeNewswire: 2025-03-21 09:00:00

The Power Over Ethernet (PoE) Chipset Market was valued at USD 674.60 million in 2023 and is projected to reach USD 1769.97 million by 2032, with a CAGR of 11.35% over 2024-2032. PoE Chipsets drive IoT, 5G, and smart infrastructure growth by transmitting power and data over a single cable, accelerating the deployment of IoT devices, security cameras, VoIP phones, and LED lighting for enhanced operational efficiency. Leading market players include Broadcom, Microsemi, Marvell Technology, and more. The market scope covers market size, segment analysis, competitive landscape, regional analysis, and forecast outlook.

In 2023, PoE Powered Devices (PD) chipsets dominated with a 53.8% market share, driven by the adoption of network cameras, VoIP phones, and LED lighting. PoE Power Sourcing Equipment (PSE) chipsets are expected to witness the highest CAGR from 2024 to 2032, fueled by high power PoE standards and demand for centralized power management. The 802.3at (PoE+) standard led the market in 2023, while the 802.3bt standard is expected to register the highest CAGR.

Ethernet Switch & Injector PoE chipsets held the largest market share in 2023, driven by demand in enterprises and smart buildings. LED lighting is expected to record the fastest CAGR, supported by the shift towards smart, energy-efficient lighting. The industrial sector dominated the market in 2023, while the commercial segment is set to witness the fastest CAGR from 2024 to 2032.

North America held a dominant market share in 2023, driven by smart infrastructure adoption and advanced networking solutions. Asia Pacific is expected to witness the highest CAGR from 2024 to 2032 due to urbanization and smart city initiatives. Real-world examples include Singapore’s Smart Nation Initiative and India’s Digital India program, showcasing PoE technology’s role in smart city development.

Recent developments include the emphasis on PoE certification by the Ethernet Alliance and the unveiling of the MT5824 chipset by Metanoia at MWC 2025. The market report provides insights on market dynamics, competitive landscape, statistical trends, regional analysis, and company profiles. SNS Insider is a leading market research agency providing accurate market data and insights for informed decision-making.



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