Technavio Announces the Publication of its Research Report Global PoE Chipset Market 2016-2020
Technavio recognizes the following companies as the key players in the Global PoE chipset market: Flexcomm, Maxim Integrated Products, Microsemi, ON Semiconductor, Silicon Laboratories, and STMicroelectronics.
Commenting on the report, an analyst from Technavios team said: One of the key trends for market growth will be ever-increasing demand for data. The demand for data among consumers is insatiable, and data consumption via mobile handsets or through desktops and laptops has increased exponentially in many countries. Consumers access data in large volumes on the go for different purposes such as e-mailing and streaming video content. In order to manage the data flow, Ethernet systems and routers are in place. In order to accommodate the increase in data consumption (both broadband and mobile data) and ensure proper quality of service, network operators are developing sophisticated wired and wireless networks, architecture, and devices. As PoE technology is suitable for such architecture and networks, the demand for PoE chipsets for network infrastructure expansion will increase.
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According to the report, rising power prices will be a key driver for market growth. The global demand for power has been increasing continuously due to widespread industrialization, increasing population, the rise of the middle class, and growing energy consumption across the globe. The prices of raw materials used by power generation and distribution companies have risen sharply, creating pressure on power producers to raise electricity prices to maintain operations and secure profits. Electricity charges account for a major part of consumers monthly utility bills, and so homeowners need to minimize energy consumption to reduce costs.
Further, the report states that a major challenge faced by Ethernet networks is the interoperability issue due to growing network complexity. There are no interoperability standards for Ethernet services, which are negatively affecting the consistency, making the service less interactive and difficult to manage. The Ethernet services also face interoperability issues while supporting virtual local area network (VLAN) tag assignments and service level agreement (SLA) system reports.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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About Power over Ethernet
Power over Ethernet (PoE) transfers DC current through the standard Ethernet cables, including CAT5, CAT5e, and CAT6 cables. The prime advantage of PoE technology is that one cable does the job for transferring both data as well as sufficient power, thereby eliminating additional costs for cabling. PoE chipsets are implemented for transferring data signals, which ultimately eliminates the need to set up a separate network of cables.
Technavios analysts forecast the global PoE chipset market to grow at a CAGR of 9.93% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global PoE chipset market for 2016-2020. To calculate the market size, the report considers the total sales of PoE chipsets worldwide for end-user products such as VoIP phones, wireless access points, and network cameras.
The market is divided into the following segments based on geography:
Technavio’s report, Global PoE Chipset Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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