Infotainment Segment is Expected to be Fastest Growing During Forecast Period for SAM Region

According to a new market research study on “SAM Power over Ethernet Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast by Type, Application, and End User” is expected to reach US$ 151.08 million by 2027 from US$ 61.56 million in 2019. The market is estimated to grow at a CAGR of 12.5% from 2020 to 2027. The report provides trends prevailing in the SAM Power over Ethernet market along with the drivers and restraints pertaining to the market growth. Fast expanding adoption of connected devices is the major factor driving the growth of the SAM Power over Ethernet market. However, issues such as connectivity protocols not uniform hinders the growth of SAM Power over Ethernet market.

The SAM Power over Ethernet market is segmented based on type, application, and end user. Based on type, the SAM Power over Ethernet market is segmented as Power Sourcing Equipment (PSE) and Powered Devices (PDs). Powered devices segment accounted for a higher market share in 2019. Based on application, the market is segmented as IoT connectivity, lighting control, infotainment, access control and security, communication applications, and others. Lighting control segment accounted for a higher market share in 2019. Based on end user, the market is segmented as residential, commercial, and industrial. Commercial segment accounted for a higher market share in 2019.

The ongoing COVID-19 outbreak has badly impacted the SAM region. Brazil leads the region in terms of COVID-19 cases, followed by Colombia, Argentina, Peru, and others. The governments in South America has taken an array of actions to protect their citizens and contain the spread of COVID-19. Containment measures in countries of South America is expected to impact the economic activity in the manufacturing and service sectors, and ultimately affecting the power over Ethernet market in till the mid of 2021. the growth rate will be affected in 2020 and 2021 due to the COVID 19 outbreak. The mass lockdowns, travel bans, and business shutdowns across all countries affect the supply chains and business activities and affect the revenues and growth of companies operating in the SAM PoE market. Hence, this outbreak may act as a restraining factor and affect the revenues and growth of PoE in 2020 and 2021. However, the overall growth is anticipated to be positive over the forecast period from 2021 onwards.

Broadcom Ltd.; Cisco Systems, Inc.; Dell Inc; Huawei Technologies Co., Ltd.; Inc; Monolithic Power Systems Inc.; ON Semiconductor Corporation; Silicon Laboratories Inc.; STMicroelectronics N.V.; and Texas Instruments, Inc. are among the leading companies in the SAM Power over Ethernet market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, On Semiconductors Corp. announced that their PoE solutions are now compliant with IEEE 802.3bt standards owing to the increasing power demands of IoT endpoints.

The report segments the SAM Power over Ethernet Market follows:

SAM Power over Ethernet Market – By Type

• Power Sourcing Equipment
• Powered Devices

SAM Power over Ethernet Market – By Application

• IoT Connectivity
• Lighting control
• Infotainment
• Access control and security
• Communication Applications
• Others

SAM Power over Ethernet Market – By End User

• Residential
• Commercial
• Industrial  

SAM Power over Ethernet Market – By Country

• Brazil
• Argentina
• Rest of SAM