South America Power over Ethernet Market
The power over Ethernet market in SAM is sub segmented into Brazil, Argentina, and Rest of SAM. The rest of SAM includes Chile, Colombia, Guatemala, and Peru. Technological developments have directly impacted the economies of Brazil and Argentina. The continuous growth in the adoption of infotainment and consumer electronics in the region has led to a continued surge in demand for communication technology, which create a need of power over Ethernet. The swift penetration of smartphones and other connected devices, and the rising concerns associated with the safety of homes are further likely to contribute to the power over Ethernet market growth in SAM. The availability of effective internet infrastructure would boost the number of smartphone users in Brazil and Argentina. They have witnessed a surge of smartphone adoption in the last few years due to the reduction in the price of handsets, and the increasing availability of finance offerings and subsidies from mobile operators. In addition, 4G and 5G connections are also playing a crucial role in stimulating the sales of smartphones, and other gadgets such as laptops and tablets. The rise in demand for consumer electronics is projected to boost the manufacturing of power over Ethernet equipment in SAM in the coming years.
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 SAMsures 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.
Strategic insights for the South America Power over Ethernet provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 24.61 Million |
| Market Size by 2027 | US$ 55.94 Million |
| Global CAGR (2020 - 2027) | 11.4% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Deployment
|
| Regions and Countries Covered | South and Central America
|
| Market leaders and key company profiles |
The geographic scope of the South America Power over Ethernet refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Power over Ethernet market in SAM is expected to grow from US$ 24.61 million in 2019 to US$ 55.94 million by 2027; it is estimated to grow at a CAGR of 11.4% from 2020 to 2027. As the governments and businesses realize the significance of technology, various government and private initiatives are emerging for the development of smart cities. A smart city is characterized by various connected devices such as cameras, sensors, recorders, and other smart devices, which utilize information and communication technologies to provide better public wellbeing, service levels, economic development, and sustainability. Moreover, smart city is known for its enhanced safety levels, efficient public utilities, improved public transport services, efficient utilization of energy, economic development opportunities, and data-driven decision-making system, among other benefits. The growing need for optimum utilization of resources to create sustainable development is paving the way for smart cities, which is expected to create growth opportunities for POE market players.
In terms of type, the powered devices segment accounted for the largest share of the SAM Power over Ethernet market in 2019. In terms of application, lighting control segment accounted for the largest share of the SAM Power over Ethernet market in 2019. Further, commercial segment held a substantial share of the SAM Power over Ethernet market based on end user in 2019.
A few major primary and secondary sources referred to for preparing this report on the Power over Ethernet market in SAM are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Broadcom Ltd.; Cisco Systems, Inc.; Dell Inc; Huawei Technologies Co., Ltd.; Monolithic Power Systems Inc.; ON Semiconductor Corporation; Silicon Laboratories Inc.; STMicroelectronics N.V.; and Texas Instruments, Inc.
The South America Power over Ethernet Market is valued at US$ 24.61 Million in 2019, it is projected to reach US$ 55.94 Million by 2027.
As per our report South America Power over Ethernet Market, the market size is valued at US$ 24.61 Million in 2019, projecting it to reach US$ 55.94 Million by 2027. This translates to a CAGR of approximately 11.4% during the forecast period.
The South America Power over Ethernet Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Power over Ethernet Market report:
The South America Power over Ethernet Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South America Power over Ethernet Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South America Power over Ethernet Market value chain can benefit from the information contained in a comprehensive market report.
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