Global PoE Injector Market to Draw Mega Growth with Ballooning Application of PoE Technology and Solutions
The global power over ethernet (PoE) injector market is forecasted to be largely advantaged by the requirement of security and access control and connectivity applications in the commercial sector. This could significantly augment the demand for PoE technology-based products and eventually improve the growth of the market. The swelling popularity of lighting solutions based on the PoE technology could be another factor helping the demand to grow rapidly. With the growing presence of powered device manufacturers and a substantial count of PoE power sourcing equipment in key regions, the demand for PoE controllers and interface controllers (ICs) could proportionally increase. As a result, a massive growth in the market is expected to be on the cards. The global PoE injector market is projected to grow at a CAGR of 12.5% during the forecast period 2017–2022. By the end of 2022, the market could be worth a US$762.2 mn from US$423.4 mn in 2017. Browse Press Release of this Research Rep...