Poe Chipset Market Trends, Price, Demand and Growth to 2020

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.”

Browse full report with TOC@ https://marketreportscenter.com/reports/403879/global-poe-chipset-market-2016-2020

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...