Copper

Report: Industrial PoE market is fragmented – yet accelerating

Technavio’s latest research report indicates that the Industrial Power Over Ethernet Market is forecast to grow to USD $37.54 million, at a CAGR of 6%, from 2019 to 2023. The emergence of smart factories will propel the demand for industrial Power over Ethernet during the forecast period, also supported by the advent of 5G communication technology, rise in adoption of IIoT connected devices in industrial processes, and the emerging standards in Power over Ethernet.

Sourced through Scoop.it from: www.cablinginstall.com

Categories: Copper, Market Research, PoE

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