Power over Ethernet (PoE) technology, the ability to deliver electrical power to networked devices over the same Ethernet cabling that connects them to the LAN, has evolved to be a key part of wireless LAN architectures, IoT and enterprise networks. PoE simplifies the devices themselves by eliminating the need for an electric plug and power converter, and makes it unnecessary to have separate AC electric wiring and sockets installed near each device. The PoE market is expected to grow at 13% per year from 2023 to 2028, hitting a value of $1.86 billion by 2026, according to Dell’Oro Group.
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