According to Venture Development Corporation, the worldwide market for Power over Ethernet midspan solutions will steadily rise, doubling the number of PoE-enabled ports shipped each year between 2003 to 2007. VDC analysts forecast the compound annual growth rate (CAGR) for midspans to be an impressive 64% between 2003 and 2007. The analysts also estimate that per port revenue will decline by more than 50%, falling from approximately $60 per port to under $25 per port by 2007.