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Waveshare ESP32-S3 ETH Development Board vs Waveshare PCIe To M.2 HAT+ Adapter With PoE for Raspberry Pi 5

Updated August 2026The Waveshare ESP32-S3 ETH Development Board is better for IoT development, while the PCIe To M.2 HAT+ Adapter excels in storage performance for Raspberry Pi 5.

The Waveshare ESP32-S3 ETH Development Board is better for IoT development, while the PCIe To M.2 HAT+ Adapter excels in storage performance for Raspberry Pi 5.

Why Waveshare ESP32-S3 ETH Development Board is better

processing power

ESP32-S3 has a dual-core processor at 240 MHz

expandability

Includes TF card slot for additional storage

versatility

Compatible with various cameras and peripherals

Why Waveshare PCIe To M.2 HAT+ Adapter With PoE for Raspberry Pi 5 is better

storage speed

Supports high-speed NVMe M.2 SSDs

PoE functionality

Provides power and network connection in one cable

Raspberry Pi integration

Designed specifically for Raspberry Pi 5

Overall score

Waveshare ESP32-S3 ETH Development Board
85
Waveshare PCIe To M.2 HAT+ Adapter With PoE for Raspberry Pi 5
75

Specifications

SpecWaveshare ESP32-S3 ETH Development BoardWaveshare PCIe To M.2 HAT+ Adapter With PoE for Raspberry Pi 5
BrandWaveshareWaveshare
Wi-FiYesNo
EthernetW5500Yes
PoEYesYes
Camera SupportYesNo

Dimension comparison

Waveshare ESP32-S3 ETH Development BoardWaveshare PCIe To M.2 HAT+ Adapter With PoE for Raspberry Pi 5

Overview of Waveshare Products

In this comparison, we will examine the Waveshare ESP32-S3 ETH Development Board and the Waveshare PCIe To M.2 HAT+ Adapter with PoE for Raspberry Pi 5. The former is priced at £27.99, while the latter is slightly more expensive at £30.99. Each product offers unique features tailored to different applications, making it essential to evaluate their capabilities based on specific needs.

Target Audience and Use Cases

The Waveshare ESP32-S3 ETH Development Board is primarily aimed at developers and hobbyists interested in creating IoT projects and embedded systems. It features a high-performance ESP32-S3R8 chip, making it suitable for applications requiring wireless communication and processing power. On the other hand, the Waveshare PCIe To M.2 HAT+ Adapter is designed specifically for Raspberry Pi 5 users looking to upgrade their storage capabilities. This adapter supports NVMe protocol M.2 solid-state drives, making it ideal for users who need faster reading and writing speeds.

Performance and Processing Power

In terms of processing capabilities, the Waveshare ESP32-S3 ETH Development Board stands out with its Xtensa 32-bit LX7 dual-core processor, which operates at 240 MHz. This makes it a robust option for complex tasks and multitasking within IoT applications. In contrast, the Waveshare PCIe To M.2 HAT+ Adapter does not possess its own processing unit but enhances the Raspberry Pi 5’s performance by allowing the use of high-speed NVMe solid-state drives. This could significantly improve data transfer rates, although it relies on the processing power of the Raspberry Pi itself.

Connectivity Features

Connectivity is a focal point for both products, but they cater to different needs. The Waveshare ESP32-S3 ETH Development Board integrates a W5500 Ethernet chip, allowing for a 10/100 Mbps network connection through its SPI interface. It also supports IEEE 802.3af-compliant Power over Ethernet (PoE) functionality, offering flexibility in power management. Meanwhile, the Waveshare PCIe To M.2 HAT+ Adapter features a built-in PoE capability as well, designed to provide both network connection and power to the Raspberry Pi through a single cable. This dual functionality simplifies setups for users looking to minimise cabling.

Storage Options and Expandability

When it comes to storage and expandability, the Waveshare ESP32-S3 ETH Development Board features a TF card slot, enabling the expansion of storage for files, images, and other data. This allows for significant flexibility in data management for IoT applications. In contrast, the Waveshare PCIe To M.2 HAT+ Adapter is specifically tailored to accommodate M.2 solid-state drives of sizes 2230 and 2242. This makes it a superior choice for users prioritising storage speed and capacity, although it is limited to NVMe protocol drives, which may exclude some users with SATA-based storage solutions.

Compatibility and Integration

The Waveshare ESP32-S3 ETH Development Board is designed with a range of onboard interfaces, including compatibility with various cameras and peripheral devices. This makes it highly versatile for a wide array of applications beyond just networking, such as image processing and video capture. Conversely, the Waveshare PCIe To M.2 HAT+ Adapter is specifically designed for the Raspberry Pi 5, utilising its 16-pin PCIe interface and standard 40-pin GPIO header. While it is excellent for enhancing the Raspberry Pi's capabilities, its compatibility is limited to this specific model, potentially restricting its user base.

Price and Value for Money

With a price of £27.99, the Waveshare ESP32-S3 ETH Development Board offers considerable value, especially for users seeking a comprehensive development platform with built-in wireless and wired connectivity. The additional features, such as camera compatibility and expandability, enhance its appeal. The Waveshare PCIe To M.2 HAT+ Adapter, priced at £30.99, provides excellent value for Raspberry Pi 5 users who require faster storage solutions. The investment may be justified for those prioritising speed and performance, particularly in data-intensive applications.

Which should you buy?

Ultimately, the choice between the Waveshare ESP32-S3 ETH Development Board and the Waveshare PCIe To M.2 HAT+ Adapter hinges on your specific needs. If you are a developer seeking a versatile platform for IoT projects, the ESP32-S3 board is the better option due to its processing power and connectivity features. However, if you are a Raspberry Pi 5 user looking to enhance storage performance with NVMe drives, the PCIe To M.2 HAT+ Adapter would be the ideal choice. Assess your requirements carefully to decide which product aligns best with your project goals.

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Waveshare ESP32-S3 ETH Development Board vs Waveshare PCIe To M.2 HAT+ Adapter With PoE for Raspberry Pi 5 | versusfinder