The global structured cabling market size is expected to grow from $11.90 billion in 2021 to $12.87 billion in 2022 at a compound annual growth rate (CAGR) of 8.1%. The change in the structured cabling market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $17.85 billion in 2026 at a CAGR of 8.5%.
What is the Global Structured Cabling Market?
The structured cabling market consists of sales of structured cabling products by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing structured cabling systems of cabling and associated hardware. Structured cabling is defined as building or campus cabling infrastructure such as telecommunication cabling or ethernet cabling, a properly designed and installed structure cabling provides the infrastructure that delivers the flexibility to make changes to the cabling system, maximize system availability, delivers predictable performance.
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What drives the Global Structured Cabling Market?
The increasing demand for high-speed connectivity is likely to contribute to the growth of the structured cabling market. Structured cabling includes a set of cables and hardware that makes the telecommunication infrastructure and helps in transferring video, voice, and data signals from one point to another through a communication network in an enterprise. High-speed connectivity requires connected devices and cables for a smooth and high-speed network connection. For instance, the global over-the-top (OTT) players, where data transfer need is in the range of 100TB/sec, require around 3000+ fiber strand optical fiber cables minimum for one data center to meet the viewing demand of customers. According to the Cisco VNI Global IP traffic forecast 2022, the data demand is growing rapidly at a CAGR of 26%. The growing demand for data increases the need for more fibers thus increase the need for managing the fiber cables. Thus, the increasing demand for high-speed connectivity is projected to fuel the demand for the structured cabling market.
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Global Structured Cabling Market Segments
The global structured cabling market is segmented:
By Product Type: Fiber Optic Cables, Copper Cables
By Application: LAN, Data Center
By End-Use Industry: IT and Telecommunication, Residential and Commercial, Government and Education, Transportation, Industrial, Others
By Geography: The regions covered in the structured cabling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Structured Cabling Global Market Report 2022provides market size and growth forecasts for the global structured cabling market, global structured cabling market share, structured cabling market segments and geographies, structured cabling market competitive landscape including leading competitors’ revenues, profiles and market shares. The structured cabling market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Structured Cabling Industry Playersinclude CommScope, Nexans SA, Legrand, Corning Inc, Belden Inc, Schneider Electric, Siemon, Panduit Corp, Furukawa Electric, ABB Group, TE Connectivity, Superior Essex, R&M, Hitachi Cable, Teknon Corporation, Brand-Rex, Paige Electric, Datwyler Cabling Solutions AG, Connectix Ltd, Electra Link Inc, VIA Technology, Network Cabling Services, Desert Communications, Xin Networks, Synergy Solution, AFL, Intelligent Business Technology, Black Box Network Services, Vega Global, Broadcom Inc and Sterlite Technologies. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
