North America Structured Cabling Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Copper Cables, Fiber Optic Cables, and Others), By Application (LAN and Data Center), and North America Structured Cabling Market Insights, Industry Trend, Forecasts to 2033.
Industry: Electronics, ICT & MediaNorth America Structured Cabling Market Insights Forecasts to 2033
- The North America Structured Cabling Market Size is expected to hold a significant share by 2023.
- The Market is Growing at a CAGR of 5.1% from 2023 to 2033
- The North America Structured Cabling Market Size is Expected to Hold a Significant Share by 2033
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The North America Structured Cabling Market is Anticipated to Hold a Significant Share by 2033, growing at a CAGR of 5.1% from 2023 to 2033.
Market Overview
Structured cabling is a standardized system of cabling and connectivity components that creates a comprehensive and adaptable network infrastructure. It is made up of a variety of structured elements, such as cables, connectors, patch panels, and management hardware, which are intended to provide structured and organized support for telecommunications, data, and network systems. The system provides efficient data transmission, easy upgrades, and scalability. Structured cabling is widely used in a variety of settings, including commercial buildings, data centers, telecommunications networks, and industrial facilities. It enables high-speed data transmission for internet, voice, and video services, simplifies network management, and provides a solid foundation for IT infrastructure. Its modular and organized design facilitates troubleshooting, maintenance, and expansion, making it indispensable in modern networking environments. The significant increase in internet users, as well as the demand for personal cloud storage, are just a few of the factors driving the North America structured cabling market. Additionally, the North America region is one of the most important data center markets, contributing to the studied market's growth.
Report Coverage
This research report categorizes for the North America structured cabling market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America structured cabling market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the North America structured cabling market.
North America Structured Cabling Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 68 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 6.4% |
2033 Value Projection: | USD 127 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Product Type, By Application |
Companies covered:: | Belden Inc., The Siemon Company, Corning Incorporated, Commscope, Inc., Anixter Inc, Legrand S.A., Pangen Solutions, Siemens AG, Schneider Electric SE, Datwyler IT Infra GmbH, and Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The growing development of broadband infrastructure projects, as well as the surge in several countries' government initiatives to create intelligent cities, has increased demand for cabling solutions. Broadband connections are established using this cabling and associated hardware systems, facilitating practical telecommunication industries. This cabling is used for a variety of purposes, including telephony, data transmission, and internet broadband connectivity via a cabling and computer network. Rising investment by major players in the development of broadband connections around the region has accelerated market growth. Also, rising internet penetration and the penetration of broadband infrastructure for improved internet connectivity are expected to drive product demand.
Restraining Factors
The availability of alternative cabling options for small server room applications hinders market growth. Rack-level management renders and other cabling solutions are more viable for modern network applications, limiting the growth of the structured cabling market.
Market Segmentation
The North America structured cabling market share is classified into product type and application
- The copper cables segment is expected to hold the largest market share through the forecast period.
The North America structured cabling market is segmented by product type into copper cables, fiber optic cables, and others. Among these, the copper cables segment is expected to hold the largest market share through the forecast period. Copper cables are expected to gain popularity in data centers and desktop connections, presenting lucrative opportunities for the copper cable segment. The copper wire and cable industry is primarily driven by rising electricity demand and significant investment in building development.
- The data center segment is expected to dominate the North America structured cabling market during the forecast period.
Based on the application, the North America structured cabling market is divided into LAN and data center. Among these, the data center segment is expected to dominate the North America structured cabling market during the forecast period. The growing use of IoT devices, mobile data, and smart applications has led to an increase in structured cabling in data centers. A large amount of data is generated by digital devices, necessitating additional storage and driving demand for data centers.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the North America structured cabling market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Belden Inc.
- The Siemon Company
- Corning Incorporated
- Commscope, Inc.
- Anixter Inc
- Legrand S.A.
- Pangen Solutions
- Siemens AG
- Schneider Electric SE
- Datwyler IT Infra GmbH
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at North America, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the North America structured cabling market based on the below-mentioned segments:
North America Structured Cabling Market, By Product Type
- Copper Cables
- Fiber Optic Cables
- Others
North America Structured Cabling Market, By Application
- LAN
- Data Center
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