Global Structured Cabling Market Size, Share, and COVID-19 Impact Analysis, By Solution Type (Products, Software), By Cable Type (Category 5E, Category 6), by Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2021 - 2030) Analysis and Forecast 2021 - 2030)
Industry: Electronics, ICT & MediaGlobal Structured Cabling Market Insights Forecasts to 2030
- The Structured Cabling market was valued at USD 9.4 billion in 2021.
- The market is growing at a CAGR of 10.7% from 2022 to 2030
- The global Structured Cabling market is expected to reach USD 21.3 billion by 2030
- Asia Pacific is expected to grow the fastest during the forecast period
Get more details on this report -
The global Structured Cabling market is expected to reach USD 90 billion by 2030, at a CAGR of 6% during the forecast period 2022 to 2030. Enterprise management systems' telecommunications infrastructure is made up of a collection of cables and gear known as structured cabling systems. Signals for voice, video, and data are transferred from one location to another through a communication network with the use of telecommunication equipment.
Market Overview
Structured cabling is well known for its collection of unique qualities, including its capacity to reduce power consumption, low maintenance cost, and increased level of flexibility. Structured cabling manufacturers are benefiting financially from the growing use of 5G technology, but in actuality, the continuously expanding IT & telecommunications sector is expected to further drive sales in the years to come. In a wide range of industries, from telephony to provision, structured cabling has improved. Growing preference towards newer technologies instead of copper cables has further stimulated growth. Growing desire for larger network data measurements seen across far more than applications has driven the demand-supply curve of structured cabling upward. The volume of sensitive data that firms acquire has increased exponentially as a result of the surge in internet users and rapid adoption of digital services. Data transfer is made better and faster by a structured cabling system, which has led to market expansion. Growing IoT data, the need for corporate automation, more competition, and increased focus on value and time management have all greatly increased demand for structured cabling systems. In the economic and industrial sectors of the Internet of Things (IoT), structured cabling is frequently used. Each of those industries is expanding quickly, which is causing a rise in demand for structured cabling among manufacturers.
Global Structured Cabling Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2021 |
Market Size in 2021: | USD 9.4 Billion |
Forecast Period: | 2022-2030 |
Forecast Period CAGR 2022-2030 : | 10.7 % |
2030 Value Projection: | USD 21.3 Billion |
Historical Data for: | 2019-2020 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 106 |
Segments covered: | By Solution Type, By Cable Type |
Companies covered:: | ABB Ltd., Corning Incorporated, Belden Inc., Legrand SA, CommScope Holding Company, Inc., Nexans, Siemens AG, Schneider Electric |
Growth Drivers: | Structured cabling solutions will be more in demand to support data transmission procedures as there are an increasing number of sensible towns. |
Get more details on this report -
Report Coverage
This research report categorizes the market for 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 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-segments of the structured cabling market.
Driving Factors
Structured cabling solutions will be more in demand to support data transmission procedures as there are an increasing number of sensible towns. Globally, intelligent connected solutions for data ownership, storage, and analytics are being integrated with sensible cities. Government agencies and businesses are working together to provide practical solutions. This could result in a strong demand for technique and data storage facilities and fuel market expansion. A constant investment in communication infrastructure is being seen in the worldwide data and communication technology sector, which has been rising gradually. One of the essential parts of the communication infrastructure is structured cabling. Economic, residential, and industrial markets all need structured cabling installed and maintained in order to lay the groundwork for communication systems.
Market Segmentation
- In 2021, software segment to grow at a highest CAGR over the forecast period.
On the basis of solution type, the global structured cabling market is segmented into software, products, services. Due to technological improvements, the software segment is anticipated to increase at the greatest CAGR throughout the projection period. Additionally, the complexity of network infrastructures is a contributing factor in the growth.
- In 2021, Category 6 cable type is dominating the market during the forecast period.
Based on Cable Type, The market is segmented into Category 5E, Category 6, and Others. The Structured Cabling Market was dominated by Category 6 cable. When compared to its upgraded module, Category 6A, Category 6 is reasonably priced. Additionally, Category 5/5e and Category 6 cabling are backwards compatible.
Regional Segment Analysis of the Structured Cabling Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Get more details on this report -
North America emerged as the largest market for the global Structured Cabling market in 2021.
North America is anticipated to have the greatest share of 30% growth for the structured cabling market between 2020 and 2030. The region's rapid expansion can be ascribed to the densely populated manufacturing and telecommunications sectors, both of which heavily utilise structured cabling networks. The market has also grown as a result of technological advancements, increased fibre optic cable adoption, high levels of digital service penetration, and early adoption of cutting-edge technologies in a variety of industries, including government, residential and commercial, transportation, and logistics.
Recent Developments
- In January 2021, Panduit Corp. introduced RapidID network Mapping System which helps in reducing the time and cost of patch cord documentation by up to 50%.
List of Key Market Players
- ABB Ltd.
- Corning Incorporated
- Belden Inc.
- Legrand SA
- CommScope Holding Company, Inc.
- Nexans
- Siemens AG
- Schneider Electric
Market Segmentation
Structured Cabling Market, By Solution Type
- Products
- Software
Structured Cabling Market, By Cable Type
- Category 5E
- Category 6
Structured Cabling Market, By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
Need help to buy this report?