Structured Cabling Market Size, Share and Analysis - 2020-2027
Structured Cabling Market
The Structured Cabling Market is estimated to expand at a robust CAGR over the forecast period (2020-2027).
The factors driving the growth of Structured Cabling Market includes growing demand for high-speed connectivity devices, improvements in the broadband infrastructure, increasing number of internet users around the world and the expansion of IT & telecommunication industry. According to the report published by Statista, the active number of internet users in India were valued around 622 million in 2020 and are further predicted to reach 900 million by the end of 2025, which is expected to boost the Structured Cabling Market share in the approaching years. Moreover, the increasing penetration of data centers, technological advancements in structured cabling and growing investments by leading players on research and development, are some of the additional factors supplementing the market growth. In addition, the increasing Government expenditure on smart city projects, rising consumers inclination towards LED lightings, rapid urbanization and growing disposable incomes, are further propelling the market growth.
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However, the growth of Structured Cabling Market is hindered because structured cables are not suitable for small server rooms.
The leading players operating in the market are Furukawa Electric Co., Ltd., Nexans, Legrand, Panduit, Belden Inc., Corning Incorporated, CommScope Inc., Furukawa Electric Co., Ltd., Schneider Electric, and Siemon among others.
Solution Type: Segment Analysis
Based on Solution Type, the Product segment is estimated to expand at a significant CAGR during the forecast period because hardware are major components required to establish network in structured cabling programs.
Vertical: Segment Analysis
Based on Vertical, the IT & Telecommunications segment is predicted to grow at a remarkable CAGR over the forecast period. The growing demand of high-speed internet connectivity and upgradation of existing network infrastructure are some of the important factors responsible for the growth of the segment.
Regional: Segment Analysis
As per the Structured Cabling Market Trends, the North American region is projected to capture the largest market share during the forecast period. The increasing number of data centers, high internet penetration rates and growing adoption of advanced technologies such as Internet of Things (IoT) and Artificial Intelligence (AI) by the major corporations, are some of the factors augmenting the market growth in North America.
Market Segmentation
Global Structured Cabling Market by Solution Type
- Product
- Communication Outlets
- Cables
- Patch Cords & Cable Assemblies
- Patch Panels & Cross Connects
- Racks & Cabinets
- Software
- Service
- Managed Services
- Installation & Consultation
- Maintenance & Support
Global Structured Cabling Market by Cable Type
- Category 5E
- Category 6
- Category 6A
- Others
Global Structured Cabling Market by Vertical
- Residential & Commercial
- IT & Telecommunications
- Transportation
- Government & Education
- Industrial
- Others
Global Structured Cabling Market by Region
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
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