During the anticipated period, the structured cabling market is anticipated to grow at a CAGR of 10%. The market is anticipated to be worth US$ 10.67 billion in 2022 and likely US$ 27.68 billion by 2032.
As the telecommunications infrastructure, optical cabling, and quick networking systems expand during the forecast period, so does the demand for structured cabling. Additionally, the market share for structured cabling is likely to have increased in recent years due to the growth of customers, the demand for high-speed networking equipment, and the development of 5G technology.
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Additionally, the size of the structured cabling market is likely to increase due to end-use industries like telecommunication, IT, commercial, residential, automation, government, defence, and oil & gas, among others.
The structured cabling market refers to the industry that produces and sells cabling infrastructure solutions designed to support communication networks within buildings and data centers. Structured cabling solutions provide a standardized approach to network cabling, ensuring that all devices within a network can communicate with each other effectively and efficiently.
The market for structured cabling is driven by the increasing demand for high-speed data transfer and reliable connectivity within buildings and data centers. Structured cabling solutions can help organizations optimize their network performance by reducing the risk of data transmission errors and minimizing network downtime.
Global Structured Cabling Market: Key Players
The key players of the global structured cabling market are
- Nexans S.A.,
- CommScope, Inc.,
- Schneider Electric SE,
- Panduit Corp.,
- Legrand,
- Belden, Inc.,
- Corning, Inc.
- ABB Ltd.,
- Panduit Corp.,
- Siemon,
- Teknon Corporation & others.
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The structured cabling market is expected to continue growing in the coming years, driven by the increasing adoption of cloud-based services, Internet of Things (IoT) devices, and other advanced technologies that require high-speed connectivity. The market is also likely to benefit from the growing trend towards smart buildings and data centers, which require reliable and efficient communication networks to support a range of digital services and applications.
Global Structured Cabling Market: Segmentation
Segmentation of the global structured cabling market is done on the basis of product type, service type, applications & Geography. On the basis of product type, global structured cabling market is segmented as cables (Optical Fiber Cable & Copper cable), communication outlets, patch panels & cross connects, racks & cabinets, patch panels, cables accessories & some tools used up in the installation.
By service type global structured cabling market is segmented as installations & consultation, maintenance and support, software & managed service.
On the basis of applications, the segmentation of global structured cabling market is done as; in residential & commercial sectors, IT & telecommunication, Government organization, military & defense sector, industrial applications, healthcare sector, transportation & others.
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