Structured Cabling Market Global Market - Overview
The Structured Cabling Market can reach a valuation of USD 21.73 Billion by CAGR with 6.28 % till 2030.
Growing demand of Ethernet networks is also one of the major factor for the growth of structured cabling market. These cabling are widely being used for wiring different kinds of electronic devices that includes access control, IP camera and others where these cables are extensively being used. Furthermore, the increase in the demand of the POE (Power over Ethernet) and demand of bandwidth is also boosting the global structured cabling market. According to the study, the United Nations International Telecommunication Union estimates approximately 3 billion internet user by 2014, who are involved in streaming video to online gaming. According to a recent study report published by the Market Research Future, The global market of Structured Cabling Market is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
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Key Players:
CommScope, Inc. (U.S.), Nexans S.A. (France), Panduit Corp. (U.S.), Legrand (France), Corning, Inc. (U.S.), Belden, Inc. (U.S.), ABB Ltd. (Switzerland), Schneider Electric SE (France), Teknon Corporation (U.S.), The Siemon Company (U.S.). are some of the prominent players at the forefront of competition in the Global Structured Cabling Market and are profiled in MRFR Analysis.
Structured Cabling Market Global Market - Segmentation
The Structured Cabling market can be classified into 4 key segments for the convenience of the report and enhanced understanding;
Segmentation by Wire Category: Comprises category 5e, category 6, category 6A and category 7
Segmentation by Application: Comprises local area network (LAN) and wide area network (WAN).
Segmentation by Product Type: Comprises Copper Wire, Co-axial Wire and Fibre
Segmentation by End-User: Comprises IT & Telecommunication, Residential & Commercial, Government, Transportation, Industrial and Others.
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
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Regional Analysis
North America is dominating the global structured cabling market with the largest market share and therefore accounting for astronomical amounts and is expected to grow over its previous growth records by 2022. The intense research and development in the field of telecom industry technology related to network expansion, high penetration of Internet of Things, and growth of a number of IoT and cloud related technology in the region. The region also has existence of technologically advanced countries such as U.S. and Canada which are promoting the application related structured cabling market. Europe has been benefitted mainly due to the extensive initiatives taken by government. Whereas, Asia Pacific market is expected to witness the fastest growth due to increasing awareness among individual, and development of technology hubs in the region. Various, government initiatives such as development of smart cities and smart homes also supports the growth of structured cabling in the region.
