Structured Cabling Market Revenue, Major Players, Consumer Trends, Analysis & Forecast Till 2028
The global structured cabling market size is expected to reach USD 15.09 Billion in 2028 at a steady CAGR, according to latest analysis by Emergen Research. Growth of the global structured cabling market is driven significantly by rapid advancements in IT and telecommunication sectors, continuous investment in network and communication infrastructure development and upgradation, increasing government initiatives promoting digitization, and rising adoption of high-speed network connectivity systems and devices. Structured cabling solution includes installing and designing an organized cabling system that offers flexibility to adapt to changes, moves, and additions, and reduces system installation time, as well as supports the entire wiring infrastructure of an organization through a single system. This infrastructure comprises different standardized smaller components called subsystems, such as optical and twisted-pair cabling, patch cables, and patch panels.
The latest market intelligence report underscores the impact of the COVID-19 pandemic on the global Structured Cabling market, offering deep insights into the pandemic’s adverse effects on the global economy and, consequently, this particular business sector. The report carefully gauges the key market-influencing factors and considers the COVID-19 pandemic as one of the contributing elements for this industry’s potential downturn. Following the pandemic, drastic changes have been observed in the market dynamics and demand trends, which have caused financial difficulties for the businesses operating in this sector. Additionally, the report assesses the COVID-19 impact on the overall growth of the Structured Cabling market, besides preparing a future impact assessment to help readers make informed business decisions.
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The leading players profiled in the report include:
Teknon Corp, CommScope, Nexans S.A., Panduit Corp., Legrand, Corning Inc., Belden, Inc., Schneider Electric, Siemen, and Furukawa Electric Co., Ltd.
Some Key Highlights from the Report
In June 2020, Siemen announced its expansion of cost-effective open rack and cable management solutions with the introduction of new Value Vertical Cable Manager (VVCM) system.
Product segment revenue is expected to register a steady revenue CAGR throughout the forecast period. This can be attributed to rapid adoption of structured cabling in various industries such as IT and telecommunication, governmental organization, and others
Asia Pacific is expected to register the fastest CAGR throughout the forecast period, which can be attributed to rapid development in network infrastructure and various government initiatives for promoting digitization in countries in the region.
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Structured Cabling Market Segmentation:
Emergen Research has segmented the global structured cabling market based on solution, cable type, end-use, and regions as follows:
Solution Outlook (Revenue: USD Billion; 2018–2028)
Service
Installation & Consultation
Maintenance & Support
Managed Services
Product
Cables
Patch Panels & Cross Connects
Patch Cords & Cable Assemblies
Communication Outlets
Racks & Cabinets
Software
Cable Type Outlook (Revenue: USD Billion; 2018–2028)
Category 6
Category 5E
Category 6A
Others
End-use Outlook (Revenue: USD Billion; 2018–2028)
IT & Telecommunication
Residential & Commercial
Government & Education
Transportation
Industrial
Others
Key Coverage of the Report:
Detailed scrutiny of the latest market trends, including drivers, opportunities, threats, constraints, challenges, and future investment prospects
Market segmentation by deployment type, authentication type, component, organization size, industry vertical
Regional and country-wise market size estimation for the forecast period (2021-2028)
Pricing strategies of the regional market players
Demand & supply gap analysis
Key Regions Studied in the Report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
In conclusion, the report provides a qualitative and quantitative analysis of the Global Structured Cabling market including the global and regional analysis of the market. The study covers critical information and factual data about the Structured Cabling market industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the Structured Cabling market is expected to fare in the forecast timeline. The report utilizes advanced analytical tools to offer an estimation of the outlook of the global state of the Structured Cabling market industry.
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