Ethernet Cable Market Expected to Reach $19,091.8 Million by 2025 | Fiber optic cable segment is expected to grow at a highest CAGR

The global ethernet cable market was valued at $6,566.1 million in 2017, and is projected to reach $19,091.8 million by 2025, growing at a CAGR of 14.1% from 2018 to 2025. Presently, Asia-Pacific dominates the Ethernet cable market. In 2017, China registered the highest growth in Asia-Pacific. Similarly, the UK led the overall Ethernet cable market in Europe in 2017. In the same year, the U.S. dominated the North American market.

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The key factors that drive the growth of the global Ethernet cable market include the benefits such as high speed, lower latency, and guaranteed bandwidth to every connected device along with reliability and higher security for data as compared with other networking technologies. However, high installation cost and limited availability act as the major restraints of the market. Conversely, technological advancements in the Ethernet cables sector to increase the internet speed and rise in demand for power over Ethernet (PoE) technology in industries are expected to provide potential growth opportunities for the market.

In 2017, based on type, the copper cable type was the dominant segment, in terms of revenue. However, by application, industries segment led the global market in the same year.

The copper cable segment dominated the global ethernet cable market, in terms of revenue. However, the fiber optic cable segment is expected to grow at a highest CAGR during the forecast period. Furthermore, based on application, industries led the global market in 2017, followed by enterprise.

Key Benefits:
•This study comprises analytical depiction of the global ethernet cable market size with current trends and future estimations to depict the imminent investment pockets.
•The overall Ethernet cable market potential is determined to understand the profitable trends to gain a stronger foothold.
•The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
•The current ethernet cable market size is quantitatively analyzed from 2018 to 2025 to benchmark the financial competency.
•Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the Ethernet cable market.
•The report includes the ethernet cable market share of key vendors and market trends.

The major companies profiled in the Ethernet cable market report include Belden Inc., Southwire Company LLC, Nexans, SAB Bröckskes GmbH & Co. KG, Siemon, Schneider Electric, Anixter Inc., Siemens AG, Hitachi, Ltd., Prysmian Group, and others.

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