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Ethernet Cable Market Expected to Reach $19,091.8 Million by 2025 | Key drivers, restraints, and opportunities with a detailed impact analysis.

06-04-2019 03:22 PM CET | Media & Telecommunications

Press release from: Allied Market Research

Ethernet Cable Market Expected to Reach $19,091.8 Million

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.

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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.

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 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.

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According to Akshay Jadhav & Divyanshi Tewari, Lead Analyst, Semiconductor & Electronics at Allied Market Research, In 2017, 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.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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