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Ethernet Cable Market by Global Demand, Supply, Production Analysis and Pricing Strategy 2021 to 2030
The Global Ethernet Cable Market size was valued at $8.86 billion in 2020, and is estimated to reach $29.28 billion by 2030, growing at CAGR of 16.35% from 2021 to 2030.Ethernet cables serve as a network link between one or more networking devices and computers. Ethernet cables are widely used in residential and commercial purposes, and are considered to be more secured compared to Wi-Fi technology, which is relatively easy to breach. Ethernet cables come with variety of types and sizes including coaxial cable, shielded twisted pair (STP) cable, fiber optic cable, unshielded twisted pair cable.
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Top Companies: Belden Inc., General Cable Technologies Corporation, Nexans, SAB Brockskes GmbH & Co. KG, Siemon, Schneider Electric, Anixter Inc., Siemens AG, Commscope, and Prysmian Group.
Market Dynamics and Trends:
Ethernet cables provide wide range of benefits to the user. These benefits include signal stability, network consistency, easy maintenance and better security as compared to wireless networks, which in turn is expected to propel the ethernet cables market growth. Also, the high-speed connectivity offered with easy installation and setup are the leading factors promoting the growth of ethernet cable market.
However, due to the portability issue, it takes additional time and cost during the expansion of ethernet networks, which is expected to hamper the market growth. On the other hand, rise in demand for power over ethernet cables is predicted to create new growth opportunities for the market players in the coming years.
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Market Segmentations and Scope of the Study:
The global ethernet cable market is segmented based on type, application, cable structure, and geography. By type, the market is segmented into copper cable and fiber-optic cable. The copper cable segment is further classified into network cable and PoE cable. Fiber-optic cable is sub divided into single-mode cables and multi-mode cables.
On the basis of cable structure, the ethernet cable market size is bifurcated into unshielded twisted pair and shielded twisted pair. The shielded pair cable is predicted to showcase sizeable growth, as they provide improved and effective performance and enhanced security. Region wise, the market is bifurcated across North America, Europe, Asia-Pacific, and RoW.
Geographical Analysis:
In terms of geography, North America holds major share of the market due to the expansion of IT firms and developed infrastructures, which demands high speed connectivity. However, Asia pacific is expected to grow rapidly with increasing market size due to the rise in population with increasing need to be interconnected. Also, the increasing internet penetration in this region will result in lucrative development of the ethernet cable market.
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Phone Number: +1-217-650-7991
E-mail: info@nextmsc.com
About Next Move Strategy Consulting:
Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.
We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.
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