Structured Cabling Market Size, Share, Growth, Trends, Applications, and Industry Strategies

With the surging penetration of the internet, the demand for high bandwidth is growing rapidly, which is, in turn, pushing up the requirement for structured cabling. This is because structured cabling enables high bandwidth, which is needed for smooth business operations. Moreover, many businesses around the world are increasingly modifying and upgrading their information technology (IT) infrastructure, due to the extensive usage of several bandwidth-intensive applications such as IP-based videoconferencing, digital audio and video, and voice over IP.

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Another major factor propelling the requirement for structured cabling is the surging demand for effective cabling management in the telecom industry. This is because structured cabling eliminates the requirement for a large staff for administering and managing cable, thereby making the entire process easy. Additionally, the rising requirement for a better IT infrastructure is also pushing up the demand for structured cabling, as its deployment reduces the expenditure and time of different industries, government agencies, and data centers.

This is because this cabling method is more organized than the patch cords. Due to these factors, the global structured cabling market is expected to exhibit huge expansion in the upcoming years. This will consequently cause a sharp surge in the market value, that is, from $7.4 billion in 2019 to $9.6 billion by 2030. Furthermore, the market is expected to demonstrate a CAGR of 3.9% from 2020 to 2030.

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When product is taken into consideration, the market is classified into copper components, fiber components, fiber cable, and copper cable categories. Out of these, the copper cable category dominated the structured cabling market in 2019, due to the lower prices of copper cables than the fiber ones. Furthermore, the surging demand for copper cables in the developing countries is predicted to fuel the growth of the category in the coming years.

The market is also divided, based on wire category, into category 7, category 6A, category 6, and category 5e categories. Out of these, the category 6 contributed the highest revenue to the market in 2019. These wires are highly compatible with the systems utilizing cat5 cables and provide higher data transfer speeds and lower crosstalk than the other wires. Furthermore, these wires reduce interference and signal noise and also provide better shielding.

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