Ethernet Cable Market Competitive Landscape, Key Players, Business Opportunities and Forecast 2021-2030

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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Competitive Landscape :

The global ethernet cable market report provides the analysis of major market players such as Belden Inc., General Cable Technologies Corporation, Nexans, SAB Brockskes GmbH & Co. KG, Siemon, Schneider Electric, Anixter Inc., Siemens AG, Commscope, and Prysmian Group. Moreover, the strategies adopted by the major players such as product launches and business partnerships will help strengthen their business and reach the heights in global ethernet cable market.

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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