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Structured Cabling Market Analysis, Top Drivers, Key Players, Segmentation And Forecast To 2033

06-19-2024 10:26 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Structured Cabling Market

Structured Cabling Market

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Structured Cabling Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $19.98 billion In 2028 At A CAGR Of 8.6% :

The structured cabling market size has grown strongly in recent years. It will grow from $13.38 billion in 2023 to $14.36 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to growth in data center deployments, increasing internet penetration, office network upgrades, focus on energy efficiency, .

The structured cabling market size is expected to see strong growth in the next few years. It will grow to $19.98 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to advanced cable management systems, cybersecurity concerns and cable security, flexible and modular cabling solutions, enhanced physical layer security, global connectivity for remote collaboration.. Major trends in the forecast period include growing demand for higher bandwidth, deployment of fiber optic cabling, rise of multi-gigabit ethernet, increased focus on intelligent buildings, edge data center deployments, global standardization and compliance, sustainable cabling practices..

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Structured Cabling Market Major Segments
The structured cabling market covered in this report is segmented -

1) By Product Type: Fiber Optic Cables, Copper Cables
2) By Application: LAN, Data Center
3) By End Use Industry: IT & Telecommunication, Residential & Commercial, Government & Education, Transportation, Industrial, Other End Users

Key Driver - Elevated Demand For High-Speed Connectivity Driving Growth In The Structured Cabling Market

The increasing demand for high-speed connectivity is likely to contribute to the growth of the structured cabling market. Structured cabling includes a set of cables and hardware that makes the telecommunication infrastructure and helps in transferring video, voice, and data signals from one point to another through a communication network in an enterprise. High-speed connectivity requires connected devices and cables for a smooth and high-speed network connection. For instance, the global over-the-top (OTT) players, where data transfer need is in the range of 100TB/sec, require around 3000+ fiber strand optical fiber cables minimum for one data center to meet the viewing demand of customers. According to the Cisco VNI Global IP traffic forecast 2017-2022, the data demand is growing rapidly at a CAGR of 26%. The growing demand for data increases the need for more fibers thus increasing the need for managing the fiber cables. Thus, the increasing demand for high-speed connectivity is projected to fuel the demand for the structured cabling market growth.

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Prominent Trend - Innovative Solutions And Product Launches Driving Growth In The Structured Cabling Market

The companies operating in the structured cabling market are continuously focusing on developing new products to empower enterprises digitally and to generate higher revenues for the company. Hence, the launch of innovative solutions is gaining immense popularity in the structured cabling market. For instance, in July 2021, Sterlite Technologies, a Sweden-based company operating in digital networks, introduced NetXs, structured cabling solutions to deliver high performance in data transmission. NetXs is capable of providing high reliability with superior noise immunity to offer high headroom at both low and high frequencies.

Structured Cabling Market Players
Major companies operating in the structured cabling market report are CommScope, Nexans SA, Legrand Group, Corning Inc., Belden Inc., Schneider Electric SE, Siemon, Panduit Corporation, Furukawa Electric, ABB Group, TE Connectivity, Superior Essex, Reichle & De-Massari AG, Hitachi Cable Ltd., Teknon Corporation, Brand-Rex, Paige Electric, Datwyler Cabling Solutions AG, Connectix Ltd., Electra Link Inc., VIA Technology, Network Cabling Services, Desert Communications, Xin Networks PTE Ltd., Synergy Solution, America Fujikura Ltd., Intelligent Business Technologies, Black Box Network Services, Vega Global, Broadcom Inc., Sterlite Technologies, ommScope Holding Company Inc., Corning Incorporated, Panduit Corp., Furukawa Electric Co. Ltd., The Siemon Company, ABB Ltd., Anixter International Inc., Cisco Systems Inc., Datwyler Holding Inc.

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/structured-cabling-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the structured cabling market in 2023. Asia-Pacific is expected to be the fastest-growing region during the forecast period. The regions covered in the structured cabling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Structured Cabling Market Report Structure
3. Structured Cabling Market Trends And Strategies
4. Structured Cabling Market - Macro Economic Scenario
5. Structured Cabling Market Size And Growth
…..
27. Structured Cabling Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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