Structured Cabling Market
The Structured Cabling Market is estimated to expand at a robust CAGR over the forecast period (2020-2027).
The factors driving the growth of Structured Cabling Market includes growing demand for high-speed connectivity devices, improvements in the broadband infrastructure, increasing number of internet users around the world and the expansion of IT & telecommunication industry. According to the report published by Statista, the active number of internet users in India were valued around 622 million in 2020 and are further predicted to reach 900 million by the end of 2025, which is expected to boost the Structured Cabling Market share in the approaching years. Moreover, the increasing penetration of data centers, technological advancements in structured cabling and growing investments by leading players on research and development, are some of the additional factors supplementing the market growth. In addition, the increasing Government expenditure on smart city projects, rising consumers inclination towards LED lightings, rapid urbanization and growing disposable incomes, are further propelling the market growth.
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However, the growth of Structured Cabling Market is hindered because structured cables are not suitable for small server rooms.
The leading players operating in the market are Furukawa Electric Co., Ltd., Nexans, Legrand, Panduit, Belden Inc., Corning Incorporated, CommScope Inc., Furukawa Electric Co., Ltd., Schneider Electric, and Siemon among others.
Solution Type: Segment Analysis
Based on Solution Type, the Product segment is estimated to expand at a significant CAGR during the forecast period because hardware are major components required to establish network in structured cabling programs.
Vertical: Segment Analysis
Based on Vertical, the IT & Telecommunications segment is predicted to grow at a remarkable CAGR over the forecast period. The growing demand of high-speed internet connectivity and upgradation of existing network infrastructure are some of the important factors responsible for the growth of the segment.
Regional: Segment Analysis
As per the Structured Cabling Market Trends, the North American region is projected to capture the largest market share during the forecast period. The increasing number of data centers, high internet penetration rates and growing adoption of advanced technologies such as Internet of Things (IoT) and Artificial Intelligence (AI) by the major corporations, are some of the factors augmenting the market growth in North America.
Market Segmentation
Global Structured Cabling Market by Solution Type
Product
Communication Outlets
Cables
Patch Cords & Cable Assemblies
Patch Panels & Cross Connects
Racks & Cabinets
Software
Service
Managed Services
Installation & Consultation
Maintenance & Support
Global Structured Cabling Market by Cable Type
Category 5E
Category 6
Category 6A
Others
Global Structured Cabling Market by Vertical
Residential & Commercial
IT & Telecommunications
Transportation
Government & Education
Industrial
Others
Global Structured Cabling Market by Region
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
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