Structured Cabling Market by Component (Products and Services), End Use Industry (IT & Telecom, BFSI, Government, Healthcare, Energy, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

The structured cabling market is set for a rapid growth over the forecast period. In terms of revenue, the global structured cabling market accounted for USD 8.90 Billion in 2019 and is expected to reach USD 14.64 Billion by 2026, growing at a CAGR of 7.8%.

10-Nov-2020 | Number of pages: 110 | Report Code: ZMR-4146 | Report Format : | Status : Published

Abstract

The structured cabling market is set for a rapid growth over the forecast period. In terms of revenue, the global structured cabling market accounted for USD 8.90 Billion in 2019 and is expected to reach USD 14.64 Billion by 2026, growing at a CAGR of 7.8%.

Global Structured Cabling Market: Overview

Structured cabling is defined as a cabling infrastructure that comprises of a number of standardized elements (structured). Structured cabling is a standardized architecture designed for cabling specified by the Telecommunications Industries Association (TIA) and used as a regulation by manufacturers that ensure interoperability.

Global Structured Cabling Market: Growth Factors

Increasing number of data centers is anticipated to fuel the growth of the global structured cabling market over the forecast period. The demand for structured cabling in data centers is increasing owing to the increase amount of data generated and used by companies from various sectors. Companies such as Facebook and Google require huge amount of data to be stored owing to which the necessity to have a highly organized data center is essential.

Increasing adoption of high speed internet such as 5G coupled with the growing demand for cloud computing is anticipated to augment the demand for structured cabling over the forecast period. According to the GSM Association (GSMA), 5G networks are likely to cover one third of the global population. Owing to this, the amount of data generated and managed by companies in the telecom sector will increase. Moreover, the outbreak of COVID-19 pandemic has led to adoption of telehealth services. This in turn has led an increase in the demand for structured cabling in the healthcare sector.

Global Structured Cabling Market: Segmentation

The global structured cabling market is bifurcated on the basis of component, and end use industry. Based on the component, the market is further bifurcated into products and services. On the basis of product, the structured cabling market comprises of cables, patch panels, and others. Based on services, the market is further split into installation & consultation, and others. The end use industry segment is classified into IT & telecom, BFSI, government, healthcare, energy, and others.

Global Structured Cabling Market: Regional Analysis

Based on regions, the global structured cabling market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The North America region held the largest share in 2019 and is expected to continue its dominance over the forecast period. The U.S. is expected to be the major contributor in terms of revenue in this region. This is attributable to the presence of major companies such as Broadcom, Corning Inc., and Molex, LLC, among others.

The Asia Pacific region is projected to grow at a notable rate over the forecast period. This is attributable to the increasing adoption of digitalization in developing economies such as China and India. Digitalization has paved the way for adoption of data centers in these countries. Additionally, growing number of smartphone users has led to an increase of data owing to which, organizations from various sectors are opting for structured cabling products and services to ensure certain level of standardization.

Global Structured Cabling Market: Competitive Players

Some of key players in structured cabling market are Legrand Holding SA, Schneider Electric SE, Corning Inc., ABB Group, TE Connectivity, Nexans, Broadcom, Belkin International, Inc., Molex, LLC, and Panduit, among others. 

Global Structured Cabling Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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