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According to the latest report released by Markets and Markets, the global structured cabling market size was about $10.
9 billion in 2020, and this data is expected to increase to $13.
5 billion by 2025, with a compound annual growth rate of 4.
3%
during the period.
According to the report, the market growth can be attributed to various factors such as growing demand for high-speed connectivity devices and systems, rising trend of data center convergence, and growing investments in communication infrastructure
.
The structured cabling market has been segmented into products, services, and software based on solution type, which are necessary to
establish and maintain an overall network infrastructure.
The product segment, which includes hardware for setting up networks in structured cabling systems, held the largest market share
in 2019.
Structured cabling products, such as cables, communication outlets, racks and cabinets, etc.
, have been widely used in residential and commercial, IT and telecommunications, and other verticals to build communications and IT network infrastructure
.
The Cat-6 cable type accounted for the largest share
of the structured cabling market in 2019.
This type of cable is defined in TIA/EIA-568-B and has significantly improved
performance compared to Category 5 and Category 5e.
Cat-6 cables can support speeds of up to 10 Gbps, but only 55 meters, which makes them relatively long Ethernet cables
.
In terms of market segment, North America accounted for the largest share
of the structured cabling market in 2019.
The growing demand for IP-based video surveillance systems and access control systems, expanding networks for intelligent transportation systems, and high penetration of smart homes are driving the growth of
structured cabling in the North American market.
Moreover, the presence of multiple major players in the North American region provides a broad structured cabling portfolio for various industries, which supports
the growth of the regional market.
Mitplscope (US), Nexans (France), Panduit (US), Legrand (France), Corning Corporation (US), Belden Corporation (US), Schneider Electric (France), Simon (US), Furukawa Electric (Japan), and R&M (Switzerland) are expected to become the world's leading structured cabling providers
during the forecast period.
According to the latest report released by Markets and Markets, the global structured cabling market size was about $10.
9 billion in 2020, and this data is expected to increase to $13.
5 billion by 2025, with a compound annual growth rate of 4.
3%
during the period.
According to the report, the market growth can be attributed to various factors such as growing demand for high-speed connectivity devices and systems, rising trend of data center convergence, and growing investments in communication infrastructure
.
The structured cabling market has been segmented into products, services, and software based on solution type, which are necessary to
establish and maintain an overall network infrastructure.
The product segment, which includes hardware for setting up networks in structured cabling systems, held the largest market share
in 2019.
Structured cabling products, such as cables, communication outlets, racks and cabinets, etc.
, have been widely used in residential and commercial, IT and telecommunications, and other verticals to build communications and IT network infrastructure
.
The Cat-6 cable type accounted for the largest share
of the structured cabling market in 2019.
This type of cable is defined in TIA/EIA-568-B and has significantly improved
performance compared to Category 5 and Category 5e.
Cat-6 cables can support speeds of up to 10 Gbps, but only 55 meters, which makes them relatively long Ethernet cables
.
In terms of market segment, North America accounted for the largest share
of the structured cabling market in 2019.
The growing demand for IP-based video surveillance systems and access control systems, expanding networks for intelligent transportation systems, and high penetration of smart homes are driving the growth of
structured cabling in the North American market.
Moreover, the presence of multiple major players in the North American region provides a broad structured cabling portfolio for various industries, which supports
the growth of the regional market.
Mitplscope (US), Nexans (France), Panduit (US), Legrand (France), Corning Corporation (US), Belden Corporation (US), Schneider Electric (France), Simon (US), Furukawa Electric (Japan), and R&M (Switzerland) are expected to become the world's leading structured cabling providers
during the forecast period.
