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According to the report of Technavio, an international market research institution, the global coaxial cable market size will grow by $2.
47 billion from 2021 to 2025, with a compound annual growth rate of 4.
24%
during the period.
The report pointed out that the COVID-19 epidemic has had a certain negative impact on the growth of the market, on the other hand, the decline of cable TV subscriber base in some countries has also posed certain challenges
to the development of this market.
Overall, from the perspective of industry, the coaxial cable market share of the telecom sector has grown significantly
.
The adoption of broadband internet access cables is a key driver
for the growth of the coaxial cable market.
China, Japan and South Korea are the main markets
for coaxial cables in the Asia-Pacific region.
44% of the market growth will come from Asia Pacific
during the forecast period.
The Asia-Pacific region has been experiencing high growth rates and is expected to provide multiple growth opportunities
for vendors in the market during the forecast period.
The digitization of television networks in developing countries will boost the growth
of the coaxial cable market in Asia Pacific during the forecast period.
According to the report of Technavio, an international market research institution, the global coaxial cable market size will grow by $2.
47 billion from 2021 to 2025, with a compound annual growth rate of 4.
24%
during the period.
The report pointed out that the COVID-19 epidemic has had a certain negative impact on the growth of the market, on the other hand, the decline of cable TV subscriber base in some countries has also posed certain challenges
to the development of this market.
Overall, from the perspective of industry, the coaxial cable market share of the telecom sector has grown significantly
.
The adoption of broadband internet access cables is a key driver
for the growth of the coaxial cable market.
China, Japan and South Korea are the main markets
for coaxial cables in the Asia-Pacific region.
44% of the market growth will come from Asia Pacific
during the forecast period.
The Asia-Pacific region has been experiencing high growth rates and is expected to provide multiple growth opportunities
for vendors in the market during the forecast period.
The digitization of television networks in developing countries will boost the growth
of the coaxial cable market in Asia Pacific during the forecast period.
