Structured Cabling Market Opportunity Analysis and Forecast worth $15.0 billion by 2027
Attractive Opportunity: Supercharge your Visualizations
The growth of the structured cabling market can also be attributed to the spurring communication infrastructure and rising emergency of smart cities. Also, The surging adoption of IoT, and spurring communication infrastructure are the key factors driving market growth.
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Key Findings of the Global Structured Cabling Market:
1. Panduit Corp. launched RapidID Network Mapping System, an offering designed to reduce the time and cost of patch cord documentation by up to 50%. It is a software-enabled network mapping system for smart, scalable, and efficient connectivity solutions.
2. Nexans unveiled its Mobiway Un’Reel solution, which makes cable installation simpler, smarter, more cost-effective, and secure across a range of different low and medium-voltage cables.
3. R&M aimed to expand its production capacities at the cable plant in Dìèín, Czech Republic. R&M will invest several million Swiss francs in new fiber optic cable production facilities by the end of 2022.
What are the Driving Factors of Evolution of technologies and consolidation of Structured Cabling Market?
The global structured cabling market size is estimated to be USD 11.7 billion in 2022 and is projected to reach 15.0 billion by 2025, at a CAGR of 5.1% during the forecast period.
The software segment is projected to grow at the highest CAGR during the forecast period market growth
The software segment is expected to exhibit the highest growth due to advancements in technologies. Additionally, the growth is due to the increasing complexity of the network infrastructures. Thus, companies prefer software solutions to design a virtual network infrastructure and check for proper voice and data flow in that network connection.
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Structured Cabling Market by Top Companies Profiles:Category 6A cable type expected to hold largest share of structured cabling market in 2022
In 2022, the Category 6 cable type is expected to hold the largest share in the structured cabling market. This cable is defined in TIA/EIA-568-B and provides significant improvements in performance over category 5 and category 5e. Category 6 cables can support speeds of up to 10 Gbps, provide bandwidth up to 250 MHz but can only do so for up to 55 meters, which makes them relatively long Ethernet cables.
CommScope Holding Company, Inc. (US), Corning Incorporated (US), Legrand (France), Nexans (France), Panduit Corp. (US), Belden Inc. (US), R&M (Switzerland), Furukawa Electric Co., Ltd. (Japan), Schneider Electric (France), The Siemon Company (US) are some of the key players in the structured cabling market.
Regional Insight by MarketsandmarketsTM Research:Asia Pacific to register higher CAGR during the forecast period
APAC is expected to register the highest growth in the structured cabling market during the forecast period. China, South Korea, Japan, and the Rest of APAC are covered under the structured cabling market analysis of APAC. The increasing number of new data centers and the growing investments in telecommunication network infrastructure have been contributing to the growth of the structured cabling market in this region.
Regions & Countries Covered:
North America – (U.S., Canada, Mexico)
Europe – (U.K., France, Germany, Italy, Spain, Rest of Europe)
Asia Pacific – (China, Japan, India, South Korea,
South East Asia, Rest Of Asia Pacific)
Latin America – (Brazil, Argentina, Rest Of Latin America)
The Middle East & Africa – (GCC Countries, South Africa, Rest Of the Middle East & Africa)
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