Global Structured Cabling Market Size/Share Expected 5.3% CAGR, to Reach USD 19.80 Billion By 2032: Polaris Market Research

NEW YORK, March 27, 2023 /PRNewswire/ -- A latest research report [115+] pages with 360-Degree visibility, titled "Structured Cabling Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Software, Services); By Cable Type; By Product Type; By Application; By End-Use; By Regions; Segment Forecast, 2023 - 2032" published by Polaris Market Research in its research repository.

"According to research report, the global structured cabling market size/share was valued at USD 11.89 Billion in 2022 and is expected to reach USD 19.80 Billion by 2032, growing at a CAGR of 5.3% during the forecast period."

What is Structured Cabling? How Big is Structured Cabling Market Size & Share?

• Report Overview

Structured cabling refers to designing and installing a cabling system that can support multiple hardware uses and meet current and future requirements. A properly installed structured cabling system ensures that the hardware added in the future is supported and current and future demands can be met. Due to the increasing need for improved bandwidth, connectivity, and security, structured cabling market demand has grown significantly. High bandwidth is offered through copper cables, fiber cables, or a combination.

The growing demand for high-speed data transmission without compromising quality drives the market. Large and small businesses are generating increasing amounts of data, and consumers' adoption of mobile devices and mobile services further drives the demand for structured cabling solutions. Additionally, the adoption of new technologies, such as the Internet of Things (IoT) and Bring Your Own Devices (BYOD), is increasing the need for structured cabling to support these new devices and services.

Request Sample Copy of Structured Cabling Market Research Report @ https://www.polarismarketresearch.com/industry-analysis/structured-cabling-market/request-for-sample

(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, Table of Contents, Graphical introduction of regional analysis, Top players in the market with their revenue analysis and our research methodology.)

Our Sample Report May Includes:

• 2032 Updated Report Introduction, Overview, and In-depth industry analysis.
• 115+ Pages Research Report (Inclusion of Updated Research).
• Provide Chapter-wise guidance on Request.
• 2023 Updated Regional Analysis with Graphical Representation of Size, Share & Trends.
• Includes Updated List of table & figures.
• Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis.

Key Market Factors Covered in the Report

• The study covers industry drivers, restraints, and opportunities.
• Offers a neutral perspective on market performance.
• Highlights recent industry trends and developments.
• Provides insight into the competitive landscape and strategies of key players.
• Identifies potential and niche segments and regions with promising growth.

Some of the Top Market Players Are:

• TE Connectivity Ltd.
• CXtec Inc.
• Reichle & De-Massari AG
• DataSpan Inc.
• Paige Electric Co.
• Schneider Electric SE
• Belden Solutions
• Teknon Corporation
• PennWell Corporation
• Corning Inc.
• Broadcom Inc.
• Brand-Rex Ltd.
• Hitachi Cable America Inc.
• The Siemon Company

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Prominent drivers of the market

• Growing demand for high-speed data transmission and the adoption of new technologies drive the industry

Large and small businesses generating increasing data are driving the structured cabling market. The demand for high-speed data transmission without compromising quality has increased the need for structured cabling solutions. Adopting mobile devices and mobility services has also increased customer data requirements, further driving the market growth for structured cabling.

New technologies and enhanced hardware have resulted in lightweight, small, and efficient structured cabling solutions that offer enhanced performance. Adopting the Internet of Things (IoT) and Bring Your Own Devices (BYOD) drives the structured cabling market growth.

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Recent trends influencing the market

Advanced structured cabling solutions are introduced to adopt

• Market players are introducing advanced structured cabling solutions that offer better performance in demanding environments and ensure stable and uninterrupted data transmission.

Segmentation Assessment Outlook

• In 2022, the component segment was expected to have the highest market share

The structured cabling is divided into hardware, software, and services segments based on components. In 2022, the hardware segment had the largest structured cabling market share. Cables, patch cords, cable assemblies, communication outlets, connectors, and patch panels are among the products included in the hardware market segment of the structured cabling industry.

• The product type segment will have the highest CAGR during the forecast period

The fiber optic cables segment is expected to have the highest CAGR. Fiber optic cables are used in various industries such as communications, residential and commercial, government, utilities, aerospace, and private data networks. The fiber optic cables segment is anticipated to experience significant growth due to the increasing demand for high-speed internet services.

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Structured Cabling Market: Report Scope

• In 2022, the end-use segment accounted for a significant market share

The structured cabling market segmentation is done by end-use into BFSI, healthcare, manufacturing, IT and telecom, retail, transportation, and others. In 2022, the IT and telecom segment had the highest market share. Smartphones, mobile devices, and multimedia content have increased significantly. High-quality structured cabling ensures stability and reduces costs, interference, noise, and installation time.

Geographic Overview

• During the forecast period, the market is expected to be dominated by North America

Structured cabling market demand in the North America region dominated the global during the forecast years due to its established communication infrastructure, high adoption of advanced technologies, increasing adoption of cloud services, development of smart cities, and rising adoption of FTTH/FTTP.

Furthermore, the region's high structure cabling market share is also attributed to numerous mergers and acquisitions among leading vendors. In the APAC region, China and Japan, two developing nations, are leading due to increased broadcast activities as internet usage rises. This is expected to drive the regional market during the projection period.

Browse the Detail Report "Structured Cabling Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Software, Services); By Cable Type; By Product Type; By Application; By End-Use; By Regions; Segment Forecast, 2023 - 2032" with in-depth TOC:  https://www.polarismarketresearch.com/industry-analysis/structured-cabling-market          

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Recent Development

• Nexans SA launched Mobiway Un'Reel in Nov 2021 to simplify, enhance, and secure cable installation for low and medium voltage wires.

Polaris Market Research has segmented the Structured Cabling Market report based on component, cable type, product type, application, end-use, and region:

By Component Outlook

• Hardware
• Software
• Services

By Cable Type Outlook

• Category 5E
• Category 6
• Category 6A
• Category 7
• Others

By Product Type Outlook

• Copper Cables
• Fiber Optic Cables

By Application  Outlook

• LAN
• Data Center

By End-use Outlook

• BFSI
• Healthcare
• Manufacturing
• IT and Telecom
• Retail
• Transportation
• Industrial
• Others

By Region Outlook

• North America (U.S., Canada)
• Europe (Germany, UK, France, Italy, Spain, Netherlands, Austria)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Indonesia)
• Latin America (Brazil, Mexico, Argentina)
• MEA (Saudi Arabia, South Africa, Israel, UAE)

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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SOURCE Polaris Market Research