Global Structured Cabling Market

Structured Cabling Market Size, Share, Growth Analysis, By Type(Copper Cables and Fiber Optic Cables), By Application(Data Center and LAN (Local Area Network)), By Region - Industry Forecast 2024-2031

Report ID: SQMIG20D2117 | Region: Global | Published Date: March, 2024
Pages: 202 | Tables: 59 | Figures: 75

Structured Cabling Market News

  • In February 2024, CommScope, a global leader in network connectivity, announced SYSTIMAX® 2.0 enhancements, the next generation of its SYSTIMAX building and data center connectivity portfolio which provides customers with the latest structured cabling solutions and support to meet the challenges of today and tomorrow.

  • In January 2024, Nexxt Solutions, Infrastructure Division, a manufacturer of infrastructure and structured cabling solutions, introduced its new Naxos and Vertex series of desktop switches. The manufacturer of infrastructure and structured cabling solutions presents a new series of switches.

  • In November 2023, Finolex Cables announced the introduction of LAN Passive Components to its existing business of LAN cables. The product range includes patch cords, information outlet, patch card and faceplates. These are especially useful in places like data centres, IT networks, conference rooms and branch office connections with high-density switches.

  • In April 2023, Corning announced the launch of its new Evolv structured cabling system, designed for high-speed data center applications.
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Structured Cabling Market size was valued at USD 10.50 billion in 2022 and is poised to grow from USD 11.63 billion in 2023 to USD 26.43 billion by 2031, growing at a CAGR of 10.8% in the forecast period (2024-2031).

The global structured cabling market is highly competitive, with numerous vendors offering a wide range of products and services. Some of the key players in the market include manufacturers of cables, connectors, and other hardware components, as well as companies providing installation, maintenance, and consulting services. In addition, there are many regional players operating in different geographies, providing local expertise and support. As the market continues to grow, competition is expected to increase, with vendors seeking to differentiate themselves through product innovation, quality, and customer service. 'Legrand (France)', 'Panduit (US)', 'CommScope (US)', 'Belden (US)', 'Nexans (France)', 'Siemon (US)', 'Corning Inc. (US)', 'Schneider Electric (France)', 'TE Connectivity Ltd. (Switzerland)', 'Furukawa Electric Co. Ltd. (Japan)', 'Leviton Manufacturing Co. Inc. (US)', 'ABB Ltd. (Switzerland)', 'R&M (Switzerland)', 'Eaton Corporation (Ireland)', 'Superior Essex (US)', 'Black Box Corporation (US)', 'CommScope Holding Company, Inc. (US)', 'Prysmian Group (Italy)', 'Daikin Industries, Ltd. (Japan)', 'Brand-Rex Ltd. (UK)'

One significant driver of the global structured cabling market is the increasing adoption of digital technologies across various industries. The rise of digital technologies has resulted in the exponential growth of data, which requires reliable and efficient infrastructure to be transmitted across networks. Structured cabling systems provide a reliable and efficient way to transmit data across networks, and as a result, they have become an essential part of communication networks in various industries.

The key trend in the global structured cabling market is the increasing adoption of fiber optic cabling, driven by the need for higher data speeds and greater bandwidth. Fiber optic cabling offers faster data transfer rates and better performance over longer distances than traditional copper cabling. In addition, the growing popularity of cloud-based services, video streaming, and other bandwidth-intensive applications is driving the demand for high-speed connectivity, further fueling the adoption of fiber optic cabling. As a result, vendors are increasingly focusing on developing and marketing fiber optic solutions to meet this growing demand.

North America dominated global structured cabling market due to the presence of major technology players and advanced technological infrastructure. The region has been at the forefront of implementing new and advanced technologies, and this has been a driving force behind the expansion of the industry. The US, in particular, is a major contributor to the growth of the market in North America, due to the high adoption of digital services and increasing demand for automated business processes. Additionally, the region's focus on cost and time management has significantly increased the demand for structured cabling systems.

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Global Structured Cabling Market

Report ID: SQMIG20D2117

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