Structured Cabling Market Projected Growth Rate Through 2023-2032

Structured cabling is a complete set of cabling infrastructure and associated hardware, that facilitates fast, smooth and error free transmission of data, voice and video signals from one point to other or from one server to other. Globally, the structured cabling market is expected to experience a steady growth during the forecast period of 2015 to 2021. For the purpose of our research, the structured cabling market is segmented on the basis of solution type, application and geography. By solution type the structured cabling market has been segmented into hardware, software and service.

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Based on product type, the structured cabling market is categorized into copper cable, fiber cable, copper components, and fiber components. Copper cables that are commonly used in structured cabling include unshielded twisted pair (UTP), shielded twisted pair (STP), and foil screened twisted pair (FTP). Together, copper cable and components held a larger revenue share in the structured cabling market in 2017, accounting for more than 60%. However, during the forecast period, the market for fiber cable and components will witness higher CAGR. Growing demand for increased bandwidth, low attenuation, high security, and reliable networks is expected to drive the demand for fiber cable and components in the coming years.

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The global structured cabling market size was valued at USD 7.2 billion in 2015 and is estimated to expand at a CAGR of 7.10% over the forecast period 2015-2021. Structured cabling systems comprise a set of cables and hardware that make up the telecommunication infrastructure of management systems in enterprises. Telecommunication infrastructure helps transfer voice, video, and data signals from one point to another through a communication network. Different types of connecting devices and cables are required for a smooth network connection.

 Some of the major players operating in global structured cabling market are, Legrand SA, CommScope Holding Company, Inc., Schneider Electric SE, Corning Inc.andBeldenInc.among others.

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According to a project manager of a structured cabling company in Ottawa, Firewall Technical, investing in a structured cabling is worthwhile for businesses that require an IT infrastructure that offers the following aspects:ScalabilityOrganizations that are rapidly expanding or have ever-changing data or communications requirements may benefit from structured cabling.

For example, you can add new computers or network hardware into the structured network cabling without affecting the operations of the IT network.High bandwidth requirementsStructured cabling has a high bandwidth capacity which is capable of meeting your current and future data requirements.

This is particularly beneficial for businesses and organizations that are looking forward to future growth and increased data requirements.SimplicityInstead of investing in or operating different IT equipment and devices at the same time, you can simplify and organize your network through structured cabling.

Structured cabling should also help error identification and problem resolution much easier.Reduced DowntimeIf the existing IT network frequently suffers downtimes, then it’s probably time to consider structured data cabling.

Typically, having multiple unorganized cabling structures is vulnerable to troubles and errors (arising from operator mishandling.)

Network downtime definitely means workflow disruptions and a possible reduced productivity.As mentioned above, rectifying faults and troubleshooting errors is much easier with a well-planned cabling system.

Global Structured Cabling market was valued US$ 8.29 Bn in 2019 and is expected to reach US$ 16.167 Bn by 2026, at a CAGR of 7.7% during a forecast period.The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters.

Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments.

The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.Structured Cabling is a system defined as the combination of set of cables & associated hardware used to provide comprehensive telecommunication infrastructure to various management systems, this telecommunication infrastructure enables the transmission of data, voice & video signal through a communication network from one system to another system.

For the establishment of well-organized network connection, different types of connecting devices & cables for the connections, software’s & services for installation, maintenance monitoring & designing are required.Based on solution, copper cable segment dominated the market in 2016 and trend to estimate to continue over the forecast period.

Copper cables are usually use for short and medium distance transmission purposes.

Due to technological advancements, copper cables are expected to gain preference among desktop connections and data centers and are anticipated to provide lucrative opportunities for the copper cable segment.Based on end-user, IT & telecommunications segment is expected to have highest market share of global structured cabling market.

Global Structured Cabling Market, By Wire Category (Category 5e, Category 6, Category 7), By Application (LAN & WAN), By Product Type (Copper, Co-Axil), Product Type (BFSI, Automotive) - Forecast 2023OverviewGrowing demand of Ethernet networks is also one of the major factor for the growth of structured cabling market.

Asia-Pacific is expected to be the most significant region in terms of investment in structured cabling market, due to its large market size and high growth rate as compared to North America.The factors such as increasing adoption of cloud service across the globe acts as a major restraining factor for the growth of the structured cabling market.

The Platinum-winning OptiCam 2 tool was launched earlier this year by Panduit, a leading global provider of network infrastructure solutions.

The simple-to-use tool helps fiber installers by making fiber terminations fast, easy, and foolproof.

A companion mobile app captures and delivers robust project data.September 26, 2017- Corning Incorporated announced that three of its innovative optical communications products received gold-level awards at the annual Cabling Installation & Maintenance Innovators Awards program.

Corning’s EDGE solutions, ALTOS cable with binderless, fastaccess technology, and altos cable with fast access technology, were recognized by a judging panel consisting of cabling and communications system specifiers, designers, integrators, and managers with vast professional experience.Competitive AnalysisThe market of Structured Cabling market appears to be highly competitive.

As per the Market Research Future (MRFR) analysis, the Structured Cabling Market Trends is expected to achieve a valuation of USD 17,181.2 million, with 10.0% CAGR from 2016 to 2022 (forecast period).

The report offers a review of current developments in the global structured cabling market.

Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/2266  Competitive Outlook:  The key participants identified by MRFR in the global structured cabling market are –CommScope Inc. (U.S.), Schneider Electric SE (France), Hitachi Cable America, Inc. (U.K.), Legrand SA (France), TE Connectivity (Switzerland), Nexans S.A. (France), Corning, Inc. (U.S.), Belden Incorporated (U.S), Teknon Corporation (U.S.), Panduit (U.S), Siemon (U.S), Superior Essex (Georgia), ABB Ltd. (Switzerland), Paige Electric (U.S), and Brand-rex (Scotland) among others.

Category 6 is leading the market and has generated USD 5,137.17 million in 2016 and is predicted to grow with 10.77% CAGR.Based on application, the global structured cabling market has been segmented into specialty LAN and WAN.

WAN holds the largest market share and is estimated to grow at 11.13% CAGR during the forecast period.Based on product type, the global structured cabling market has been segmented into copper, co-axil, and fiber.

Regional Analysis:The regional analysis of the global structured cabling market is being studied for regions such as Asia Pacific, North America, Europe, and the Rest of the World.North America is one of the leading regions in terms of market share in the structured cabling industry due to the high penetration of the Internet of Things and the development of a range of IoT and cloud-related technologies in the region.

The foundation cabling system just takes care of the significant network web traffic of an organization.

The foundation is supposed to supply interconnections in between equipment rooms, telecommunications storage rooms in addition to entryway centers.

It is typically composed of backbone cables, mechanical discontinuations, intermediate in addition to major cross-connects, jumpers, or spot cables that are generally used throughout cross-connection between foundations.

The interbuilding wires are used to move traffic between different structures while intrabuilding cables are utilized to transfer web traffic in between wardrobes that lie in the exact same structure.

The first-degree foundation cable televisions are those discovered between the main cross-connect and a horizontal cross-connect or an intermediate cross-connect.

There are cable paths that are composed of avenues, shafts, floor infiltrations as well as raceways.