The global structured cabling market size is expected to reach USD 15.09 Billion in 2028 at a steady CAGR, according to latest analysis by Emergen Research. Growth of the global structured cabling market is driven significantly by rapid advancements in IT and telecommunication sectors, continuous investment in network and communication infrastructure development and upgradation, increasing government initiatives promoting digitization, and rising adoption of high-speed network connectivity systems and devices.
Structured cabling solution includes installing and designing an organized cabling system that offers flexibility to adapt to changes, moves, and additions, and reduces system installation time, as well as supports the entire wiring infrastructure of an organization through a single system. This infrastructure comprises different standardized smaller components called subsystems, such as optical and twisted-pair cabling, patch cables, and patch panels.
Structured cabling offers a high level of flexibility and high bandwidth that accommodates any development and deployment of new applications without interrupting function of the existing system. Enterprises and businesses use different kinds of telecommunication applications and devices at the same time. Using a single system removes the complexity of having multiple wiring infrastructures in the same place. In case of any problem, it will be easier to find and rectify the problem with structured cabling infrastructure quicker and at a relatively low cost.
With all the data gathered and analyzed using SWOT analysis, there was a clearer picture of the competitive landscape of the global Structured Cabling market. Sources for the future market growth were uncovered and outlying competitive threats also surfaced. There was strategic direction eminent in the market and this shows in the key trends and developments studied. By getting market background and using current norms, policies, and trends of other leading markets for cross-references, market data was completed.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Teknon Corp, CommScope, Nexans S.A., Panduit Corp., Legrand, Corning Inc., Belden, Inc., Schneider Electric, Siemon, and Furukawa Electric Co., Ltd
Some Key Findings in the Report:
- In June 2020, Siemen announced its expansion of cost-effective open rack and cable management solutions with the introduction of new Value Vertical Cable Manager (VVCM) system.
- Product segment revenue is expected to register a steady revenue CAGR throughout the forecast period. This can be attributed to rapid adoption of structured cabling in various industries such as IT and telecommunication, governmental organization, and others
- Asia Pacific is expected to register the fastest CAGR throughout the forecast period, which can be attributed to rapid development in network infrastructure and various government initiatives for promoting digitization in countries in the region.
Research Report on the Structured Cabling Market Addresses the Following Key Questions:
- Who are the dominant players of the Structured Cabling market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Structured Cabling market?
- What are the key growth drivers and restraining factors of the Structured Cabling market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Structured Cabling market and its key segments?
Emergen Research has segmented the global Structured Cabling market on the basis of type, type of care, and region
Segments Covered in this report are:
Solution Outlook (Revenue: USD Billion; 2018–2028)
- Installation & Consultation
- Maintenance & Support
- Managed Services
- Patch Panels & Cross Connects
- Patch Cords & Cable Assemblies
- Communication Outlets
- Racks & Cabinets
Cable Type Outlook (Revenue: USD Billion; 2018–2028)
- Category 6
- Category 5E
- Category 6A
End-user Outlook (Revenue: USD Billion; 2018–2028)
- IT & Telecommunication
- Residential & Commercial
- Government & Education
In conclusion, the Structured Cabling Market report is an exhaustive database that will help readers formulate lucrative strategies. The Structured Cabling Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Structured Cabling market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Structured Cabling with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.