Structured Cabling market size is set to grow at a CAGR of 9% during the forecast period 2020-2025 and projected to reach $20.15 billion by 2025. The increase in demand for high-speed connectivity devices & systems due to the acceptance of data center convergence is boosting the growth of the structured cabling infrastructure.
Additionally, the enlargement in telecommunications infrastructure is set to drive the structured cabling application growth, as the campus cabling infrastructure plays a prominent role in the same. Moreover, the developments within thermoelectric modules are contributing to the expansion of the global structured cabling market size.
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Key Takeaways
•North America held a larger share in the structured cabling market owing to the increasing demand for network interface devices in the U.S., which in turn, raising the necessity of structured cabling.
•The growing acceptance of cabling infrastructure in residential and commercial applications is likely to aid in the market growth of the structured cabling.
•An increase in the adoption of copper cables will increase the market demand for the structured cabling market in the near future. On the other hand, the growing popularity of fiber optics cable is creating a significant number of opportunities for the structured cabling market during the forecast period.
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Vertical - Segment Analysis
Presently, the residential & commercial held the largest share in the structured cabling market size in 2018. Structured cabling is playing a vital role in the communication system today. And these cabling products are a part of the physical infrastructure that assist the organizations to implement efficient business operations and also to extend the communication network. The structured cabling products aid the transmission of voice & data smoothly to connect the end-users, especially in the residential sector. Devices such as cables, patch panels, patch cords, communication outlets, cable assemblies, and racks & cabinets.
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