The Structured Cabling Global Market Report 2023 by The Business Research Company, provides structured cabling market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Structured Cabling Global Market Report 2023, the market size will grow from $12.85 billion in 2022 to $13.89 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the structured cabling is expected to grow to $19.25 billion in 2027 at a CAGR of 8.5%.
The increasing demand for high-speed connectivity is likely to contribute to the growth of the structured cabling market. Structured cabling includes a set of cables and hardware that makes the telecommunication infrastructure and helps in transferring video, voice, and data signals from one point to another through a communication network in an enterprise. High-speed connectivity requires connected devices and cables for a smooth and high-speed network connection.
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The structured cabling market is segmented:
1) By Product Type: Fiber Optic Cables, Copper Cables
2) By Application: LAN, Data Center
3) By End Use Industry: IT & Telecommunication, Residential & Commercial, Government & Education, Transportation, Industrial, Other End User
The companies operating in the structured cabling market are continuously focusing on developing new products to empower enterprises digitally and to generate higher revenues for the company. Hence, the launch of innovative solutions is gaining immense popularity in the structured cabling market. For instance, in July 2021,Sterlite Technologies, a Sweden-based company operating in digital networks, introduced NetXs, structured cabling solutions to deliver high performance in data transmission. NetXs is capable of providing high reliability with superior noise immunity to offer high headroom at both low and high frequencies.
The structured cabling market report table of contents includes:
1. Executive Summary
2. Structured Cabling Market Characteristics
3. Structured Cabling Market Trends And Strategies
4. Structured Cabling Market – Macro Economic Scenario
5. Structured Cabling Market Size And Growth
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26. Africa Structured Cabling Market
27. Structured Cabling Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Structured Cabling Market
29. Structured Cabling Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- CommScope
- Nexans SA
- Legrand
- Corning Inc
- Belden Inc
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