The presence of largest industrial hub in the Asia-Pacific (APAC) region is expected to drive the demand for structured cabling. The growing demand for high bandwidth and need for effective cabling management are observed as the primary drivers for the structured cabling industry. The global structured cabling market size was valued at $7.4 billion in 2019, and it is projected to advance at a CAGR of 3.9% during the forecast period (2020–2030).
The COVID-19 pandemic across the world has impacted the global structured cabling market. The pandemic has impacted the supply chain of electronic components for original equipment manufacturers (OEMs), which, in turn, causes the shortage of raw material required for the manufacturing of structured cabling solutions. These factors have slowed down the growth of the market.
In the structured cabling market outlook, on the basis of product, the copper cable category generated the highest revenue in 2019. This is attributed to the availability of copper cables at comparatively lower price, and also additional cost incurred in setting up the infrastructure of fiber cable. Further, adoption of industrial automation is projected to drive the demand for copper cables for data transmission application, in coming years.
In the structured cabling market, within the wire category segment, the category 6 wire held largest share in 2019. Cat6 is the most popular choice among all the cables, which is primarily attributed to the backward compatibility of this cable with Cat3, Cat5, and Cat5e cable system while providing at least 150 MHz frequency. It provides a cost-effective solution for organizations with high speed of transmission.
In the structured cabling market, the data center category, under the application segment, is growing significantly with the increasing demand for effective cabling management. This is owing to the high demand for centralized database and computer resources. During setting up a data center, structured cabling standards also define how a connection should be fixed in a series of subsystems, including network connections that facilitate design, installation, operation, and maintenance of IT networks.
The industrial category under the end use segment is projected to grow fastest during the forecast period, owing to the surging demand for industrial automation application and increasing use of cloud services in the industrial sector. Further, the growing need for industrial automation has broadened the scope for internet of things (IoT). Thus, robust IT infrastructure is required for efficient industrial IoT solutions, which can be provided by structured cabling. Therefore, with growing demand for industrial automation, the industrial category is expected to bolster the structured cabling market growth during the forecast period.
The structured cabling industry in the APAC region is growing at a steady rate, owing to the surging demand for higher bandwidth primarily in China, Japan, and South Korea. Technological advancements such as 4G and 5G are further projected to accelerate the bandwidth demand in the region, which would increase the 5G deployment rate in APAC countries. This has ensured a consistent demand for structured cabling, which is predicted to play a vital role in the IT & telecom industry.
The increasing number of data centers and growing demand for high-speed internet networks have been spurring the growth of the structured cabling industry in the region. This can be attributed to the rising number of IT hubs in the region primarily in China, India, South Korea, and Japan. Further, with growing population and increasing data consumption in the region, the APAC structured cabling market is poised to witness fastest growth during the forecast period.
Increasing adoption of structured cabling is creating a huge positive impact on the growth of the structured cabling market. Structured cabling is costlier than conventional cabling; however, the former significantly reduces the overall operational cost, which includes costs incurred as a result of slow data transfer and other network failures. Structured cabling unifies the IT network for data, voice, and videos, which consequently reduces the requirement for updates and lowers the overall cost of maintenance. This attracts the business enterprises with large IT budget planning to slash down the extra expenses incurred with conventional cabling.
The increasing penetration of internet has spurred the demand for high bandwidth. Structured cabling allows high bandwidth, which is required for the smooth operations of different businesses. Business organizations are increasingly modifying their IT infrastructure, owing to the high usage of bandwidth-intensive applications, such as voice over IP (VoIP), IP-based videoconferencing, and digital audio and video. Thus, increasing demand for high bandwidth is propelling the growth of the structured cabling market.
| Report Attribute | Details |
|---|---|
| Historical Years | 2014-2019 |
| Forecast Years | 2020-2030 |
| Base Year (2019) Market Size | $7.4 billion |
| Forecast Period (2020-2030) CAGR | 3.9% |
| Report Coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, COVID-19 Impact, Company Share Analysis, Companies’ Strategical Developments, Product Benchmarking, Company Profiling |
| Market Size by Segments | Product, Wire Category, Application, End Use |
| Market Size of Geographies | U.S., Canada, Germany, France, Italy, U.K., Spain, Russia, Switzerland, Netherlands, Poland, Austria, Sweden, Japan, China, India, South Korea, Brazil |
| Secondary Sources and References (Partial List) | Alliance for Affordable Internet, Asian Development Bank (ADB), Asia-Pacific Economic Cooperation (APEC), Building Industry, Consulting Service International (BICSI), Cellular Operators, Association of India (COAI), Communication Cable and Connectivity Association CCCA), Copper Development Association, Electronic Industry Alliance (EIA), Fiber Broadband Association, Fiber Optic Association (FOA), Institute of Electrical and Electronics Engineers Inc. (IEEE), International Copper Association Note: Above listed references and organizations are partial; the detailed and complete list is available in the final report. |
Structured cabling makes cabling management easy as it can be administered and managed without the involvement of a large staff. Growing demand for hassle-free IT infrastructure drives the market for structured cabling. It saves cost as well as time of the business organizations, such as data centers and government agencies, and different industries. It is a more organized and standardized approach as compared to patch cords. The ease of management of systems is a key factor driving lucrative growth of the structured cabling market.
In recent years, players in the structured cabling industry have focused on mergers & acquisition, to remain competitive. For instance:
The structured cabling market report offers comprehensive market segmentation analysis along with market estimation for the period 2014–2030.
Based on Product
Based on Wire Category
Based on Application
Based on End Use
Geographical Analysis
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