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Structured Cabling Market to Reach $10.68 Billion by 2023, Growing at 5.5% CAGR

Published Date:   June 2018

The global structured cabling market is expected to reach $10,681.1 million by 2023, registering a CAGR of 5.5% during the forecast period. The market is primarily driven by factors such as increasing demand for bandwidth, need for a simpler cable management system, and the emergence of internet of things (IoT).

Insights into market segments

Based on product, the structured cabling market is categorized into copper cable, fiber cable, copper components, and fiber components. Among these, copper cables contributed the highest revenue, amounting to around 45% share, to the market in 2017. This can be attributed to the comparatively low cost of copper cables, as compared to that of fiber cables, which encourage the adoption of copper cables across the world.

During 2018–2023, the structured cabling market is expected to register the fastest growth in demand for fiber cable and components. This growth can mainly be attributed to the increasing demand for high bandwidth, low signal attenuation, and high network security.

On the basis of wire category, the structured cabling market is categorized into category 5e, category 6, category 6A, and category 7. Of these, category 6 wires accounted for the largest share in the market in 2017, mainly attributable to the increasing deployment of category 6 wires in systems with category 5 cables for reduced cross-talk and higher data transfer speed. During the forecast period, the market is expected to witness the fastest growth in demand for category 6A wires, owing to the increased demand for multi-gigabit ethernet, voice over Internet Protocol (VoIP) telephony, and video conferencing solutions.

Increasing demand for higher bandwidth driving the market growth

Growing demand for higher bandwidth is a key driver propelling the structure cabling market, globally. The increasing penetration of the internet has spurred the demand for higher bandwidth. Structured cabling facilitates faster data transmission through higher bandwidth, which is required for the smooth operation of businesses. Business organizations are, thus, modifying their IT infrastructure, owing to the increasing usage of bandwidth-intensive applications, such as VoIP, IP-based videoconferencing, and digital audio and video streaming. Being the foundation of efficient IT infrastructure, structured cabling is gaining traction in the telecommunication, government, industrial, and commercial sectors.

Data center convergence to propel the demand for structured cabling

With the evolution of devices that facilitate voice and data services, telecommunication and IT industries have started moving closer to each other. Their convergence is expected to drive standardization in technologies that support voice and data services. Moreover, with data convergence, there would be a need for centers with increased capacity for data optimization, which would demand effective management of ports and wires. This is further expected to offer growth opportunity to the players in the structured cabling market, as with the increase in demand for telecom services, the need for structured cabling would be more prominent in the coming years.

Browse report overview with detailed TOC on "Structured Cabling Market by Product (Copper Cable [STP, FTP, UTP], Fiber Cable [MM Fiber, SM Fiber], Copper Components [Copper Outlets, Copper Patch Panel Ports, Copper Patch Cords], Fiber Components [Fiber Patch Panel Ports, Fiber Outlets, Fiber Patch Cords]), by Wire Category (Category 6, Category 5e, Category 6A, Category 7), by Application (Data Center, LAN), by End Use (Telecommunications, Commercial, Government, Industrial), by Geography (U.S., Canada, France, U.K., Germany, Sweden, Austria, Switzerland, Spain, Poland, Netherlands, Russia, Italy, China, Japan, South Korea, India, Brazil) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023" at:https://www.psmarketresearch.com/market-analysis/structured-cabling-market

Competitive landscape of structured cabling market

The global structured cabling market is a highly competitive in nature, primarily due to the presence of numerous original equipment manufacturers (OEMs) in emerging markets such as China, India, Vietnam, Indonesia, and Brazil. Some of the key companies operating in the market are Schneider Electric SE, ABB Ltd., CommScope Holding Company Inc., Corning Incorporated, Panduit Corp., Nexans S.A., Belden Inc., Furukawa Electric Co. Ltd., Siemon Company, and Legrand Holding S.A.

Structured Cabling Market Segmentation

By Product

  • Copper Cable
    • Shielded twisted pair (STP)
    • Foil-screened twisted pair (FTP)
    • Unshielded twisted pair (UTP)
  • Fiber Cable
    • Multi-mode (MM) fiber
    • Single-mode (SM) fiber
  • Copper Components
    • Copper patch cords
    • Copper patch panel ports
    • Cooper outlets
  • Fiber Components
    • Fiber patch panel ports
    • Fiber outlets
    • Fiber patch cords

By Wire Category

  • Category 6
  • Category 5e
  • Category 6A
  • Category 7

By Application

  • Local Area Network (LAN)
  • Data Center

By End Use

  • Telecommunication
  • Commercial
  • Government
  • Industrial
  • Others (Residential, Education, and Defense)

By Region

  • North America Structured Cabling Market
    • By product
    • By wire category
    • By application
    • By end use
    • By country – U.S. and Canada
  • Europe Structured Cabling Market
    • By product
    • By wire category
    • By application
    • By end use
    • By country – Germany, U.K., France, Russia, Italy, Spain, Switzerland, Netherlands, Poland, Austria, Sweden, and Rest of Europe
  • Asia-Pacific (APAC) Structured Cabling Market
    • By product
    • By wire category
    • By application
    • By end use
    • By country – China, Japan, South Korea, India, and Rest of APAC
  • Rest of the World (RoW) Structured Cabling Market
    • By product
    • By wire category
    • By application
    • By end use
    • By country – Brazil and Others