Structured Cabling market is expected to proliferate during the forecast period owing to the increasing demand for data centers and cloud computing and adoption of structured cabling solutions to decrease the operating costs.
Rising demand for copper-based structured cabling industry for the development of smart cities and surging demand for data centres with the support of several countries have propelled the market growth. Demand for e-learning, binge-watching, remote work, work from home, and other similar activities has increased. As a result, the Structured Cabling industry is expanding at a fast pace. Structured cabling market growth has been boosted by the IT and telecommunications industries.
Structured cabling is used in a variety of applications, including data centers, commercial buildings, hospitals, and schools. The market for structured cabling is driven by the increasing demand for high-speed data communication, the rise of cloud computing, and the growing adoption of advanced technologies.
Another factor contributing to the growth of the global structured cabling market is the rise of cloud computing. Cloud computing has become an essential component of modern business operations, and it requires a robust infrastructure to support it. Structured cabling is an essential component of this infrastructure, providing the connectivity required to access and transfer data to and from the cloud.
The growing adoption of advanced technologies is also driving the demand for structured cabling. Technologies such as AI, machine learning, and robotics require high-speed connectivity to operate effectively. Structured cabling provides the infrastructure required to support these technologies, enabling businesses to take advantage of their full potential.
In addition to these factors, the increasing demand for energy-efficient buildings is also driving the growth of the global structured cabling market. Structured cabling is an energy-efficient solution that reduces the amount of energy required to power a building's telecommunications infrastructure. This is achieved through the use of high-quality cabling and hardware that reduces signal loss and interference, resulting in more efficient data transfer.
Structured Cabling is becoming increasingly important as trends change and the demand for high-speed internet and smart connectivity grows. E-commerce, e-learning, remote work, logistics, and other optical services' universality can help the business develop by 2022. In the Structured Cabling study, the communications sector with greater demand for telecommunication services would become the primary development component.
Increased Demand for High-Speed Internet
The increased demand for high-speed internet has led to a surge in the adoption of advanced technologies such as 5G, the Internet of Things (IoT), and artificial intelligence (AI). These technologies require high-speed connectivity to function effectively, which has resulted in a growing demand for structured cabling. Structured cabling provides the infrastructure required to support high-speed data transfer, enabling businesses to take advantage of these technologies and operate more efficiently. One of the main drivers of the increased demand for high-speed internet is the proliferation of digital devices. Today, individuals and businesses rely heavily on digital devices such as smartphones, tablets, laptops, and desktops to access information, communicate, and perform various tasks. This has led to an explosion in the amount of data generated, which in turn has created a need for high-speed connectivity to transfer this data quickly and efficiently.
Another factor driving the demand for high-speed internet is the rise of cloud computing. Cloud computing has become an essential component of modern business operations, and it requires a robust infrastructure to support it. Structured cabling provides the connectivity required to access and transfer data to and from the cloud, making it a critical component in providing the high-speed connectivity required by cloud-based applications.
Furthermore, the increasing adoption of remote working and virtual collaboration has further accelerated the need for high-speed internet. With more people working from home, businesses need to ensure that their employees have access to high-speed internet to enable effective communication and collaboration. Structured cabling provides the infrastructure required to support remote working and virtual collaboration, making it an essential component in today's business environment.
In conclusion, the increased demand for high-speed internet has led to a surge in the adoption of advanced technologies such as 5G, IoT, and AI. Structured cabling provides the infrastructure required to support high-speed data transfer, making it a critical component in enabling businesses to take advantage of these technologies and operate more efficiently. As the demand for high-speed internet continues to rise, the global structured cabling market is expected to grow significantly in the coming years.
Growing Trend Toward Smart Cities
The growing trend toward smart cities has led to an increase in the demand for structured cabling solutions. These solutions are essential for the implementation of smart city projects, as they provide the necessary infrastructure for the integration of IoT and other digital technologies.
Adoption Of Cloud Computing
The increasing adoption of cloud computing has led to an increase in the demand for structured cabling solutions. These solutions provide the necessary infrastructure for cloud computing and are essential for the smooth functioning of cloud-based applications and services.
The Advancement of Technology in Structured Cablings Is Propelling Market Growth
The continuous advancements in technology have led to the development of innovative and advanced structured cabling solutions. These solutions are designed to meet the growing demand for high-speed internet connectivity, IoT and 5G technology, and the increasing trend toward smart cities. The introduction of high-performance cabling materials and standards, such as Cat 8 and multi-terabit ethernet, has further propelled the growth of the structured cabling market. The integration of these technologies and materials has resulted in improved performance, higher speed, and increased reliability, driving the demand for structured cabling market.
Market Segmentation
Recent Developments
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Company Profiles
ABB Ltd, Legrand SA, Anixter International Inc, Belden Inc, Hubnetix Corp, CommScope Holding Co. Inc, Cisco Systems Inc, Corning Inc, Datwyler Holding Inc, Furukawa Electric Co. Ltd.,
Attribute | Details |
Base Year | 2022 |
Historical Years | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Billion and CAGR for 2018-2022 and 2023E-2028F |
Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | By Product Type By Application By Wire Category By End User Industry By Region |
Regional Scope | Asia-Pacific, North America, Europe, Middle East & Africa and South America |
Country Scope | China, Japan, India, Australia, South Korea, United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Israel, Turkey, Saudi Arabia, UAE, South Africa, Brazil, Argentina, Colombia |
Key Companies Profiled | ABB Ltd, Legrand SA, Anixter International INC, Belden Inc, Hubnetix Corp, CommScope Holding Co. Inc, Cisco Systems Inc, Corning Inc, Datwyler Holding Inc, Furukawa Electric Co. Ltd. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail of customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |