Global Telecom Cable Market Size By Type(Fiber Optic, Coaxial Cable, Twisted Pair Cable, LAN Cables, Data Center cables, and Mobile Networks), By Application(Telecommunication, Data Centers, CATV, Computer Network, and Others), By Geographic Scope And Forecast

Telecom Cable Market Size And Forecast

Telecom Cable Market size was valued at USD 52.9 Billion in 2024 and is projected to reach USD 91.1 Billion by 2031, growing at a CAGR of 7.03% during the forecasted period 2024 to 2031.

The increasing adoption of smartphones and the growing penetration of the internet around the world are some of the significant factors affecting the growth of the telecom equipment market which is indirectly responsible for the growth of the telecom cables market. The Global Telecom Cable Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Telecom Cable Market Definition

Telecommunication cables consist of hardware used in a communication system such as Coaxial Cable, Fiber Optic, Data Center cables, Mobile networks, LAN Cables, Twisted Pair Cable, etc. The telecommunication industry has seen tremendous technological advances in the past couple of decades due to the increasing capability and reach of broadband, mobility, and internet services across the globe.

According to the International Telecommunication Union (ITU), there were around 4 billion internet users in 2019, out of which around 3 billion users were from developing nations. However, despite the growing telecommunication system across the globe, many businesses and people remain disconnected.

Global Telecom Cable Market Overview

The increasing adoption of smartphones and the growing penetration of the internet around the world are some of the significant factors affecting the growth of the telecom equipment market which is indirectly responsible for the growth of the telecom cables market. The Internet has made life simpler in several ways in recent years and is spreading ever more widely. The increasing popularity of IoT and related devices among the populace has increased the demand for telecommunication cables around the world.

However, the high operating and maintenance cost of telecom cables is a major factor likely to hamper the growth of the market. Moreover, the underground fiber provides more reliability and requires less maintenance effort. Hence, there is a huge opportunity for optical fiber cables in the market for current and future requirements.

Global Telecom Cable MarketSegmentation Analysis

The Global Telecom Cable Market is segmented on the basis of Type, Application, and Geography.

Telecom Cable Market, By Type

• Fiber Optic
• Coaxial Cable
• Twisted Pair Cable
• LAN Cables
• Data Center cables
• Mobile Networks

Based on Type, the market is bifurcated into Fiber Optic, Coaxial Cable, Twisted Pair Cable, LAN Cables, Data Center cables, and Mobile Networks. Fiber Optic accounted for the largest market share in 2020. Fiber optic cables are commonly used in many modern networks as the market for higher broadband grows.

Telecom Cable Market, By Application

• Telecommunication
• Data Centers
• CATV
• Computer Network
• Others

On the basis of Application, the Global Telecom Cable Market has been segmented into Telecommunication, Data Centers, CATV, Computer Network, and Others. Telecommunication accounted for the largest market share in 2020. Telecommunications refers to the communication of information over long distances, which involves telephone, machine, and television.

Telecom Cable Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

On the basis of Geography, the Global Telecom Cable Market is classified into North America, Europe, Asia Pacific and Rest of the world. Asia Pacific is expected to hold the largest market share of the Telecom Cable over the forecast period followed by Europe.

Key Players

The “Global Telecom Cable Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are CommScope Inc., Sumitomo Electric Industries, Ltd., Prysmian group, Fujikura, LEONI, and Others.

The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Development

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales analyst support

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