Structured Cabling Market By Solution Type (Products, Services, Software) By Cable Type (Category 5E, Category 6, Category 6A, Others (Category 7, Category 7A, and Category 8)) By Vertical (Hospital & Clinics, Cancer Treatment & Research Center, Research Laboratories, Others)- Growth, Future Prospects, and Competitive Analysis, 2016 - 2028
The global Structured Cabling Market report explores the critical analysis of the Structured Cabling industry using key parameters. The report consists of investment strategies, the need for investments in the Structured Cabling industry, and the multiple benefits for the investors. Importantly, this report sets out major changes in the global technical regulations for the Structured Cabling industry, as well as how economic and non-economic barriers are helping the Structured Cabling market. Moreover, the report analyses the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses such as porter's five forces analysis, PESTEL analysis, value chain analysis, etc.
How are the major segments performing in the Structured Cabling Market?
In 2021, the software will be the leading segment because of technological developments. Furthermore, the increase is attributed to the rising complexity of network infrastructures.
In 2021, the category 6 segment in the cable type will lead the market. Compared to its upgraded module, category 6A, category 6 is reasonably priced. Additionally, Category 5/5e and Category 6 cabling are backward compatible.
In 2021, the I.T. & telecommunications segment in the vertical will lead the market. Technological advancements in the telecommunications business, such as the 5G network, necessitate high bandwidth and low latency, which structured cabling systems provide.
Which region dominated the Structured Cabling Market?
In 2021, North America was one of the major contributors to the global structured cabling market. The development of telecommunications infrastructure, rising investments in smart cities, rising demand for IP-based video surveillance systems, rising smart home infrastructure adoption, repurposing of aging data centers, and the creation of new data center networks are some of the major factors that are propelling the growth of the North American market.
What is the competitive environment of the Structured Cabling Market?
To stay competitive and find lucrative opportunities during the pandemic, top industry participants in the structured cabling market are concentrating on offering high-quality connections and cable services. Due to the presence of numerous notable firms, the industry is very competitive. Players have adopted strategies like expansions, agreements, collaborations, and joint ventures to expand their product portfolios. They are also actively developing new products quickly and with improved features. The telecom industry markets. For instance, in June 2020, Siemon announced the debut of its new Value Vertical Cable Manager (VVCM) system, which adds to its portfolio of cost-effective open rack and cable management solutions. Similarly, in January 2019, Panduit received two patents for their innovation in fiber optic technology. The inventions include a hybrid optical fiber and copper conductor cable assembly (patent No. 10-215934) and a modular fiber optic tray (patent No. 10-215944).
Executive Summary
How has the growth of the structured cabling market been impacted by the adoption of data centers in I.T. infrastructure?
An electrical wiring architecture called structured cabling includes several smaller, standardized electrical components. Additionally, it offers predictable performance, the capacity to adapt to changes and additions, maximizes system availability and offers redundancy for the cabling system. The COVID-19 outbreak has significantly impacted traditional workplace practices. Many organizations have resorted to modern I.T. solutions to keep their operations running, personnel engaged, and budgets under control due to the uncertainties surrounding the future of the office culture. Both private and public cloud data centers have been growing quickly in quantity. A few factors propelling the growth of data centers globally include the desire for personal cloud storage and the sharp rise in internet users. According to the Cisco Global Cloud Index research, global cloud data center traffic will reach 19.5 zettabytes (Z.B.) per year by 2021, a 6 zettabyte per year growth from 2016. Cloud data center traffic accounts for 95% of total traffic in 2021, while cloud data centers process 94% of workloads and 94% of compute instances in the same year. The concept of data center convergence is gradually permeating the I.T. infrastructure sector, assisting in the consolidation of disparate servers, storage systems, and networking devices into a unified system. Several companies have begun to discard diverse architectural styles to reduce operational costs.
Which are the key investments by the players in the Structured Cabling Industry Market?
The trend of data center convergence is likely to be boosted by the high demand for high-speed connection equipment and systems. The market for structured cabling is anticipated to be boosted by high investments in communication infrastructure. The increase in funding and investments for the communication sector is driving market growth. For instance, in November 2022, at the cable plant in Dèn, Czech Republic, R&M sought to increase its production capabilities. By 2022, R&M will have invested several million Swiss francs in new production facilities for fiber optic cables.
Some of the major players in the structured cable market areCommScope Holding Company, Inc. (U.S.), Corning Incorporated (U.S.), Legrand (France), Nexans (France), Panduit Corp. (U.S.), Belden Inc. (U.S.), R&M (Switzerland), Furukawa Electric Co., Ltd. (Japan), Schneider Electric (France), The Siemon Company (U.S.).
What are the Major Driving Factors for the Structured Cabling Market?
The increasing adoption of 5G technology is the primary driver of market growth. However, certain important factors contribute to favorable growth in the global industry. For example, the rise of the I.T. and telecommunications industries, the increased usage of smart apps and gadgets, and the acceptance of cloud services. Furthermore, the growing internet dispersion contributes to the spike. Aside from that, the worldwide structured cabling market is growing due to the increased use of smart gadgets during the current 19 pandemics. Remote working, e-learning platforms, and binge-watching are all important factors. Structured cabling market prospects are expanding as a result of recent technological advances.
What are the Major Risks for the Structured Cabling Market?
Some primary restraint factors cause the structured cabling market to contract. Although internet penetration is increasing, a lack of internet capacity remains a serious constraint. Furthermore, the enormous prices and resources in the worldwide market hinder growth. Installation fees and expensive maintenance costs halt the global market's good expansion and rise.
Which is the Key Cable Type in the Structured Cabling Market?
In 2021, the Category 6 segment dominated the Structured Cabling market. The performance of this cable, defined in TIA/EIA-568-B, is significantly better than that of category 5 and category 5e. Category 6 cables are relatively long Ethernet cables because they can support speeds of up to 10 Gbps and bandwidth up to 250 MHz, but they can only do so for up to 55 meters. In addition, Category 6 has an additional plastic string core amid the twisted internal wiring, which provides an additional defense barrier and reduces crosstalk.
How is the Structured Cabling Market performing in regions?
In 2021, the Structured Cabling market was dominated by North America due to the rising data center upgrade spending from numerous international corporations. For instance, Microsoft Corporation announced several plans in April 2021 to build 50 to 100 new data centers per year to expand its Microsoft Azure footprint in ten additional countries by the end of 2021. The use of structured cabling technology in data centers will increase as new project construction and facility modernization increase. To improve their business performance and operations by streamlining network interconnection, industries in the U.S. market are concentrating on replacing traditional cabling hardware components, such as fiber-optic cables and patch panels, with contemporary alternatives. Due to advantages like quick data transfer and optimal connectivity for various I.T. systems, this advancement will open up several potential opportunities for the structured cabling industry.
Besides, the Asia Pacific region is expected to grow significantly over the forecast period. Market leaders provide structured cabling systems that can be connected to the Industrial Internet of Things (IIoT) to automate various processes in commercially available smart factories. Data acquired from IIoT systems optimizes high workloads and mitigates potential issues, enhancing factory productivity, efficiency, and safety. The deployment of connected machines and structured cabling is driven by industrial progress and the adoption of Industry 4.0.
What is the regulatory landscape for the Structured Cabling Market?
Intelligent networked data property, storage, and analytics systems are integrated into smart cities worldwide. Organizations are collaborating with government officials to implement practical solutions. For instance, in July 2021, Mishima City and Oracle Corporation agreed to collaborate on smart city efforts in Japan. The market is witnessing the emergence of intelligent cities that provide data to infrastructure and insights to authorities through various technology solutions, such as Cloud solutions, M2M solutions, and property solutions, to enable high management and efficiency in data transfer activities.
What is the Market Size of Structured Cabling regarding value?
The Structured Cabling Market is anticipated to grow at a substantial CAGR of 10.20% in the upcoming years. The global Structured Cabling industry was estimated to be worth USD 9.4 billion in 2021 and was expected to be worth USD 16.8 billion by 2028.
What are the major players planning for the future of the Structured Cabling Market?
Structured cabling solutions will be more in demand as smart city initiatives proliferate, enhancing data transfer procedures. Intelligent connected data communication, archiving, and analytics solutions are integrated into smart cities worldwide. With the aid of various technological solutions, including Cloud solutions, M2M solutions, and connectivity solutions, which enable high control and efficiency in data transfer activities, smart cities are being developed in the market. These cities provide information on infrastructure and provide authorities with insights.
Segmentation of Global Structured Cabling Market-
Global Structured Cabling Market – By Solution Type
Products
Services
Software
Global Structured Cabling Market – By Cable Type
Category 5E
Category 6
Category 6A
Others (Category 7, Category 7A, and Category 8)
Global Structured Cabling Market – By Vertical
Hospital & Clinics
Cancer Treatment & Research Center
Research Laboratories
Others
Global Structured Cabling Market – By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of Middle East and Africa
Frequently asked questions about the global Structured Cabling Industry
The global Structured Cabling market is expected to be impacted significantly by COVID-19.
North America accounted for the highest share in the global Structured Cabling market in terms of value.
The increasing adoption of 5G technology is the primary driver of market growth. However, certain important factors contribute to favorable growth in the global industry.
The software segment had a significant share in 2021, with more than 40% of the market revenue share.
Category 6 segment had a significant share in 2021, with more than 30% of the market revenue share.
