Structured Cabling Market Size, Growth, Trends | Report 2023-2032
The global structured cabling market was valued at USD 10.48 billion in 2022 and it is predicted to surpass around USD 29.01 billion by 2032 with a CAGR of 10.72% from 2023 to 2032.
Key Pointers
Report Scope of the Structured Cabling Market
| Report Coverage | Details |
| Market Size in 2022 | USD 10.48 billion |
| Revenue Forecast by 2032 | USD 29.01 billion |
| Growth rate from 2023 to 2032 | CAGR of 10.72% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
| Regions Covered | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Covered | ABB Ltd.; Belden Inc.; CommScope Holding Company, Inc.; Corning Incorporated; Furukawa Electric Co., Ltd.; Legrand SA; Nexans; Schneider Electric; Siemens AG |
The increased demand for advanced technologies has resulted in the production of massive amounts of IoT data, which frequently causes delays and latency. Systems with structured cabling improve data transmission speed, which further helps to prevent delays.
The widespread adoption of structured cabling systems has been facilitated by a highly connected network in areas like North America. Thus, the North America regional market is anticipated to experience significant development throughout the forecast period. The need for structured cabling systems has also grown due to an expanding communication network design and rising demand for data centers.
Asia Pacific region is anticipated to experience the fastest development. Key elements like government initiatives to support digitalization, modernized infrastructure, population growth, a quicker uptake of smart devices, and investments in cloud and IoT technologies are expected to drive regional market growth.
Structured cabling systems are used across several industries, such as industrial, government, IT & telecommunications, commercial, and residential. The IT and telecommunications segment is expected to exhibit the highest CAGR due to data center convergence in technology supporting voice and data services. Increasing high-speed connectivity and mobile Internet usage are expected to drive market growth. Building residences and smart cities will also be important in expanding the market potential.
Expanding the product portfolio and maintaining a robust position in the market, prominent companies have used tactics such as joint ventures, agreements, expansions, and collaboration and creating new products with high speed and better features. The organization has also received official authorization to launch devices with better security and high-speed internet.
Product Type Insights
The copper cable segment dominated the market in 2022 with a market share of 49.82 %. Copper cables are suitable for short and medium-distance transmission purposes. Owing to technological developments, copper cables are expected to gain preference among data centers, and desktop connections are anticipated to provide lucrative opportunities for the copper cable segment. The copper wire and cable industry is primarily driven by rising electricity demand and strong investment in building development. Furthermore, the growth of smart grids and increased investments in smart power transmission and distribution system upgrades are driving increased demand for the copper cable segment.
The fiber optic cables segment is estimated to register the highest CAGR over the forecast period. Fiber optics serve as the internet's backbone, and optical fiber cables serve as the medium for transporting data from one location to another. These cables are used in various verticals, including telecommunication, residential and commercial, government, utilities, aerospace, and private data networks. Increasing demand for high-speed Internet services is expected to be the key growth factor for the fiber optic cables segment. The growing use of new telecommunication technologies, such as 5G mobile and FTTX (Fiber-to-the-X) applications, is also expected to drive the growth of this segment.
Application Insights
The data center segment is expected to exhibit a high CAGR of over 11.32% from 2023 to 2032. The growth of structured cabling in data centers is due to the increasing use of IoT devices, mobile data, and smart applications. A significant amount of data is generated through digital devices, necessitating more storage, thus driving demand for data centers. This, in turn, increases demand for high data transmission speeds. Data center market competitors are increasing their foothold in previously untapped locations. Consequently, demand for structured cabling systems is anticipated to grow over the forecast period.
The LAN segment dominated the structured cabling market in 2022, and the trend is estimated to continue over the forecast period. Due to the increasing need for high-speed networks, the networking system is fragmented into smaller parts, with shorter cable lengths to facilitate high data speed. LAN enables a high data transmission speed, as the data is fragmented into smaller chunks. Due to the performance of several market sectors, the LAN cable market is expected to increase significantly. The CATEGORY 6 CABLE sector will be the fastest-growing segment among others, contributing more to the growth of the LAN Cable market.
Vertical Insights
The IT and telecommunications segment dominated the market in 2022 with a share of around 35.03%. Technological innovations in the telecommunications sector, such as the 5G network, require high bandwidth and low latency provided by structured cabling systems. This drives the market over the forecast period.
The industrial segment is expected to grow significantly over the coming years owing to the rising development and use of automation techniques across industries. The segment comprises small and large enterprises using structured cabling systems for connecting machinery and other automation purposes. Additionally, the increasing need for high-speed machine-to-machine communication and reliability is expected to drive the market.
Regional Insights
The North America region accounted for the highest share in the market at 32.25% in 2022 and is expected to continue its domination throughout the forecast period. The region has many leading players, such as ABB; Belden Inc.; Corning Incorporated; Furukawa Electric Co., Ltd.; Legrand SA; Nexans; and Schneider Electric. High growth in the region can be attributed to the high concentration of manufacturing and telecommunications industries that majorly adopt structured cabling systems. Technological proliferation increased the adoption of fiber optic cables, high penetration of digital services, and early adoption of advanced technologies in various verticals such as government, residential and commercial, and transportation and logistics has triggered market growth.
Asia Pacific is expected to emerge as the fastest-growing regional market, with a CAGR of 12.51% over the forecast period. The major factors such as government initiatives to promote advanced infrastructure, digitization, accelerated adoption of smart devices, rising population, and investments in cloud and IoT technologies are expected to contribute to the regional market's growth. Developing economies such as China and Japan are leading the APAC region. The increasing Internet use in these countries is resulting in a rising number of broadcast activities. This, in turn, is expected to drive the regional market's growth over the forecast period.
Structured Cabling Market Segmentations:
By Product Type
By Application
By Vertical
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Product Type Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Structured Cabling Market
5.1. COVID-19 Landscape: Structured Cabling Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Structured Cabling Market, By Product Type
8.1. Structured Cabling Market, by Product Type, 2023-2032
8.1.1 Copper Cables
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Fiber Optic Cables
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Others
8.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Structured Cabling Market, By Application
9.1. Structured Cabling Market, by Application, 2023-2032
9.1.1. LAN
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Data Center
9.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Structured Cabling Market, By Vertical
10.1. Structured Cabling Market, by Vertical, 2023-2032
10.1.1. Government
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Industrial
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. IT & Telecommunication
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Residential & Commercial
10.1.4.1. Market Revenue and Forecast (2020-2032)
10.1.5. Others
10.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Structured Cabling Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.1.2. Market Revenue and Forecast, by Application (2020-2032)
11.1.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.1.4.2. Market Revenue and Forecast, by Application (2020-2032)
11.1.4.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.1.5.2. Market Revenue and Forecast, by Application (2020-2032)
11.1.5.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.2.2. Market Revenue and Forecast, by Application (2020-2032)
11.2.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.2.4.2. Market Revenue and Forecast, by Application (2020-2032)
11.2.4.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.2.5.2. Market Revenue and Forecast, by Application (2020-2032)
11.2.5.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.2.6.2. Market Revenue and Forecast, by Application (2020-2032)
11.2.6.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.2.7.2. Market Revenue and Forecast, by Application (2020-2032)
11.2.7.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.3.2. Market Revenue and Forecast, by Application (2020-2032)
11.3.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.3.4.2. Market Revenue and Forecast, by Application (2020-2032)
11.3.4.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.3.5.2. Market Revenue and Forecast, by Application (2020-2032)
11.3.5.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.3.6.2. Market Revenue and Forecast, by Application (2020-2032)
11.3.6.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.3.7.2. Market Revenue and Forecast, by Application (2020-2032)
11.3.7.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.4.2. Market Revenue and Forecast, by Application (2020-2032)
11.4.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.4.4.2. Market Revenue and Forecast, by Application (2020-2032)
11.4.4.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.4.5.2. Market Revenue and Forecast, by Application (2020-2032)
11.4.5.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.4.6.2. Market Revenue and Forecast, by Application (2020-2032)
11.4.6.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.4.7.2. Market Revenue and Forecast, by Application (2020-2032)
11.4.7.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.5.2. Market Revenue and Forecast, by Application (2020-2032)
11.5.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.5.4.2. Market Revenue and Forecast, by Application (2020-2032)
11.5.4.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Product Type (2020-2032)
11.5.5.2. Market Revenue and Forecast, by Application (2020-2032)
11.5.5.3. Market Revenue and Forecast, by Vertical (2020-2032)
Chapter 12. Company Profiles
12.1. ABB Ltd.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Belden Inc.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. CommScope Holding Company, Inc.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Corning Incorporated
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Furukawa Electric Co., Ltd.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Legrand SA
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Nexans
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Schneider Electric
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Siemens AG
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers