Structured Cabling Market Size, Trends & Analysis - Forecasts to 2026 By Type of Solution (Product [Cables, Communication Outlets, Patch Panels & Cross Connects, Patch Cords & Cable Assemblies, and Racks & Cabinets], Service [Installation & Consultation, Managed Services, and Maintenance & Support] and Software), By Type of Cable (Category 5E, Category 6, Category 6A, Others [Cat 7, Cat 7A, Cat 8]), By Type of Vertical (IT & Telecommunication, Residential & Commercial, Government & Education, Transportation, Industrial, Others [BFSI, healthcare, and hospitality]), By Region (NA [North America], Europe, APAC [Asia Pacific], MEA [the Middle East & Africa], and CSA [Central & South America]), End-User Landscape, Vendor Landscape, Company Market Share Analysis & Competitor Analysis
Structured cabling is an installed and designed cabling system that aids multiple hardware systems. Easy cabling systems reduce power consumption and the cost of maintenance. COVID-19 has impacted the market and has been seeing a continuous dip in the growth as operations were discontinued in multiple industries due to global lockdown, yet it is predicted to make an exceptional elevation in the outlook time.
According to the report published by Global Market Estimates Research & Consultants, the structured cabling market is indicated to depict a prominent augmentation of 4.3% during the forecast period (2020-2026).
Higher complexity, the emergence of wireless technologies, and expensive installation costs are the primary impediments of the market whereas, an increase in high-speed connectivity, a rise in data center convergence, government initiatives in the communications sector are the drivers accentuating the global market.
Product, solutions, and services are the types of solutions in the global market where cables, communication outlets, patch panels & cross-connects, patch cords & cable assemblies, and racks & cabinets are the types of products and installation & consultation, managed services, and maintenance & support are the types of solutions. The segment estimated to grow in the market is the product unit. An increase in investments and funding for the communication domain is one of the most significant factors to consider concerning the augmentation of the market.
Based on the type of cable, category 5E, category 6, category 6A, and others (Cat 7, Cat 7A, Cat 8) is the market categorization of the global market. Category 6 segment is witnessed to be growing rapidly in the given timeframe. An uninterrupted flow of data and the influence in the adoption of FTTP/FTTH is the accelerator for thriving the extension of the global market.
Based on vertical residential & commercial, transportation, IT & telecommunication, industrial, government & education, and others (BFSI, healthcare, and hospitality) are the classifications of the structured cabling market. The IT & telecommunication segments are predicted to grow in the forecast period. The introduction of the 5G network in the communication sector is the major influencer towards the increment of the global market which is been aided by the increase in manufacturing of electronic gadgets in the APAC region.
Based on the region study, the Asia Pacific is predicted to drive in inflicting momentum in this market. The growing number of cloud technology, the inclusion of digital technology like AI, ML, and demand in smart automation facilities are the major propellors in the enlargement of the global market.
Commscope, Legrand, Belden Inc., R&M, Corning Inc, Furukawa Electric Co. Ltd, Schneider Electric, Siemon, Nexans S.A, Panduit Corp, Molex, and other industries are the critical players in the market.
Please note: This is not an exhaustive list of companies profiled in the report.
In June 2020, Siemon launched a new Value Vertical Cable Manager (VVCM) system.
In January 2019, Panduit published two patents for its innovation in fiber optic technology.
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The Global Structured Cabling Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Structured Cabling Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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