Structured Cabling Market 2022 with Incredible Possibilities, Growth Analysis and Forecast by 2028
The structured cabling market is projected to register exponential growth by 2028 on account of rising investments towards data center advancements across the globe. Moreover, burgeoning presence of mega and hyperscale data centers in key regions is likely to boost product demand over the forecast timeframe.
A structured cabling system provides a complete and well-organized telecommunication infrastructure enabling enterprises, organizations, and government institutions to send data, audio, alarm, video, or signals through this network. It is considered far more secure and reliable than alternative wireless networks, which makes it suitable for various organizations and businesses. Widespread adoption of cloud-based technologies and IoT has propelled market growth.
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Additionally, structured cabling offers several advantages, including greater flexibility, improved communication, less downtime, better adaptability, cost-effectiveness, and manageability, which has augmented industry uptake over the past few years.
The structured cabling market has been segmented based on application, component, and region. With respect to component, the market has further been divided into service, hardware, and software. Under hardware, the market has been categorized into patch cables & cable assemblies, racks & cable management, cables, patch panels & cross connects, and communication outlet system.
Under cables, the structured cabling industry has been segregated into fiber optics and copper. The fiber optics segment is anticipated to grow at a steady pace through the analysis period owing to surging demand for Fiber-to-the-Home/Fiber-to-the-Premises (FTTH/FTTP) networks in residential infrastructure.
From the application point of view, the structured cabling industry has been bifurcated into transportation, BFSI, IT & telecom, commercial, industrial, energy, healthcare, and government. The commercial segment is expected to witness robust expansion over the forecast period to reach a significant valuation by the end of 2028. Rapid business expansion in the commercial sector, such as retail and entertainment & media, is estimated to fuel segmental development over 2022-2028.
On the regional spectrum, the Europe structured cabling market is projected to gain substantial growth momentum through the review timeline owing to growing interest of global companies to expand their business operations in the region for managing massive data generated in several application industries. In addition, favorable government regulations, environmental conditions, and increasing presence of suppliers are slated to drive regional market expansion in the coming time period.
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The Middle East & Africa structured cabling market is speculated to progress at a notable growth rate to generate considerable revenue by the end of 2028. This growth is attributed to prevalent adoption of IoT and cloud-related technologies in the MEA region.
Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Scope & definitions
1.2 Methodology and forecast parameters
1.3 Impact of COVID-19
1.3.1 North America
1.3.2 Europe
1.3.3 Asia Pacific
1.3.4 Latin America
1.3.5 MEA
1.4 Data sources
1.4.1 Secondary
1.4.2 Primary
Chapter 2 Executive Summary
2.1 Structured cabling market 3600 synopsis, 2018 - 2028
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Component trends
2.1.4 Application trends
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