Structured Cabling Market Overview

1. What is the Market Size & CAGR of Structured Cabling market in 2021?

The global structured cabling market had a market size of USD 10.5 billion in 2021, with a Compound Annual Growth Rate (CAGR) of 7.2%.

2. COVID-19 Impact on the Structured Cabling Market

The COVID-19 pandemic had a significant impact on the structured cabling market. With the rise of remote work and increased digitalization, there was a surge in demand for structured cabling solutions to support robust communication networks.

3. Structured Cabling Dynamics

The structured cabling market is driven by factors such as increasing data center installations, growing demand for high-speed connectivity, and the need for efficient networking solutions in commercial buildings.

4. Segments and Related analysis

4.1 Cable Type Segment

The fiber optic cable segment dominated the structured cabling market in 2021, owing to its high data transmission capabilities and reliability.

4.2 Application Segment

The data center application segment held the largest market share in 2021, fueled by the increasing demand for cloud services and storage solutions.

5. By Region Analysis

- North America: Leading the market with a strong presence of key players and technological advancements.
- Europe: Witnessing growth due to increasing infrastructure development and digital transformation initiatives.
- Asia Pacific: Projected to be the fastest-growing region, driven by rapid urbanization and the expansion of telecommunication networks.

6. Key Market Players and Competitive Landscape

The key market players in the structured cabling industry include CommScope, Corning Inc., Legrand, Panduit Corporation, and Schneider Electric. These companies are focusing on product innovation and strategic collaborations to strengthen their market position.

7. Recent happenings in the Structured Cabling Market

- In Q3 2021, CommScope launched a new range of high-speed connectivity solutions for enterprise networks.
- Panduit Corporation announced a partnership with a leading data center provider to deliver integrated cabling solutions.
- Schneider Electric introduced a next-generation modular cabling system for efficient data center infrastructure.