# Structured Cabling Market &#8211; Growth of IT &#038; telecommunication industry to boost market
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2021-11-29
Category: Research Reports
Category URL: https://financedigest.com/category/research-reports
Meta Title: Global Structured Cabling Market Analysis 2018-2026
Meta Description: Discover the latest insights on the global structured cabling market, including trends, growth drivers, and future forecasts. Request a brochure today!
URL: https://financedigest.com/structured-cabling-market-growth-of-it-telecommunication-industry-to-boost-markethtml

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The [**global structured cabling market**](https://www.transparencymarketresearch.com/structured-cabling-market.html) was valued at US$ 7,172.5 Mn in 2017 and is anticipated to register a stable CAGR of 7.2% during the forecast period, according to a new report published by Transparency Market Research (TMR) titled ‘ _Structured Cabling Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026._’ Increasing demand for high bandwidth and expansion and modernization of communication infrastructure fueled by economic growth have driven the global structured cabling market. The market in North America is expanding at the maximum CAGR of 7.1%, owing to technological innovations and presence of a large number of players in the region.

Expanding cable network fueled by rise in [modernization of infrastructure in developing economies](https://www.financedigest.com/meet-tilak-joshi-the-fintech-ceo-building-modern-solutions-for-the-gig-economy.html "Meet Tilak Joshi: the fintech CEO building modern solutions for the gig economy") is resulting in high demand for structured cabling worldwide. Copper cable is the most common cable used in structured networking, due to its lower costs compared to optical fiber. Copper cables are employed in power generation, power transmission, power distribution, telecommunications, electronics circuitry, and numerous electric equipment. Copper has the maximum electric conductivity rating among all non-precious metals. This boosts the demand for copper cables across the globe. The hardware sector has [witnessed strong growth](https://www.financedigest.com/3d-printing-in-eyewear-market-to-witness-an-outstanding-growth-during-2019-2027.html "3D Printing in Eyewear Market to Witness an Outstanding Growth during 2019 – 2027"), due to continuous installation of a large number of machines and assembly units across the world, followed by extensive channels of wiring systems. This is expected to continue to augment the demand for [structured cabling during the forecast](https://www.financedigest.com/lentils-flour-market-overview-cost-structure-analysis-growth-opportunities-and-forecast-to-2029.html "Lentils Flour Market Overview, Cost Structure Analysis, Growth Opportunities And Forecast To 2029") period.

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Based on end-user, the global structured cabling [market has been segmented into commercial & residential](https://www.financedigest.com/german-residential-property-market-faces-risk-of-price-drop-diw-study.html "German residential property market faces risk of price drop – DIW study"), IT & telecommunication, government, industrial, and others (including mining and education). IT & telecommunication is anticipated to be the rapidly expanding end-user segment during the forecast period, followed by the industrial segment. The IT & telecommunication segment is [expected to dominate the global market](https://www.financedigest.com/calcium-carbonate-market-expectations-growth-trends-highlighted-until-2027-2.html "Calcium Carbonate Market Expectations & Growth Trends Highlighted Until 2027") for structured cabling, expanding at the maximum CAGR of 7.3% throughout the forecast period. This is attributable to rising [need to facilitate rapid communication and optimized energy](https://www.financedigest.com/swedish-energy-minister-need-to-decouple-gas-from-electricity-price.html "Swedish energy minister: need to decouple gas from electricity price") consumption. Recently, various enterprises have taken initiatives to expand and modernize their communication infrastructure. The [industrial end-user segment is anticipated to expand at a significant CAGR during the forecast period, due to increasing penetration of portable computing devices and rising dependency of multiple industrial sectors on cloud applications](https://www.financedigest.com/application-security-in-the-finance-industry-what-you-should-know.html "Application Security in the Finance Industry: What You Should Know").

Furthermore, increasing focus on IoT ( [Internet of Things](https://www.financedigest.com/2017-the-year-of-the-internet-of-some-things.html "2017 – The year of the Internet of ‘SOME’ Things")) applications is anticipated to fuel the demand for high-bandwidth telecommunication infrastructure in the IT & telecommunication industry in the next few years. This, in turn, is anticipated to fuel the structured cabling [market during the forecast](https://www.financedigest.com/plant-based-vaccines-market-new-era-of-industry-forecast-2021-2031.html "Plant-based Vaccines Market New Era of Industry & Forecast 2021-2031") period.

Geographically, the global [structured cabling market](https://www.financedigest.com/fluid-bed-and-coating-system-market-cost-structure-growth-opportunities-2022.html "Fluid Bed and Coating System Market Cost Structure, Growth Opportunities 2022") has been divided into five major regions. These include North America, Europe, Asia Pacific, South America, and Middle East & Africa. In 2017, North America was the leading region of the [global market](https://www.financedigest.com/brexit-bull-markets-and-the-global-stage-2017-predictions-from-easymarkets.html "Brexit, bull markets and the global stage – 2017 predictions from easyMarkets "), followed by Europe. Demand for structured cabling is the maximum in North America, due to growth of the IT & telecom industry in the region. The large number of wire and cable shipments to electric utilities in the region is boosting the structured cabling market in North America. Furthermore, the U.S. Government has commissioned several studies to explore methods for upgrading the existing infrastructure.

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The U.S. held a leading share of the North America market in 2017. The [market in the country is estimated to expand at the maximum CAGR during the forecast period](https://www.financedigest.com/wood-preservative-coatings-market-expected-at-a-cagr-of-6-2-us-125-bn-during-the-forecast-period-2017-2027.html "Wood Preservative Coatings Market   expected at a CAGR of ~ 6.2% & US$ 125 Bn during the forecast period 2017–2027"). The structured cabling [market in Europe is anticipated](https://www.financedigest.com/turpentine-market-anticipated-to-exceed-us-1-51-bn-by-2028-fmi.html "Turpentine Market anticipated to exceed US$ 1.51 Bn by 2028 – FMI") to expand at a significant CAGR during the forecast period, due to advancements in the field of logistics & transportation in the region. The structured cabling [market in Asia Pacific is expected](https://www.financedigest.com/organic-beef-meat-market-expectations-growth-trends-highlighted-until-2027.html "Organic Beef Meat Market Expectations & Growth Trends Highlighted Until 2027") to expand at the maximum CAGR of 7.9% during the forecast period. [Rapid growth](https://www.financedigest.com/synapse-appoints-new-finance-and-operations-manager-to-support-the-rapid-growth-of-the-business.html "Synapse appoints new Finance and Operations Manager to support the rapid growth of the business") of the IT industry in Asia Pacific has had a significant positive impact on the demand for mechanical cable accessories in the region. In addition, rapid [pace of urbanization and growth](https://www.financedigest.com/uk-recruiters-slow-pace-of-pay-growth-in-march-rec-survey-shows.html "UK recruiters slow pace of pay growth in March, REC survey shows") of public, private, and residential sectors in Asia Pacific are leading to increasing construction of residential and commercial buildings and new power transmission lines in the region. This, in turn, is boosting the demand for structured cabling in the region. Rapid industrialization in developing countries of the region drives the demand for structured cabling for use in industrial machinery in Asia Pacific.

**ABB Ltd.,** **The Cabling Company Group,** **Belden Inc.,** **CommScope, and Corning, Inc. likely to** [continue to lead the global structured cabling market](https://www.financedigest.com/uk-housing-market-weakness-continues-improvement-on-the-horizon-rics.html "UK housing market weakness continues, improvement on the horizon – RICS")

The company profiling of [key players operating in the global structured cabling market](https://www.financedigest.com/hitting-marketing-kpis-how-webinars-have-become-a-key-part-of-the-finance-industry.html "Hitting marketing KPIs: How webinars have become a key part of the finance industry") includes company overview, major business strategies adopted, SWOT analysis, and revenues for years from 2015 to 2017. Key players profiled in the [report on the global structured cabling market](https://www.financedigest.com/gypsum-market-to-reach-usd-7-4-bn-by-2031-comprehensive-research-report-by-fmi.html "Gypsum Market to reach USD 7.4 Bn by 2031 – Comprehensive Research Report by FMI") are ABB Ltd., The Cabling Company Group, Belden Inc., CommScope, Corning, Inc., Dätwyler Cabling Solutions AG, Legrand, Nexans, Schneider Electric SE, and TE Connectivity Ltd. Several players are introducing technologically advanced products and entering into partnerships with other players owing to the [rising need](https://www.financedigest.com/inflation-is-on-the-rise-you-need-a-bookkeeper.html "Inflation Is On The Rise, You Need A Bookkeeper") for infrastructure development.

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