Global Structured Cabling Market By Product (Copper Cable, Fiber Optic Cable, and Others), Cable Type (Category 5E, Category 6, Category 6A & Others), Application (Residential, Commercial, Government, and Industrial) and Region - Market Share, Trend Analysis, Competitive Intelligence, Historical Data, and Forecast 2023 - 2030

Market Perspective

The global Structured Cabling Market was valued at USD 13.65 billion in 2022 and is projected to reach USD 21.84 billion by 2030, growing at a CAGR of 5.56% from 2023 to 2030.

The market for structured cabling is experiencing significant growth due to its increasing adoption in various commercial, industrial, and residential applications for high-speed networks. This trend is expected to continue in the coming years. The need for faster and continuous data transfer, particularly for real-time data exchange, is expected to emerge across different industries. This demand is being driven by the growing use of advanced internet protocol (IP) technologies such as Voice over IP (VoIP), IP-based security systems, and IP videoconferencing, which require the convergence of data, voice, and video signals.

The global structured cabling market is likely to be fueled by the rapidly expanding IT & telecom sector and the increasing demand for high bandwidth through the forecast period. The growth of data centers and the need for high-speed connectivity devices and systems are expected to drive the trend of data center convergence. The market for structured cabling is also expected to grow as more investments are made in communication infrastructure development. The increasing demand for converged data center solutions is driven by the rapid expansion of communication infrastructure. Additionally, the need for infrastructure upgrades is rising due to the growing number of telecom subscribers requiring constant high-speed internet connections. These factors contribute to the expansion of the structured cabling market.

Key Insights

• Based on product, the copper cable segment acquired the largest market share in 2022
• Based on cable type, the category 6A segment captured the largest industry share in 2022
• Based on application, the commercial segment acquired the largest market share in 2022
• On the basis of region, North America accounted for the largest market share in 2022

Increasing Demand for High-Speed Connectivity Devices Systems to Drive Market Growth

The global structured cabling market is experiencing growth due to the increasing demand for high bandwidth and the adoption of high-speed connectivity devices and systems. Businesses require the sharing of large amounts of data, leading to the deployment of high-speed networking devices to streamline data flow. Furthermore, the widespread use of digitization has resulted in the generation of massive data volumes.

The industrial sector is witnessing increased usage of cloud computing and expansion in the Internet of Things (IoT), which are major drivers of the global industrial IoT market. These factors contribute to the growth of the global structured cabling market, as businesses seek to support the increasing demand for high-speed data transfer and enable seamless connectivity for their operations. The adoption of structured cabling solutions is essential to meet the requirements of data-intensive activities and to accommodate the expanding digital landscape. As a result, the market for structured cabling is expected to continue to expand in response to the growing need for efficient data sharing and connectivity across industries.

Emergence of Wireless Technologies Hinders Market Expansion

The emergence of wireless technologies is acting as a restraint on structured cabling. As wireless technology continues to advance and become more prevalent, businesses and organizations are increasingly relying on wireless connections for their networking needs. This shift toward wireless connectivity is reducing the demand for traditional structured cabling systems. Wireless technologies offer convenience, flexibility, and mobility, allowing users to connect to networks without the need for physical cables. With the advent of Wi-Fi, Bluetooth, and other wireless protocols, many devices can now communicate seamlessly without the constraints of physical cabling.

Recent Developments

July 2023: CommScope made a strategic investment of $60.3 million to expand its fiber cable manufacturing facility in North Carolina. This investment demonstrates CommScope's commitment to providing reliable and high-speed internet connectivity to areas that have traditionally been underserved in terms of broadband services.

January 2022: Panduit Corp introduced the RapidID network mapping system, designed to automate and streamline the time-consuming and error-prone process of cable documentation. The purpose of this system is to minimize the risk of network outages by reducing human error and improving efficiency.

Segmentation Analysis

Based on product, the market is categorized into copper cable, fiber optic cable, and others. The copper cable segment garnered the highest revenue in 2022 due to the rising demand in IT companies contributing to the growth of the structured cabling market. Copper cables are preferred in the structured cabling industry due to their ability to provide reliable transmission of data and support high bandwidth requirements. As IT companies generate and process large amounts of data, the need for efficient and robust cabling infrastructure becomes crucial. Moreover, this growth is driven by factors such as the rising need for higher bandwidth, rapid digitization, and the construction of data centers. For instance, in April 2022, ABB India opened its expanded Digital Substation Products and Digital Systems factory in Vadodara, Gujarat. This facility catered to the increasing demand for digital substation products and solutions in India and over 50 countries.

Based on cable type, the market is categorized into category 5E, category 6, category 6A, and others. The category 6A segment captured the largest industry share in 2022 due to its growing popularity among companies for cabling purposes. With the increasing demand for high-performance networks and the need to support advanced applications like IoT, Wi-Fi 6/6E/7, and four-pair PoE, category 6A cables offer reliable network performance and superior noise immunity. They provide the necessary bandwidth and support for efficient data transmission, making them the preferred choice for organizations looking to enhance their network infrastructure. The growing preference for category 6A cables reflects the industry's recognition of their capabilities and their ability to meet the evolving connectivity requirements of businesses.

Based on application, the market is categorized into residential, commercial, government, and industrial. The industrial segment held the largest revenue share in 2022 driven by increasing usage in IT & telecommunications industry. This can be attributed to the growing number of subscribers in the telecommunications sector who are seeking high-speed internet connectivity. Additionally, the emergence of technologies like 5G, artificial intelligence, and the Internet of Things is driving the need for data center operators to continually evolve their infrastructure. The IT industry is witnessing a shift toward advanced structured cabling solutions that can support the increasing data requirements and ensure seamless connectivity for businesses in the IT & telecommunications sector.

North America Held the Largest Region in 2022 Owing to Increased Investment in Advanced Technologies

North America segment held the largest market share in 2022 due to the significant investments made by key players in developing the region's 5G, broadband, and communication infrastructure. In 2021, the USDA announced plans to invest approximately USD 635 million through the ReConnect Program to build data center infrastructure across the United States. This increased investment in data centers and broadband connections is driving regional market growth. Furthermore, the growth of smart cities projects and the adoption of smart home infrastructure in emerging countries are also contributing to the expansion of the global structured cabling market. The presence of key players in the region is further fueling the growth of structured cable products and solutions.

Asia Pacific is predicted to Anticipate the fastest-growing region Owing to the Rapid Digitalization Across Industries

Asia Pacific region is expected to experience significant growth driven by the rapid digitalization across various industries and the region's large population. The integration of devices with the Industrial Internet of Things (IIoT) in smart factories is becoming increasingly prevalent. IIoT systems provide valuable data that enables proactive issue prevention and optimization of factory operations, leading to improved industrial safety, efficiency, and productivity. The industrial development and adoption of Industry 4.0 are driving the installation of connected equipment and structured cabling, further fueling the growth of the Asia Pacific market.

Competitive Landscape

The global structured cabling is fragmented with key players such as CommScope, Inc., Corning Incorporated, Legrand, NEXANS, Panduit, Belden Inc., R&M, FURUKAWA ELECTRIC CO., LTD, Schneider Electric, Siemon, and TE Connectivity, among others. Companies employ a variety of strategic measures such as acquisitions, mergers, partnerships, product introductions, and collaborations to expand their business globally and enhance their competitive position.

The global structured cabling market is segmented as follows:

By Product

• Copper Cable
• Fiber Optical Cable
• Others

By Cable Type

• Category 5E
• Category 6
• Category 6A
• Others

By Application

• Residential
• Commercial
• Government
• Industrial

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • France
  • UK
  • Spain
  • Germany
  • Italy
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific
• Middle East & Africa
  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America