Structured Cabling Market

The Structured Cabling Market is expected to grow from USD 13.4 Billion in 2026 to USD 18.9 Billion by 2033, reflecting strong industry expansion and registering a CAGR of 5.0% during the forecast period from 2026 to 2033.

Rapid Smart City Developments Likely to Push Growth Prospects for Structured Cabling Market

Due to the rising demand for higher bandwidth and better transmission rates, copper-structured cabling is the primary factor driving the market expansion. The government's ambitions to create 100 smart cities, free Wi-Fi at train stations, and rising demand for intelligent buildings contribute toward the expansion of structured cabling market. Structured cabling solutions will be more in demand as smart city initiatives proliferate, enhancing data transfer procedures. Intelligent connected data communication, archiving, and analytics solutions are being integrated into smart cities worldwide. Businesses and government agencies are collaborating to install smart solutions. For instance, Oracle Corporation and Mishima City inked a contract in July 2021 to collaborate on smart city efforts in Japan. With the aid of various technological solutions, including Cloud solutions, M2M solutions, and connectivity solutions, which enable high control and efficiency in data transfer activities, smart cities are being developed in the market. These cities provide information about infrastructure and provide authorities with insights. This will increase demand for data processing and storage facilities, driving the growth of structured cabling market.

The demand further rises as mobile technologies become more ubiquitous and mobile Internet adoption soars globally. In 2021, 4.2 billion people worldwide will have access to the Internet via a mobile device, which is expected to rise quickly, according to GSMA Intelligence research. Potential product demand is anticipated as Internet usage increases, and broadband infrastructure becomes more widely available for improved Internet connectivity.

Structured Cabling Market: COVID-19 Impact

The COVID-19 pandemic had a major effect on the global advanced technology industries. The availability of raw materials for the electronics sector has been adversely affected by the COVID-19 outbreak. Due to the closing of manufacturing plants, the global value chains for telecom and electronics components have been affected. Global economic production decreased by -3.3% in real terms in 2020, according to the World Economic Outlook for 2021, due to sharp declines in international trade, transportation, electronics, energy, and other sectors. Additionally, because of the COVID-19 epidemic, many government agencies and electronics manufacturing firms have ceased operations.

Growing Broadband Infrastructure Development to Fuel Strcutured Cabling Market Growth

The demand for cabling solutions has increased due to expanding broadband infrastructure projects and increasing international government programs to create smart cities. These hardware devices, along with the cabling they support, enable real telecommunication companies by making it easier to establish broadband connections. Broadband Internet connectivity via a cabling and computer network, data transmission, and telephonic services are just a few of the many applications for this cabling. The global structured cabling market has grown due to increased investments made by major companies in creating broadband connections around the world. The World Economic Forum estimates that the cost of investing in broadband connectivity to connect the entire world's population to the Internet by the year 2030 will be close to US$428.0 Bn. Potential demand for the product is anticipated with such a rise in global assets.

Rising Adoption of 5G, Edge Computing, and Advanced Applications to Collectively Drive Strcutured Cabling Market Growth

Growing demand for 5G, Wi-Fi 6, and high-speed connectivity is accelerating the growth of the global market. Additionally, growing 5G and wireless technology adoption and investment across the globe support market expansion. The International Telecommunication Union (ITU) estimates that due to the increasing use of wireless devices and 5G technologies, investment in wireless technologies in the US will reach over US$600 Bn in 2020. Enterprise adoption and investment in 5G technologies, edge computing, and a spike in cloud computing are all on the rise. For instance, Lumen Technologies intended to invest in edge networking in July 2022 to develop and grow its edge computing solutions across Europe. For companies needing high bandwidth and data-intensive applications, the company sought to facilitate cloud computing and edge computing low latency platforms. Global investments in edge computing, cloud computing, and 5G wireless technologies will likely rise, providing room for industry expansion. In many organizations, it is utilized to improve Internet connectivity. 5G networks and edge computing networking applications need cabling for enhanced Internet connectivity. Globally increasing investment in these technologies is anticipated to fuel the expansion of structured cabling market.

Lack of Adoption for Smaller Server Rooms Applications to Limit Structured Cabling Market Growth

Since structured cabling tends to be more for infrastructure purposes, it is not perfect for small-scale industrial, commercial, and domestic server room applications. Additionally, the availability of alternate cabling solutions for applications in tiny server rooms restricts the growth of structured cabling market. Rack-level management renders are an option, and other cabling solutions are more practical for network applications of the contemporary scale that restrain the progress of structured cabling market.

With Rising Investment by Major Players, Copper Cable Remains Dominant in Structured Cabling Market

Based on product type, the structured cabling market is segmented into the copper cable (shielded twisted pair (STP), foil-screened twisted pair (FTP), unshielded and twisted pair (UTP)), fiber cable (multi-mode (MM) fibers single-mode (SM) fiber), copper component (cooper outlets, copper patch panel ports and copper patch cords) and fiber components (fiber patch panel ports, fiber outlets and fiber patch cords). The copper cable category dominated the market over the forecast period because the major players are investing more money to build digital infrastructures worldwide. For instance, ABB India Ltd. will officially open its Gujarat, India, manufacturing for Digital Systems and Substation Products in April 2022. With this expansion, the company doubled the size of its production facility, which now occupies 55 acres of land. Additionally, due to the rapid growth of 5G networks and broadband connections made possible by fiber optic cables, the fiber cabling market is predicted to experience the highest CAGR during the forecast period. These are the practical answers to the expanding global infrastructures for Internet connectivity.

With Unprecedented Expansion of LAN Internet Access, Industrial Sector Remains Key End User Category in Structured Cabling Market

Based on end use, the structured cabling market is segmented into telecommunication, commercial, government, and industrial. The industrial category held the largest revenue share in structured cabling market in the year 2021 and is anticipated to increase significantly over the next several years. This is mostly due to the expansion of local area network Internet access and the increase in funding for 5G network construction. For instance, the GSMA Intelligence Report in 2021 projects that between 2022 and 2025, investments in upgrading 5G infrastructures will total US$600 Bn. Additionally, the industrial scope includes the automotive, IT and telecommunications, military and defense, energy and utilities, oil and gas, and other sectors (healthcare). Due to increased investments in cloud infrastructure and data centers brought on by a surge in the adoption of digitalization techniques, the industries are predicted to have the highest rate. Furthermore, during the projection period, the commercial segment is anticipated to expand at a moderate rate, attributing to the increase in demand across telecommunications, securities, and commercial audiovisual platforms. The retail end users favour this standardized wiring since it is safer, more economical, and more connected.

North America Dominant in Structured Cabling Market with Ascending Investments in 5G, Broadband, and Communication Infrastructure Development Projects

Over the forecast period, it is anticipated that the North American structured cabling market will account for the largest revenue share due to increased investment by the key participants in projects to develop the region's 5G, broadband, and communication infrastructure. The USDA anticipated investing about US$635 Mn through the ReConnect Program in 2021 to create the infrastructure for data centers across the country. The expansion of broadband connections and the installation of data centers are driving the market ahead. The region's rapid expansion can also be ascribed to the densely populated manufacturing and telecommunications sectors, which heavily utilize structured cabling networks. Additionally, technical proliferation increased acceptance of fiber optic cables, high penetration of digital services, and early adoption of innovative technologies in many verticals such as government, residential and commercial, and transportation and logistics have stimulated the expansion of structured cabling market.

The European structured cabling market is anticipated to experience stable revenue growth throughout the forecast period. The development of structured cabling market across the region is anticipated to be aided by crucial elements such as government measures to promote digitalization, sophisticated infrastructure, an ageing population, rapid adoption of smart devices, and investments in cloud, and IoT technologies. China, and Japan, two developing nations, are leading the Asia Pacific region. The number of broadcast activities is increasing as Internet usage increases in these nations. Throughout the projected period, this is thus anticipated to boost structured cabling market in the region. India, China, Japan, and Singapore are among the Asia Pacific nations making large investments in smart city initiatives to boost their economies. For instance, the Indian government has allotted approximately US$27 Bn for the Smart City Mission, and approximately US$23.29 Bn have been tendered, according to a report from the India Brand Equity Foundation published in March 2021. As the industry is heavily utilized for developing smart city technology, it is anticipated that such significant investments for smart city project deployments around the globe will create adequate potential for expansion of structured cabling market.

Global Structured Cabling Market: Competitive Landscape

Key Players

• ABB Ltd
• Belden Inc.
• CommScope Holding Company, Inc.
• Corning Incorporated
• Furukawa Electric Co., Ltd.
• Legrand SA
• Nexans
• Schneider Electric
• Siemens AG
• TE Connectivity Ltd.

Competitive Landscape

Product Type Outlook  

• Copper Cables
• Fiber Optic Cables
• Others

Application Outlook  

• LAN
• Data Center

Vertical Outlook  

• Government
• Industrial
• IT & Telecommunication
• Residential & Commercial
• Others

Regional Outlook 

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa (MEA)