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What are Major Factors Driving Growth of Structured Cabling Market?

 Essentially, the increasing demand for high bandwidth, owing to the rising internet penetration, is expected to drive the structured cabling market at a CAGR of 3.9% during the forecast period (2020–2030). The market stood at $7.4 billion in 2019, and it is projected to reach $9.6 billion in 2030. Business organizations across the world are opting for structured cabling to improve their operations, as it allows a high bandwidth. Enterprises are focusing on modifying their IT infrastructure due to the rising use of bandwidth-intensive applications, including internet protocol (IP)-based videoconferencing, voice over IP (VoIP), and digital audio and video.

In the coming years, the industrial sector will adopt structured cabling at the fastest pace due to the escalating usage of cloud services and burgeoning demand for industrial automation. The soaring need for industrial automation has widened the scope for the internet of things (IoT) technology, which requires a robust IT infrastructure, which can be provided by structured cabling. Apart from the industrial sector, the commercial, telecommunication, and government sectors also use structured cabling to smoothen their operations.


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Products such as shielded-twisted-pair (STP), unshielded-twisted-pair (UTP), and foil-screened-twisted-pair (FTP) copper cables; single-mode (SM) and multi-mode (MM) fiber cables; copper patch cords, copper outlets, and copper patch panel ports; and fiber patch cords, fiber outlets, and fiber patch panel ports are used to lay structured cabling for LAN and data centers. According to P&S Intelligence, copper cables were the most widely used products in the past because of their low price and extra cost attached to fiber-cable infrastructure.

Globally, Asia-Pacific (APAC) generates the highest revenue, and it is expected to register the fastest growth in the structured cabling market. This can be attributed to the growing demand for higher bandwidth in South Korea, China, and Japan, owing to the mounting number of IT hubs in these countries. Besides, the technological advancements in the 4G and 5G technologies are creating a larger demand for higher bandwidth, which will be fulfilled by structured cabling. Moreover, the booming population and mushrooming data consumption will steer the market growth in APAC in the coming years.

Thus, the spurring demand for hassle-free IT infrastructure in various sectors and increasing requirement for higher bandwidth will augment structured cabling adoption worldwide.

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