The global structured cabling market is primarily driven by increasing demand for higher bandwidth
globally. High bandwidth is most important for applications such as
video calling, faster data transmission, online gaming and file
downloading among others. Thus with the increase in the number of
internet users, the demand for high bandwidth is expected to increase
considerably across different commercial, industrial and IT
(information technology) sectors.
According to the United Nation’s
International Telecommunications Union, the number of internet users
worldwide was estimated to be around 3 billion in 2014. This number
is expected to increase considerably in the coming years and in line
with this, structured network demand over corporate sector is also
expected to increase through forecast period. This in turn triggers
the need of advanced structured cabling solution globally. In
addition, the need for modernization and expansion of communication
network adopted by different enterprises is also expected to
accelerate the demand for structured cabling globally.
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The global structured cabling
market is segmented on the basis of solution type, application and
geography. By application, the structured cabling market has been
segmented into commercial, residential, government, industrial and
transportation. On the basis of solution type, structured cabling
market is segmented into hardware, software and service.The hardware
segment is further segmented into fiber cable, racks and cabinets,
copper cable and patch panel and cross connects. By geography, the
structured cabling market has been classified into: North America,
Asia Pacific, Europe and Rest of the World (ROW).
Among the different solution type
of structured cabling, hardware segment held the largest market share
with 89.0% share in 2014. The hardware segment is mainly driven by
copper cable. However, across the different applications of
structured cabling, the residential sector is expected to be the
fastest growing market during the forecast period. The modular design
of structured cabling is very flexible and supports future up
gradation where new cable structure can be added or move without any
new modification in the cabling infrastructure. This makes it most
suitable for residential purpose and thus results in higher adoption
of structured cabling infrastructure in the residential sectors. By
geography, North America held the largest market share in structured
cabling market and accounted for 38.8% market share in 2014. Being a
mature market owing to high penetration level, the structured cabling
market in North America is predicted to experience sluggish growth in
the coming years. Europe held the second largest market share in the
global structured cabling market. Initiative taken by European
Commission to reduce carbon emission and electricity consumption is
also responsible for the robust growth of structured cabling market
in Europe during the forecast period.
Some of the major market players
operating in the structured cabling market are: Legrand SA (France),
Belden Inc. (US), CommScope Holding Company Inc. (Carolina),
Schneider Electric SE (France), and Corning Inc. (New York) among
others.
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