Structured Cabling Market Size Report, Share, Analysis & Forecast 2031

[Research Report] The structured cabling market is expected to grow from US$ 10.93 billion in 2022 to US$ 19.68 billion by 2031; it is estimated to grow at a CAGR of 7.6% from 2022 to 2031.

Analyst Perspective:

The growth of data centers and technology-driven industries propelled the need for power and control cables to ensure uninterrupted power supply and data transmission. The cables are crucial to maintain the functioning of critical infrastructure. As the demand for data storage and processing continues to rise, more data centers are being built. These facilities require extensive power and control cable systems to distribute electricity and manage various systems and equipment. Modern data centers are designed to accommodate high-power-density servers and equipment. This generates a huge scope for power cable systems capable of handling larger electrical loads safely and efficiently. Lately, several data centers have been installed. In June 2023, PT ST Telemedia Global Data Centers (Indonesia) or PT STT GDC Indonesia, a leading data center provider, officially launched its first data center facility, STT Jakarta 1, in Bekasi, Jawa Barat. The data center campus will support up to 72 megawatts (MW) of critical IT capacity, with STT Jakarta 1 supporting up to 19.5 MW. Additionally, in February 2023, AWS announced the AWS Modular Data Center for the US Department of Defense Joint Warfighting Cloud Capability. The installations of data centers with high power density and critical capacities require power cables. Therefore, the growing data center industry relies heavily on hardware offered by structured cabling market players to ensure reliable, efficient, and safe operations. As data centers evolve and expand, the demand for these structured cabling solutions is expected to increase significantly in the coming years.

Market Overview:

A structured cabling system provides an infrastructure for telecommunications and serves a wide range of uses, such as transmitting data through a network or providing telephone service. In telecommunications, structured cabling is referred to as cabling infrastructure found in buildings that contain subsystems, such as optical cabling, twisted pair, patch cables, and others. Installers of structured cabling generally follow a set of standards when wiring data or voice communications for industrial, commercial, or residential spaces. The standards define how the technician is required to lay the cabling and how to patch the outlet into a network switch. The pandemic started a fundamental shift in how enterprises operate. While several enterprises have returned to the traditional ways of people working on-site, other enterprises have continued with remote working. Additionally, the rapid adoption of Industry 4.0 and digital transformation have led to a massive rise in data generation. Such factors have led to tremendous growth in the IT and telecommunications industry, boosting the requirement for structure cabling, and promoting structured cabling market growth.

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Structured Cabling Market: Strategic Insights

Structured Cabling Market

• Market Size 2023
  US$ 11.76 Billion
• Market Size 2031
  US$ 21.13 Billion

Market Dynamics

GROWTH DRIVERS

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FUTURE TRENDS

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OPPORTUNITIES

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Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Component

• Hardware and Software & Service

Network Type

• Local Area Network and Wide Area Network

Cable Type

• 5E
• 6
• 6A

End Use

• Government & Defense
• Healthcare
• IT & Telecom
• Manufacturing
• Residential & Commercial Buildings
• Transportation

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Market Driver:

Construction of New Data Centers is Driving the Growth of the Structured Cabling Market

Different industry verticals are adopting digital transformation at a rapid pace. It is leading to the growing demand for managed services and cloud. Such trends are necessitating the requirement for advanced data centers across the globe, offering better capacity in a cost-effective and energy-efficient manner. Thus data centers and enterprises are moving away from legacy networks and are looking for structured cabling offerings that can offer greater bandwidth, connectivity, architecture, scale, and security. With the fast-growing demand for such data center applications, it has become crucial to choose the right cable design for sustaining current and future requirements. Advanced cabling solutions are being designed by structured cabling market players for high data transmission, elevated agility, and flexibility to ease the adoption of cloud and digital solutions by service providers and enterprises seamlessly. Hence, the number of data centers is rising at a tremendous pace across the globe. For instance, in December 2023, Scala Data Centers started operating its first data center named SPOAPA01 with an IT capacity of 4.8MW in Porto Alegre, Brazil. The new data center was constructed for an investment of US$ 48.0 million is expected to be dedicated to hyperscale customers, and will be completely powered by certified renewable energy.

Segmental Analysis:

The structured cabling market is segmented by component, network type, cable type, and end-user industry. Based on the component, the structured cabling market is segmented into hardware and software & service. Based on network type, the structured cabling market is bifurcated into local area network (LAN) and wide area network (WAN). Based on the cable type, the structured cabling market is segmented into 5E, 6, 6A, and Others. Based on end use, the structured cabling market is segmented into government & defense, healthcare, IT & telecom, manufacturing, residential & commercial buildings, transportation, and others. By geography, the structured cabling market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM).

Regional Analysis:

The North American structured cabling market was valued at US$ 3.93 billion in 2022 and is projected to reach US$ 6.69 billion by 2031. The structured cabling market in the region is expected to grow at a CAGR of 6.9% during the forecast period.

The manufacturing industry in North America is changing quickly, and digitalization is making it easier to install automation solutions. Industrial networking plays an important role in today's manufacturing control systems. Manufacturing facilities need industrial networking to control machines, plants, and power distribution. The communication interface for industrial networking is essential for any automation system architecture as it provides powerful data exchange, controllability, and flexibility to connect various devices. Rising adoption of advanced technologies and machines, such as Industrial IoT, automated machines, and additive manufacturing with the rising deployment of industrial 4.0, automation, and increasing digitalization, the requirements for industrial communications networks are rising continuously, which is driving the growth of industrial networking in the US. The high rate of automation adoption across the country across all industries is attributed to the market's growth. For instance, food and beverage manufacturing giants such as PepsiCo and Nestle have adopted several advanced technologies to automate their production processes such as manufacturing, assembling, and packing their products. These investments have increased the demand for connected devices across the factories. Thus, all the above factors are fueling the structured cabling market growth in North America.

Key Player Analysis:

ABB Ltd, Belden Inc, CommScope Holding Inc, Furukawa Electric, Legrand SA, Nexans SA, Panduit Corp, Schneider Electric, Siemens AG, and The Seimon Company are among the key structured cabling market players. These structured cabling market players are focused on continuous product development and innovation.

Recent Developments:

Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the structured cabling market. A few recent structured cabling market developments are listed below: 

• In September 2023, Excel Networking Solutions, a leading infrastructure provider launched a new range of structured cabling products appropriate for external infrastructure installations. The new range includes a unique Category 6A U/FTP S-Foil cable containing a double sheath with a polyethylene (PE) outer sheath for the external part of the installation.
• In January 2022, Panduit Corp launched RapidID Network Mapping System, an offering designed to reduce the time and cost of patch cord documentation by approximately half. Users or network engineers can utilize pre-labeled Panduit patch cords and the RapidID Bluetooth-enabled handheld scanner to easily, quickly, and more accurately place and trace cables.

Structured Cabling Market Report Scope