Structured Cabling Market Size

Market Size Snapshot

Note – Market size depicts the revenue generated over the financial year

In the year 2023, the world structured wiring market is expected to reach $21.59 billion, and is likely to rise at a CAGR of 6.28 percent. This growth trend reflects a high demand for structured wiring solutions, mainly due to the rising demand for high-speed data transmission, the expansion of data centers and telecommunications networks. The reliance of both the business and the individual on advanced communication solutions is growing, and the market for structured wiring is expanding. There are several reasons for this, including the increasing use of cloud computing, the Internet of Things (IoT) and smart building technology. These trends require reliable and efficient wiring systems that can support the growing amount of data traffic. In order to stay competitive in this market, leading companies such as CommScope, Belden Inc. and Legrand are investing in product development and strategic alliances. The recent collaborations, for example, which aim to integrate advanced fiber-optic technology into existing cable and wiring systems, illustrate the industry's commitment to meeting the changing demands for connectivity. These strategic initiatives will play an important role in shaping the future of structured wiring.

Regional Market Size

Regional Deep Dive

The global structured cabling market is experiencing significant growth across all regions, owing to the increasing demand for high-speed data transmission and the expansion of the telecommunications network. North America is characterized by the presence of advanced technological solutions and a strong presence of market leaders, while Europe is experiencing a rise in smart building initiatives and regulatory support for sustainable infrastructure. The Asia-Pacific region is growing at a fast pace and is characterized by the growing focus on urbanization and digitalization. The Middle East and Africa region is seeing increasing investments in telecommunications as a means of diversifying its economies. Latin America is slowly adopting structured cabling solutions, owing to the growing need for increased connectivity and the development of its telecommunications network.

Europe

• The European Union's Green Deal is promoting sustainable building practices, leading to increased demand for energy-efficient structured cabling solutions, with companies like Nexans and Prysmian Group at the forefront.
• Innovations in fiber optic technology are being adopted widely, with projects like the European Open Science Cloud enhancing connectivity and data sharing capabilities across research institutions.

Asia Pacific

• Rapid urbanization in countries like India and China is driving the demand for structured cabling solutions, with local companies such as Tejas Networks and Sterlite Technologies expanding their offerings.
• Government initiatives, such as Japan's Society 5.0, are pushing for advanced digital infrastructure, which is expected to boost the adoption of structured cabling systems in smart cities.

Latin America

• Brazil's National Broadband Plan is encouraging investments in structured cabling to improve internet access, with local firms like Oi and Vivo playing key roles.
• The increasing focus on digital transformation in the region is leading to a rise in demand for structured cabling solutions, particularly in urban centers.

North America

• The rise of 5G technology is significantly impacting the structured cabling market, with companies like Cisco and Corning leading the charge in developing solutions that support high-speed networks.
• Regulatory changes, such as the Federal Communications Commission's initiatives to enhance broadband access, are driving investments in structured cabling infrastructure across urban and rural areas.

Middle East And Africa

• The UAE's Vision 2021 is fostering investments in smart city projects, leading to increased demand for structured cabling solutions from companies like Du and Etisalat.
• Regulatory frameworks in South Africa are evolving to support telecommunications infrastructure development, which is expected to enhance connectivity and drive market growth.

Did You Know?

“Approximately 70% of all data traffic is expected to be transmitted over structured cabling systems by 2025, highlighting the critical role of this infrastructure in modern communication.” — International Data Corporation (IDC)

Segmental Market Size

The structured cabling market is a key segment of the telecommunications network. It is currently undergoing a period of sustained growth, largely driven by the increasing demand for high-speed data transmission and the growing market for smart building technology. The main reasons for this are the growing number of IoT devices, which require a more robust cabling solution, and regulations that promote greater digital connectivity in urban developments. Furthermore, the trend towards remote working is increasing the need for a reliable network in both commercial and residential buildings. The adoption of structured cabling is now in the implementation phase, with industry leaders such as Cisco and Panduit deploying advanced cabling solutions in a variety of industries, from healthcare to education. The main applications are data centres, enterprise networks and smart cities, where the efficient management of data is paramount. The need for greater energy efficiency and the drive towards greater sustainability is also boosting growth, as companies seek to reduce their carbon footprint. The development of fibre-optic cabling and PoE (power over ethernet) is shaping the evolution of the industry, enabling faster data transmission and simplifying the installation process.

Future Outlook

The structure of the market is expected to increase from $ 14.89 billion in 2023 to $ 21 billion in 2030, with a CAGR of 6.28%. The growth is driven by the increasing demand for high-speed data transmission and the proliferation of smart technology in various industries, such as telecommunications, IT and commercial real estate. The number of structured cables will also increase with the increasing demand for digital transformation in companies. In addition, the development of 5G and the application of the Internet of Things will increase the demand for smart cable systems. Also, the increasing energy efficiency and sustainable development of cable systems will lead to innovations in cable materials and installation methods. Artificial intelligence and the shift to a modular cable system will further change the competitive landscape, enabling companies to optimize their operations and reduce costs. The market will be influenced by these dynamic factors and the increased importance of connecting and speeding up.