Global Structured Cabling Market Size & Outlook

Copper cables was the largest segment with a revenue share of 49.28% in 2023. Horizon Databook has segmented the Global structured cabling market based on copper cables, fiber optic cables covering the revenue growth of each sub-segment from 2017 to 2030.

Because of the growing proliferation of the internet in urban and remote areas, the demand for faster transmission is necessitated worldwide. Internet and network connectivity are turning out to be very important for the growth of a business or an organization. High-speed internet is an essential aspect for millions of people worldwide for faster connections for household or commercial purposes.

Even simple surfing and email exchanges require 2 MBPS speed, and standard video streaming needs a minimum of 3 MBPS speed without distortions. The surging demand for faster internet connections has led to the rising need to speed up the connections worldwide. Since the introduction of the World Wide Web (www) in the late 20th century, internet speed has revolutionized from 2G, 3G, 4G, and the launch of 5G is expected sooner in the coming years.

The global average broadband internet speed from May 2018 to May 2019 was anticipated to be 11.03 MBPS, whereas it was comparatively slow in previous years. According to the Internet & Television Association (NCTA), the global average speed of the internet in 2021 was 113 MBPS. Network operators are continually updating their services and speed connections to provide a competitive edge to the other operators in the business. For instance, Corning Inc., a supplier of optical communications solutions, introduced Corning SMF-28 Contour optical fiber in June 2021.