Latin America Structured Cabling Market Size & Outlook
Latin America structured cabling market, 2017-2030 (US$M)
Related Markets
Latin America structured cabling market highlights
- The Latin America structured cabling market generated a revenue of USD 1,110.2 million in 2023.
- The market is expected to grow at a CAGR of 11.1% from 2024 to 2030.
- In terms of segment, copper cables was the largest revenue generating product in 2023.
- Fiber Optic Cables is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,110.2 million |
| Market revenue in 2030 | USD 2,314.7 million |
| Growth rate | 11.1% (CAGR from 2023 to 2030) |
| Largest segment | Copper cables |
| Fastest growing segment | Fiber Optic Cables |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Copper Cables, Fiber Optic Cables |
| Key market players worldwide | ABB Ltd, Belden Inc, CommScope Holding Co Inc, Corning Inc, Furukawa Electric Co Ltd, Legrand SA, Nexans, Schneider Electric SE, Siemens AG |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.8% of the global structured cabling market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,795.8 million by 2030.
Copper cables was the largest segment with a revenue share of 51.52% in 2023. Horizon Databook has segmented the Latin America structured cabling market based on copper cables, fiber optic cables covering the revenue growth of each sub-segment from 2017 to 2030.
In June 2020, Seaborn, the U.S. submarine telecoms network provider, tapped Brazil’s ODATA data centers to enable the expansion of its PoP (Point-of-Presence)in Brazil. Under the agreement, the ODATA datacenter in São Paulo would host Seaborn system and act as an interconnection point for the Seabras-1 submarine cable between São Paulo and New York.
In January 2020, Mexico’s state power utility CFE selected Prysmian S.p.A, Italian cabling and fiber optics company, to deploy a fiber-optic network connectivity project worth USD 38 million.
This project contract comprises the design, supply, and installation of approximately 5,100fkm of ADSS cables and 9,800fkm of OPGW cables to provide high-speed broadband to 52 remote localities.
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Structured Cabling Market Scope
Structured Cabling Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America structured cabling market size, by country, 2017-2030 (US$M)
Latin America Structured Cabling Market Outlook Share, 2023 & 2030 (US$M)
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