Market revenue in 2023 | USD 778.6 million |
Market revenue in 2030 | USD 1,557.1 million |
Growth rate | 10.4% (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 |
Copper cables was the largest segment with a revenue share of 52.56% in 2023. Horizon Databook has segmented the Middle East & Africa structured cabling market based on copper cables, fiber optic cables covering the revenue growth of each sub-segment from 2017 to 2030.
In November 2020, Google LLC laid the foundation for grid optical fiber, which will connect Israel to Saudi Arabia and will bring a new path for global Internet traffic. In November 2020, an Israeli project to build a cable car in East Jerusalem has been approved.
This project is objected towards ferrying visitors from Western Jerusalem to the Western Wall. Such developments are anticipated to boost the structured cabling market’s growth in the MEA regional market.
In May 2020, Facebook joined forces with China Mobile Limited, among other telecom carriers, to build a giant subsea cable. This subsea cable is anticipated to help bring faster and more reliable internet across Africa.
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