South Korea Structured Cabling Market Size & Outlook
The structured cabling market in South Korea is expected to reach a projected revenue of US$ 979.6 million by 2030. A compound annual growth rate of 13.6% is expected of South Korea structured cabling market from 2024 to 2030.
Revenue, 2023 (US$M)
$401.8
Forecast, 2030 (US$M)
$979.6
CAGR, 2024 - 2030
13.6%
Report Coverage
South Korea
South Korea structured cabling market, 2017-2030 (US$M)
Related Markets
South Korea structured cabling market highlights
- The South Korea structured cabling market generated a revenue of USD 401.8 million in 2023 and is expected to reach USD 979.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 13.6% 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.
Structured cabling market data book summary
| Market revenue in 2023 | USD 401.8 million |
| Market revenue in 2030 | USD 979.6 million |
| Growth rate | 13.6% (CAGR from 2023 to 2030) |
| Largest segment | Copper cables |
| Fastest growing segment | Fiber Optic Cables |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Korea accounted for 3.5% of the global structured cabling market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China structured cabling market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 642.3 million by 2030.
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Structured Cabling Market Scope
Structured cabling market segmentation & scope
Structured Cabling Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea structured cabling market size, by product, 2017-2030 (US$M)
South Korea Structured Cabling Market Outlook Share, 2023 & 2030 (US$M)
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