Structured Cabling Market: Potential Growth, Attractive Valuation Make It Is A Long-Term Investment 2018 - 2026
The global structured cabling market was valued at US$ 7,172.5 Mn in 2017 and is anticipated to register a stable CAGR of 7.2% during the forecast period, according to a new report published by Transparency Market Research (TMR) titled ‘ Structured Cabling Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026. ’ Increasing demand for high bandwidth and expansion and modernization of communication infrastructure fueled by economic growth have driven the global structured cabling market. The market in North America is expanding at the maximum CAGR of 7.1%, owing to technological innovations and presence of a large number of players in the region. Hardware segment to drive the structured cabling market Expanding cable network fueled by rise in modernization of infrastructure in developing economies is resulting in high demand for structured cabling worldwide. Copper cable is the most common cable used in structured networking, due t...