Market Size of North America Structured Cabling Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.10 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
North America Structured Cabling Market Analysis
The North American structured cabling market is expected to register a CAGR of approximately 6.1% over the forecast period. The increasing investment in advanced communication and networking infrastructure, along with the growing investments in data centers, are driving the growth of the structured cabling market in North America.
- Structured cabling is defined as building or campus telecommunications cabling infrastructure. Typically, it consists of several standardized, more minor elements. Structured cabling systems are the most adaptable technology that is constantly being updated, as this technology helps make networking user-friendly and organized. Moreover, the fiber and copper ports deployed offer higher scalability for future growth, which is crucial in a data center and is one of the driving factors for the structured cabling market's growth.
- The structured cabling uses a predefined, standards-based design with predefined connection points and pathways. The cabling used in a structured wiring design is specified by the bandwidth requirements of the system and is tested to ensure proper performance. Although a structured cabling system may take longer to install and have a higher initial cost, the operational cost is ultimately lower, and the system's life cycle will be longer when compared to an unstructured system.
- With the rise of intelligent cities, the number of public and private cloud data centers has been increasing rapidly. The significant increase in internet users and the demand for personal cloud storage are the few driving factors for structured cabling in the North American region. Furthermore, the North American region is among the most critical data center markets, supporting the studied market's growth. For instance, according to CloudScene, the United States will have about 2,701 data centers in 2022.
- The increasing demand is attracting new players to enter the North American market. For instance, in March 2022, Vantage Data Center announced its expansion in Canada with a new campus in Montreal and further expansions to existing sites in Montreal and Quebec City. The company said it would invest an additional CAD 900 million (USD 713 million) in scaling its Canadian operations.
- Similarly, Amazon Web Services (AWS) recently announced an expansion of its infrastructure in Canada. The company will establish a data center region in Calgary that will be available to millions of AWS customers in Canada, including many Alberta-based businesses and public sector organizations.
- However, factors such as the high initial investment required challenge the growth of the studied market. Additionally, the increasing proliferation of wireless equipment and devices is also expected to challenge the growth of the studied market during the forecast period.
- The structured cabling market faced significant delays, particularly in the North American region, where the outbreak of COVID-19 led to the government implementing stringent lockdown measures, resulting in a slowdown in new infrastructure development projects. However, the pandemic has significantly enhanced the adoption rate of digital technologies, which is expected to drive investments in new data centers and IT resources, creating growth opportunities for the studied market.
North America Structured Cabling Industry Segmentation
A structured cabling system is a complete system of cabling and associated hardware that provides a comprehensive telecommunications infrastructure. This infrastructure serves various purposes, such as providing telephone service or transmitting data through a computer network. It simplifies and organizes a company's digital infrastructure, avoiding the need for several cables.
The study provides a comprehensive analysis of tracking trends and demand patterns. The North American Structured Cabling Market study segments the market by product type, application, and country. The study also analyzes COVID-19's impact on the North American structured cabling market. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
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North America Structured Cabling Market Size Summary
The North American structured cabling market is poised for significant growth, driven by increased investments in advanced communication and networking infrastructure, as well as the burgeoning demand for data centers. Structured cabling, which serves as the backbone for telecommunications within buildings or campuses, is becoming increasingly vital due to its adaptability and scalability, particularly in data center environments. This market is further bolstered by the rise of smart cities and the proliferation of cloud data centers, which are expanding rapidly to accommodate the growing number of internet users and the demand for personal cloud storage. Despite challenges such as high initial investment costs and competition from wireless technologies, the market is expected to thrive, supported by the ongoing digital transformation and the need for robust IT infrastructure.
The structured cabling market in North America is characterized by a fragmented landscape with numerous players employing strategies like product launches, partnerships, and acquisitions to enhance their market presence. Key industry participants include Belden Inc., Commscope Inc., Corning Incorporated, and others, who are actively investing in new technologies and infrastructure to meet the rising demand. The market's growth is also fueled by government initiatives and policies aimed at boosting data center investments, particularly in the United States. Additionally, the increasing adoption of IoT, 5G technologies, and smart city projects are creating favorable conditions for the expansion of structured cabling systems. As digital technologies continue to evolve, the market is expected to see sustained growth, driven by the need for efficient and scalable networking solutions.
North America Structured Cabling Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Consumers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitutes
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1.2.5 Intensity of Competitive Rivalry
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1.3 Industry Value Chain Analysis
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1.4 Impact of COVID-19 on the North America Structured Cabling Market
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Copper
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2.1.1.1 Copper Cable
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2.1.1.2 Copper Connectivity
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2.1.2 Fiber
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2.1.2.1 Fiber Cable (Single-mode & Multi-mode)
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2.1.2.2 Fiber Connectivity
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2.2 By Application
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2.2.1 LAN
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2.2.2 Datacenter
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2.3 By Country
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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North America Structured Cabling Market Size FAQs
What is the current North America Structured Cabling Market size?
The North America Structured Cabling Market is projected to register a CAGR of less than 6.10% during the forecast period (2024-2029)
Who are the key players in North America Structured Cabling Market?
Belden Inc., The Siemon Company, Corning Incorporated, Commscope, Inc. and Anixter Inc are the major companies operating in the North America Structured Cabling Market.