Structured Cabling Market Analysis Business Opportunity, Growth Factors, and Future Prospects until 2027
The structured cabling market is projected to reach USD 15.0 billion by 2027 from an estimated USD 11.7 billion in 2022, at a CAGR of 5.1% from 2022 to 2027. Major factors driving the growth of the market include growing trend of data center convergence penetrating IT infrastructure market and rising emergency of smart cities. CommScope Holding Company, Inc. (US), Corning Incorporated (US), Legrand (France), Nexans (France), Panduit Corp. (US), Belden Inc. (US), R&M (Switzerland), Furukawa Electric Co., Ltd. (Japan), Schneider Electric (France), The Siemon Company (US); are some of the key players in the structured cabling market . These players have adopted various growth strategies, such as product launches, expansions, partnerships, collaborations, contracts, agreements, and acquisitions to retain their presence in the stazructured cabling market. Product launches has been the most dominating strategy adopted by the key players from January 2018 and January 2022 to help them bro...