PUNE, India, Oct. 6, 2022 (GLOBE NEWSWIRE) — The global Structured Cabling Market Size was estimated at $10.85 billion in 2021. The market is projected to grow to $11.62 billion from $11.62 billion in 2022 $21.48 billion by 2029, with a CAGR of 9.2% over the forecast period. Fortune Business Insights presents this information in its report titled Structured Cabling Market Forecast, 2022-2029.

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Key Industry Development:

June 2022: Nexans introduced the Mobiway Un-Reel solution that makes cable installation easier, more inventive, more cost-effective and safer for a wide range of low and medium voltage cables.

Report scope and segmentation

report coverage details
forecast period 2022 to 2029
Forecast period 2022 to 2029 CAGR 9.2%
Value prognosis 2029 $21.48 billion
base year 2021
Structured cabling market size in 2021 $10.85 billion
Historical data for 2018 to 2020
number of pages 170
segments covered Type, cable type, application, end user and geography

Reduced investment and banned broadband connection features hampered the market growth
The COVID-19 pandemic has significantly impacted the advanced technology sectors around the world. The COVID-19 pandemic has severely affected the supply of raw materials for the electronics industry. The value chains of the electronics and telecommunications industry have been disrupted worldwide by the closure of manufacturing units.

Click here for the short-term and long-term impact of COVID-19 on this market:

https://www.fortunebusinessinsights.com/structured-cabling-market-106851

Driver and restraint systems:

Increasing development of broadband infrastructure to promote market growth

The growing advances in broadband infrastructure projects and the increase in government investment initiatives in several countries to create smart cities have resulted in a demand for…

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