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CHICAGO, Nov. 13, 2020 /PRNewswire/ -- According to the new market research report "Structured Cabling Marketwith COVID-19 Impact Analysis, by Solution Type, Cable Type (Category 5E, Category 6, Category 6A), Vertical (IT & Telecommunications, Residential & Commercial, Government & Education), and Geography-Global Forecast to 2025", published by MarketsandMarkets, the Structured Cabling Marketis expected to grow from USD 10.9 billion in 2020 to USD 13.5 billion by 2025, at a CAGR of 4.3%. The market growth can be attributed to several factors, such as increasing demand for high-speed connectivity devices & systems, rising trend of data center convergence, and growing investments in communication infrastructure. Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=199394143 Product segmentheld the largest share of the structured cabling market in 2019 The structured cabling market has been segmented based on solution type into product, service, and software, which are required to establish and maintain the overall network infrastructure. The product segment, which comprises the hardware to set-up the network in the structured cabling system, accounted for the largest market share in 2019. Structured cabling products such as cables, communication outlets, racks & cabinets, and others are widely used in residential & commercial, IT & telecommunications, and other verticals to set up the communication & IT network infrastructure. Category 6 cable type held the largest share of the structured cabling market in 2019 Category 6 cable type is currently holding the largest share in the structured cabling market. This cable is defined in TIA/EIA-568-B and provides a significant improvement in performance over category 5 and category 5e. Cat-6 cables can support speeds of up to 10 Gbps, but can only do so for up to 55 meters, which makes them relatively long Ethernet cables. Browsein-depth TOC on"Structured Cabling Market" 112 Tables 64 Figures183 Pages Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=199394143 North America is leading the market for structured cabling in 2019 North America held the largest share in the structured cabling market in 2019. The growing demand for IP-based video surveillance systems & access control systems, the expanding network of intelligent transport systems, and the higher penetration rate of smart homes are some of the factors driving the growth of the structured cabling market. Moreover, the presence of several key players in North America with a broad structured cabling product portfolio for various industries is supporting the growth of the regional market. Some of the key companies operating in the market are CommScope (US), Nexans S.A. (France), Panduit Corp. (US), Legrand (France), Corning Inc. (US), Belden, Inc. (US), Schneider Electric (France), Siemon (US), Furukawa Electric Co., Ltd. (Japan), and R&M (Switzerland), and so on. Related Reports: Submarine Cable System Marketby Application (Communication (Component, Offering (Installation & Commissioning, Upgrades)), Power (Type, Voltage, End User (Offshore Wind Power Generation, Offshore Oil & Gas), and Region - Global Forecast to 2025 About MarketsandMarkets MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact:Mr. Aashish MehraMarketsandMarkets INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [emailprotected] Visit Our Web Site: https://www.marketsandmarkets.com Research Insight : https://www.marketsandmarkets.com/ResearchInsight/structured-cabling-market.asp Content Source : https://www.marketsandmarkets.com/PressReleases/structured-cabling.asp SOURCE MarketsandMarkets

Answer: Structured Cabling Market worth $13.5 billion by 2025 - Exclusive Report by MarketsandMarkets