INTELLIGENT BRANDS // Cabling
Ethernet cable market to garner
US$21.36 billion globally by 2026
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High speed and low latency of the cable, high reliability
and low-security threats and features like easy installation
and connectivity have boosted the growth of the global
Ethernet cable market.
CAGR of 18.3% during the forecast period,
due to its ability to fast transfer data.
The industrial segment to manifest
the fastest growth through 2026
By application, the industrial segment is
expected to portray the fastest CAGR of
13.1% during the forecast period, due to
growth in industrial sector demands for
Ethernet cable deployment at working
sites. Moreover, the commercial segment
held the largest share in 2018, accounting
for nearly half of the global Ethernet cable
market, owing to the developed commercial
sector among various countries around
the globe. The report includes an in-depth
analysis of the segments such as residential
and commercial.
One region held the lion’s
share globally
According to a report from Allied
Market Research the global Ethernet
cable industry was pegged at
US$7.60 billion in 2018 and is projected to
reach US$21.36 billion by 2026, registering
a Compound Annual Growth Rate (CAGR) of
13.5% from 2019 to 2026.
There are several major reasons for market
fluctuations. High speed and low latency of
the cable, high reliability and low-security
threats, and features like easy installation
and connectivity have boosted the growth of
the global Ethernet cable market.
However, high installation cost and limited
physical availability of devices hamper the
market but a rise in demand for power over
Ethernet in industries is expected to create
lucrative opportunities in the near future.
The copper cable segment has dominated
the market. Based on type, the copper cable
segment held the largest share in 2018,
contributing to more than half of the global
Ethernet cable market, owing to its robust
design, ease of availability and economical
deployment. However, the fibre optic cable
segment is projected to register the fastest
The global Ethernet cable market across
North America held the largest share in
2018, accounting for more than one-third
of the total revenue, due to technologically
developed infrastructure and construction
of data centres in the region. However, the
market across Asia-Pacific is expected to
manifest the fastest CAGR of 16.8% during
the forecast period, owing to rising digital
trends in the residential, commercial and
industrial sectors.
The report, entitled Ethernet Cable Market
by Type (Copper Cable and Fibre Optic
Cable), Application (Residential, Industrial,
and Commercial), and Cable Structure
(Shielded Twisted Pair and Unshielded
Twisted Pair): Global Opportunity Analysis
and Industry Forecast, 2019–2026,
can be downloaded at https://www.
alliedmarketresearch.com/requestsample/1756.
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