Lucintel Forecasts Telecom Cable Market to Reach $82 billion by 2030
Lucintel Forecasts Telecom Cable Market to Reach $82 billion by 2030
Blog Article
According to the recent study the Telecom Cable Market is projected to reach an estimated $82 billion by 2030 from $47.3 billion in 2023, at a CAGR of 8% from 2024 to 2030. Growth in this market is primarily driven by increasing demand for internet connectivity, increasing subscriber base, and growing investment in telecom infrastructure.
Browse 117 figures / charts and 70 tables in this 201 -page report to understand trends, opportunities and forecast in telecom cable market by cable type (copper cable, coaxial cable, and fiber optic cable), product type (external copper telecom cable, internal telecom & data cable, and fiber optic telecom cable), by installation type (land based and sea based), by application (telecommunication, CATV, data center, computer network, and others) and by region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that internal telecom & data cable is expected to remain the largest segment and fiber optic telecom cable is expected to witness the highest growth during the forecast period.
Within the telecom cable market, telecommunication will remain the largest application and data center is expected to witness the highest growth during the forecast period.
Download sample by clicking on Telecom Cable Market
Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to growing demand for cloud based technology with high connectivity speed and increasing investment in IT infrastructure.
Nexans S.A., General Cable, Prysmian group, Sumitomo Electric, Furukawa Electric, LEONI, Fujikura, Hitachi Cable, LS Cable, CommScope, Belden Inc. are the major suppliers in the telecom cable market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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