Lucintel’s latest market report analyzed that telecom cable provides attractive opportunities in the telecommunication infrastructure, CATV, data center, and computer networking markets. The telecom cable market is expected to reach $57.2 billion by 2025 with a CAGR of 5.6%. In this market, internal telecom & data cable is the largest segment by product type, whereas telecommunication is largest by end use industry. The development of ultra-fast broadband networks and integration of FTTH & wireless technology provides strategic growth path in this market.
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Based on product type, the telecom cable market is segmented into external copper telecom cable, internal telecom & data cable, and fiber optic telecom cable. The internal telecom & data cable segment is accounted for the largest share of the market in 2020 due to increasing demand for high-speed device connectivity and fiber optic telecom cable is expected to register the highest CAGR during the forecast period due to the increasing fiber to the home (FTTH) subscriber base and increasing investment in telecommunication infrastructure.
Browse in-depth TOC on “Telecom Cable Market”
70 – Tables
117 – Figures
201 – Pages
The telecom cable market is marked by the presence of several big and small players. Some of the prominent players offering telecom cable include Prysmian, Sumitomo Electric, Nexans, Furukawa, LS Cable, General Cable, and Fujikura and others.
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