2019 has proven to be a modest year for the global structured cabling market. BSRIA research shows growth of 1.2% and the market reaching value of USD 6.8 billion in 2019 after a very good year in 2018, when an increase of almost 5% was recorded. The data centre segment performed better than LAN increasing by almost 3% in 2019, but it is worth noting that it has been half the growth rate when compared to 2018.
The LAN segment increased modestly after an exceptional 5% growth year in 2018.
As of end of March 2020, BSRIA’s research forecasts minor growth below 1% for the global market in 2020 and a modest yearly increase up to 2024. Data centre segment remains a more exciting area for growth than LAN.
The overall growth is impacted by the US market, which accounts for 36% of the global structured cabling market. The US cabling market experienced a decent year in 2019 with a 2.5% increase following a very good year in 2018 with an increase of over 4%, supported by country’s economic growth, an increase in non-residential construction and a good uptake of Cat 6A.
Many of the remaining key countries performed well in 2018 such as China, Canada, UK, Germany, France and South Korea, all posting growth above 4%. In 2019 only Germany did well, while most countries showed moderate growth or experienced a decrease such as China, the UK, Switzerland and Mexico (measured in USD value).
The Global structured cabling market segmented by LAN and DC applications, USD million