Press release
LAN Cable Market is projected to reach USD 47.05 Billion by 2030 : Cognitive Market Research
LAN Cable Market is projected to reach USD 47.05 Billion by 2030 : Cognitive Market Research
- LAN is referred to as a computer network that connects computers within a specific area such as residential homes, universities, offices, commercial buildings, laboratories, and remote locations with many computers in close proximity. LANs are an integral part of any computer network, and almost every computer is connected to other devices. It is the most common type of cable used in wired networks and can transfer data at high speeds. These cables use copper wires to transmit data signals and come in various lengths and colors. The most common type of LAN cable is the twisted pair cable, which consists of four pairs of wires that are twisted together to reduce crosstalk.
Summary:
• Global LAN Cable Market Size Was Valued at USD 18.34 Billion In 2022 And will reach USD 47.05 Billion by 2030 with a CAGR of 12.5% During the Forecast Period (2023-2030).
• North America is expected to dominate the LAN Cable market during the forecast period.
"To know more about The LAN Cable Market statistics click here: https://www.cognitivemarketresearch.com/lan-cable-market-report
Market Dynamics:
• What are the driving factors for the LAN Cable market?
Advancements in communication technology along with the rise in penetration of connected devices is the main driving factor contributing to the growth of the LAN cable market. . LAN cables are increasingly used to connect devices in a network and it is a popular form of network connection that is used by specific organizations such as offices, school campuses, and hospitals. Increasing demand for high-performance network technology has driven market growth.. However, LAN cables can only transmit data over relatively short distances which may hinder the growth of the market in near future. Further, with the advancement of technology LAN cables have also evolved from Cat1 to Cat6 cables that have become a popular choice for the data center which is expected to create great opportunities for the market during the forecast period.
Market Segmentation:
Application
• Industrial
• Commercial
• Residential
Based on the application, the commercial segment is growing at the highest CAGR during the forecast period due to the increasing usage to connect devices within a local area network (LAN). This includes connecting computers, servers, switches, routers, and other network-enabled devices to each other.
Type
• CAT 6 Cables
• CAT 6A Cables
• CAT 7 Cables
• CAT 5E Cables
• CAT 5 Cables
The Major Players in LAN Cable Market are:
Prysmian, Nexans, Southwire, SEI, General Cable, Furukawa, TPC Wire Cable, LS Cable, Leoni, Hitachi
Get free sample pages of the latest published LAN Cable Market Report:
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Regional Analysis:
- North America dominates the LAN Cable market during the forecast period.
As per CMR analysis, North America is expected to dominate the LAN Cable market during the forecast period. This is due to the rapid expansion of the local network and advancements in networking technology. In homes, LAN cables are often used to connect devices such as computers, gaming consoles, and smart TVs to a router or modem for internet access. LAN cables are an important component of local area networks in North America and are widely used in both residential and commercial locations.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global LAN Cable Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 LAN Cable Market Segmentation
1.5.1 LAN Cable Market Regional Fragmentation
1.5.1 LAN Cable Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of LAN Cable Market
Chapter 4 Global LAN Cable Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global LAN Cable Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global LAN Cable Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global LAN Cable Market Regional Analysis
Chapter 12 North America LAN Cable Market Outlook (2018 - 2030)
Chapter 13 Europe LAN Cable Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific LAN Cable Market Outlook (2018 - 2030)
Chapter 15 Latin America LAN Cable Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa LAN Cable Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about LAN Cable Market TOC click here: https://www.cognitivemarketresearch.com/lan-cable-market-report#table_of_contents
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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