According to
a new market report published by Lucintel, the future of the telecom cable market
looks promising with opportunities in the telecommunication infrastructure, CATV,
data center, and computer networking markets. The global telecom cable market
is expected to reach an estimated $50.8 billion by 2023 with a CAGR of 5.4%
from 2018 to 2023. The major growth
drivers for this market are increasing demand for internet connectivity,
increasing subscriber base, and growing investment in telecom infrastructure.
In this
market, external & internal copper cables and
fiber optic cables are used for voice, data, and signal transmission. Lucintel
forecasts that internal telecom & data cable is expected to remain the
largest segment due to increasing demand for high-speed device connectivity.
Fiber optic telecom cable is expected to witness the highest growth during the forecast
period due to the increasing fiber to the home (FTTH) subscriber base and increasing
investment in telecommunication infrastructure.
Within the telecom cable market, telecommunication
will remain the largest application due to growing deployment of fiber optic
cable for long range communication and digital transformation in the
telecommunication industry. Lucintel predicts that CATV is expected to witness
the highest growth during the forecast period supported by increasing demand
for high definition video content and growth in smart devices.
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.
Emerging trends, which have a direct impact on
the dynamics of the industry, include development of ultra-fast broadband
networks and integration of FTTH & wireless technology. Prysmian, Sumitomo
Electric, Nexans, Furukawa, LS Cable, General Cable, and Fujikura are the major
suppliers of telecom cable.
Lucintel, a leading global strategic
consulting and market research firm, has analyzed growth opportunities in the global telecom cable market
by product type, installation type, by application, and by region and has come
up with a comprehensive research report entitled “Growth Opportunities in the Global Telecom
Cable Market 2018-2023: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a
catalyst for growth strategy as it provides a comprehensive data and analysis
on trends, key drivers, and directions. The study includes a forecast for the
global telecom cable market by product type, installation type, by application,
and by region as follows:
By Application [$M
shipment analysis from 2012 to 2023]:
·
Telecommunication
·
CATV
·
Data Center
·
Computer Network
·
Others
By Product Type [$M shipment analysis from 2012 to 2023]:
·
External Telecom Cable
·
Internal Telecom & Data Cable
·
Fiber Optic Cable
By Installation
Type [$M shipment analysis from 2012 to 2023]:
·
Sea Based
·
Other
By Region [$M shipment analysis for 2012 –
2023]:
·
North America
– United
States
– Canada
– Mexico
·
Europe
– Germany
– Russia
– United
Kingdom
– France
·
Asia Pacific
– Japan
– China
– India
·
The Rest of the World
This
201-page 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 helpdesk@lucintel.com. Lucintel offerings include Telecommunication
Report, Telecommunication
Market Report, Opportunity
Screening and Analysis, Capital
Investment Feasibility and SWOT Matrix.
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision-makers in a variety of industries. For
further information, visit www.lucintel.com.
This
report answers following 11 key questions:
Q.1 What are some of the most promising, high-growth opportunities for
the global telecom cable market by 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)?
Q.2
Which segments will grow at a faster pace and why?
Q.3
Which regions will grow at a faster pace and why?
Q.4
What are the key factors affecting market dynamics? What are the drivers and
challenges of the market?
Q.5
What are the business risks and threats to the market?
Q.6
What are the emerging trends in this market and reasons behind them?
Q.7
What are the changing demands of customers in the market?
Q.8
What are the new developments in the market? Which companies are leading these
developments?
Q.9
Who are the major players in this market? What strategic initiatives are being
implemented by key players for business growth?
Q.10
What are some of the competitive products and processes in this area and how
big of a threat do they pose for loss of market share via product substitution?
Q.11
What M&A activity has occurred in the
last 5 years?
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