• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

My TechDecisions

  • Best of Tech Decisions
  • Topics
    • Video
    • Audio
    • Mobility
    • Unified Communications
    • IT Infrastructure
    • Network Security
    • Physical Security
    • Facility
    • Compliance
  • RFP Resources
  • Resources
  • Podcasts
  • Subscribe
  • Project of the Week
  • About Us
    SEARCH
IT Infrastructure, News, Video

Ethernet Cable Demand is Up and Growing Through 2024, Study Says

A recent report suggests that ethernet cable demand is growing. Sales reached $5.562 billion in 2018 and are projected to grow at a CAGR of 5.83% by 2024.

November 22, 2019 TechDecisions Staff Leave a Comment

ethernet cable demand market

The ethernet cable market is evaluated at $5.562 billion for the year 2018 and is projected to grow at a CAGR of 5.83% to reach US$7.817 billion by the year 2024, says the latest report from ResearchandMarkets.com.

Reasons for Ethernet Cable Demand

The demand for Ethernet cables will grow owing to the faster speeds and less latency that they offer as compared to wireless networks, says the research website. Moreover, Ethernet cables are more secure as they cannot be intercepted and are comparatively easy to connect and setup.

However, the availability of substitutes in the form of wireless networks and fiber optic cables, and its limited connection and range due to its physical structure will limit the growth of the demand for these cables over the forecasted period.

The North American market will hold a significant share of the market due to the early adoption of the internet and technology, and the Asia Pacific market will see ample growth opportunities due to rising commercialization and improvement in the internet and technology infrastructure in the next five years.

The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the ethernet cable market.

It also segments ethernet cable demand based on  based on type, shielding, end-user, and geography.

Learn more about the study here.

Read Next: These Are the Audio Visual Acronyms Tech Managers Should Commit to Memory

Tagged With: Cabling

Related Content:

  • Rendering of Nureva HDL310 in a conference space. Nureva Adds HDL310 Sound Bar for Mid-Size Spaces
  • Microsoft Security Copilot Microsoft Brings Generative AI to Defenders with Security…
  • Crestron AirMedia Adapter plugged into laptop Crestron Unveils AirMedia Connect Adaptor
  • Cisco Webex AI Cisco is Bringing More AI-Powered Hybrid Work Features…

Free downloadable guide you may like:

  • Four IT Trends That Will Define 2023Expert Series: Four IT Trends That Will Define 2023

    Learn about four key technologies we identified as critical to your IT organization’s success in 2023, as well as how to invest in new innovations emerging from each.

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the FREE Tech Decisions eNewsletter

Sign up Today!

Latest Downloads

Four IT Trends That Will Define 2023
Expert Series: Four IT Trends That Will Define 2023

Learn about four key technologies we identified as critical to your IT organization’s success in 2023, as well as how to invest in new innovations ...

Harnessing the Power of Digital Signage
Harnessing the Power of Digital Signage

Choosing the best solutions for messaging, branding, and communicating in today’s content-everywhere landscape

Blueprint Series Cover: What works for hybrid work
Blueprint Series: What Works for Hybrid Work

Download this free resource to learn about how IT leaders can effectively manage and implement a hybrid work model.

View All Downloads

Would you like your latest project featured on TechDecisions as Project of the Week?

Apply Today!
Sharp Microsoft Collaboration HQ Logo

Learn More About the
Windows Collaboration Display

More from Our Sister Publications

Get the latest news about AV integrators and Security installers from our sister publications:

Commercial IntegratorSecurity Sales

AV-iQ

Footer

TechDecisions

  • Home
  • Welcome to TechDecisions
  • Subscribe to the Newsletter
  • Contact Us
  • Media Solutions & Advertising
  • Comment Guidelines
  • RSS Feeds
  • Twitter
  • Facebook
  • Linkedin

Free Technology Guides

FREE Downloadable resources from TechDecisions provide timely insight into the issues that IT, A/V, and Security end-users, managers, and decision makers are facing in commercial, corporate, education, institutional, and other vertical markets

View all Guides
TD Project of the Week

Get your latest project featured on TechDecisions Project of the Week. Submit your work once and it will be eligible for all upcoming weeks.

Enter Today!
Emerald Logo
ABOUTCAREERSAUTHORIZED SERVICE PROVIDERSTERMS OF USEPRIVACY POLICY

© 2023 Emerald X, LLC. All rights reserved.