North America Premise Cable Market Overview:
North America Premise Cable Market is expected to reach $248 million in 2022 from $83,714 thousand in 2015, growing at a CAGR of 16.9% from 2016 to 2022. Premise cables refer to inter-building or intra-building networking cables, which are used for data transmission in telecommunication closets, server rooms, and entrance facilities. These cables are used for short-distance data transmission, that is, within the premises. However, these cables cover a distance of around hundred m when operated on their maximum data transfer rate.
The growing demand for data on both fixed and mobile networks builds pressure on operators to invest in improved copper or fiber networks and provide connectivity in reach of consumers. In the recent years, increased Internet activity was witnessed, in terms of live content for media, which resulted in large volume of data generation. Therefore, requirement of high Internet speed and reliable data transmission cables drives the growth of the premise cable market. The improved cable technology and easy installation & connection are some of the factors augmenting the growth for the market. However, with the emergence of Internet of Things that promotes wireless networking, are expected to fail. This is expected to significantly impact the premise cable market in the forthcoming years.
Escalated Demand for High Speed Connectivity Devices and Systems
Currently high-speed connectivity devices and systems gained popularity among the industrial applications to cater to the need of smooth and secure transmission of data. The use of high-speed networking lines helps the manufacturing facilities to analyze real-time data and improvise the production processes accordingly. For many connected devices such as networked surveillance cameras or IP cameras, two connections are needed, which include electrical connection and the actual network connection. Premise cabling provide several common techniques to transmit PoE cabling. Two of them were standardized by IEEE 802.3 in 2003. This advantage of premise cables is expected to provide lucrative opportunities to the market.
The premise cable market in the U.S. is anticipated to witness decent growth throughout the forecast period. This is attributed to the focus on the U.S. market by the key market players operating in the North America region. The premise cable market in the U.S. dominated the market in 2015 during the forecast period.
Top Investment Pockets
The premise cable market is segregated into five categories based on application, namely, industrial, broadcast, enterprise, IT & network security, and others. Industrial application has the highest revenue generating segment whereas broadcast followed by IT network and security are the most lucrative markets.
The key players profiled in the report are Anixter Inc., Belden Inc., General Cable Technologies Corporation, Hitachi, Ltd., HellermannTyton, Nexans, Prysmian Group, Schneider Electric, Siemens AG, and The Siemon Company. Other players in the value chain include Premise Cable Systems Inc., Comcast Cable, Sterlite Tech, AQ Communications LLC, GM Cable Contractors, Inc., and Copper State Communications.
- The report provides an in-depth analysis of the premise cable market across countries in North America, and the estimated revenues generated during the forecast period.
- The projections in the report are based on the analysis of the current trends and highlight the market potential for the period of 2016-2022, in terms of value.
- Extensive analysis of the market by closely following product benchmarking, positioning, and monitoring of the top contenders within the industry.
- Provides quantitative and qualitative trends to help stakeholders to understand the situations prevailing in the market.
North America Premise Cable Market Key Segmentation
- Copper Cable
- CAT 3 Cable
- CAT 5 Cable
- CAT 5E Cable
- CAT 6 Cable
- CAT 6A Cable
- CAT 7 Cable
- CAT 8 Cable
- Fiber-Optic Cable
- Single-Mode Cable
- Multi-Mode Cable
- IT & Network Security
- Others (Residential and Institutional & Healthcare)
- NORTH AMERICA
- Anixter Inc.
- Belden Inc.
- General Cable Technologies Corporation
- Hitachi, Ltd.
- Prysmian Group
- Schneider Electric
- Siemens AG
- The Siemon Company
Other Companies in Value Chain
- AQ Communications LLC.
- Comcast Cable
- Copper State Communications
- GM Cable Contractors, Inc.
- Premise Cable Systems Inc.
- Sterlite Tech
*Profiles of these players are not included. The same will be included on request