Ethernet Cable Market size worth US$30.453 billion by 2029

ethernet cable market

The ethernet cable market is worth US$15.900 billion in 2024 and is predicted to witness growth of 13.88% CAGR over the projected period to account for US$30.453 billion by 2029.

An ethernet cable is a type of cable, which connects the router, modem, or network switch to the computer. The ethernet cable allows the computer to the access local area network (LAN) and is also used to connect devices to the internet. Ethernet cables offer a wider range of advantages over wireless connection solutions, as they offer relatively lower latency to the network connection, and it is also among the cheaper sources of internet connectivity. The ethernet cable also offers the users secure connectivity, as the wired network connection offers a lower risk of breaches or hacking attempts. There are various types of ethernet cables available across the market, which include fast ethernet, gigabit ethernet, 10 gigabit ethernet, and switch ethernet, which offer different data transfer speeds.

The global ethernet cable market witnessed several major introductions of technologies, that aimed to boost the capability of these cables. With the increasing demand for technological advancements across the globe, the market for ethernet cable is also expected to grow, as these cables offer a faster, and secure network connectivity solution. Various companies and organizations introduced new technologies into the global ethernet cable market. For instance, in April 2024, LAPP, a global integrated solutions for cable and connectivity technology provider, launched its first bio-cables for the series production of its ETHERLINE FD bioP Cat.5e. This data cable consists of bio-based sheath material and consists of 43% renewable raw material.

The type segment of the ethernet cable market is categorized into coaxial, twisted pair, and fiber optic. The fiber optics category, in the type segment of the global ethernet cable market, is forecasted to attain greater market share. Fiber optics technology is among the latest technologies in wired data transfer, in which the information is transmitted as a light pulse along the plastic or glass fiber, embedded inside the cable. The fiber optics solution offers several benefits to the users, compared to other categories, as it ensures a high-speed transfer of data, generally at the speed of 1 Gbps, which is about 10 to 20 times faster than other cable technology. The fiber optics also offers better reliability and multi-device connectivity. The fiber optics technology also ensures the safety of the data transferred.

The ethernet cable market, under the shielding segment, is categorized into shielded and unshielded. In the shielding segment of the ethernet cable market, the unshielded category is forecasted to attain maximum market share. An unshielded ethernet cable is a type of ethernet cable which do not include an extra layer or screen of aluminum sheet, for protection from nearby sources of electromagnetic interference (EMI). These types of cables are generally used across residential or commercial interfaces, where the risk of interference is lower. The unshielded ethernet cables are less expensive as compared to the shielded cables and also offer flexible usage. The unshielded cables are also easy to install and support a wide range of devices and connectors.

By end-user, the ethernet cable market is categorized into residential, commercial, and industrial. Under the end-user segment of the global ethernet cable market, the commercial category is forecasted to attain a greater share. In the commercial sector, ethernet cables offer a wide range of applications, across multiple industries, like banking, government, and IT & telecommunication. In the commercial setting, ethernet cables are used to ensure high speed and secure network connectivity.

Based on geography, the Asia Pacific region is anticipated to attain significant growth in the global ethernet cable market. The Asia Pacific region is among the fastest-developing consumers of the Internet across the globe. Countries like India, Singapore, China, and Japan are among the countries that offer high-speed internet connectivity and are continuously evolving the technology to boost the speed of the internet in the region. Similarly, the growth of the data center landscape in the region is also expected to boost the ethernet cable market in the Asia Pacific. The Asia Pacific region has grown as the global hub for data center solutions and infrastructure, which majorly uses ethernet cables to connect multiple servers and offer high-speed and secure data transfers. Countries like India, Taiwan, and Singapore have introduced multiple policies and investment opportunities to create technologically advanced data center solutions across the region, boosting the demand for ethernet cable across the region.

The research includes several key players from the ethernet cable market, such as Belden Inc., Lapp Group, igus, Gore, LEONI, Southwire Company, LLC, Prysmian Group, Hitachi, Ltd., The Siemon Company, and Elettronica Conduttori Srl.

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This analytics report segments the ethernet cable market as follows: