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Demand for Higher Bandwidth Driving Cable Connectors and Adapters Market; Market to Reach US$85.75 bn by 2022

Posted on Jan 20, 2016

The report is titled “Cable Connectors and Adapters Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022”, and is available on the company website for sale.The global cable connectors and adapters market for the focus of study of a recent market research report published by Transparency Market Research.The report states that the market will expand at a healthy 9.1% CAGR between 2015 and 2022, rising from a valuation of US$47.78 bn in 2014 to US$85.75 bn by 2022. 

Browse the full Cable Connectors and Adapters (Used in IT Applications) Market (By Product Type - HDMI, USB, VGA, DVI, Cat5/Cat5, and Others (fiber optics, firewire etc); By Material - (Copper and Fiber Optics); By Applications (Computers and Computer Peripherals, Smartphones and Tablets, and Consumer Electronic Devices) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022 report at http://www.transparencymarketresearch.com/cable-connectors-adapters-market.html

Out of the many factors driving the market, some of the noteworthy ones include the rising demand for high bandwidth in the information technology and telecommunications industries and for high data volumes and transmission speeds in data centers. Additionally, the mounting use of mobile devices such as smartphones, tablet computer and laptops, and technological advancements in the field of fiber optics are also significantly driving the market.

On the basis of type, the market is segmented into connectors and adapters for internal applications and external applications. Of these, the segment of external applications accounted for US$39.46 bn in 2014. However, as the popularity of wireless technologies rises, this segment is expected to see growth as a slower pace over the report’s forecast period.On the basis of the material used to manufacture cable connectors and adapters, the market is segmented into copper cables and fiber optics. In terms of revenue, the segment of copper cables leads the market currently. However, as the demand for high bandwidth rises, the segment of fiber optics technology is expected to gain renewed and more popularity.

On the basis of technology, the segment of cat5/cat6 cable connectors and adapters, used in Ethernet connectors, accounted for over 61.4% of the market in 2014. Over the report’s forecast period, the section of fiber optics cable connectors and adapters is projected to expand at the fastest pace owing to the rising demand for high bandwidth solutions.Of the key applications areas of cable connectors and adapters examined, the section of computer peripherals and storage devices led the market in terms of revenue, and had a valuation of US$39.25 bn in 2014.

Of the key regional markets studied, Asia Pacific led the global market for cable connectors and adapters in 2014 by accounting for a 35.30% share. The region is also expected to grow at the fastest pace over the report’s forecast period as the number of datacenters rises in India, Australia, China, and Indonesia.Some of the key devices manufacturers in the global cable connectors and adapters market are Dell Inc., Western Digital Corporation, Hewlett-Packard Development Company, IBM Corporation, Toshiba Corporation, EMC Corp., LG Corp, Seagate Technology PLC, Fujitsu Ltd, Microsoft Corp, Lenovo Group Ltd, ASUSTeK Computer Inc., Acer Inc., and Samsung Electronics.

Some of the key original equipment manufacturers in the market are Belden Inc., Amphenol Corp, L-Com Global Connectivity, BizLink, LS Cable & System Ltd., General Cable Corp, Nexans S.A., Southwire Company Inc., and TE Connectivity Ltd.

The global cable connectors and adapters (Used in IT Applications) market has been segmented as follows:

Cable Connectors and Adapters (Used in IT Applications) Market, by Type

  • Internal
  • External

Cable Connectors and Adapters (Used in IT Applications) Market, by Product Type

  • HDMI
  • USB
    • USB 2.0
    • USB 3.0
    • USB 3.1
    • Type C
  • DVI
  • VGA
  • Cat5/Cat6
  • Others (Fiber Optics, Firewire etc)

Cable Connectors and Adapters (Used in IT Applications) Market, by Material

  • Copper Cables
  • Fiber Optics

Cable Connectors and Adapters (Used in IT Applications) Market, by Application

  • Computer and Computer Peripherals
    • Input Devices
    • Output Devices
    • Storage Devices
  • Smartphones and Tablets
  • Consumer Electronics

Cable Connectors and Adapters (Used in IT Applications) Market, by Geography

  • North America
    • The U.S.
    • Rest of North America
  • Europe
    • EU7
    • CIS
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • South Asia
    • Australasia
    • Rest of APAC
  • Middle East and Africa
    • GCC Countries
    • North Africa
    • South Africa
  • Latin America
    • Brazil
    • Rest of Latin America

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