LONDON--(BUSINESS WIRE)--The global signal transmission wire and cable market is expected to post a CAGR of close to 6% over the period 2018-2022, according to the latest market research report by Technavio.
A key factor driving the growth of the market is the rising demand for consumer and industrial electronics, owing to the rising income level of consumers in developing countries. The popularity of high-end smartphones, IoT-based devices, virtual reality and augmented reality applications will boost the demand for signal transmission wires and cables from OEMs and end-users.
This market research report on the global signal transmission wire and cable market 2018-2022 provide an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
In this report, Technavio highlights the consolidation of digital services as one of the key emerging trends in the global signal transmission wire and cable market:
Global signal transmission wire and cable market: Consolidation of digital services
The cable industry has been recording a significant decline in TV subscribers although the number of cable broadband subscribers has increased. At present, consumers prefer streaming, satellite TV, and IPTV-based services. Streaming service providers such as Netflix, Hulu, Amazon Prime Video offer monthly access to online shows at a fraction of the CA TV subscription price. These services are also known as subscription video-on-demand (SVoD).
“The advantages of SVoD and the limitations of CA TV are resulting in internet-based channels steadily taking over CATV. This is leading to the consolidation of TV and video industries in favor of Internet-based channels. SVoD services are also adding original and exclusive content to their portfolio to increase their customer base,” says a senior analyst at Technavio.
Global signal transmission wire and cable market: Segmentation analysis
This market research report segments the global signal transmission wire and cable market by product (coaxial, fiber optic, and twisted fiber), by end-user (telecommunication, data centers, and control signals) and key regions (the Americas, APAC, and EMEA).
APAC held the highest share of the global signal transmission wire and cable market in 2017, accounting for a market share of close to 42%, followed by the Americas and EMEA respectively. The market share of the three regions is expected to remain steady with marginal variations over the forecast period.
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market sizing
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at media@technavio.com.
