Cable Connectors and Adapters (Used in IT Applications): Global Strategic Business Report

Global Cable Connectors and Adapters (Used in IT Applications) Market to Reach $108.7 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Cable Connectors and Adapters (Used in IT Applications) estimated at US$64.3 Billion in the year 2020, is projected to reach a revised size of US$108.7 Billion by 2027, growing at a CAGR of 7.8% over the analysis period 2020-2027. Internal, one of the segments analyzed in the report, is projected to record 7.7% CAGR and reach US$39.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the External segment is readjusted to a revised 7.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $17.4 Billion, While China is Forecast to Grow at 11.7% CAGR

The Cable Connectors and Adapters (Used in IT Applications) market in the U.S. is estimated at US$17.4 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$24.4 Billion by the year 2027 trailing a CAGR of 11.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 6.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.

Select Competitors (Total 37 Featured) -

• Amphenol Corp
• Belden Inc
• BizLink
• General Cable Corp
• L-Com Global Connectivity
• LS Cable & System Ltd.
• LUXSHARE-ICT,
• Nexans S.A.
• Southwire Company Inc.
• TE Connectivity Ltd

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• Global competitiveness and key competitor percentage market shares
  
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