Albany, NY, Nov. 17, 2015 (GLOBE NEWSWIRE) -- Transparency Market Research published a new report "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".
According to a new market report published by Transparency Market Research "Cable Connectors and Adapters Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022," The global cable connectors and adapters (used in IT applications) market is estimated to reach a value of USD$85.75 bn by 2022. The market is projected to expand at a CAGR of 9.1% during the forecast period from 2015 to 2022. The cable connectors and adapters market was valued at US$47.78 bn in 2014.
Browse the full Cable Connectors and Adapters Market report at http://www.transparencymarketresearch.com/cable-connectors-adapters-market.html
The factors primarily driving the growth of the global cable connectors and adapters market are the increasing demand for high bandwidth in the IT and telecommunication industry and for transmission speed and data volume in data centers. In addition, increasing demand for mobile devices such as smartphones, tablets, and laptops is playing a significant role in the growth of the global cable connectors and adapters market. Furthermore, large-scale production and technological advancements of fiber optics is also driving the growth of the global market.
Cable connectors used for external applications represents the largest segment by revenue, being valued at US$ 39.46 Bn in 2014. However, this segment is expected to see slower growth through the forecast period from 2015 to 2022 with the popularity of wireless technologies in the data sharing applications rising.
Get Sample Report at-
Copper and fiber optics are two major raw materials used in the manufacturing of cable connectors and adapters. Cable connectors made up of copper represents the largest segment in terms of revenue. Fiber optics technology is gaining more popularity around the world due to its capacity for high bandwidth, which enables faster data transfer compared to copper connectors. The global fiber optics connectors market was valued at US$ 7.26 Bn in 2014 and is expected to expand at a CAGR of 24.3% through the forecast period from 2015 to 2022.
On the basis of technology we have classified cable connectors and adapters into HMDI, USB, VGA, DVI, Cat5/Cat6, and others (fiber optics, firewire, etc). Cable connectors used in Ethernet connectors (i.e. cat5/cat6 cable and connectors) comprise the largest segment in terms of revenue in the overall cable connectors and adapters market, and accounted for 61.4% of the market's revenue in 2014. The others segment, which includes fiber optics cable connectors and adapters, is expected to see the fastest growth through the forecast period with rising demand for higher-bandwidth solutions.
In terms of end-use applications, we have divided the market into three segments: cable connectors and adapters used for computer peripherals and storage devices, mobile devices (such as smartphones and tablets), and consumer electronics (such as television sets, home entertainment devices, gaming consoles, etc). Computer peripherals and storage devices is the largest application segment by revenue and was valued at US$ 39.25 Bn in 2014.
Browse Press Release:
The global cable connectors and adapters market has been divided into five broad regions: North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Asia Pacific dominated the global cable connectors and adapters market, accounting for 35.30% of the market in 2014. The region is also expected to see the fastest growth, with a rising number of datacenters in China, India, Australia, and Indonesia.
Some of the leading players in the global cable connectors and adapters market are TE Connectivity Ltd., Amphenol Corporation, and L-Com Global Connectivity.
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
Cable Connectors and Adapters (Used in IT Applications) Market, by Product Type
- USB 2.0
- USB 3.0
- USB 3.1
- Type C
- 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
- The U.S.
- Rest of North America
- Rest of Europe
Asia Pacific (APAC)
- South Asia
- Rest of APAC
Middle East and Africa
- GCC Countries
- North Africa
- South Africa
- Rest of Latin America
Other Reports Published By Transparency Market Research:
Cable Conduit Systems Market
Cable Management System Market
Wire and Cable Market
North America Coaxial Cable Market
Browse All Other Technology & Media Market Research Reports:
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR's syndicated reports thrive to provide clients to serve their overall research requirement.
CONTACT: Mr. Atil Chaudhari 90 Sate Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: email@example.com Website: http://www.transparencymarketresearch.com/
Source:Transparency Market Research