The global structured cabling market was valued at US$ 7,172.5 Mn in 2017 and is anticipated to register a stable CAGR of 7.2% during the forecast period, according to a new report published by Transparency Market Research (TMR) titled 'Structured Cabling Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.' Increasing demand for high bandwidth and expansion and modernization of communication infrastructure fueled by economic growth have driven the global structured cabling market. The market in North America is expanding at the maximum CAGR of 7.1%, owing to technological innovations and presence of a large number of players in the region.