
Transparency Market Research published a new market research report titled as, “Coaxial Cable Market - North America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018.” According to this report, North America’s coaxial cable market is expected to reach a value of USD 3.1 billion by 2018, at a CAGR of 7.2% from 2012 to 2018. The growth in this market is primarily attributed to the daily need for accessing high speed internet and high definition videos over connected devices in different commercial spaces, homes, or offices in multiple rooms. In 2012, the U.S was reported to be the largest market for coaxial cables with a market share of 59.2%. Following to the U.S., particularly, the North American region, Canada and Mexico are the future upcoming regions that are expected to witness significant growth for coaxial cables due to the rising investments in broadband, telecom, and broadcasting sectors for improving communication infrastructure.