North America Coaxial Cable Market is Estimated to Witness High Growth Owing to Growing Demand for Reliable and High-Speed Data Infrastructure
North America Coaxial Cable Market Coaxial cable is used widely in applications that require high-bandwidth data transmission over long distances. It finds applications in CATV networks, broadcast applications, and broadband internet services that require high-speed, reliable, and noise-immune transmission. Growing demand for high-speed internet and expanding CATV infrastructure in North America is expected to drive the demand for coaxial cables. The global North America Coaxial Cable market is estimated to be valued at US$ 4560.51 Mn in 2023 and is expected to exhibit a CAGR of 7.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity : Growing demand for reliable and high-speed data infrastructure across the region is one of the major opportunities for North America coaxial cable market. With increasing internet penetration and growing video streaming, there is a rising demand for high-speed internet serv