North America Coaxial Cable Market Size and Share
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 6.19 Billion |
| Market Size (2030) | USD 12.49 Billion |
| CAGR (2025 - 2030) | 15.05% |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Coaxial Cable Market Analysis by Mordor Intelligence
The North America Coaxial Cable Market size is estimated at USD 6.19 billion in 2025, and is expected to reach USD 12.49 billion by 2030, at a CAGR of 15.05% during the forecast period (2025-2030).
The coaxial cable market in North America is experiencing significant growth, driven by advancements in telecommunications and increasing demand for high-speed internet services.
- North America's telecom and cable TV sectors, both well-entrenched, are driving a strong demand for coaxial cables. A key factor is the ongoing expansion of broadband networks, catering to data-intensive applications like streaming and online gaming. Further bolstering this demand, the U.S. government has earmarked over USD 40 billion in federal funds, aiming to connect every community to robust broadband. This initiative seeks to boost high-speed internet access, especially in underserved areas.
- Technological advancements in coaxial cables, particularly in performance and capacity, are amplifying their market appeal. Noteworthy innovations, such as DOCSIS 3.1 technology, enable superior data transmission rates, positioning coaxial cables as formidable contenders against fiber optics.
- A March 2024 survey by Ericsson revealed that 86% of adult internet users in Canada accessed the web via desktops or laptops, and over 70% turned to smartphones and mobile devices. This underscores a deepening reliance on diverse connected devices for internet access, fueling market demand.
- Yet, the ascent of alternative technologies, especially fiber optic cables and wireless solutions, poses a significant challenge. These alternatives boast benefits like swifter data transmission and enhanced bandwidth, potentially swaying customers away from coaxial cables.
North America Coaxial Cable Market Trends and Insights
IoT Connections to Hold Significant Market Demand
- Driven by technological advancements and a surging demand for dependable internet connectivity, especially for IoT (Internet of Things) applications, the North American coaxial cable market is witnessing notable growth.
- Coaxial cables, known for their cost-effectiveness in transmitting vast data volumes, are becoming the go-to choice for IoT applications that prioritize reliable connectivity. As the number of internet-connected devices rises, so does the demand for high-speed connections. Coaxial cables adeptly meet this demand, ensuring smooth communication among IoT devices.
- With the growing popularity of data-heavy applications like streaming services and online gaming, there's an escalating need for a robust communication infrastructure. Coaxial cables play a pivotal role in providing high-speed internet, especially in cable TV and broadband setups. Moreover, government initiatives to broaden broadband access in rural regions further fuel this market's expansion. Notably, Canada has poured around USD 225 million into rural broadband projects, leading to over 218,000 new connections in just three years.
- As the demand for high-speed internet and a sturdy infrastructure to support IoT applications rises, Hybrid Fiber Coaxial (HFC) networks, which merge fiber optics with coaxial cables, are becoming increasingly crucial for linking a multitude of IoT devices to the internService providers are making significant investments in network infrastructure, bolstering connectivity options. A case in point: TELUS has unveiled a whopping USD 16 billion investment in Alberta, aiming to enhance its network capabilities.
- As North America navigates an era dominated by IoT technologies, the coaxial cable market stands ready for growth. By ensuring reliable, high-speed data transmission and seamlessly integrating with current infrastructures, coaxial cables play a crucial role in bolstering the ever-expanding network of connected devices.
United States is Expected to Hold a Major Share of the Market
- Driven by surging internet usage, an expanding telecommunications landscape, and evolving network infrastructures, the U.S. coaxial cable market is set for sustained growth. Innovations such as Fiber-to-the-Home (FTTH) and Multimedia over Coax Alliance Access (MOCA Access) have propelled the residential segment to capture a substantial market share. Additionally, the uptick in remote work has heightened the demand for high-speed home internet.
- Case such as, Stoneridge Apartments is a complex comprising 256 affordable housing units spread across 13 buildings. The challenge was to provide high-speed internet access to residents without incurring the high costs associated with a full fiber-to-the-home (FTTH) installation. The project utilized InCoax Networks’ MoCA Access 2.5 technology, which allows for fiber access through existing coaxial cabling. This approach significantly reduced installation costs while providing robust internet service.
- The U.S. rollout of 5G technology, a game-changer for telecommunications infrastructure, is significantly driving the demand for coaxial cables. According to GSMA Intelligence, 75% of U.S. consumers with smartphones under a year old boasted 5G capabilities, a notable rise from 68% in 2022.
- With approximately 95% of U.S. adults now online, the demand for enhanced broadband connectivity is evident, further fueling the need for coaxial cables in telecommunications. Moreover, as data-intensive activities like online gaming and streaming gain traction, the demand for robust communication networks—bolstered by coaxial cables—intensifies.
- Leading the charge in the U.S. coaxial cable market are industry giants like CommScope and Belden, renowned for their innovative products and solutions. The competitive landscape is vibrant, marked by relentless research and development endeavors aimed at enhancing cable performance and broadening their applications.
- In summary, bolstered by escalating broadband demands, technological strides, and hefty investments in telecommunications, the U.S. coaxial cable market is on an upward trajectory. As the appetite for high-speed internet grows, coaxial cables will undeniably remain pivotal in the nation's communication networks.
Competitive Landscape
The North America Coaxial Cable Market is highly competitive and fragmented, primarily driven by the presence of major players. These key players employ strategies such as mergers, acquisitions, and product innovations to maintain a competitive edge and broaden their global footprint. Key player include Belden Inc., Alpha Wire Company, Prysmian Group, and others.
The North American coaxial cable market is poised for continued growth driven by the increasing demand for high-speed internet services, significant investments in telecommunications infrastructure, and the rollout of advanced technologies such as 5G. As service providers expand their networks to meet consumer expectations for fast and reliable connectivity, the demand for coaxial cables is expected to rise accordingly.
North America Coaxial Cable Industry Leaders
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Belden Inc.,
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Alpha Wire Company
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Prysmian Group
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L-Com, Inc.
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LS Cable & System Ltd.
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- August 2024: Tech vendor CommScope announced that it is close to developing hardware and software that supports both flavors of the cable industry's new DOCSIS 4.0 network standard. DOCSIS 4.0 is the next iteration of this standard, allowing cable companies to eventually deliver symmetrical internet speeds of 10 megabits per second or faster.
- May 2024: Charter Communications, Rogers Communications, CableLabs and select suppliers are collaborating on a way to vastly expand the capacity of their networks by overlaying 5G signals on HFC networks at higher frequencies – perhaps up to 4GHz or 5GH.
North America Coaxial Cable Market Report Scope
Coaxial cable is a type of transmission line, used to carry high-frequency electrical signals with low losses. It is a type of copper cable specially built with a metal shield and other components engineered to block signal interference.
The North America coaxial cable market is segmented by type (hardline coaxial cable, tri-axial cable, twin-axial cable, RG-6 cable, RG-11 cable, other types), by end-user (residential, commercial, industrial, other end-users), by country (United States, Canada). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| Hardline Coaxial Cable |
| Tri-axial Cable |
| Twin-axial Cable |
| RG-6 Cable |
| RG-11 Cable |
| Other Types |
| Residential |
| Commercial |
| Industrial |
| Other End-users |
| United States |
| Canada |
| By Type | Hardline Coaxial Cable |
| Tri-axial Cable | |
| Twin-axial Cable | |
| RG-6 Cable | |
| RG-11 Cable | |
| Other Types | |
| By End-users | Residential |
| Commercial | |
| Industrial | |
| Other End-users | |
| By Country | United States |
| Canada |
Key Questions Answered in the Report
How big is the North America Coaxial Cable Market?
The North America Coaxial Cable Market size is expected to reach USD 6.19 billion in 2025 and grow at a CAGR of 15.05% to reach USD 12.49 billion by 2030.
What is the current North America Coaxial Cable Market size?
In 2025, the North America Coaxial Cable Market size is expected to reach USD 6.19 billion.
Who are the key players in North America Coaxial Cable Market?
Belden Inc.,, Alpha Wire Company, Prysmian Group, L-Com, Inc. and LS Cable & System Ltd. are the major companies operating in the North America Coaxial Cable Market.
What years does this North America Coaxial Cable Market cover, and what was the market size in 2024?
In 2024, the North America Coaxial Cable Market size was estimated at USD 5.26 billion. The report covers the North America Coaxial Cable Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the North America Coaxial Cable Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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North America Coaxial Cable Market Report
Statistics for the 2025 North America Coaxial Cable market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Coaxial Cable analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
