Structured Cabling Market is expected to reach market size of US $17.4 Billion by 2022
Added: (Fri Mar 17 2017)
Structured Cabling market is expected to grow at CAGR of ~10.4% during the forecast period and expected to reach market size of US ~$17.4 Billion by the end of forecast period. The growing demand of networking device by various small and medium and large business units has made the significant growth in the structured cabling market. The growing demand of the IoT solutions among the enterprise companies help to increase the utilization of their assets in the optimum way, the usage of these solutions caters in creating the standardization in 3rd generation partnership projects, provides robust authentication and for global coverage.
During the study it was found that the fiber optic cable is gaining a decent market share and will emerge at a rapid pace during the forecasted period. It provides connectivity between two devices which are active at the same time and are able to send and receive data in the real time. The technology helps in transmission and receiving of data by the use of radio waves. This is followed by bandwidth on demand which is utilized for network connectivity service that allows the user to request bandwidth at the desired level as and when they are required. It also allows the individual to customize the connectivity parameter by providing the control to the user.
The prominent players in the market of structured cabling market are – CommScope, Inc. (U.S.), Nexans S.A. (France), Panduit Corp. (U.S.), Legrand (France), Corning, Inc. (U.S.), Belden, Inc. (U.S.), ABB Ltd. (Switzerland), Schneider Electric SE (France), Teknon Corporation (U.S.), Siemon (U.S.).and among others. (U.S.).
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Market Research Analysis:
Market Research Future Analysis shows that the growing demand of IoT technology in small and medium business units acts as a major contributor in the growth of global structured cabling market. Raising trend of communication infrastructure and high adoption of automation for home and industries tends to be major driving factor for the growth of the structured cabling market. Whereas, the poor electromagnetic compatibility impedance tolerance of Unshielded twisted pair cable because of which efficiency of communication decreases, high cost of optical fiber cable and its components, fluctuations in the price of copper are some of the restraining factor for the growth of the structured cabling market.
Geographically, Asia pacific is expected to grow in the structured cabling market with the highest CAGR. This growth will be, due to the growing concept of connecting more and more industrial processes with the internet. The factors such as growing broadband penetration and the emergence of local players in the region will fuel the growth opportunities in this region during the forecast period. North America is expected to hold the higher market share in global structured cabling due to expansion of communication network architecture and also the data center convergence.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Structured Cabling market Research Report -Forecast to 2022”.
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Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:
The structured cabling market is changing year on year. Despite of facing the turbulence time in 2001 and 2002, the structured cabling market has experienced the modest upturn in 2003 followed by the steady growth since 2004 till date. Various companies have started realizing the need of faster and reliable which further helps to drive the market during the forecasted period. Government initiatives have also had the positive impact on the structured cabling industry.
The major shift towards the cat 6 cabling from cat 5 and cat 5e will also fuel the market of structured cabling, the shift of the integration lobby towards IP technology such as establishing the data centers backups, IP video conferencing and security supports the growth of the structured cabling market.
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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
1 MARKET INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH NETWORK SOLUTION
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
Table of Content
TABLE 1 GLOBAL STRUCTURED CABLING MARKET, BY WIRE CATEGORY
TABLE 2 GLOBAL STRUCTURED CABLING MARKET, BY APPLICATION
TABLE 3 GLOBAL STRUCTURED CABLING MARKET, BY PRODUCT TYPE
TABLE 4 GLOBAL STRUCTURED CABLING MARKET, BY INDUSTRY
TABLE 5 GLOBAL STRUCTURED CABLING MARKET, BY REGION
TABLE 6 NORTH AMERICA STRUCTURED CABLING MARKET, BY WIRE CATEGORY
TABLE 7 NORTH AMERICA STRUCTURED CABLING MARKET, BY APPLICATION
TABLE 8 NORTH AMERICA STRUCTURED CABLING MARKET, BY PRODUCT TYPE
TABLE 9 NORTH AMERICA STRUCTURED CABLING MARKET, BY INDUSTRY
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