The global StructuredCabling market size is expected to value at USD 14.3 billion by 2025, during the forecast period. The market is subject to witness a substantial growth due to the rising demand for latest technological solutions to monitor vast set of real time data that often leads to delays and latency issues in the network. Structured cabling systems allows high data transfer rates that helps to minimize delays and completely avoids latency issues.
The
existence of the high-speed networks in different regions of globe is one of
the key reasons associated with the widespread use of the structured cabling
systems, leading to consistent growth of the market during the forecast period.
Moreover, expansion of widespread broadband network and increase in the number
of data centers are escalating market reach in recent years. Globally, the
structured cabling market is predicted to grow at CAGR of 7.6% in forecast
period, providing numerous opportunities for market players to invest in
research and development in the structured cabling market.
Application
of the structured cabling systems varies across different verticals such as
government agencies, industrial sector, information technology and
telecommunications sectors, domestic, and commercial sectors. The information
technology and telecommunications verticals are showcasing the significant
market growth due to the merging of various technologies in data center to
assists transmission of data.
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Rise
in the usage of mobile internet involving high-speed connectivity is projected
to escalate growth of the market. Regular increase in the number of internet
consumers coupled with advancement in digital services is spiraling
consummation large chunks critical data by businesses for further processing,
which is also propelling growth of the market over forecast period.
Growing
emphasis on price and time management services, increasing adoption of real
time data, requirement for automation in business processes, and rising
competition are key factors bolstering demand for structured cabling solutions.
Though, growing cost associated with the use of fiber optic cables,
compatibility issues with existing network infrastructure, and escalating
copper prices are limiting expansion of structured cabling market.
A
structured cabling system constitutes cabling systems and complete set of
associated hardware to offer distributed network infrastructure. The network
infrastructure is responsible for providing various services similar to
telephone facilities and transmission of data via a computer network. A
structured cabling system is considered as device independent. The
functionalities associated with the use of structured cabling systems starts at
the place where the service provider (SP) terminates a request, such point or
place in network is often referred as a demarcation or network interface device
(NID).
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A
structured cabling system commonly consists of network entrance points,
vertical and horizontal routes & cables, area-wise outlets, equipment
areas, communications joints, cross connecting facilities, and transition
points. Numerous benefits offered with adoption of structured cabling systems
are high in reliability in regards to the design and installation,
compatibility with physical and communication channels, scalability and
uniformity in performance.
The
structured cabling system are implemented in various networking facilities such
as a small-scale area similar to domestic household or enterprise buildings
also referred as a local area network (LAN). Numerous market players are
jointly venturing in further research and development of the structured cabling
systems to achieve high data transfer rates to maximize profit margin.
The
structured cabling market is divided into regional market segment such as North
America, Europe, Asia-Pacific, Latin America and Africa. North America has
shown major growth in recent years owing to the rise adoption of latest
technologies and to sustain existing network infrastructure. Asia-Pacific
region is predicted to hold major market share in the structured cabling market
with massive growth in forecast period. Countries such as China, Japan and
India are leading the Asia-Pacific market with growing use of broadband
services and increasing investment by leading industry players due to potential
opportunities in the region.
The
key players in the structured cabling industry are ABB Systems, Belden
Incorporations, CommScope Holding Incorporations, Corning Inc., Furukawa
Electric Corporations, Legrand Co., Nexans Inc., and Schneider Electric Co.
Market Segment:
Structured Cabling Product Type
Outlook (Revenue, USD Million, 2014 - 2025)
• Copper Cables
• Fiber Optic Cables
Structured Cabling Application
Outlook (Revenue, USD Million, 2014 - 2025)
• LAN
• Data Center
Structured Cabling Vertical Outlook
(Revenue, USD Million, 2014 - 2025)
• Government
• Industrial
• IT & Telecommunications
• Residential & Commercial
• Others
Structured Cabling Regional Outlook
(Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• Rest of Europe
• Asia Pacific
• China
• Japan
• RoW
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