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.
Structured Cabling Market is expected to grow at CAGR of ~10.4% during the forecast period and expected to reach market size of USD 17.4 Billion by the end of forecast period.
Major Kay Players:
- Comm Scope, 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.)
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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.
North America is expected to propel the market due to the intense research and development in the field of telecom industry technology related to network expansion, high penetration of Internet of Things, and growth of a number of IoT and cloud related technology in the region. Europe has been benefitted mainly due to the extensive initiatives taken by government.
Whereas, Asia Pacific market is expected to witness the fastest growth due to increasing awareness among individual, and development of technology hubs in the region. Various, government initiatives such as development of smart cities and smart homes also supports the growth of structured cabling in the region.
North America region is expected to hold a highest market share with the existence of early technology adopters in the region. The region also has existence of technologically advanced countries such as U.S. and Canada which are promoting the application related structured cabling market.
- Network infrastructure providers
- Wireless infrastructure provider
- SDN solution providers
- Cloud and virtualized datacenters
- Mobile network operators
- System integrators
- Cable installation service providers
- Research Institutions & Organizations
- Market Research & Consulting Firms
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Table of Contents:
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
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
List of Tables:
Table 1global Structured Cabling Market, By Wire Category
Table 2global Structured Cabling Market, By Application
Table 3 Global Structured Cabling Market, By Product Type
List of Figures:
Figure 1 Research Network Solution
Figure 2 Global Structured Cabling Market: By Wire Category (%)
Figure 3 Global Structured Cabling Market: By Application (%)
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