6th
August 2019 – The global structured cabling 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.
Get a Sample Copy
of This Report @ https://www.millioninsights.com/industry-reports/structured-cabling-market/request-sample
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).
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
For More Details,
Visit @ http://www.millioninsights.com
No comments:
Post a Comment