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Structured Cabling Market
Structured Cabling Market
Structured Cabling Market is predicted to foresee a remarkable growth over the coming years, owing to the increasing investment in communication infrastructure. Structured cabling refers to a telecommunication cabling infrastructure used across campus or buildings with the flexibility to assimilate changes.
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Growth in the structured cabling market is driven by the growing demand for high-speed connectivity and increasing emphasis on time and cost management. Accelerating penetration of the internet and digital services has increased the volume of private data collected by the organization. A structured cabling system enables data transfer at a very high-speed, helping enterprises improve the efficiency of their decision-making process, bolstering the market growth. Structured cabling helps reduce complications by eliminating the need for different wiring infrastructure, improving flexibility, and easy management. Ongoing technological innovations in IT, such as the application of the Internet of Things, will further fuel Structured Cabling Market share.
By solution type, the product segment is projected to hold a larger share over the forecast period owing to the presence of the hardware in this segment, which are the major components required to set up the network in the structured cabling system.
By vertical, the IT & Telecommunications segment is anticipated to expand at a faster CAGR over the forecast period due to the augmenting adoption of fiber optic cables to provide networking & communication services to the customers. Furthermore, a surge in demand for a faster internet connection among various subscribers has raised the need to upgrade existing network infrastructure, fuelling the Structured Cabling Market size.
By region, North America region is predicted to lead the market over the forecast period, owing to the presence of leading structured cabling market companies. Also, the accelerating penetration of data centers and telecommunication industries across the region has bolstered the demand for structured cabling in the market. Moreover, the growing adoption of cloud-related technology and IoT are other factors strengthening the market growth.
Leading players operating in the market include Nexans, Legrand, Panduit, Belden Inc., CommScope Inc., Corning Incorporated, R&M, Schneider Electric, Furukawa Electric Co., Ltd., and Siemon.
Key Developments:
In 2020, Siemon expanded the range of cost-effective open rack and cable management solutions by innovating Value Vertical Cable Manager (VVCM) system. This system can provide a diversified range of easy-to-use features available in both single and double-sided versions to allow a variety of infrastructure topologies.
Structured Cabling Market Segmentation:
Structured Cabling Market by Solution Type
· Product
o Communication Outlets
o Cables
o Patch Cords & Cable Assemblies
o Patch Panels & Cross Connects
o Racks & Cabinets
· Software
· Service
o Managed Services
o Installation & Consultation
o Maintenance & Support
Structured Cabling Market by Cable Type
· Category 5E
· Category 6
· Category 6A
· Others
Structured Cabling Market by Vertical
· Residential & Commercial
· IT & Telecommunications
· Transportation
· Government & Education
· Industrial
· Others
Structured Cabling Market by Region:
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· North America
o United States of America
o Canada
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
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