Pune, India, January 18, 2017 /MRFR Press Release/- Market Research Future published a cooked research report on Global Structured cabling Market.
The study reveals that structured cabling is trending in North America region. With the growing demand of wireless communications that requires high transmission rate with, large amount of bandwidth for internet connectivity. The cloud services requires highest quality of network connectivity. There is high adoption of cloud services among companies as the companies including Siemon (U.S.). CommScope, Inc. (U.S.), Nexans S.A. (France), are providing the high infrastructure and services which increase the demand from enterprise resource planning along with increasing trend of customer relationship management has prompted the need for higher cloud services in commercial sectors. The initial cost of installations & maintenance of these structured cabling is quite expensive. These cabling is required as per the customer’s demand. With the advancement in technologies and internet connectivity which is gaining momentum in the market but cabling cost is hampering the market growth.
In North America region, the increasing demand for cloud, co-location services and building automation are boosting the structured cabling market growth to the large extent. It is due to emergence of e-commerce which is continuously growing require the cloud services. The increasing adoption of cloud services in structural cabling in the banking, financial services and insurance, hospitality, hospitals, and education industries has driven demand of these services. The digitization, remote access, centralized control, accessibility and others are the driving factors of the structured cabling market. With the proliferation of new technologies available to homeowners, residential cabling will have to be upgraded to match these advances. The usage of advanced technologies has changed the increasing demand of structured cabling. The growing need of these cabling is fulfilling the requirement of customer’s need.
The global structured cabling market is growing rapidly over ~10.0% of CAGR and is expected to reach at USD ~ 17,181.2 million by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Structured cabling Market Research Report -Forecast to 2023”.
Access Report Details @ https://www.marketresearchfuture.com/press-release/structured-cabling-market
Global Structured Cabling Market Segmentation:
The global structured cabling market is bifurcated on the basis of wire category, application, product type, industry and region. The wire category is segmented into category 5e, category 6, category 6a, category 7 and others. The application is segmented into specialty LAN and WAN. The product type are segmented copper, co-axil and fiber. The industry are IT & Telecommunication, BFSI, commercial, industrial, automotive and others. The region includes North America, Europe, Asia Pacific and rest of the world.
The prominent players in the global structured cabling market are – CommScope Inc. (U.S.), Hitachi Cable America, Inc. (U.K.), Panduit (U.S), Legrand SA (France), TE Connectivity (Switzerland), Corning, Inc. (U.S.), Belden Incorporated (U.S), ABB Ltd. (Switzerland), Schneider Electric SE (France), Nexans S.A. (France), Teknon Corporation (U.S.), Siemon (U.S), Superior Essex (Georgia), Paige Electric (U.S), and Brand-rex (Scotland) among others.
Market Research Analysis:
On geographic basis, global structured cabling market is studied in different regions as North America, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with market share growth in the structured cabling market. The structured cabling is gaining huge demand due to advancements in network speeds, new transmission specifications has embarked the growing need of these cables in these regions. In this market, Europe is to be estimated to be the second largest market share for structured cabling during the forecast period. Asia Pacific is expected to gain highest CAGR in the coming years due to increasing trend of digitization has created the huge demand of structured cabling in the regions.