NEW YORK, May 29, 2018 (GLOBE NEWSWIRE) -- Global structured cabling market is expected to reach $10.68 billion by 2023, according to P&S Market Research, the rising number of data centers and the ever-increasing demand for technologies such as Wi-Fi, cloud computing, and IoT are pushing the need for standardized cabling solutions, such as structured cabling. Besides, the increasing need to cut down operational costs is fueling the demand for power-efficient cabling solutions.
Request to get the sample pages: https://www.psmarketresearch.com/market-analysis/structured-cabling-market/report-sample
Based on product type, the structured cabling market is categorized into copper cable, fiber cable, copper components, and fiber components. Of these, copper cable was the largest revenue contributor to the market in 2017. Copper cables commonly used in structured cabling include unshielded twisted pair (UTP), shielded twisted pair (STP), and foil-screened twisted pair (FTP). During the forecast period, the market for fiber cable and components is expected to grow at a faster pace, as compared to that for their copper counterparts. Growing demand for increased bandwidth, low attenuation, high security, and reliable networks is expected to drive the demand for fiber cable and components for structured cabling systems in the coming years.
On the basis of wire category, category 6 held the largest revenue share in the structured cabling market in 2017, followed by categories 5e and 6A. Category 7 is expected to witness the fastest growth in the market, during the forecast period. The 5e wire category will observe slow growth, during the forecast period, on account of its short life cycle and less efficiency. However, the decline of this category will be offset by category 7 wires.
Browse report overview with detailed TOC on "Structured Cabling Market"at:https://www.psmarketresearch.com/market-analysis/structured-cabling-market
Structured cabling makes cabling management simple, as its administration and operation require fewer technical personnel. In the current scenario, when every growing organization wants a hassle-free IT infrastructure, the demand for structured cabling is on the rise. It saves cost as well as time of business organizations, such as data centers. Besides, it is a more organized and standardized approach, as compared to patch cords. The standardization of connectors, and copper and fiber cabling further simplifies the planning and implementation of IT networks. Structured cabling standards also define a series of subsystems that facilitate design, installation, operation, and maintenance of IT networks.
Developing countries of Asia-Pacific (APAC), Latin America, and Africa are creating ample growth opportunities for the players in the structured cabling market. The increasing number of data centers and the growing demand for high-speed internet networks have been spurring the market growth in these regions. Hence, countries such as China, India, and Brazil are expected to play a pivotal role in the growth of the global structured cabling market in the coming years.
The competition in the structured cabling market is moderate, with the presence of a moderate number of players. With the evolution of next-generation technologies, such as IoT, market players are focusing on offering innovative products to cater to the demands of global customers.
Some of the key players in the structured cabling market are CommScope, Corning Inc., Panduit Corp., ABB Ltd., Schneider Electric, Nexans, Belden, and Furukawa Electric.
More Reports by P&S Market Research
Radio Frequency Integrated Circuits (RFIC) Market
The Wi-Fi product segment is expected to witness a considerable growth during the forecast period. The growing demand for combo RFIC in consumer electronics, including Wi-Fi, NFC, Bluetooth and GPS, is expected to boost the growth of the global market during the forecast period. The demand for standalone Bluetooth is mainly expected from automotive, printers, and wireless headsets, owing to the low cost of Bluetooth along with low power consumption of the standalone Bluetooth.
https://www.psmarketresearch.com/market-analysis/frequency-integrated-circuits-market
VCSELs Market
The global vertical cavity surface emitting laser (VCSELs) market is expected to grow at a CAGR of 21.9% during 2016 - 2022. Among the various types, the gallium arsenide segment held the largest share in the global VCSELs market in 2015.
https://www.psmarketresearch.com/market-analysis/vcsels-market
About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research-based consulting services across different industry/business verticals.
As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
Contact:
P&S Market Research
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com