Data Center Structured Cabling Market to Register Admirable Growth Due to Favorable Government Initiatives
Global Data Center Structured Cabling Market Information: Wire Category (Category 5E, Category 6, Category 6A, Category 7, Others), Product Type (Copper Wire, Fiber Optic), and Region – Global Forecast Till 2023
Pune, India – July 22, 2019 /MarketersMedia/ —
Market Highlights
The global data center structured cabling market is predicted to touch USD 2.97 billion at an 11.4% CAGR over the forecast period (2018-2023), reveals the new Market Research Future (MRFR) report. Cabling with data centers can be either unstructured or structured. Structured cables use predefined standard based designs along with predefined pathways and connection points. The cabling used is specified resting on the system’s bandwidth needs and tested to ensure the right performance. These cables will be labeled as well as organized. Though structured cabling systems may take more time for installation and also possess higher initial cost, but its operational cost will be lower, and the system’s life cycle will be longer in comparison to unstructured systems.
Various factors are driving the growth of the data center structured cabling market. These factors, in accordance with the Market Research Future (MRFR) report, include pressing need for centralizing the database of enterprises, the pervasiveness of various smart devices, adoption of cloud services, and increase in the use of IoT across industry verticals. Additional factors boosting market growth include an increase in automation processes, increasing use of digital services, development of advanced infrastructure, initiatives by the government to promote digitization, rise in population, and favorable initiatives such as free Wi-Fi.
On the contrary, high installation, as well as maintenance costs, are likely to impede the data center structured cabling market growth over the forecast period.
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Segmentation:
The Market Research Future report offers a wide segmental analysis of the data center structured cabling market based on product type and wire technology.
Based on wire technology, the data center structured cabling market is segmented into category 7, category 6A, category 6, category 5E, and others. Of these, the category 6 segment will have the largest share in the market over the forecast period, followed by category 5E.
Based on product type, the data center structured cabling market is segmented into copper wire and fiber optic. Of these, the copper wire segment will dominate the market over the forecast period.
Regional Analysis:
Based on the region, the data center structured cabling market report covers growth opportunities and the latest trends across Europe, North America, Asia Pacific (APAC), and the Rest of the World (RoW). Of these, North America will remain the driving force in the market over the forecast period. Penetration of IoT and its adoption among regular consumers and enterprises and the adoption of cloud technology will push market demand in this region.
The data center structured cabling market in Europe will have the second largest share in the market over the forecast period. This is owing to the emergence of numerous IoT providers here. Moreover, the burgeoning demand for cloud technologies, the introduction of initiatives for implementing automation in various industries, and stemming of data centers for handling consumer demands will impact the market growth positively.
The data center structured cabling market in the APAC region is predicted to have an impressive growth over the forecast period. This is owing to the rise in data consumption, as well as the penetration of smartphone devices. Besides, reliable network connectivity and better technology infrastructure across the Asia Pacific region will push market growth in this region. India is predicted to create notable opportunities for the data center structured cabling market owing to the growing demand for cloud storage and cloud computing.
Competitive Dashboard:
Leading players profiled in the data center structured cabling market report include Teknon Corporation (US), Paige Electric Co., L.P. (US), NKT A/S (Denmark), Schneider Electric SE (France), ABB Ltd. (Switzerland), Legrand S.A. (France), Belden Inc. (US), Corning, Inc. (the US), Hitachi Cable America Inc. (US), CommScope Inc. (US), Brand-Rex Ltd. (Scotland), Nexans (France), Superior Essex Inc. (US), TE Connectivity Ltd. (Switzerland), Panduit Corp. (US), and Siemon (US).
April 2019: Legrand has launched its latest high-speed structured cabling to offer ultra-fast data processing with greater efficiency, scalability, and reliability. Faster installation times, ease of installation, easy reading, and modular construction are some of its benefits.
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List of Figures
FIGURE 1 GLOBAL DATA CENTER STRUCTURED CABLING MARKET: MARKET STRUCTURE
FIGURE 2 RESEARCH PROCESS OF MRFR
FIGURE 3 TOP DOWN & BOTTOM UP APPROACH
FIGURE 4 DROC ANALYSIS OF GLOBAL DATA CENTER STRUCTURED CABLING MARKET
FIGURE 5 VALUE CHAIN: GLOBAL DATA CENTER STRUCTURED CABLING MARKET
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS OF THE GLOBAL DATA CENTER STRUCTURED CABLING MARKET
FIGURE 7 GLOBAL DATA CENTER STRUCTURED CABLING MARKET, BY WIRE CATEGORY, 2016-2023 (USD MILLION)
FIGURE 8 GLOBAL DATA CENTER STRUCTURED CABLING MARKET, BY PRODUCT TYPE, 2016-2023 (USD MILLION)
FIGURE 9 GLOBAL FIBER OPTIC, DATA CENTER STRUCTURED CABLING MARKET, BY PRODUCT TYPE, 2016-2023 (USD MILLION)
FIGURE 10 GLOBAL MULTIMODE FIBER OPTIC, DATA CENTER STRUCTURED CABLING MARKET, BY TYPE, 2016-2023 (USD MILLION)
Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Website: https://www.marketresearchfuture.com/reports/data-center-structured-cabling-market-6459
Source: MarketersMedia
Release ID: 88899429
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