Structured Cabling Market Share, Size, Future Demand, Top Leading Player, and Emerging Trends

by Devanshu Shrivastava

The soaring need for effective cabling management in the telecom industry is another important structured cabling market growth driver. Structured cabling enables easier cabling management, as it can be managed and deployed without requiring the assistance of a large staff. Moreover, structured cabling helps businesses, government agencies, and data centers save cost and time, as it is a more standardized and organized method of deploying cables as compared to the conventionally used patch cords.

Depending on product, the structured cabling market is divided into copper components, copper cable, fiber components, and fiber cable. Out of these, the copper cable category dominated the market in 2019, because of the lower price of copper cables than fiber cables. Additionally, the growing use of copper cables in emerging economies is predicted to drive the progress of the category in the coming years. The application segment of the market is divided into the data center and local area network (LAN) categories.

Between these, the data center category is exhibiting rapid expansion, owing to the burgeoning need for effective cabling management. This is ascribed to the soaring requirement for computer resources and centralized databases. Moreover, structured cabling standards define the way a connection should be set up in a series of subsystems, including network connections that enable the design, operation, maintenance, and installation of IT networks. Geographically, the APAC structured cabling market is expected to demonstrate the fastest growth in the coming years.

This will be because of the surging number of data centers and soaring requirement for high-speed internet networks and bandwidth in the region, owing to the surging number of IT hubs and rapid technological advancements and innovations, such as the development of 5G, especially in India, Japan, South Korea, and China. Furthermore, with rising data consumption and mushrooming population, the regional market is predicted to surge sharply in the forthcoming years.

Thus, owing to the increasing internet penetration, rising data consumption, and a burgeoning need for high bandwidth, the market will boom all over the world in the coming years.

Source: P&S Intelligence


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