The structured cabling system is a term defined as the integration of associated hardware and set of cables to offer inclusive telecommunication infrastructure to a number of management systems. This telecommunication infrastructure allows the transmission of video & voice and data signal to another system. In addition to this, for the development of a well-organized networking connection, several types of connecting & cable devices for the services, connections, and software for maintenance monitoring, installation, and designing is needed.
The growing number of internet users and increasing adoption of digital services will increase the demand of the data center; these factors are responsible to drive the growth of the structured cabling market. The structured cabling provides efficient IT devices connectivity and faster speed for data transfer, decreasing the system failure and downtime chances. In addition, it also increases the effectiveness of the decision-making process as well as increases business profits. Furthermore, the increasing demand for high-speed devices connectivity will drive the growth of this market.
As we know, the communication network is one of the essential elements of any infrastructure and the requirement for fast and advanced communication technology has continually been growing in the market across the world. However, the global structured cabling market is likely to grow with healthy growth over the predicted period. Growing demand for huge expansion, bandwidth, and reconstruction of communication infrastructure are factors driving the growth of this market.
IT & telecommunication is likely to continue to be one of the leading segments of the structured cabling market across the world in the coming years, owing to the increasing need to facilitate huge communication and managed energy consumption. In addition to this, the segment is expected to extend at the maximum revenue into the coming years. In recent years, several enterprises have taken initiatives to streamline and outspread their communication infrastructure.
According to the geography, the North American market for structured cabling to hold one of the highest shares across the world in the year 2017, owing to the concentration of several leading manufacturers and the rapid development of the IT & telecommunication across the region. In addition to this, the huge number of cable and wire deliveries to electric utilities across the region is boosting the market. Likewise, the United States held the major share of the North American market in the year 2017.
Huge growth of the transportation & logistics sector in the number of countries across Europe is boosting the structured cabling market in the region. Growing demand for structured cabling in Asia pacific region is also expected to continue to grow with a healthy growth rate in countries such as Japan and China, owing to the rapidly growing IT and telecommunication industries and rising expenditure of government on the development of infrastructure across the region. The structured cabling market in India is anticipated to grow with significant shares in the coming years, owing to the growing urbanization at a rapid pace and rising construction of commercial as well as residential buildings across the region.
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