Structured cabling continues to witness lucrative opportunities across countries on the backdrop of increasing number of data centers worldwide. Moreover, growth in IT and telecommunication sector has influenced the adoption of structured cabling owing to increasing demand for high bandwidth from users. This has encouraged service providers to adopt enhanced data cabling solutions, thereby driving adoption of structured cabling. The trending convergence of old and new media, which facilitates leveraging network capacity, is further anticipated to create remunerative growth opportunities for the structured cabling market.
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Digitalization has impacted the manufacturing and construction sectors, creating demand for advanced data infrastructure that makes use of structured cabling. Structured cabling has been deemed as proficient solution to reduce risks, enhance speed and at the same time support data security. Emergence of 5G will continue to fuel demand for efficient data cabling solutions, particularly in the developed economies. However, high initial cost of installation is a key growth deterrent for the structured cabling market.
A recent Fact.MR study foretells the structured cabling market to record an impressive expansion at 7.1% CAGR over the forecast period (2018-2028). Structured cabling continues to witness increased traction in light of its capacity to facilitate super-fast transmission of data and other information from one point to another. Media technology suppliers, given the pervasiveness of media and broadcast proliferation, require high speed transmission systems such as structured cabling. This, coupled with increasing mobile internet subscriptions, will pave lucrative growth avenues for the structured cabling market.
Emergence of 5G to Impact Adoption of Structured Cabling
As mobile operators sprint to provide next generation services as well as Internet of Things (IoT) connectivity to countless subscribers, the rate of 5G field deployments and trials has witnessed a brisk acceleration since the past few months. Service providers, still grappling up with the 5G evolution, are addressing various challenges with respect to hybrid cloud, fixed mobile convergence, increasing virtualization and network slicing which is expected to drive the need for efficient cabling systems.
Increasing number of 5G deployments across the globe, given the huge appetite for data connectivity, have paved potential pathways for use of structured cabling. This has pushed telecom players to actively invest in upgrading their network services, 5G deployment trials and commercial launches to offer enhanced and speedy data transfer. Telecom Regulatory Authority (TRA) of various countries has initiated steps for development of 5G network in the respective regions.
Tech giants such as Intel and Samsung have showcased large number of 5G trials in the world in a bid to outclass competition and establish a firm speedy network. As a consequence, the emergence of 5G trend has strengthened the demand for structured cabling, in turn fuelling the market growth.
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Structure Cabling Market - Communication Infrastructure Modernization and Advent of Seamless Cloud to be Future Growth Determinants
Cabling sector has been witnessing a radical change, with its entry into a new era of modernization, to get ahead of market dynamics, given the emergence of new business models and transformation in the manufacturing sector. With internet being the epicenter of growth, enterprises are taking initiatives to modernize and expand their communication infrastructure to respond faster to the changing business and customer needs. In addition, expanding or modernizing communication infrastructure facilitates improved efficiency with speed, hurling a cohort of opportunities for structured cabling across various industries.
With increasing IT agility, companies are becoming more focused on proving their success in cloud-based solutions to cater rising networking requirements and are investing in seamless cloud initiatives. These companies are expecting efficient products from the network cabling industry to integrate the state-of-the-art-data cabling infrastructure in order to support these cloud initiatives. High focus on enhanced transmission speeds, security and flexibility has created a massive opportunity funnel for structured cabling, in turn aiding the global market’s growth.
Table of Content:
Chapter 1 Executive Summary
1.1 Opportunity Analysis in Global structured cabling market
1.2 Mega Trends in Global Structured Cabling Market
1.3 Market White Spaces Analysis and Wheel of Fortune Opportunity Analysis
Chapter 2 Global Structured Cabling Market Overview
2.2 Market Taxonomy
2.3 Market Definition
2.4 Scope of the report
2.5 Market Dynamics
2.6 Macroeconomic Factors Analysis
2.7 Value Chain Analysis
2.8 PEST Analysis
2.9 Porter’s Five Forces Analysis
2.10 Forecast Factors
2.11 List of Few Other Structured Cabling Providers by Region
2.12 Global Structured Cabling Market Scenario Forecast (Under Optimistic, Likely and Conservative Market Conditions)
Chapter 3 Global Structured Cabling Market Analysis
3.1 Global ICT Market Outlook
3.2 Market Forecast and Analysis, 2013-2028
3.3 Regional Market Assessment
3.3.1 North America
3.3.2 Latin America
3.3.7 Market Share and Forecast Comparison by Region, 2018 & 2028
3.3.8 Market Value (US$ Mn) & Forecast by Region, 2013-2028
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Structured Cabling Market Projected to Experience Major Revenue Boost during the Period between 2018
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