Steady Growth predicted for Structured Cabling Market in Future

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The global structured cabling market generated revenue of $7669.8 million in 2017 and is expected to witness a CAGR of 5.5% during forecast period (2018–2023). Advancements in information technology (IT) are positively influencing the growth of the market.

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Structured Cabling Market

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2 Global Structured Cabling Market © PS Intelligence. All rights reserved The global structured cabling market generated revenue of 7669.8 million in 2017 and is expected to witness a CAGR of 5.5 during forecast period 2018 –2023. Advancements in information technology IT are positively influencing the growth of the market. Structured cabling offers a simple approach to manage systems with complex data transfer routes via transmission solutions that enable users to send data voice and signals in a manner helping them make the most of the data transfer rate. The structured cabling market is huge and has diverse areas of growth. Business enterprises are actively optimizing their IT infrastructure by adopting more efficient solutions including structured cabling. It is a network that handles information in the form of data voice and videos and can even manage complex building management systems easily. Product wire category application end use and region are the segments of the market that allow for a better understanding of the domain. On the basis of product the market is divided into copper cable copper components fiber cable and fiber components. Usually the copper cables used in structured cabling are shielded twisted pair STP foil screened twisted pair FTP and unshielded twisted pair UTP type. In 2017 copper cable and copper components jointly held the major revenue share 60.0 in the structured cabling market. The increase in the number of internet users and rapid adoption of digital services have led to an exponential increase in the volume of sensitive data collected by organizations. Here structured cabling provides the facility of data transfer at a higher speed which is aiding the structured cabling market growth. Read more related reports: India Structured Cabling Market

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3 Global Structured Cabling Market © PS Intelligence. All rights reserved Kindly write to: enquirypsmarketresearch.com B-13 Sector – 2 Noida U.P. – 201301 INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 Disclaimer: PS Intelligence always keeps customers interest at the core while carrying out research activities. PS Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However the information in publications is subject to fluctuations as they are based on primary interviews of officials from various companies or organizations. PS Intelligence is not responsible for any incorrect data provided to us by the key industry players of the concerned domain. The information or analysis in PS Intelligence publications represents opinion based on research and should not be interpreted as statements of fact. The information in this report were believed to be correct at the time of publication but cannot be guaranteed. PS Intelligence does not endorse any product service or vendor depicted in its research publications. All intellectual property including trademarks and copyrights belong to their respective owners and may be protected by copyright. Under no circumstance may these be reproduced in any form without the prior written agreement of its owner. An order for market research report is intended for internal use of the company alone and not for disclosure to third parties or any publication in general. No service report or part thereof provided by PS Intelligence can be reproduced republished resold revealed distributed circulated or sublicensed in any medium or form now realized or hereafter become realized including and not limited to all forms of optical-based media magnetic electronic or digital without a written permission from PS Intelligence.

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