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Structured Cabling Market in Software Technologies Will Grow at A CAGR of Over 14% Over 2019 to 2025

Author : Ronak Bora | Published Date : 2019-04-18 

The software technologies are expected to witness a high adoption in the structured cabling market and will grow at a CAGR of over 14% over the forecast timespan owing to the rise in demand for effective tools that will help to manage, maintain, and implement the cabling systems in IT environment. These software tools allow the operators to manage the cabling infrastructure by aiding them to view the routing, physical layout, and locations of telecommunication cables, closets, outlets, connectors & individual fiber assignments.

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Propelled by extensive proliferation of digitization, the structured cabling market is slated to establish itself as an extremely lucrative investment ground in the forthcoming years. A number of legacy facilities are finding it difficult to maintain the order & ease with which a cabling infrastructure can be accessed. However, the extensively used cable management solutions & products in structured cabling can be installed with relative ease & can facilitate modular and simple designs, providing these legacy facilities with an ideal solution for the challenges they face, thereby driving the structured cabling market landscape.

 Growth Drivers: -

1) North America & Europe

  • Rise in number of internet users
  • High investment in data center upgrades
  • Growth in number of IoT and cloud related technologies

2) Asia Pacific & Latin America

  • Growing demand for the high-speed data transmission in telecom sector
  • Growth of mega and hyperscale data centers
  • Increasing number of colocation service providers
  •  

3) MEA

  • Rise in adoption of the smart technologies
  • Impact of government regulations and policies in Middle Eastern countries

The growing adoption of digital services and increasing number of internet users will augment the data center demand, thereby driving the structured cabling market growth. The cabling systems offer faster data transfer speeds and effective connectivity of IT devices, reducing the chances of system downtime and failure. It improves the effectiveness in the decision-making process, maximizing the business profits.

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The structured cabling market is witnessing a high adoption of the solutions in the IT & telecom industry. With the increasing installation of computers and storage & networking devices to support business operations, the cabling infrastructure of these sectors needs to be efficient and reliable. These companies are investing highly in modifying their cabling infrastructure to reduce the network errors and system downtime, thereby accelerating the structured cabling market demand.

The Asia Pacific structured cabling market is predicted to grow substantially due to the rapid industrialization and urbanization in major economies such as China, India, and Japan. The global companies are expanding their enterprise operations in these countries due to the favorable business environment and economic human resources. Such factors are encouraging these businesses to establish their IT environment for the storage and processing of their enterprise data in these countries.

Owing to the presence of a connectivity-driven foreground, the global structured cabling market would be drawing in significant growth over the years to come. In fact, according to a research report by Global Market Insights, Inc., the overall structured cabling market would be exceeding a valuation of $25 billion by 2025.

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The major companies operating in the structured cabling market are Rittal GmbH & Co. KG, ABB Ltd., Anixter International, Belden Inc., CA Technologies, Cisco Systems, Inc., CommScope Holding Co., Inc., Corning, Inc., Furukawa Electric Co., Ltd., IBM Corporation, Legrand, Metz Connect, Nexans S.A., Panduit Corporation, Reichle & De-Massari AG, RiT Tech Ltd., Schneider Electric SE, TE Connectivity, and The Siemon Company.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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