India Structured Cabling Market Is Growing at a CAGR of 12.9% During 2018 – 2023

The India structured cabling market was valued at $419.4 million in 2017 and is forecasted to witness a CAGR of 12.9% during 2018–2023 and will reach $861.6 million by 2023. Increasing demand for copper cables, growing data center market, increasing number of product launch activities by the market players, and rising demand for bandwidth solutions, are the major factors driving the growth of the market.

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On the basis of application, the India structured cabling market has been categorized into data center and LAN. Data center is expected to register faster growth in the market, during the forecast period, owing to growing demand for cloud computing and cloud storage. This demand is fulfilled by increasing number of data centers in the country. The market for data centers in India is expected to reach a value of $4.1 billion by 2020. Tier I cities predominantly, Mumbai, New Delhi, Chennai, Bengaluru and Pune are expected to be the main locations for data centers in the country.

Based on wire category, the India structured cabling market has been divided into Cat5e, Cat6, Cat6A, Cat7. Cat6 cable category held the largest market share in 2017. Cat6 cable is the most popular choice among all the cables which can be primarily attributed to the backward compatibility of this cable with Cat3, Cat5, and Cat5e cable system while providing at least 150 MHz of more frequency range than older types of cables that provides a cost-effective solution for the end users.

Regionally, the India structured cabling market has been categorized into northern, southern, eastern, and western. Southern region is projected to hold the largest revenue share of 41%, by 2023, in the India structured cabling market, with cities like Bengaluru, Chennai, and Hyderabad, that are few of the largest IT hubs in the country. Copper cabling has been providing a flexible, reliable, and economical communication medium since decades. Initially, commencing with the analog telephone and continuing with present high-speed digital networks, copper cabling has been the preferred choice for much of the communications infrastructure installed in India’s residential, commercial, industrial and institutional buildings.

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Some of the key players operating in the India structured cabling market are ComCore Connexions Pvt. Ltd., TE Connectivity Ltd., Schneider Electric SE, CommScope Holding Company Inc., Legrand Holding SA, The Siemon Company, Sterlite Technologies Limited, Panduit Corp., ABB Group, Belkin International Inc., Molex LLC, Belden Inc., and Reichle & De-Massari AG.

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