Press release
What's driving the Structured Cabling Market trends? Cisco Systems, IBM Corporation, ABB Ltd., CA Technologies, Belden, Inc., Furukawa Electric Co., Ltd., Legrand, Reichle & De-Massari AG, Panduit Corporation, Schneider Electric SE, METZ Connect, The Siem
Structured Cabling Market
Structured Cabling Market is expected to exceed USD 25 billion by 2025. Increasing concerns about the network security and the safety of IT devices are encouraging industrial sectors to implement effective cabling infrastructure that will reduce the chances of accidental access or intrusion. The manufacturers in the structured cabling market are offering different types of solutions that allow these customers to protect their devices from unauthorized access. For instance, the policy of color-coding techniques can be effective for stopping such illegal access and will also alert operators about such issues.
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Key players operating in the structured cabling market are Cisco Systems, Inc., CA Technologies, ABB Ltd., Belden, Inc., IBM Corporation, Furukawa Electric Co., Ltd., Legrand, Reichle & De-Massari AG, Panduit Corporation, Schneider Electric SE, METZ Connect, The Siemon Company, and TE Connectivity, among others.
The structured cabling market is witnessing a high demand for the deployment and maintenance of services. With the rapid increase in network complexities, the industries are shifting toward modern technologies to enhance their network & cable infrastructure. These modern solutions require IT experts for the installation and integration into the IT environment. The effective end-to-end network connectivity and cabling environment will enhance the operators? control over the IT access and monitoring. Moreover, several manufacturers in the structured cabling market are also offering maintenance & support services that will allow customers to manage their cabling infrastructure components and solutions from time to time. For instance, Belden, Inc. is engaged in offering technical and sales support to its customers.
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. For instance, in January 2018, Global Cloud Exchange (GCX), which is a subsidiary company of Reliance Communications announced that it is planning to lay around 68,000 km submarine cable system that will carry the data across Asia and Europe. The company is going to invest around USD 600 million for this project.
The structured cabling market is witnessing a high adoption of the fiber networking technology, which will reduce the number of telecommunication rooms, thereby limiting the potential intrusion points.
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. Moreover, the increased government support and initiatives to attract global companies for establishing their business base in the countries is also a major factor propelling the structured cabling market. For instance, in January 2014, India and Globalization Initiative (IAGI) was launched that aims to promote the adoption of globalization factors.
These companies are engaged in adopting several strategies such as mergers & acquisitions, for capturing large customer base and diversifying their product offerings. For instance, in January 2019, Panduit Corporation announced the acquisition of Atlona, that develops a diverse range of products such as networked AV, wireless signal collaboration, and signal distribution. This acquisition will allow Panduit to expand its product offerings in the structured cabling market.
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Report Content
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Structured Cabling Industry Insights
Chapter 4. Structured Cabling Market, By Component
Chapter 5. Structured Cabling Market, By Application
Chapter 6. Structured Cabling Market, By Region
Chapter 7. Developer Profiles
7.1. ABB Ltd.
7.2. Anixter International
7.3. Belden Inc.
7.4. CA Technologies
7.5. Cisco Systems, Inc.
7.6. Commscope Holding Co., Inc.
7.7. Corning, Inc.
7.8. Fiber Mountain, Inc.
7.9. Furukawa Electric Co., Ltd.
7.10. IBM Corporation
7.11. Legrand
7.12. Metz Connect
7.13. Nexans S.A.
7.14. Panduit Corporation
7.15. Reichle & De-Massari AG
7.16. RiT Tech (Intelligence Solutions) Ltd
7.17. Rittal GmbH & Co. KG
7.18. Schneider Electric SE
7.19. TE Connectivity
7.20. The Siemon Company
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