Data Center Structured Cabling Market Overview:
The Data Center Structured Cabling market industry
is projected to grow from USD3.25728Billion in 2023 to USD 8.251100007 billion
by 2032, exhibiting a compound annual growth rate (CAGR) of 12.32%during the
forecast period (2023 - 2032).
The demand for data center structured cabling is
increasing due to the rising implementation of high bandwidth from that of
high-speed connectivity devices and systems. The COVID 19 pandemic did show its
impact upon diverse industries, and the data center structured cabling market
is not any exception. Data centers did experience a heavy usage surge during
the pandemic lockdown, as the demand for binge-watching over television
increased. Apart from that, e-learning, remote working, and other such
activities are also picking up the utilization scale.
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Key Players:
Key Companies in the Data Center Structured Cabling
market include,
- R&M
- Nexans
S.A.
- Furukawa
Electric Co
- Legrand
- Belden,
Inc
- Schneider
Electric
- CommScope
- Panduit
Corp
- Corning
Inc
- Siemon
Several industries such as IT, telecommunications,
automotive, manufacturing, and others are also adapting the byproducts of the
data center structured cabling industry. All of the key players or companies
within the market are adapting productive measures in order to support those
who are in need of urgent connectivity services or cabling at the time of
crisis. It has turned out to be the lifeline for office workers and remote
working professionals. COVID pandemic also pushed the use of fiber optic cables
in order to streamline the connectivity aspects for people who are working from
home.
The health care sector is also utilizing this
potential of high connectivity and is now running across its dedicated
infrastructures. The report focuses on the overall data center structured
cabling market growth, depending upon the analysis of market drivers, market
restraints, market segmentation, and other related aspects. The data center
structured cabling market size was higher in the previous forecast period, but
with the pandemic, the demands have multiplied exponentially. Therefore, the
collective revenue is expected to be higher in the present forecast years.
Market Segmentation:
Based on the wire category segmentation, the global
data center structured cabling market is categorized into different types of
wires. The wires include Category 7, Category 6A, Category 6, and Category
5E.
Based on the product type segmentation, the
global data center structured cabling market analysis is classified
into copper wire products and fiber optics products—the fiber optic segment
experienced massive growth in the previous year.
Regional Analysis:
The global data center structured cabling
market share is widely collected from sales across diverse parts of the
world. The performing regions include North America, Europe, Asia-Pacific, and
other parts of the world. North America is expected to generate the highest
data center structured cabling market share, and Europe will hold onto the
second position. It is because the demand and supply rate is higher in both of
these regions, as of present forecast years.
Market Drivers:
High-speed connectivity systems are the urge of the
hour and are applicable for boosting the market potential of almost all
industries. Therefore, the need for high-speed networks across industrial,
commercial, and residential applications is what is driving this market to
utmost growth.
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Market Restraints:
The compatibility issues are what intends to act as
market restraint for the industry. There is a low compatibility aspect for
structured cabling to that of the old infrastructure of communication. And that
is possibly a restrain in the present data center structured cabling
market forecast years.
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