The structured cabling market is expected to register sizable growth over the coming years as a result of rising concerns regarding the safety of IT devices. With network and IT security gaining high significance, companies in the industrial sector are adopting effective cabling infrastructure that lessen the chances of accidental access or intrusion.
Firms offering structured cabling services are implementing fiber networking technology to reduce the number of telecommunication rooms, hence putting a limit to potential intrusion points. Cable manufacturers are providing various types of solutions which enable customers to protect their devices from unauthorized access. For example, the policy about color-coding techniques could be effective for prohibiting illegal access and may help alert operators.
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The global structured cabling market size for fiber optic cable segment will witness appreciable growth owing to the product’s offered high-speed connectivity and compact size. The ever-growing demand for high-speed internet has augmented product adoption due to its high bandwidth offering compared to traditional metal cables. Industry players like Google, Amazon, Facebook and more, that own huge data centers worldwide, store and distribute large amounts of data on the internet by primarily depending on high-speed fiber optics cables that transmit data over longer distances more quickly and efficiently.
Rising technological advancements in addition to adoption of product innovation as a strategy, have facilitated product demand in recent years. For Instance, in March 2019, Legrand unveiled a new high-speed structured cabling offering called LCS3 system that uses both fiber optic and copper solutions to provide greater scalability, reliability and efficiency to networks.
With the implementation of efficient structured cabling systems, the cable management segment will gain commendable traction in structured cabling market over the forecast period. Just like efficient cooling systems, data centers demand effective cable management solutions as they help in tacking some of the most pressing challenges faced by network and IT technicians. Without effective cable management solutions, data centers are at a constant risk of exposing cables to high fatigue rates, face difficulty in identifying cables and are also more susceptible to issues while updating or upgrading a certain network.
With efficient cable management solution in place, data center operators can ensure easy network expansion, reconfiguration and can perform maintenance operations without worrying about unplugging the wrong hardware or wires emerging from a system. Additionally, techniques like vertical/horizontal cable managers and cable trays offer an excellent means to secure, bundle and route cables to ensure easy cable access and identification, further helping operations to troubleshoot issues more quickly and efficiently, which will in turn supplement industry outlook.
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Asia Pacific structured cabling market accounted for over 20% of the industry share in 2018 and is likely to witness high growth rate over the forecast period, owing to swelling demands in the IT & telecom sector. The IT & telecom companies represent a major market share due to rapid implementation of the fiber optic cables and the emergence of latest 5G technologies, advancements that are expected to generate significant business opportunities for telecom firms, allowing them to gain revenues in the fixed broadband market and business-to-business (B2B) opportunities such as smart cities and IoT (Internet of Things).
Some other key players operating in the structured cabling market include CA Technologies, IBM Corp., ABB Ltd., Belden, Inc., Furukawa Electric Co., Ltd., Reichle & De-Massari AG, Legrand, Schneider Electric SE, The Siemon Company, METZ Connect, and TE Connectivity, among others.
Major Key Points from Table of Content:
Chapter 5. Structured Cabling Market, By Application
5.1. Key trends by application
5.2.1. Structured cabling market estimates and forecast, 2015 – 2025
5.3.1. Market estimates and forecast, 2015 – 2025
5.4.1. Market estimates and forecast, 2015 – 2025
5.5.1. Market estimates and forecast, 2015 – 2025
5.6.1. Market estimates and forecast, 2015 – 2025
5.7.1. Market estimates and forecast, 2015 – 2025
5.8. IT & telecom
5.8.1. Market estimates and forecast, 2015 – 2025
5.9.1. Market estimates and forecast, 2015 – 2025
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