The global structured cabling market is predicted to experience a steady growth during the forecast period of 2015 to 2021. Structured cabling is a set of cables and associated connectivity products that facilitates integration of various management system to enable faster transmission of data, video signals and voice from one point to other or from one server to other. The global structured cabling market is segmented by application, solution type and geography. By application the various category of structured cabling market includes commercial, government, industrial and transportation.
Based on solution type, the global structured cabling market is segmented into hardware, software and service. The hardware segment is further segmented into copper cable, racks and patches, fiber cable, patch panels and cross connects.Moreover, cross sectional analysis of all the mentioned segments across different geographical locations including North America, Asia Pacific, Europe and Rest of the World (RoW) is also provided in this report.
The structured cabling market is primarily driven by increasing demand for structured cabling components across different datacenter network globally. The rapid growth of the internet and cloud computing applications has resulted in datacenter network bandwidth requirements. The operators of datacenters are continually facing the challenge of meeting the increasing demands for network bandwidth without exorbitantly increasing infrastructure power and cost. This triggers the need of structured cabling globally which is cost effective, has long transmission distancecapability andresults in consumption of less power.
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In addition, different initiatives such development of green datacenters,has been taken by the government in different parts of the world such as the U.S., Canada, U.K., Australia, China and Japan to reduce the power consumption and heat generation in datacenters. This in turn is expected to increases the deployment and usage of structured cabling components. Moreover, the ongoing practice to upgrade the prevalent cabling system along with new installation adopted by different application segments across the globe in order to get fast and reliable network connection is also predicted to drive the market of structured cabling globally.
However,lack of awareness about the benefits associated with structured cabling infrastructure, deters the growth of structured cabling market and limit users to switch to structured cabling system from traditional coaxial cabling system. In addition, high installation and maintenance cost associated with structured cabling is another important factor restraining the growth of structured cabling market. Moreover, low electromagnetic compatibility of structured cabling which can hamper costly electronic devices also restricts the growth of structured cabling market globally.In spite of these restraining factors, the structured cabling market is expected to experience robust growth during the forecast period of 2015 to 2021.
A conclusive analysis of the global structured cabling market along with future predicted market growth from 2015 to 2021 is provided in this report.Detailed study of the global structured cabling market across different application and solution type segments is highlighted in this report.In addition, various macro and micro economic factors that are expected to have an impact on the growth of structured cabling market globally is also listed in this report.
In 2014, among the different solution type of structured cabling the hardware segment held the largest market share, accounting for a market share of 89.0% approximately. The hardware market is primarily driven by copper cable segment which held a market share of 59.6% of the hardware segment in 2014. Copper cable has a longer expected lifecycle which helps to reduce the overall cost of ownership, thus making it cost effective. Moreover, Copper cable can be installed easily and requires less maintenance cost. Owing to these factors, the copper cabling market is expected to experience stable growth during the forecast period.
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However, during the forecast period the fiber cable segment is predicted to be the fastest growing market with a CAGR of 8.0% during the forecast period from 2015 to 2021.Fiber cable has excellent immunity to electromagnetic interference such as undesirable responses, complete system failure or signal degradation. Thus, it facilitates error free transmission of data over a long distance. In addition, Fiber cable offers the advantages of reducing weight, size and complexity of cable routing. Owing to these factors, the demand of fiber cabling is expected to increase considerably in the coming years.
Geographically, the structured cabling market in Asia Pacific region is expected to be the fastest growing market with a CAGR of 7.9% during the period of 2015 to 2021.The rapid expansion of production facility of structured cabling components in this region owing to huge concentration of structured cabling manufacturer and extensive capital investment of different companies, in this emerging technology is expected to induce sharp fall in the prices of structured cabling components. The reduction in price coupled with increasing demand for higher bandwidth and rapid expansion of communication and IT (Information Technology) sector is responsible for the enormous growth of structured cabling market in this region.
The expected future growth of the global structured cabling market along with detailed analysis after considering various macro and micro economic factor that are predicted to have an influence on the demand of structured cabling components is provided in this report.
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