Connect with us

Trends

Structured cabling market set for steady expansion

The worldwide structured cabling market is expected to grow from its 2023 worth of US$ 11.51 billion to US$ 18.94 billion by 2033. Over the next 10 years, structured cabling systems sales are expected to grow gradually at a CAGR of 5.1% on a global scale.

Structured cabling is an essential component of contemporary communication networks. It offers a stable and well-maintained network architecture that joins different devices and makes data transfer easy. It serves as the structural foundation for our digital world, facilitating the seamless exchange of information across institutions, structures, and even countries.

In order to build a dependable and expandable network infrastructure, structured cabling is a complete system of standardized cables, connections, and hardware parts that are carefully planned and implemented. Structured cabling guarantees performance, future-proofing for changing technological requirements, and compatibility by conforming to international standards and industry best practices.

Organized cabling is used in many different areas and businesses, from data centers to office buildings. It supports vital operations, teamwork, and innovation by acting as the framework for voice, data, and video transmission. Structured cabling offers a dependable way to create a strong network infrastructure for any size company, small or big.

The proliferation of data centers across various industries, including IT, telecommunications, healthcare, and finance, is contributing to the growth of the structured cabling market. Data centers require robust and scalable cabling infrastructure to support their operations, leading to increased adoption of structured cabling systems.

Fiber optic cables offer advantages such as higher bandwidth, longer transmission distances, and immunity to electromagnetic interference. The increasing demand for high-speed connectivity and the need to support emerging technologies like 5G, virtual reality, and augmented reality are driving the adoption of fiber optic-based structured cabling solutions.

Many organizations are upgrading their outdated or inefficient cabling infrastructure to meet the requirements of modern technologies. The need for higher bandwidth, improved reliability, and enhanced network performance are key drivers for the replacement and installation of structured cabling systems.

Key Driving Forces Accelerating the Market Growth
With the rising adoption of cloud computing, big data analytics, Internet of Things (IoT), and other data-intensive applications, there is a growing need for high-speed data transmission. Structured cabling provides a reliable and scalable solution to meet this demand, driving market growth.

Technological developments including fiber optic improvements, higher-speed Ethernet standards, and new connection options will influence the structured cabling industry. The need for sophisticated structured cabling systems will be driven by the industries’ and organizations’ adoption of these technologies. The market for structured cabling will be significantly impacted by the rollout and growth of 5G networks. In order to meet its network requirements, 5G technology needs a strong and large-capacity infrastructure, which is why structured cabling solutions that can handle higher data rates and bandwidth are in great demand.

The need for structured cabling will continue to be driven by the expansion of cloud computing and the rise in data center density. For data centers to function and link servers, storage systems, and networking hardware, they need an effective and dependable cabling infrastructure.

The need for structured cabling systems will increase as Internet of Things devices proliferate in a variety of sectors. In order for IoT devices to send and receive data, they need dependable connectivity. Structured cabling offers the infrastructure required to support these devices and facilitate smooth communication.

Strategies For Manufacturers/Suppliers To Scale In The Market
Key players in the market are focusing on various strategies to establish a strong market share that includes acquisitions, partnerships, mergers, and collaborations to maintain high profits.

  • For instance, Oracle Labs collaborated with CommScope to upgrade its network infrastructure in November 2022. Moreover, it has helped the company to significantly enhance its throughput capacity from 330 gigabytes to an impressive 1.2 terabytes.
  • Manufacturers/suppliers can expand their product offerings by diversifying their range of structured cabling solutions. They can develop new products or enhance existing ones to cater to evolving customer needs and emerging technologies. Innovation in terms of higher performance, improved efficiency, and compatibility with new standards can help manufacturers/suppliers differentiate themselves and attract a wider customer base.

OpenPR

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Copyright © 2024 Communications Today

error: Content is protected !!