New York City, NY -- (SBWIRE) -- 08/13/2020 -- The global structured cabling market is expected to attain $9.6 billion valuation by 2030, exhibiting a CAGR of 3.9% from 2020 to 2030. The main factors driving the progress of the market are the growing integration of the internet of things (IoT) technology and the increasing requirement of cabling management across the world.
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The lockdown announced by the governments of several countries for controlling the spread of the coronavirus infection has severely disrupted the supply chain and logistics of structured cabling. In addition to this, the COVID-19 lockdown has negatively impacted the construction industry, with a huge reduction in the funding being provided to public projects and the shutting down of construction projects and construction sites, on account of economic uncertainty and the disruption of the global supply chain. Due to this factor, the requirement of structured cabling solutions in the construction industry will decrease sharply in the near future, thereby negatively impacting the progress of the market.
The objective of this research includes;
Historical and the present size of the structured cabling market
Future potential of the market through its forecast for the period 2020– 2030
Historical and the present size of the market segments and understand their comparative future potential
Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders
Major players operating in the gene therapy market and their service offerings
Recent strategic developments by the major players in the market
Globally, the structured cabling market registered the highest growth in the Asia-Pacific (APAC) region during the past few years and this trend is predicted to continue in the future years as well. This is attributed to the rapid incorporation of structured cabling solutions by various enterprises, increasing requirement of higher bandwidth, rapid digitization, and the emergence of the IoT technology.
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The prominent players operating in the structured cabling market are increasingly focusing on product launches for consolidating their position in the market. For example, CommScope Holding Company Inc. developed the RD 1322 2*2 remote PHY (physical layer) device (RPD) in July 2019. The product was launched under the company's distributed access architecture (DAA). This system would allow the cable operators to use multiple base nodes without negatively impacting the downstream and upstream speeds.
The research includes detailed analysis of;
Based on Product
Copper Cable
Fiber Cable
Copper Components
Fiber Components
Based on Wire Category
Category 6
Category 5e
Category 6A
Category 7
Based on Application
Local Area Network (LAN)
Data Center
Based on End Use
Telecommunication
Commercial
Government
Industrial
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