Know About Covid-19 Impact on India Structured Cabling Market | Insights on Size, Share, Demand, Trends & Key Players
The Indian structured cabling market is expected to reach a value of $812.1 million by 2030, progressing at a 7.4% CAGR during the forecast period (2020–2030), according to a study conducted by P&S Intelligence. The market is registering growth due to the expanding data center market and surging consumption of data in the country. In terms of product, the market is divided into fiber components, copper components, fiber cable, and copper cable.
Within the country, the southern region dominated the Indian structured cabling market in 2019 and is further projected to account for the largest share of the market in the coming years as well. This can be ascribed to the presence of large IT hubs in cities including Hyderabad, Bengaluru, and Chennai. In addition to this, the swift adoption of structured cabling by companies, growing demand for higher bandwidth, rapid digitization, and emergence of internet of things technology are also leading to the growth of the market in this region.
The companies operating in the market are relying on product launches for increasing their share in the domain. For example, DIGISOL Systems Ltd. launched its solder-free patch panels and UTP keystones in the country in April 2018. These products provide consistent performance and high repeatability. With the help of this move, the company was successful in expanding its fiber and copper cabling solution portfolio in India.
This market research report provides a comprehensive overview of the Indian structured cabling market
- Historical and the present size of the Indian structured cabling market
- Future potential of the market through its forecast for the period 2020– 2030
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential
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