Market Highlights
The data center structured cabling market 2020 can post a growth pace of 11.4% from 2018 to 2023 (assessment period), says Market Research Future (MRFR). We will furnish Coronavirus sway investigation with the report. The COVID-19 effect on the market has been painstakingly examined, following which the report diagrams the key advancements post the Covid infection flare-up.
Key Drivers and Main Barriers
Flood eventually to-end availability of organization parts alongside the successive mechanical advancements in IT gear are inciting the growth of the data center structured cabling market. IoT innovation, mechanization and cloud network are a portion of the key patterns that are supporting the data center structured cabling market size. The squeezing interest for arrangements that assist with incorporating the undertaking's databases, rising utilization of cloud administrations, and the taking off utilization of shrewd gadgets can likewise help the global market in the years to come. The expanding center around the improvement of energy-proficient data centers to cut down operational expense can likewise be a superb growth enhancer in the market.
The expanding utilization of trend setting innovations across different enterprises has convoluted IT gadgets' cabling foundation. Subsequently, incorporated arrangements are being intended to really deal with these important IT resources. Hence, the interest for data center structured cabling is rising dramatically in accordance with the expanding organization of programming advances that offer significant stage to administrators to control the organization as well as availability of gadgets.
Prominent companies are investing massively in data centers, which can turn out to be a major bellwether for the data center structured cabling industry. Partnerships between companies are also proving to be a plus point for the worldwide market. For instance, in June 2020, FS.COM partnered with US Conec, to provide FS MTP structured cabling products for data center applications. FS MTP structured cable makes use of MTP connectors of US Conec, which facilitates stability as well as excellent interconnections in data centers.
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Segmentation:
The data center structured cabling industry can be considered for wire categories and type.
The key wire categories discussed in the market report are category 5E, category 6, category 6A, category 7, and more.
The types of data center structured cabling include fiber optic and copper. Further, the types of fiber optic cabling include single-mode fiber optic as well as multi-mode fiber optic.
Regional Insight
North America, Asia Pacific/APAC, Europe, and the Rest-of-the-World/RoW are the main markets for data center structured cabling across the globe.
Regional Insight
The North American market seems to at the top of the game by seizing the biggest share in the global market. Heavy consumption of internet of things among enterprises and the thriving IT infrastructure in Canada and United State can be a big boosting factor in the regional market. The high prevalence of cloud computing in the region also substantiates the market position. More and more enterprises are going for colocation in data centers for sharing the resources, which can also induce industry expansion in the following years.
The second lead in the global market for data center structured cabling belongs to Europe, as a result of the growing number of IoT providers across the region. The market growth is also fuelled by the rampant use of cloud technologies among enterprises of different industries here. The digitization trend has boosted the need for data centers in the region, which also works in favor of the regional market. The surge in laws pertaining to data security such as European Union General Data Protection Regulation has led to further development of the data center infrastructure, thereby giving significant impetus to the industry.
Renowned Players
Some of renowned companies in the market for data center structured cabling are Nexans (France), TE Connectivity Ltd. (Switzerland), NKT A/S (Denmark), Teknon Corporation (U.S.), Brand-Rex Ltd. (Scotland), Siemon (U.S.), Paige Electric Co., L.P. (U.S.), Corning, Inc. (U.S.), Belden Inc. (U.S.), Legrand S.A. (France), CommScope Inc. (U.S.), Schneider Electric SE (France), Hitachi Cable America Inc. (U.S.), Panduit Corp. (U.S.), ABB Ltd. (Switzerland), Superior Essex Inc. (U.S.), and more.
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Global Data Center Structured Cabling Market Information: By Wire Category (Category 5E, Category 6, Category 6A, Category 7, Others), By Product Type (Copper Wire, Fiber Optic) - Forecast till 2027
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