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India Structured Cabling Market Size & Share Expanding Across The Globe By 2018 – 2023

India Structured Cabling Market
Press Release

Ever-increasing digitization, supported by the national government’s Digital India initiative, is taking the India structured cabling market forward. Companies in the country are looking to make their campuses world-class and intelligent while saving money at the same time with the implementation of structured cabling.

Companies want more bandwidth for video conferencing and digital audio streaming. As these processes are being increasingly utilized in the government, commercial, telecommunications and industrial spaces, the structured cabling market in India continues to prosper.

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Coming to the recent scenario (2013–2017), copper cables enjoyed the largest share in terms of revenue in the India structured cable market. While copper cables will still be the most widely sold in 2018–2023, the demand for fiber components will see the sharpest surge.

On the brighter side, the nationwide demand for Wi-Fi services is on the rise, giving market players lucrative opportunities in the present and immediate future. Category 5 and Category 5e UTP were the cables of choice for over a decade, but a shift is now being seen toward Category 6 and 7, driven by the need for greater data transfer rate and higher bandwidth.

In terms of the type of wire, Category 7 wires gained the most during the historical period, and the same trend will continue through 2018–2023. Now, since Bangalore, the IT hub of India, is in its southern part, this is where the sector generated the highest revenue during the historical period. However, during the forecast period, the market is expected to witness the highest CAGR in the eastern part of the nation.

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Ever-increasing digitization, supported by the national government’s Digital India initiative, is taking the Indian structured cabling market forward. Companies in the country are looking to make their campuses world-class and intelligent while saving money at the same time with the implementation of structured cabling.

This post was originally published on Raleigh Recorder