Globally, the structured cabling market recorded the highest growth in the Asia-Pacific (APAC) region in the past and this trend is predicted to continue in the forthcoming years as well. The main factors fueling the boom of the market in this region are the growing usage of structured cabling by various enterprises, the advent of the internet of things (IoT) technology, the mushrooming requirement for higher bandwidth, and the rising digitization of business operations.
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Depending on product, the structured cabling market is divided into copper components, copper cable, fiber components, and fiber cable. Out of these, the copper cable category registered the highest growth in the market in the years gone by, primarily because of the lower prices of the copper cables than the fiber ones. Furthermore, the sales of copper cables are predicted to boom in the emerging economies in the coming years, thereby driving the advancement of the category.
When wire category is taken into consideration, the market is classified into category 7, category 6A, category 6, and category 5e. Out of these, the category 6 category recorded the highest growth in the market in the past few years. These wires are highly compatible with the systems and devices using category 5 cables. Moreover, these wires offer higher data transfer speeds and shielding and lower crosstalk, interference, and signal noise than the other wires.
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This market research report provides a comprehensive overview of the 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
- Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings