According to the latest report by IMARC Group, titled "India Structured Cabling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the India structured cabling market to grow at a CAGR of 12.23% during 2022-2027. Structured cabling refers to a wiring networking system that provides a comprehensive data and communications infrastructure. It is mainly based on various components, such as entrance facilities, equipment and telecommunication rooms, backbone and horizontal cabling and work area, that deliver a convenient telecommunications system. It is widely adopted across diverse verticals that differ on the basis of cable and connection products, the architectural structure of the building, types of equipment, the configuration of the installed system and customer requirements. Due to the growing adoption of connected devices across multiple industries, there has been a considerable increase in the demand for structured cabling systems across India.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
India Structured Cabling Market Trends:
The market in India is primarily driven by significant growth in the telecommunication sector. Along with this, the rising investments by private and public firms for upgrading the overall communication infrastructure and digital transmission structure are creating a positive market outlook. Moreover, continual technological advancements and the advent of fifth-generation (5G) network channels are providing a boost to the demand for structured cabling systems across the country. In line with this, the growing number of internet users, the widespread adoption of digital services due to rapid digitization and the penetration of high-speed internet connectivity are impacting the market growth favorably. Apart from this, the increasing spending by leading players in the development of data centers and the desktop connection is considered to be another major growth-inducing factor. Other factors, including rapid urbanization, numerous initiatives undertaken by the government for smart city development and extensive research and development (R&D) activities conducted by key players, are expected to drive the market across India.
- Based on the product type, the market has been classified into copper cable, fiber cable, copper components and fiber components.
- On the basis of the wire category, the market has been segmented into category 5e, category 6, category 6A and category 7.
- Based on the application, the market has been bifurcated into data center and local area network (LAN).
- On the basis of the vertical, the market has been segregated into government, industrial, IT and telecommunications, residential and commercial and others.
- Based on the region, the market has been divided into North India, West and Central India, South India and East India.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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