India Structured Cabling Market Size, Share, Trends, Demand, Key Players and Opportunities by 2023

The India structured cabling market is projected to reach $861.6 million by 2023 and is forecasted to witness a CAGR of 12.9% during 2018–2023. Increasing demand for copper cables, growing data center market, increasing number of product launch activities by the market players, and rising demand for bandwidth solutions, are the major factors driving the growth of the market.

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Related imageOn the basis of application, the India structured cabling market has been categorized into data center and LAN. Data center is expected to register faster growth in the market, during the forecast period, owing to growing demand for cloud computing and cloud storage. This demand is fulfilled by increasing number of data centers in the country. The market for data centers in India is expected to reach a value of $4.1 billion by 2020. Tier I cities predominantly, Mumbai, New Delhi, Chennai, Bengaluru, and Pune are expected to be the main locations for data centers in the country.

Copper cabling has been providing a flexible, reliable, and economical communication medium since decades. Initially, commencing with the analog telephone and continuing with present high-speed digital networks, copper cabling has been the preferred choice for much of the communications infrastructure installed in India’s residential, commercial, industrial and institutional buildings.

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Some of the key players operating in the India structured cabling market are ComCore Connexions Pvt. Ltd., TE Connectivity Ltd., Schneider Electric SE, CommScope Holding Company Inc., Legrand Holding SA, The Siemon Company, Sterlite Technologies Limited, Panduit Corp., ABB Group, Belkin International Inc., Molex LLC, Belden Inc. and Reichle & De-Massari AG.SHARE

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