Data Center
Structured Cabling Market Overview
The Data Center Structured Cabling Market 2020 can post a growth
rate of 11.4% from 2018 to 2023 (evaluation period), says Market Research
Future (MRFR). We will provide covid-19 impact analysis with the report. The
COVID-19 impact on the market has been carefully studied, following which the
report outlines the key developments post the coronavirus disease outbreak.
Key Drivers and Main Barriers
Surge in the end-to-end connectivity of network
components along with the frequent technological innovations in IT equipment
are inducing the growth of the data center structured cabling market. IoT
technology, automation and cloud connectivity are some of the key trends that
are boosting the data center structured cabling market size. The pressing
demand for solutions that help centralize the enterprise’s databases, rising
consumption of cloud services, and the soaring use of smart devices can also
benefit the global market in the years to come. The increasing focus on the
development of energy-efficient data centers to bring down business expenses
can also be a prime growth enhancer in the market.
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The increasing use of advanced technologies across
various industries has complicated IT devices’ cabling infrastructure. As a
result, centralized solutions are being designed to effectively manage these
valuable IT assets. Therefore, the demand for data center structured cabling is
rising exponentially in line with the increasing deployment of software
technologies that offer substantial platform to operators to control the
network as well as connectivity of devices.
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.
Market 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.
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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