(MENAFN- IMARC Group)
IMARC Group, a leading market research company, has recently releases report titled“ India Structured Cabling Market Report by Product Type (Copper Cable, Fiber Cable, Copper Components, Fiber Components), Wire Category (Category 5e, Category 6, Category 6A, Category 7), Application (Data Center, Local Area Network (LAN)), Vertical (Government, Industrial, IT and Telecommunications, Residential and Commercial, and Others), and Region 2024-2032 .” The India structured cabling market size reached US$ 704.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,626.1 Million by 2032, exhibiting a growth rate (CAGR) of 9.75% during 2024-2032.
Factors Affecting the Growth of India Structured Cabling Industry:
Digital Transformation Initiatives:
One of the primary factors propelling the growth of the India structured cabling market is the increasing emphasis on digital transformation. Businesses across various sectors are adopting advanced technologies such as cloud computing, IoT (Internet of Things), and AI (Artificial Intelligence) to enhance their operations and stay competitive. These technologies demand reliable and high-speed data transmission, which can be achieved through modern structured cabling systems. As a result, organizations are investing in upgrading their cabling infrastructure to support these digital initiatives.
The growth of data centers in India has been remarkable in recent years. This rise can be attributed to several factors, including the increasing adoption of cloud computing, the rise of data-intensive applications, and the need for robust IT infrastructure to support businesses across various sectors. Data centers play a pivotal role in housing and managing the vast amounts of data generated by organizations. To ensure the seamless operation of these data centers, there is a critical need for structured cabling solutions.
Rapid Urbanization and Smart City Projects:
India is witnessing rapid urbanization, with more individuals moving to cities in search of better opportunities and living standards. In response to this urban growth, the Indian government has launched ambitious smart city projects aimed at enhancing the quality of life in urban areas. These smart city initiatives involve the deployment of advanced technologies and services, such as smart transportation, efficient energy management, and improved public services. To support these smart city projects effectively, a robust and interconnected network infrastructure is essential. Structured cabling forms the backbone of these networks, enabling the seamless flow of data and communication among various smart applications and devices. Whether it is smart traffic management systems, surveillance cameras, or public Wi-Fi networks, structured cabling is the underlying infrastructure that ensures these components work together cohesively.
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India Structured Cabling Market Report Segmentation:
By Product Type:
Copper Cable Fiber Cable Copper Components Fiber Components
Copper cable dominates the market due to its longstanding reliability, cost-effectiveness, and widespread usage in various applications, making it a preferred choice for many businesses and industries.
By Wire Category:
Category 5e Category 6 Category 6A Category 7
Category 6 holds maximum number of shares due to its ability to provide high-speed data transmission and meet the growing demand for reliable and efficient network connectivity in both commercial and residential settings.
By Application:
Data Center Local Area Network (LAN)
Local area network (LAN) represents largest segment due to its ubiquitous presence in businesses and organizations, serving as the foundational infrastructure for internal communications, data sharing, and resource accessibility.
By Vertical:
Government Industrial IT and Telecommunications Residential and Commercial Others
IT and telecommunications hold maximum number of shares due to the ever-increasing demand for advanced networking and communication infrastructure, driven by digital transformation initiatives and the need for seamless connectivity across industries.
Regional Insights:
North India West and Central India South India East India
South India's dominance in the India structured cabling market is attributed to its robust industrial and technological presence, coupled with a rapidly growing IT and services sector.
India Structured Cabling Market Trends:
The expansion of telecommunications networks, driven by increasing mobile and internet penetration, is a significant factor contributing to the growth of the structured cabling market in India. Telecom operators are constantly upgrading their infrastructure to provide faster and more reliable services, and this requires advanced cabling solutions to support the increased data traffic and connectivity demands. Additionally, the Indian government has been promoting digital connectivity and data security through various initiatives and regulations. Schemes like“Digital India” and“Make in India” encourage investments in IT and technology infrastructure, including structured cabling systems, to bolster the digital capabilities of the nation. Additionally, compliance with data protection laws and security standards necessitates the use of modern and secure cabling solutions, further escalating market demand.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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