Skip to main content

India Structured Cabling Market To Generate $1,504.9 Million Revenue by 2030

A number of factors such as booming requirement for high bandwidth, escalating need for effective cable management, and surging data center sector are expected to drive the Indian structured cabling market at a CAGR of 11.5% during the forecast period (2020–2030). According to P&S Intelligence, the market revenue stood at $508.0 million in 2020 and it is projected to reach $1,504.9 million by 2030.

Moreover, the market is witnessing a trend of rapid digitization in India. One of the primary factors for the market growth is the burgeoning demand for high bandwidth, owing to the surging penetration of internet in Indian. Structured cabling enables high bandwidth, which has become a necessity for smooth operations in business organizations.


This demand is rising at a rapid pace, owing to the high data transfer capability, flexibility, and low cost of the structured cabling. As it is the basis of efficient IT infrastructure, this type of cabling is getting attention from the government, telecommunications, commercial, industrial, and other sectors. Another growth driver for the Indian structured cabling market is the growing data center industry.

The number of structured cabling users in India is increasing with the rising urbanization rate; thus, it is resulting in straining the current communication infrastructure. With the rapid digitization in the country, the need for green data centers is surging. Also, the market for data centers is driven by the rising supply and declining cost of high-bandwidth internet and introduction of advanced applications, including customer relationship management (CRM) and enterprise resource planning (ERP).

This market research report provides a comprehensive overview of the market
  • The 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

Comments

Popular posts from this blog

Why is Demand for Ambient Lighting Surging in Asia-Pacific?

The surging adoption of LED lights in the industrial sector is credited to their high energy efficiency and excellent design structure. Additionally, the large-scale installation of LED lights in the residential sector is broadening the scope for greater efficiency and advanced designs. Luminaires and lamps, and lighting controls are the two most widely used types of ambient lighting solutions. Between these, the demand for luminaires and lamps was found to be higher in the world during the last few years. This was because luminaires and lamps are integral components of ambient lighting solutions. Furthermore, with the rising demand for greater energy efficiency, the adoption of LED lamps and luminaires is predicted to soar sharply in the forthcoming years.  Geographically, the demand for ambient lighting solutions was observed to be the highest in the Asia-Pacific (APAC) region in the years gone by and this trend will continue in the upcoming years as well. This is attributed to ...

Why Are Air Compressor Sales Rising in APAC Manufacturing Sector?

Among the top manufacturing nations in the world are China, Japan, India, and South Korea. Their booming population and export volume are leading to a continuous increase in industrial production. New manufacturing clusters are being set up, and a huge volume and variety of production equipment is being procured in order to fulfill the rising demand for all things imaginable.  One of the key pieces of equipment used at factories is an air compressor, often as part of larger machines that operate on pneumatics (air pressure). Therefore, as per P&S Intelligence, with the burgeoning industrial production, the value of the APAC air compressor market will increase to $15.2 billion by 2024 from $11.8 billion in 2018, at a 4.1% CAGR during 2019–2024 (forecast period).  Some of the common industrial machines that work on pneumatics, therefore require air compressors, are rock drills, riveters, pavement breakers, paint sprayers, forging presses, blast cleaners, nail guns, and atom...

Robotic Process Automation Market Drivers, Restraints, Opportunities, and Trends in Coming Years

Robotic process automation solutions allow businesses to create virtual workforce, which can work on routine and mundane tasks with high efficiency, thereby eliminating the requirement for manual intervention. These solutions offer scalability and reduce operational cost by over 50%, as the virtual workforce can work round the clock. As the RPA systems can work continuously, they offer enhanced customer satisfaction. With the growing complexities in operations, enterprises across the world are adopting automated solutions, interaction solutions, and decision support and management solutions to automate repetitive and mundane tasks. Apart from this, RPA software also helps in mechanizing back-end processes because it can run in the background 24*7. This, in turn, allows human employees to concentrate on more important tasks, such as product development or client handling. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/robotic-process-automation-ma...