30.12.2020 Бизнес

India Structured Cabling Market Analysis by Trends, Size, Share, Growth Opportunities, and Emerging Technologies

One of the strongest factors aiding in the advance of the Indian structured cabling market is the rising number of data centers in the nation. The usage of cloud computing has become an important aspect of digitization in the country, as such a model offers reduced capital and operational costs. As a result, a rising number of companies are using servers of third parties to host less-critical applications, such as customer relationship management (CRM) and enterprise resource planning (ERP) software.

The rising demand for higher bandwidth is also acting as a key propeller for the industry. With the increasing adoption of video streaming services, such as Netflix and Amazon Prime Video, the speeds at which data is predominantly transmitted in the country is creating problems such as latency and frequent buffering. This is driving the demand for higher data transfer speeds, for which having a higher bandwidth is necessary. Unstructured cabling is unable to support higher bandwidths, which is why the usage of structured cabling is becoming important.

Geographically, the southern region of the country led the Indian structured cabling market in 2019. This is attributed to the existence of numerous IT hubs in South India, including Hyderabad, Chennai, and Bangalore. In addition, the rapid internet of things (IoT) adoption, quick digitization, and integration of structured cabling by regional businesses are driving the regional market. The fastest growth during the forecast period will be witnessed in the eastern region due to the government efforts to enhance telecom services and rising number of IT hubs.

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Hence, with the increasing data traffic, which needs to flow faster than before, the demand for structured cabling in India will keep rising. This market research report provides a comprehensive overview of the Indian structured cabling market

* 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