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Global structured cabling market size is anticipated to cross over US$25 billion by 2027. Structured cabling systems are experiencing robust demand, owing to rapid digital transformation across numerous sectors, along with the emergence of many modern technologies, such as IoT, cloud services, 5G, and others. <br><br>Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/3125
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Structured Cabling Market is projected to reach CAGR 14% by 2027
Key Insights from Structured Cabling Market: • Global structured cabling market size is anticipated to cross over US$25 billion by 2027. Structured cabling systems are experiencing robust demand, owing to rapid digital transformation across numerous sectors, along with the emergence of many modern technologies, such as IoT, cloud services, 5G, and others. The structured cabling finds a wide range of applications in data centers, IT & telecommunication, residential & commercial, government, transportation, and education industries. • According to the Council on Foreign Relations, the U.S. government in March 2021, announced a US$2 trillion infrastructure plan, which includes, the upgradation of physical infrastructures, such as railways and airports, and advancement in R&D, manufacturing, and in-home medical care. The rising infrastructure expenditure in developed countries is likely to complement the establishment of cabling systems across several verticals.
Regional Insights in Structured Cabling Market: • The Asia Pacific structured cabling market share in the global market is forecasted to expand considerably in the forthcoming years, owing to the escalating requirement of high-speed internet connectivity across flourishing corporate sector. The growing inclination towards OTT (Over the Top) platforms among the mass consumer base are augmenting significant demand for high-speed broadband connectivity.
Latest Research Report On Structured Cabling Market @ https://www.gminsights.com/industry-analysis/structured-cabling-market Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/3125
Major Companies in Structured Cabling Market: • The Siemon Company • TE Connectivity • Schneider Electric SE • Rittal GmbH & Co. KG • RiT Tech (Intelligence Solutions) Ltd.
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