India Structured Cabling Market
India Structured Cabling Market Size Expands at Significant CAGR to Surpass USD 1,401.76 Million by 2030
Published | 11 September 2024
India Structured Cabling Market is flourishing due to the surging demand for data centers, smart infrastructure, and IoT applications..
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Structured Cabling Market size by value at USD 861.2 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Structured Cabling Market size to expand at a CAGR of 7.32% reaching a value of USD 1,401.76 million by 2030. Structured Cabling market in India is propelled by the government's strategic initiatives to develop smart cities and provide free Wi-Fi at railway stations. The nation's digital transformation, fueled by the increasing reliance on data-driven decision-making, is another significant catalyst. The escalating demand for structured cabling to support unified communication systems, coupled with organizations' ongoing efforts to optimize their facilities, is also contributing to the market's momentum. A particularly lucrative avenue lies in the increasing need to upgrade older infrastructure with copper structured cabling to enhance efficiency. Additionally, the burgeoning demand for data centers, driven by mission-critical corporate applications, rising internet penetration, favorable data protection policies, increased foreign investment, and ongoing research and development initiatives, is further fueling the market's expansion.
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Impact of Escalating Geopolitical Tensions on India Structured Cabling Market
Geopolitical tensions can have a multifaceted impact on the India Structured Cabling Market. These tensions can lead to supply chain disruptions, particularly in the procurement of essential components and raw materials, causing delays in project execution and increasing costs. Additionally, heightened geopolitical risks may result in fluctuating foreign exchange rates, affecting the pricing of imported cabling products. The market could also face challenges in securing investments and collaborations with global partners due to increased uncertainty and risk aversion. As a result, the structured cabling market in India may experience slower growth and reduced expansion opportunities amid ongoing geopolitical instability.
India Structured Cabling Market
Segmental Coverage
India Structured Cabling Market – By Vertical
Based on vertical, the India Structured Cabling Market is divided into Government, Industrial, IT & Telecommunication, and Residential & Commercial segments. The IT and telecommunications sector dominates India's structured cabling market, driven by the insatiable demand for high-speed, reliable network infrastructure. Structured cabling systems (SCS) are the backbone of modern enterprises, enabling seamless data and voice communication through copper and optical networks. From data centers and offices to industrial facilities, SCS provides the flexibility and scalability needed to support a wide range of applications, including video surveillance, security systems, and IoT deployments. As India's IT landscape continues to evolve, the demand for robust network connectivity will only grow, solidifying the IT and telecommunications sector's position as the cornerstone of the structured cabling market.
Competitive Landscape
The India Structured Cabling Market is fragmented, with numerous players serving the market. The key players dominating the India Structured Cabling Market include ABB Ltd, Belden Inc., CommScope Holding Company, Inc., Corning Incorporated, Furukawa Electric Co., Ltd., Legrand SA, Nexans, Schneider Electric, and Siemens AG. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and the India Structured Cabling Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the India Structured Cabling Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2030 |
Base Year – 2023 |
|
Estimated Year – 2024 |
|
Forecast Period – 2024–2030 |
|
Facts Covered |
USD Million |
Market Coverage |
India |
Product/ Service Segmentation |
Product, Application, Vertical, Region |
Key Players |
ABB Ltd, Belden Inc., CommScope Holding Company, Inc., Corning Incorporated, Furukawa Electric Co., Ltd., Legrand SA, Nexans, Schneider Electric, Siemens AG |
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Publish Date: September 2024
The growing data centers, expansion of smart buildings and cities, and rising adoption of IoT and industrial IoT are expected to drive India Structured Cabling Market during the forecast period between 2024 and 2030.
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