The development of large-scale commercial projects, efforts being made to strengthen the non-oil sectors along with the construction of infrastructure projects to prepare for upcoming mega-events, such as World Expo 2020 and FIFA World Cup 2022, would be few of the key drivers behind the growth of the Middle Eastern structured cabling market over the coming years. In addition, government plans, such as Saudi Vision 2030, Qatar National Vision 2030, and Dubai Vision 2021, are also expected to boost the growth of the non-oil economy of many countries in the Middle Eastern region. These factors would further drive the Middle East structured cabling market forecast revenues over the coming years.
According to 6Wresearch, the Middle East structured cabling market size is projected to grow at a CAGR of 7.1% during 2018-24. By product type, the cables segment held the highest Middle East structured cabling market share in 2017, owing to the high volume of cables used across multiple domains – large infrastructure projects, data centers, hospitality sector, and even smart homes. Additionally, due to the comparatively shorter life cycle of cabling components, the market for structured cabling components is expected to grow at a healthy rate in the years to come.
On account of the heavy usage of structured cabling solutions in the segment, the commercial sector held the highest Middle East structured cabling market revenues in 2016, by applications. With the social infrastructure segment of many Middle Eastern countries poised for further development in the future, the dominance of the commercial sector is expected to continue during the forecast period as well.
The Middle East structured cabling market report thoroughly covers the Middle East structured cabling market by product types, cable types, component types, applications, and countries. The Middle East structured cabling market outlook report provides an unbiased and detailed analysis of the Middle East structured cabling market trends, opportunities/high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics. (2018-2024)
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Key Highlights of the Report:
- The Middle East structured cabling market Overview
- The Middle East Structured Cabling Market Opportunity Assessment
- Middle East Structured Cabling Market Share by Players
- The Middle East structured cabling market Overview on Competitive Benchmarking
- Company Profiles
- The Middle East structured cabling market Outlook
- Middle East Structured Cabling Market Drivers and Restraints
- Middle East Structured Cabling Market Trends and Industry Life Cycle
- Middle East Structured Cabling Market Porter’s Five Force Analysis
- Key Strategic Recommendations
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