Upcoming infrastructural projects along with the establishment of new and expansion of existing metro railway networks would be some of the key drivers for the growth of the structured cabling market in India over the coming years. Further, government initiatives such as the Smart Cities Mission and Make in India campaign, would also strengthen the commercial and industrial sectors of the country which would generate more demand for structured cabling solutions in these domains during 2018-24.
According to 6Wresearch, India structured cabling market size is projected to grow at a CAGR of 7.5% during 2018-24. The Union Budget for 2019 laid special emphasis on infrastructure development in the country and with a continued focus on setting up of new data centers, office spaces, hotels, healthcare facilities, and other commercial establishments in India, the market for structured cabling solutions is expected to reap the benefits as well during the forecast period.
The cables segment occupied the majority of the overall India structured cabling market share, by product type, in 2017. Structured cabling is extensively used across multiple applications such as transportation infrastructure projects, IT & telecom industry, and smart homes as well. However, due to a shorter life cycle, the components market is also expected to grow at a healthy pace over the years to come.
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Key Highlights of the Report:
- India Structured Cabling Market Overview
- India Structured Cabling Market Trends and Opportunities
- Porter’s Five Force Analysis and Market Opportunity Assessment
- India Structured Cabling Market Share, By Players
- India Structured Cabling Market Outlook
- India Structured Cabling Market Forecast
- Market Drivers and Restraints
- India Structured Cabling Market Overview on Competitive Landscape
- Company Profiles and Key Strategic Recommendations
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