India's copper cabling market to reach $862m by 2023

07 Mar 2019
00:00
News
Daily News

The India structured cabling market is projected to reach $861.6 million by 2023, according to Research and Markets.

Increasing demand for copper cables, growing data center market, higher product launch activities by the market players, and rising demand for bandwidth solutions are the major factors driving the growth of the market.

Based on wire category, the India structured cabling market is divided into Cat5e, Cat6, Cat6A, and Cat7. The most popular category, Cat6 held the largest market share in 2017. Cat6 owed its popularity to the backward compatibility of this cable with Cat3, Cat5, and Cat5e cable system while providing at least 150 MHz of more frequency range than older types of cables that provides a cost-effective solution for the end users.

In India, demand for Cat6A is surging owing to its low cost/feature characteristics. It is forecast to grow at 11.9% CAGR. Cat6A cable provides a better cost-effective solution than Cat7 cable and double the bandwidth than Cat6 cable.

On the basis of application, the India structured cabling market has been categorized into data center and LAN. Data center is expected to register faster growth in the market, during the forecast period, owing to growing demand for cloud computing and cloud storage. This demand is fulfilled by increasing number of data centers in the country.

The market for data centers in India is expected to reach a value of $4.1 billion by 2020. Tier I cities predominantly, Mumbai, New Delhi, Chennai, Bengaluru, and Pune are expected to be the main locations for data centers in the country.

Copper cabling has been providing a flexible, reliable, and economical communication medium since decades. Initially, commencing with the analog telephone and continuing with present high-speed digital networks, copper cabling has been the preferred choice for much of the communications infrastructure installed in India's residential, commercial, industrial and institutional buildings.

Related content

Tags:
Comments
No Comments Yet! Be the first to share what you think!