Global Structured Cabling Market 2019-2023| Integrated Building Management System to Augment Growth| Technavio

January 9, 2019

LONDON--(BUSINESS WIRE)--Jan 9, 2019--The global structured cabling market is expected to post a CAGR of 8% during the period 2019-2023, according to the latest market research report by .

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Technavio predicts the global structured cabling market to post a CAGR of 8% during 2019-2023. (Graphic: Business Wire)

A key factor driving the growth of the market is the increasing investments in construction of data centers. Data centers have become a crucial part of organizations. Many companies are compelled to build data centers of their own or lease their data center spaces owing to the growth in the amount of data being generated. The growing interest in cloud computing will further drive the need for data centers.

As per Technavio, the adoption of integrated building management system will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

This report is available at a USD 1,000 discount for a limited time only:

Global structured cabling market: Integrated building management system

An integrated building management system is a type of master control system that combines every mechanical, electrical, security, and communication systems within a facility into a single unified system. This allows them to seamlessly exchange information with each other and work together. This system makes the entire operation more effective, reduces operating costs, and leads to a more secure and responsive building environment.

“A single interface controls all the systems involved. The interface can be accessed onsite over a touchscreen workstation or over the Internet using smartphones, tablets, laptops, or other mobile devices. A graphical interface is used in web-based building management solutions that provides users with real-time information and enables them to adjust any system in the building as and when required,” says an analyst at Technavio for research on electrical components & equipment.

Global structured cabling market: Segmentation analysis

This market research report segments the global structured cabling market by end-users (data centers, telecommunications, industrial, and buildings) and geographical regions (the Americas, APAC, and EMEA).

The data centers segment held the largest market share in 2018, accounting for nearly 38% of the market. This end-user segment is expected to dominate the global market throughout the forecast period.

The Americas led the market in 2018 with a market share of over 48%. This region is expected to dominate the market through 2023, however there will be a decrease in its market share by over 1%.

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Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

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SOURCE: Technavio Research

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PUB: 01/09/2019 10:01 AM/DISC: 01/09/2019 10:02 AM


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