Structured Cabling Market to Exceed $8 Billion by 2015
Structured Cabling Market to Exceed $8 Billion by 2015
The global structured cabling market has been characterized by its stable growth over the past several years, with the market growing at a compound annual growth rate of 6.8% to reach $5.6 billion in 2011. Growth is expected to continue in the structured cabling market to exceed $8 billion by 2015. While the US still dominates this market, China and the Asia Pacific region show the most growth potential over the next five years.
The success of Gigabit Ethernet correlates to its strong presence with structured cabling. 1000BASE-T, 10G over twisted-pair copper (10GBASE-T) holds the promise of being less costly than its optical competitor, 10GBASE-SR. It seems that high power consumption has been a market inhibitor. As power consumption efficiency is resolved through advances in transceiver-chip lithography, advances in driving down power consumption are breaking through. The ongoing battle between copper and fiber systems continues to persist.
Fiber has taken a foothold in the network at 10G. Fiber-optic products are poised to steadily take market share from copper products in the structured cabling market over the next five years. While the copper structured cabling market is expected to shrink, there is still potential to recognize revenues, particularly in CAT6 UTP for Gigabit Ethernet and CAT7 for 10G.
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