The India structured cabling market is projected to reach $861.6 million by year 2023. The rise in the number of Internet users, rapid adoption of digital services, increasing demand for copper cables, the growing datacenter market, and rising demand for bandwidth solutions have resulted in an increasing demand for structured cabling. The growing demand for higher bandwidth and transmission rates in India is expected to drive the demand for structured cabling. Additionally, government initiatives to construct 100 smart cities and offer free Wi-Fi services in trains and the increasing demand for intelligent buildings are further augmenting the market growth in the country.
There are key industries, including IT & telecommunication, construction, automotive, and manufacturing, are severely impacted due to the lockdown implemented by the central and state governments, thereby lowering the demand for structured cabling in the country. In India, the data center category, under the application segment, is growing significantly, as effective cabling management is data centers is essential. Hence digital India initiatives, Village level wi-fi and data center market is augmenting the demand for structured cabling in the country.
Channel Players: CommScope, Schneider, D-Link, R&M and Legrand.
