We salute industry experts
helping companies survive and sustain in this economic pandemic; they are
working day and night to help companies take rapid-decisions by finding
- Covid Impact on Pre-terminated
Systems Market, growth/decline in product type/use cases of Pre-terminated
Systems Market due to cascaded impact of Covid on Extended Ecosystem..
- How top 50 companies in Pre-terminated
Systems Market are making rapid shifts in their strategies as we speak
here...
- Outside-in view of top 50
companies client and client's clients shifting short-term priorities
The overall pre-terminated
systems market is expected to
grow from USD 2.1 billion in 2019 to USD 3.2 billion by 2024, at a CAGR of
9.0%. The growth of this market is mainly driven by the increasing
establishment of data centers and the growing demand for transmission bandwidth
and network reliability. The growing trend of VoIP, LTE, and 5G networks
provides major opportunities for the growth of the pre-terminated systems
market.
“Components
to hold larger share of pre-terminated systems market during forecast period”
The component segment comprises cables,
connectors, brackets & adapters, patch panels, patch cords, cassettes and
modules, pigtails, and fiber enclosures. Pre-terminated solutions provide
advantages such as a decrease in labor costs and reduction in congestion cable
pathways and spaces, on-site installation time, and security-related risks.
Various factors contributing to the increasing implementation of pre-terminated
systems are the growing adoption of solutions to reduce data center
installation costs and improving return on investment (RoI).
“Largest
share of enterprises and data centers vertical in pre-terminated systems market
is due to growing demand for proper infrastructure”
The enterprises & data centers vertical
is the largest adopter of pre-terminated systems. In this vertical, the network
of cabling systems plays a vital role in the smooth and faster transmission of
voice, data, and video signals from one point to another or from one system to
another by connecting two distinct user locations for sharing information.
Pre-terminated solutions are used to provide a plug-and-play solution for links
between switches, servers, patch panels, and zone distribution areas in data
centers and IT and telecom facilities, thereby driving the growth of this
market for these verticals.
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“Market
in APAC expected to grow significantly during forecast period”
The pre-terminated systems market in APAC is
expected to grow at the highest CAGR during the forecast period. Owing to the
rapid urbanization and infrastructure activities, the market for pre-terminated
systems is expected to grow in APAC. Data centers in this region are undergoing
a dramatic change owing to the digital transformation of businesses. An
increase in public and private sector investments in infrastructure projects to
meet the demand of several industries, such as enterprise, banking, telecom,
and government, is expected to drive the growth of the market in APAC.
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