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Structured cabling market to touch Rs 1,928 crore: CMR

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DQW Bureau
New Update



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India's
premier
IT, telecom and business advisory firm href="https://www.dqweek.com/india-public-cloud-computing-to-grow-at-53-percent-cagr-cmr">CyberMedia
Research
(CMR) expects that the India Structured cabling solutions (SCS)
market will grow at 43.4% in 2011(over 2010) to touch Rs 1,927.7
crore. Of this, copper cables and components would contribute Rs
1,540.4 crore while fiber cables and components would contribute Rs
387.3 crore. Despite the global economic recession in the last 2-3
years, the India SCS market has continued on a growth path. The total
India SCS market, which includes fiber cable and components and
copper cables and components stood at Rs 1,345 crore at the end of
2010. The market is likely to grow strongly in 2011 with ongoing
implementation of many new projects in the IT-ITeS, BFSI, and
government sectors, with a gradual slowing
down in 2012 and beyond. In 2010-15, the overall India SCS market is
expected to grow at a CAGR of 19.8% to touch revenues of nearly Rs
3,315 crore.

According
to,
Anirban Banerjee, associate VP, research and advisory services,
CMR, “With increasing IT adoption among a large number of Indian
enterprises, there has been a sharp increase in the level of
business intelligence data generated. Fast paced changes in the
external business environment coupled with proliferation of IT are
driving Indian enterprises to look for a robust cabling
infrastructure.”

“Organizational
growth,
use of converged networks, new enterprise applications,
demand for data centers and network virtualization have served to
increase the importance SCS in India in recent years,” added
Banerjee. With all-round rapid infrastructure development in India,
there exists a huge opportunity for structured cabling players.
Upcoming commercial complexes and office buildings are focused on
deploying a strong structured cabling backbone. The government and
education sectors have started to strengthen their network
infrastructure, which is also a major driver for the SCS industry.
Substantial investments are taking place in the IT-ITeS vertical
backed by
government projects like national e-governance Plan Mission Mode
projects (MMPs) and UID project Aadhaar. Many of these MMPs are
pan-India in nature and require creation of a national backbone for
3G and BWA applications.

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