2019 will be the year of implementation for various industries. Along with continuous acceleration of IT industry, one can expect the structured cabling industry to flourish in the global markets. Structured Cabling is one of booming industries across the world.
The global cabling market is divided into major two segments, namely Electrical and Telecom/Datacom cables which are used for various industries in various applications. In 2019, Telcos will be looking towards fiber connectivity solutions to remodel/renovate their cabling infrastructure and increase their efficiency. Also organizations/companies are revamping their data centers with structured/fibered cabling connectivity to minimize the downtime and yield more benefits. Thus, increasing demand for structured cabling solutions from Data center industry and Telecom industry will be the major market drivers in 2019.
Also, 2019 will witness the organizations adapting technology rich connectivity products to their cabling infrastructure such as Shielded cables, S/FTP products, Cat 8 cabling solutions etc., Speaking over Indian market, 2019 may also play a positive role by introducing more benefitting initiatives for cabling and manufacturing industries, proportionally increasing investment in network and building infrastructure which drives the Indian cables market.
(views expressed in this article are of Gaurav Ahluwalia, Managing Director, R&M India)