FOR IMMEDIATE
RELEASE
WORLDWIDE
STRUCTURED CABLING SYSTEMS (SCS) MARKET TO GROW TO $29.1 BILLION IN FIVE
YEARS
HUMMELSTOWN, PENNSYLVANIA, MARCH 25, 2008 –
Frank Murawski,
President of FTM Consulting, Inc., announced the publication of its latest
market research study.
The study, “Worldwide
Structured Cabling Systems (SCS) Market,”
projects that the worldwide SCS market will grow from $15.3 billion in 2008,
at a compound annual growth rate of 13.7%, to$29.1 billion by 2013. The
study examines five major geographic regions of the world. The
attached figure shows the market growth by these five regions.
By far, the largest market is the Americas led by the U.S. market. This
growth in the U.S. market is expected to be fostered by the addition of new
IP subnets to the enterprise’s existing core networks. Frank Murawski,
President of FTM Consulting stated, “During the next five years we expect to
see the U.S. SCS market deploying enormous amounts of copper cabling to
support VOIP applications. In the same way, the SCS market grew in the 1990s,
as each PC in a building needed to be connected to a network, we see the need
to connect each individual VOIP telephone to the existing network.”
On a global basis, the study’s findings indicate that growth in fiber
cabling will surpass growth in copper cabling during the next five years. In
2008, fiber cabling accounted for 52.7% of the total global SCS market. By
2013, it is expected that fiber cabling will account for 60.1% of the total
global market.
The study, “Worldwide
Structured Cabling Systems (SCS) Market,”
provides detailed market forecasts in 105 tables. Additional information on
this study can be found at
www.ftmconsultinginc.com.
