FOR IMMEDIATE RELEASE STRUCTURED CABLING SYSTEMS MARKET FORECAST TO GROW AT A 13/1% PACE DURING THE NEXT FIVE YEARS
HUMMELSTOWN, PENNSYLVANIA, June 29, 2010 — FTM Consulting announced that its latest study, “Opportunities in Structured Cabling Systems,” indicates that the SCS market is forecast to grow at a 13.1% rate during the next five years. This market was impacted by the recent economic recession achieving only minimal growth or even decreases in growth during the past two years for many of the products in this market. As the economy, along with the SCS market recovers, SCS suppliers must rethink their strategies for transforming their business direction from a cost-containment mode to a growth mode. In order to grow, the SCS suppliers’ businesses, new opportunities must be identified and assessed in order to take advantage of this forecasted growth.
According to FTM Consulting’s President, Frank Murawski, suppliers need to address issues such as:
• What are the largest
markets for my products?
• What are the largest growth markets for my products?
• What products will need to be developed in order to be competitive in the
future?
This study addresses and provides quantitative data for these issues. Their
analysis indicates that VOIP applications will be vital for the UTP cabling
suppliers, while data center applications will offer the largest growth
market for fiber cabling systems providers. Newer products will incorporate
plug n’ play features, along with ease-of-installation capabilities. Newer
technologies, such as 40/100 Gbps and, eventually, 1000 Gbps, will require
new products in the future, such as OM 4 multimode fiber cables and enhanced
OM4 fiber cables. All of these new developments, along with detailed
five-year forecast data are included in this new study.