MARCH 26, 2008 -- The worldwide Structured Cabling Systems (SCS) market will grow from $15.3 billion in 2008, at a compound annual growth rate (CAGR) of 13.7%, to $29.1 billion by 2013, reveals a new study from FTM Consulting Inc. (search for FTM Consulting).
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, say FTM Consulting analysts.
"During the next five years we expect to see the U.S. SCS market deploying enormous amounts of copper cabling to support VoIP applications," reports Frank Murawski, president of FTM Consulting. "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. FTM Consulting expects that fiber cabling will account for 60.1% of the total global market by 2013.
The study, "Worldwide Structured Cabling Systems (SCS) Market," provides detailed market forecasts in 105 tables.
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