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Cables and Connectors Market to Witness Lucrative Growth by 2022

The commercial industry comprising IT & telecom, electronics, and healthcare industries, is growing rapidly and consumes a major share of this market. With the increasing penetration of technologies such as cloud and Internet of Things (IoT), the demand for reliable, high performance and secure data connectivity and transmission has increased in Asian countries, such as, China, Japan, Singapore, and India, who were the prominent revenue contributors in 2015. These countries are likely to dominate the market during the analysis period due to cheap labor, low manufacturing cost, and large population

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Cables and Connectors Market to Witness Lucrative Growth by 2022

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 Cables And Connector Market Global Opportunity Analysis and Industry Forecast, 2016-2022

  2. Introduction • Cables and Connectors Market is expected to garner $125.3 billion by 2022, registering a CAGR of 11.1% from 2016-2022.  • Reliable connectivity, high performance, and efficiency are the major factors boosting the growth of the cables and connector market. • Cables and connectors such as HDMI, DVI, Fiber, and VGA with its ability to deliver high-bandwidth and low signal loss data streams ensure to meet these needs. • With the increasing penetration of technologies such as cloud and Internet of Things (IoT), the demand for reliable, high performance and secure data connectivity and transmission has increased in Asian countries •  Asia-Pacific is expected to exhibit the highest growth over the forecast period.

  3. Key Factors of the Market • The commercial industry comprising IT & telecom, electronics, and healthcare industries, is growing rapidly and consumes a major share of the market. • Increasing investments by government to improve connectivity within regions, rising demand for higher bandwidth, heavy investments in military and submarine sectors are expected to drive the growth of the market. • Growing number of data centers and government investments to increase rural connectivity are anticipated to provide potentially huge market for cables and connectors.  • Asian countries are likely to dominate the market during the analysis period due to cheap labor, low manufacturing cost, and large population

  4. Cables and Connectors Market Get PDF Brochure of this market study @ https://www.alliedmarketresearch.com/request-sample/967

  5. Market Segmentation The market is segmented into Product, Product Type and Industry Verticals:

  6. Key Benefits Market • Commercial industry vertical which includes sub segments such as IT, telecom & networking, healthcare, business/office and electronics • In 2015, external cables and connectors segment led the overall cables and connectors market revenue, and is projected to grow at a CAGR 10.4% during the forecast period. • CAT5/CAT6 cables segment is expected to consume largest share of cables and connectors market due to evolving networking types and demands for high speed and safe connectivity. • Asia-Pacific would lead the market, accounting for over 40% of the market revenue by 2022.

  7. Key Players • Amphenol Corporation • Molex Inc. • Fujitsu Ltd. • TE Connectivity Limited • Prysmian S.P.A. • 3M Company • Nexans • Huawei Technologies Co. Ltd. • Alcatel-Lucent (Nokia Corporation) and • Axon Cable S.A.S. • Get further details of this market study @ https://www.alliedmarketresearch.com/purchase-enquiry/967

  8. Contact Allied Market Research About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Contact Us: 5933 NE Win Sivers Drive, #205, Portland, OR 97220, United States. Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285 Fax: +1-800-792-5285

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