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Impact of COVID-19 on Pre-terminated Systems Market

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We salute industry experts helping companies survive and sustain in this economic pandemic; they are working day and night to help companies take rapid-decisions by finding

  • Covid Impact on Pre-terminated Systems Market, growth/decline in product type/use cases of Pre-terminated Systems Market due to cascaded impact of Covid on Extended Ecosystem..
  • How top 50 companies in Pre-terminated Systems Market are making rapid shifts in their strategies as we speak here…
  • Outside-in view of top 50 companies client and client’s clients shifting short-term priorities

The overall pre-terminated systems market is expected to grow from USD 2.1 billion in 2019 to USD 3.2 billion by 2024, at a CAGR of 9.0%. The growth of this market is mainly driven by the increasing establishment of data centers and the growing demand for transmission bandwidth and network reliability. The growing trend of VoIP, LTE, and 5G networks provides major opportunities for the growth of the pre-terminated systems market.

“Components to hold larger share of pre-terminated systems market during forecast period”

The component segment comprises cables, connectors, brackets & adapters, patch panels, patch cords, cassettes and modules, pigtails, and fiber enclosures. Pre-terminated solutions provide advantages such as a decrease in labor costs and reduction in congestion cable pathways and spaces, on-site installation time, and security-related risks. Various factors contributing to the increasing implementation of pre-terminated systems are the growing adoption of solutions to reduce data center installation costs and improving return on investment (RoI).

“Largest share of enterprises and data centers vertical in pre-terminated systems market is due to growing demand for proper infrastructure”

The enterprises & data centers vertical is the largest adopter of pre-terminated systems. In this vertical, the network of cabling systems plays a vital role in the smooth and faster transmission of voice, data, and video signals from one point to another or from one system to another by connecting two distinct user locations for sharing information. Pre-terminated solutions are used to provide a plug-and-play solution for links between switches, servers, patch panels, and zone distribution areas in data centers and IT and telecom facilities, thereby driving the growth of this market for these verticals.

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“Market in APAC expected to grow significantly during forecast period”

The pre-terminated systems market in APAC is expected to grow at the highest CAGR during the forecast period. Owing to the rapid urbanization and infrastructure activities, the market for pre-terminated systems is expected to grow in APAC. Data centers in this region are undergoing a dramatic change owing to the digital transformation of businesses. An increase in public and private sector investments in infrastructure projects to meet the demand of several industries, such as enterprise, banking, telecom, and government, is expected to drive the growth of the market in APAC.

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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