With India witnessing a healthy growth, the country has emerged as the fastest growing market in the data centre-structured cabling market in the Asia Pacific region, including Japan, according to Access Markets International (AMI) Partners, a US-based consultancy agency. | |
| In 2005, the data centre structured cabling market was $19 million in India. It is expected to touch $125 million by 2010, with a compounded annual growth (CAGR) rate of 46 per cent. |
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| In 2005, the overall structure cabling market in India was $127 million. It is expected to touch $345 million by 2010 with a CAGR of 22 per cent. |
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| "The growth is expected to be driven by a number of factors, including increasing the supply and decreasing cost of Internet bandwidth. More domestic companies are hosting their mission critical applications such as enterprise resource planning and customer relationship management in third-party data centres," said AMI Partners vice-president (APAC) Raju Chellam. |
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| AMI expects an increasing convergence to be a growth factor as cable operators and telecommunications companies roll out 'triple play' services and solutions covering television, telephone and broadband Internet access over a single network. |
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| "The Indian structured cabling market is growing faster than that of China's (expected to witness 13.6 CAGR). However, in market size, Chinese market ($230 million) will be larger than India's ($125 million)," he pointed out. |
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| The study was commissioned by Systimax Solutions, a unit of the $1.6 billion CommScope, provider of structured connectivity solutions. |
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| "The APAC region and India in particular, presents a great opportunity for growing our business. We are already active in this country through business partners. India is the fastest-growing market for us. We will continue our focus on this country," said Systimax Solutions vice-president and managing director (APAC) Ispran Kandasamy. |
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