Pre-Terminated Systems Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

The Pre-Terminated Systems Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Pre-Terminated Systems Global Market Report 2024, The pre-terminated systems market size has grown rapidly in recent years. It will grow from $2.69 billion in 2023 to $2.98 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to traditional cabling infrastructure, growth in telecommunications networks, expansion of data centers, increased demand for high-speed connectivity, rise in internet usage.

The pre-terminated systems market size is expected to see strong growth in the next few years. It will grow to $4.29 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to growing demand for high-performance data transmission, expansion of cloud computing services, rise in smart building initiatives, increasing need for flexible and scalable network solutions, integration of internet of things (iot) devices. Major trends in the forecast period include development of pre-terminated fiber optic solutions, adoption of advanced cable management systems, customization of pre-terminated systems for specific applications, integration of intelligent connectivity solutions, growth of modular and plug-and-play systems.

The expansion of data centers is expected to propel the growth of the pre-terminated systems market going forward. A data center is a building that uses a sophisticated network, computing, and storage infrastructure to provide shared access to applications and data. Pre-terminated cable provides a plug-and-play solution for connecting switches and servers in the data center. Pre-terminated fiber or copper systems are ideally suited for data center structured cabling designs in the Main Distribution Area (MDA) and Horizontal Distribution Area (HDA). For instance, in February 2021, according to the Korea Data Center Council (KDCC), the overall capacity of colocation data centers information technology (IT) load reached 430 MW at the end of 2020, accounting for 11% of the total APAC IT load. Moreover, according to the International Energy Agency (IEA), a Paris-based autonomous intergovernmental organization, the data center workload increased from 180 million in 2015 to 650 million in 2021, showing an increase of 260%. Therefore, the expansion of data centers is driving the growth of the pre-terminated systems market.

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The pre-terminated systems market covered in this report is segmented –

1) By Component: Cables, Connectors, Adapter Plates, Patch Panels, Patch Cords, Cassette Modules, Pigtails, Fiber Enclosures

2) By Service: Design And Engineering, Installation, Post Installation

3) By Verticals: Government And Defense, Enterprises And Data Centers, IT And Telecom, Energy And Utilities, Manufacturing, Banking, Financial Services, And Insurance, Retail, Media And Entertainment, Other Verticals

Innovative products are a key trend gaining popularity in the pre-terminated systems market. Major companies operating in the pre-terminated systems market are developing innovative solutions to maintain their position in the market. For instance, in February 2021, Amerifiber, a US-based fiber optics manufacturer and distributor, launched Ameri-Armor, a new line of micro-type armored pre-terminated fiber optic cables. These cables offer low-profile installations and higher fiber densities, preventing excessive pileup and clutter and making routing more straightforward and accessible. These cables are also far more flexible, with a maximum bend radius comparable to unarmored cables. They are simple to install, and updating older systems is significantly more straightforward and less expensive.

The pre-terminated systems market report table of contents includes: