According to FTM Consulting Inc., the structured cabling systems (SCS) market is forecast to grow at a compound average annual growth rate of 13.1% through 2015. Frank Murawski, President of FTM Consulting Inc. stated that, “This latest study of the SCS market includes an analysis and forecast of SCS spending by 17 different vertical markets, such as healthcare, retail, manufacturing, finance/insurance services, etc. The analysis combined federal government data statistics for the individual industries (number of employees, number of firms, etc.) with FTM Consulting’s vast database on the SCS market.”
One of the more interesting findings from this study is that healthcare was the leading vertical market customer for SCS products in 2010. Healthcare spending of $680.7 million accounted for 12.9% of the total 2010 SCS Market. The Pie chart shows the market shares for the total SCS Market in 2010 by the five leading vertical market sectors. After healthcare, state government is the second largest sector, with an 11.8% share, followed by the retail sector, with an 11.6% share. The other two leading sectors include professional/technical services at an 8.7% share and manufacturing with an 8.4% share. These five vertical sectors account for more than half the SCS market in 2010. The study includes the same market share data for 2015. The study also includes vertical share data for UTP cabling and fiber cabling. As a result, unique data, such as the leading vertical sector for fiber cable usage in 2010 and 2015, is provided in this study.
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