In 2001, premise wiring distributors were in the process of significantly reducing inventory just as the economy began its decline. As a result, the market was able to escape the losses suffered by related industries during the economic slowdown. Participants are expected to experience renewed growth as distributors work to replenish exhausted stocks. New orders and the pending establishment of the CAT6 standard should to restore the industry’s growth.

This Frost & Sullivan study provides a comprehensive guide to the North American premises wiring hardware markets. By identifying challenges and supplying market share analysis, this research enables readers to capitalize on key growth opportunities.

High Throughput Requirements Drive Fiber Optic Upgrades

Companies are increasingly upgrading copper networks with fiber optic cabling in order to obtain its virtually limitless bandwidth capabilities. Enterprises are demanding higher bandwidth cable so that they can implement multimedia applications which have greater bandwidth requirements. "The need for higher data throughput will grow in the U.S. and Canada as both economies continue to lose their manufacturing base in favor of the service sector,” states the study’s author. “As this trend continues, the flow of will grow concurrent with the need for higher data throughput as file size increases."

"Future Proofing" Installations Drive Sales

With technology developing at exceptional rates, companies are attempting to "future proof" networks in an effort to meet end-user needs over the course of several years without subsequent upgrades. Firms are installing more cable and cabling hardware than they require to ensure that they can satisfy future needs.

"The addition extra cabling and connection components is much more expensive after initial installation. Therefore, many customers are taking proactive steps to have more network infrastructure than they need so that it will be available when they require it in the future," says the author. This Frost & Sullivan analysis offers a privileged view of the marketplace, providing your company with the information necessary to maximize its bottom line.