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Article: Premise Wiring System sales to grow at 17 percent rate, top $10 billion by 2001.
- Article from:
- Business Wire
- Article date:
- November 3, 1995
CopyrightCOPYRIGHT 1995 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Nov. 3, 1995--North American sales of on-premise telecommunications wiring systems will nearly triple from $3.6 billion in 1994 to $10.7 billion by the year 2001, growing at a 17 percent compound annual rate, projects a new study just released by Frost & Sullivan.
Transmission media revenues account for 60 percent of the total market revenues and connecting hardware 40 percent, says the report, NORTH AMERICAN PREMISE WIRING SYSTEM MARKETS.
The Canadian market accounted for 12.5 percent of total North American sales in 1994. Proliferation of high-speed local area networks, growth in multimedia applications, increasing ...