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With CAGR of 8.2%, Wires and Cables Market Trends, Demand, Growth And Future Scope 2023 To 2029 | Belden Inc., Fujikura Ltd., Furukawa Electric

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Luton, Bedfordshire, United Kingdom, March 18, 2023 (GLOBE NEWSWIRE) — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Wires and Cables Market.

The Global Wires and Cables Market at a CAGR of 8.2%, and it is expected to reach USD 38.33 Billion by 2029, over the forecast period.

Market Overview:

The Wires And Cables Market is an important segment of the electrical industry, providing the essential connectivity infrastructure for power and data transmission. The market is highly competitive and characterized by the presence of several large and small players.

The global wires and cables market is expected to grow steadily over the next few years, driven by increasing demand from the construction and automotive industries, as well as the growing adoption of renewable energy sources. The Asia-Pacific region is expected to be the largest market, due to rapid industrialization and infrastructure development in countries such as China and India.

However, the wires and cables market faces several challenges, including fluctuating raw material prices, intense competition, and the emergence of wireless technologies that could potentially replace wired connections. Nevertheless, the market is expected to remain vital to the electrical industry and continue to provide essential connectivity infrastructure for various applications.

Get a Sample PDF Copy of the Report:

https://exactitudeconsultancy.com/reports/3284/wires-and-cables-market/#request-a-sample

The main competitors in the global Market are:
Belden Inc., Fujikura Ltd., Furukawa Electric Co. Ltd., Leoni AG, L S Cables & System Ltd., Nexans, NKT A/S, Prysmian SpA, Sumitomo Corporation are some of the key players in Global Wires and Cables Market.

Recent Developments:

In February 2022, Furukawa Electric announced that it has joined the “WIPO GREEN” Plaboth economic as well as non-economic factors.

In May 2021, Prysmian Group launched the Eco Cable label, which is the first of its kind green product in the industry and it will assist supporters to enhance their work in a sustainable supply chain.

What Information does this report contain?  

Historical data coverage: 2017 to 2022;

Growth Projections: 2023  To 2029.  

Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.  

6-7year performance forecasts: major segments covering applications, top products and geographies.  

Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Wires And Cables Market Trends:

Increased Demand For Renewable Energy Sources: The growing demand for renewable energy sources, such as wind and solar power, has increased the need for cables and wires that can efficiently transmit power over long distances. This trend is expected to drive the demand for high-capacity and low-loss transmission cables.

Growing Adoption Of Fiber Optic Cables: The increasing demand for high-speed internet and data transfer has led to a growing adoption of fiber optic cables. Fiber optic cables offer higher bandwidth and faster data transfer rates compared to traditional copper cables.

Emergence Of Smart Grids: The development of smart grids is driving the demand for advanced cables and wires that can transmit data and power in a more efficient and reliable manner. Smart grids rely on real-time data transfer and communication between power generation sources, distribution networks, and end-users.

Access the full report description, summary, figure table, graph, etc. at:

https://exactitudeconsultancy.com/reports/3284/wires-and-cables-market/?mode=Kshitij

Wires And Cables Market Report Highlights:

By Installation, By Voltage, By End Use, Key Market Players And By Region.

Aspects Details
By Installation
  • Overhead
  • Underground
By Voltage
  • Low Voltage
  • Medium Voltage
  • High Voltage
  • Extra High Voltage
By End Use
  • Aerospace And Défense
  • Building And Construction
  • Oil And Gas
  • Energy And Power
  • It And Telecommunication
Key Market Players Belden Inc., Fujikura Ltd., Furukawa Electric Co. Ltd., Leoni AG, L S Cables & System Ltd., Nexans, NKT A/S, Prysmian SpA, Sumitomo Corporation & Others.
By Region
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East And Africa

The research highlights important participants and manufacturers as well as the most recent tactics, including new product releases, collaborations, joint ventures, technology, segmentation of regional and industrial competitiveness, profit and loss ratios, and investment suggestions. a precise evaluation of efficient production and advertising methods, as well as market share, growth rate, size, revenue, and value chain analysis.

The “World Wires and Cables Market Research Report” is an in-depth analysis of the global industry with a focus on the current situation of the global Wires and Cables market. The research provides important data on the worldwide Wires and Cables Market’s manufacturers market state and is a great resource for businesses and people interested in the sector.

Wires and Cables Market regional market (regional production, demand and country forecast): –
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and more.

The research broadside examines the global market’s past, present, and future performance. The paper also examines the competitive environment at the moment, the dominant business models, and the probable advancement of offers from important companies in the upcoming years.

Wires and Cables Market Global Demand:

The global demand for wires and cables is driven by several factors, including increasing urbanization, infrastructure development, industrialization, and the growing need for efficient energy transmission and data communication. The wires and cables market is expected to experience steady growth in the coming years due to the increasing demand from various industries and applications.

The Asia-Pacific region is expected to be the largest market for wires and cables, driven by rapid industrialization, infrastructure development, and urbanization in countries such as China, India, and Southeast Asia. The region is expected to account for the largest share of the global wires and cables market due to its large population and the increasing demand for power and telecommunications infrastructure.

North America and Europe are also significant markets for wires and cables, driven by the increasing demand for renewable energy sources, smart grid infrastructure, and high-speed data communication. The Middle East and Africa region is also expected to experience significant growth due to increasing investments in infrastructure development, particularly in the construction and energy sectors.

Key aspects of the report include:
– Comprehensive examination of the global Wires and Cables market – Variable sector market dynamics.
– Market segmentation in depth.
– Sizes of the markets in terms of volume and value over time, both recent and future
– Latest changes and trends – Competitive Environment of the Global Wires and Cables Market.
– Strategy and products offered by key players.
– Prospective Markets and Isolated Areas with Possible Growth
– A Comparative Analysis of Barcode Mobile Computers and the World Barcode-Scanner Market.

Reasons To Buy Global Wires and Cables Report:
1. Current and future outlook of the Global Wires and Cables Market in developed and emerging markets.
2. Analysis of various market perspectives with the help of Porter’s five forces analysis.
3. The segment that should dominate the Global Wires and Cables Market.
4. Regions that are expected to see the fastest growth during the forecast period.
5. Identifies the latest developments, global Wires and Cables Market shares and strategies used by major market players.

Furthermore, the market Research affirms the major global players in the Global Wires and Cables Market. Their key marketing strategies and advertising techniques have been highlighted to offer a clear understanding of the Global Market.

Browse Other Related Research Reports from Exactitude Consultancy:

Artificial Intelligence (AI) Market à

https://exactitudeconsultancy.com/reports/2064/artificial-intelligence-ai-market/?mode=Kshitij

Dual In-line Memory Module (DIMM) Market à https://exactitudeconsultancy.com/reports/773/dual-in-line-memory-module-dimm-market/?mode=Kshitij

Color Detection Sensors Market à https://exactitudeconsultancy.com/reports/2916/color-detection-sensors-market/?mode=Kshitij

3D Printing Material Market à https://exactitudeconsultancy.com/reports/1804/3d-printing-material-market/?mode=Kshitij

Private Wireless Networks Market à https://exactitudeconsultancy.com/reports/2585/private-wireless-networks-market/?mode=Kshitij


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Confluence former executive joins fintech Premialab

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James Carrington, a former executive at Confluence, Investment Metrics, Style Analytics has joined fintech Premialab. He brings extensive client engagement expertise in investment analytics and data for the institutional investment community.
LONDON, Feb. 27, 2024 /PRNewswire/ — Premialab, the financial data and analytics firm, announced today the appointment of James Carrington as Head of Client Engagement. Mr. Carrington, based in London, will spearhead global client engagement, leveraging over 10 years of experience in driving client engagement gained at Investment Metrics, Style Analytics, and most recently at Confluence, part of the Clearlake Capital Group portfolio. His primary focus will be on enabling faster tailor-made investment analytics delivery and data integration for Premialab’s pension funds, foundations, endowments, and insurance clients.

Adrien Geliot, Co-Founder & Chief Executive Officer of Premialab, said, “I am delighted to welcome James to the team. His appointment confirms our commitment to delivering first-class service to our customers across global locations. His experience in maximizing the value derived from investment analytics will be invaluable in serving our clients as we continue scaling our activities worldwide.”
Commenting on his appointment, James Carrington said, “I am delighted to have joined the Premialab team. Their innovative solution makes a real difference to institutional investors looking at quant investments. The evolution of Premialab over the last number of years has been something that I have followed closely, and I am looking forward to working with the team to further support our customer base across our established and emerging demographics.”
The announcement follows recent senior appointments at Premialab, including Philippe Jacson, former BNP Paribas, Merrill Lynch and MSCI executive; Daniel Fields, former Global Head of Markets at Societe Generale; John Macpherson, former Managing Director at Goldman Sachs, Citibank, and Nomura; Marc Fisher, former Managing Director at Citibank with a prior position at Deutsche Bank; and Georgios Sittas, former Managing Director at HSBC, Standard Chartered, and previously a director at Lehman Brothers.
Recognized as the reference for data and risk analytics on quantitative strategies, Premialab’s capital markets infrastructure is currently used by leading asset managers, insurance companies and pensions funds, accelerating their digitalization and enhancing performance and risk control while reducing costs. The platform’s client AUM is representing an estimated USD$10 trillion.
About Premialab
Premialab is an independent platform providing data, analytics and risk solutions on systematic and factor-based strategies in collaboration with leading investment banks and institutional investors globally. Combining intelligent technology with a unique source of information the platform empowers asset allocators to make better investment decisions whilst achieving utmost time and cost efficiency.
With offices in London, Paris, New York, Hong Kong, Sydney, and Dubai, its international team is dedicated to supporting a global client base with the most up-to-date risk premia dataset, advanced portfolio construction, performance and risk analytics. The firm has established strong partnerships with the top 18 investments banks, global asset managers, pensions funds and insurance companies.

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Axon Technologies and Keyrus Announce Strategic Partnership to Elevate Cybersecurity Business

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Keyrus Acquires Minority Stake in Axon Technologies, adding Axon’s Cybersecurity Portfolio to Keyrus Solutions, and Expanding Keyrus Reach across Middle East and Africa
PARIS and DUBAI, UAE, Feb. 27, 2024 /PRNewswire/ — In a significant development in the cybersecurity sector, Keyrus, an international leader in data intelligence and digital transformation, has announced the acquisition of a minority stake in Axon Technologies, a premier provider of cybersecurity services based in Dubai, UAE. This strategic investment marks a major milestone in Keyrus’ cybersecurity strategy, signalling an ambitious step towards establishing a global cybersecurity powerhouse.

Strategic Expansion and Enhanced Cybersecurity Solutions
The collaboration between Keyrus and Axon Technologies is set to revolutionize the cybersecurity landscape in the Middle East and Africa, particularly with Keyrus’ entry into the lucrative Saudi Arabian market. This move enables Keyrus to pursue its investment in a newly formed cybersecurity business, offering enhanced data security solutions to both existing and new clients.
Eric Cohen, Founder and CEO of Keyrus, expressed his enthusiasm: “This investment in Axon Technologies marks a significant step in our cybersecurity strategy. We’re embarking on an exciting journey to amplify our cybersecurity capabilities and establish a world-class global player in this domain. Axon Technologies’ innovative approach to consulting and managed services aligns perfectly with our vision and culture. We eagerly anticipate integrating Axon into our ecosystem to bolster our cybersecurity solutions and address the digital security challenges of our clients.”
Hadi Hosn, CEO of Axon Technologies, also shared his thoughts: “This partnership marks a new era for Axon Technologies, propelling us further in our mission to protect organizations from cyber threats. We admire the Keyrus vision and believe that our combined strengths will lead to disruptive data and cybersecurity solutions, addressing critical challenges in digital identity, application security, API, and data security across various environments and industries.”
Hadi Darwiche, Chairman of DIV Capital & Co-founder of Axon Technologies: “It’s gratifying to see Axon Technologies grow from a concept into a key player in the cybersecurity field. With Keyrus joining forces with us, we anticipate a period of sustained growth, leveraging our combined experience and established reputations. We are confident that together, Axon Technologies will continue to extend its market presence and deliver top-tier solutions.”
Comprehensive Cybersecurity Portfolio and Global Reach
In a relatively short period, Axon Technologies, founded in 2020, has emerged as a beacon of excellence and innovation in the cybersecurity field, demonstrating remarkable growth and agility in its operations. With a revenue of $3.2 million USD in 2023 and a projected substantial increase of the activities, it represents a testament to its robust business model, exceptional service delivery, and the trust clients place in Axon Technologies. The team made of 30 dedicated professionals is its most valuable asset. Axon Technologies commits to growing its team, fostering a culture of innovation, collaboration, and continuous learning.
Axon Technologies, renowned for its expertise in cybersecurity, will now be able to leverage Keyrus global presence and capabilities. With headquarters in Dubai and a significant footprint in the Middle East, Europe and Africa, Axon Technologies is well-positioned to monitor threats and support client cybersecurity programs across these regions effectively. With the backing of Keyrus’s global network, Axon Technologies is poised for unprecedented growth and are dedicated to setting new standards in the cybersecurity landscape.
The partnership is also expected to enhance the offerings of both companies. Axon Technologies’ expertise in Data Security, Cloud Security, DevSecOps and Managed Security Services aligns seamlessly with the Keyrus strategic objectives in digital, data, AI and cloud transformation initiatives.
About Axon Technologies
Axon Technologies offers comprehensive cybersecurity services including consulting, managed security services, engineering, and testing. The company is a leader in addressing critical infrastructure customers’ cybersecurity needs, from strategic consulting to hands-on management and technical security engineering support and managed security services, ensuring a robust and comprehensive approach to cybersecurity. The company’s service portfolio includes:
Technical Security Consulting & Advisory: Guidance and expertise for technical cybersecurity programs.Advanced Security Testing: Rigorous cybersecurity testing across the environment to identify and address vulnerabilities.Security Engineering & Architecture: Designing and implementing robust security architectures across on-premises and cloud environments.Managed Security Services: Ongoing management and support of cybersecurity operations. About Keyrus
Keyrus, an international player in the consulting and technology sectors and a specialist in data and digital technology, is dedicated to helping enterprises take advantage of the data and digital paradigm to enhance their performance, facilitate and accelerate their transformation, and generate new drivers of growth and competitiveness.
Placing innovation at the heart of its strategy, Keyrus develops a value proposition that is unique in the market and centred around five major service groups, each comprised of multiple solutions:
Automation and Artificial IntelligenceHuman-Centric Digital ExperienceData and Analytics enablementCloud and SecurityBusiness transformation and InnovationBuilding on the combined expertise of more than 3,500 employees active across 27 countries and 4 continents, Keyrus is one of the leading international experts in data, consulting and technology.
Keyrus is listed on Euronext Growth Paris. (ALKEY – ISIN Code: FR0004029411 – Reuters: KEYR.PA – Bloomberg: ALKEY: FP).
About DIV Capital
DIV Capital, originally starting as a family office, now operating as a strategic investment holding firm, specializing in bespoke advisory services. The firm focuses on fortifying family capital through comprehensive offerings that encompass support for early-stage enterprises, strategic asset allocation, and robust governance infrastructure development. The firm operates out of Geneva and Dubai and provides three core services:
Family Asset Support: Tailored support to construct an asset allocation that meets wealth goals.Family Financial Sponsorship: Reinforcement for family-operated businesses, aimed at fostering enduring value creation.Governance and Reporting: Consultation on governance frameworks and the enhancement of reporting standards for comprehensive asset oversight.Forward Looking Statements
Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Axon Technologies, Keyrus or DIV Capital do not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will the companies and the affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.
Contact: [email protected]
Logo – https://mma.prnewswire.com/media/1659746/Keyrus_Logo.jpg

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NDC Group and Valantic form a strategic partnership in EPM solutions

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PRAGUE, Feb. 27, 2024 /PRNewswire/ — NDC Group, a leading company in enterprise performance management (EPM) consultancy and data analytics is pleased to announce a strategic partnership with valantic, renowned digital solutions, consulting, and tech innovation company. Through this partnership, the companies aim to offer a joint portfolio of solutions and services in SAP planning and analytics.

Central to this collaboration is the delivery of NDC Financial Consolidation, which offers an automated and streamlined approach to legal and managerial consolidation. While the solution draws inspiration from the concept and functions of previously popular SAP consolidation solutions, it utilizes the modern technologies to enhance automation, performance, user experience, and seamless data integration.
The partnership also gives the chance to offer additional products, including SAC workforce planning content, SAP BusinessObjects migration accelerators, and pre-built content for SAC financial planning. Overall, the combined expertise and product offering enhance the ability of both companies to support customers in driving data-driven transformations within their organizations.
Stefan Blinkmann, Head of SAP Analytics at valantic, emphasizes: “We are very pleased about our new partnership, and we are convinced that our customers will benefit greatly from it. Above all, the NDC Group’s products create added value in the area of consolidation based on SAP Analytics Cloud, and they expand valantic’s range of services. An integrated solution for reporting, planning, and consolidation in SAP Analytics Cloud provides multiple benefits for our customers and enables them to streamline their system landscape.”
Karel Jirik, Head of Products at NDC Group, is also convinced of the benefits of this collaboration: “Our partnership with valantic is an excellent opportunity to leverage the synergies between our teams to streamline and transform our customers’ data landscape. The jointly offered EPM solutions enable precise and swift decision-making and enhance operational efficiency, crucial elements in today’s competitive landscape. I’m particularly pleased we found a lot of commonalities with valantic, and I am convinced together we can deliver better solutions in a shorter time.”
Vladislav Stefanak, CEO of NDC Group, reflects on the partnership’s potential: “This partnership embodies my vision of equipping our clients with advanced functionalities reminiscent of those found in SAP BPC and SAP Financial Consolidation, yet significantly enhanced by leveraging top-tier SAP technologies. Our collaboration with valantic commenced with remarkable synergy from the outset, underpinned by their extensive expertise and knowledge base.”
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