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Sunday, March 04, 2018 12:54:43 AM
Submarine cables are already responsible for 95 percent of the world’s combined data and voice traffic. Advances in optical technology are providing improvements in capacity, data rate and channel count, which is triggering demand for submarine cables, according to a new report by Global Industry Analysts, Inc.
The submarine fiber boom exists for both emerging markets and those looking to update existing routes. Now only 20 countries or territories don’t have fiber optic connectivity, so the majority of these projects focus on underserved regions or technology upgrades.
Global Industry Analysts’ report showed that the United States and European nations are at the forefront of submarine cable development thanks to increasing broadband consumption, but developing markets such as China, India, Brazil, and Africa are seeing rising investments. The report stated that the most lucrative investment markets appear to be smaller markets that are linked through a single exclusive fiber optic submarine cable.
Check this -- Africa is currently the fastest growing submarine cable route due to rapid growth in Internet and mobile phone usage. The Sub-Saharan African region is experiencing a 100 percent growth in demand. In Latin America, Argentina, Brazil, Colombia, and Uruguay are all attractive markets for investments in submarine fiber optic cable projects.
RIGHT PLACE AT THE RIGHT TIME???? Precisely !!!
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