2018-2025 Global Submarine Fiber Optic Cable Annual Compound Growth Rate Of 4%

- Mar 23, 2019-

2018-2025 Global Submarine Fiber Optic Cable Annual Compound Growth Rate Of 4%

 

The international market research institute Market Study Report recently released a global submarine fiber-optic cable research report that the global submarine fiber-optic cable market in 2018 is 2.67 billion US dollars, and is expected to increase to 3.66 billion US dollars by 2025, with a compound annual growth rate of 4.0%.

 

2018-2025 Global Submarine Fiber Optic Cable Annual Compound Growth Rate Of 4%


According to the report, the submarine fiber optic cable market is mainly driven by the growth of deep sea demand on a global scale. The deep sea accounts for nearly 76.65% of the total downstream consumption of global submarine fiber optic cables.

 

Submarine fiber optic cables (also known as submarine communication cables) are cable-like components but contain one or more fibers that carry light. The fiber optic components are typically individually coated with a plastic layer and contained in a protective tube that is suitable for the environment in which the cable will be deployed. Submarine cables are laid on the ocean floor to establish telecommunications between countries and regions.

 

OPTICO COMMUNICATION (www.fiberopticom.com) focuses on the development of fiber optic network communication product lines and provides a comprehensive solution to the fiber connectivity system components. We supply fiber optic components, such as fiber patch cord, fiber pigtail, PLC splitter, fast connector, MTP/MPO, CWDM/DWDM, SFP, FTTH solution, Data center wiring solution, etc. All the products adopt strict quality standards in the production and inspection, ensuring excellent operation performance and good product stability, and safely and reliably ensuring the long-term use of products.

For more details, pls visit OPTICO website: www.fiberopticom.com.