By any measure, the worldwide bandwidth market is prospering. Worldwide bandwidth demand has almost doubled from 2020 to 2022, and has now reached 3.8 Pbps.
In the meantime, the lit capability on main submarine cable routes continues to soar, maintaining tempo with demand.
How? Is the community getting sooner?
Not fairly. Suppose greater freeway, not sooner automobiles.
To fulfill demand, submarine cable operators are lighting extra capability on current programs. Not solely that, however new programs are coming on-line throughout all routes.
The yr 2016 initiated a interval of great world funding within the sector. Cables with a mixed building value of $8.7 billion entered service between 2018 and 2022, and each main subsea route noticed new cables deployed throughout this timeframe.
Funding is predicted to surge throughout all world routes.
Funding is predicted to surge throughout all world routes. Primarily based on publicly-announced deliberate cables, over $10 billion price of recent cables are anticipated to enter service between 2023 and 2025.Â
Development Value of Submarine Cables
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Notes: Complete building prices of all worldwide and home submarine cables coming into service in designated years. Development prices exclude the price of subsequent capability upgrades and annual operational prices. 2023-2025 building prices primarily based on introduced contract values and TeleGeography estimates. Not all deliberate cables could also be constructed. Supply: © 2023 TeleGeography
These numbers have been pulled from our Transport Networks Analysis Service.
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