By any measure, the worldwide bandwidth market is flourishing. Worldwide bandwidth demand has practically 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, retaining tempo with demand.
How? Is the community getting quicker?
Not fairly. Assume greater freeway, not quicker vehicles.
To satisfy 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 12 months 2016 initiated a interval of serious world funding within the sector. Cables with a mixed development 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. Based mostly on publicly-announced deliberate cables, over $10 billion value of recent cables are anticipated to enter service between 2023 and 2025.Â
Building Value of Submarine Cables
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Notes: Whole development prices of all worldwide and home submarine cables getting into service in designated years. Building prices exclude the price of subsequent capability upgrades and annual operational prices. 2023-2025 development prices based mostly on introduced contract values and TeleGeography estimates. Not all deliberate cables could also be constructed. Supply: © 2023 TeleGeography
These numbers had been pulled from our Transport Networks Analysis Service.
Obtain the most recent Abstract of Findings to maintain studying this report.
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