By any measure, the worldwide bandwidth market is flourishing. 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, conserving tempo with demand.
How? Is the community getting quicker?
Not fairly. Suppose greater freeway, not quicker vehicles.
To satisfy demand, submarine cable operators are lighting extra capability on present techniques. Not solely that, however new techniques are coming on-line throughout all routes.
The yr 2016 initiated a interval of serious international funding within the sector. Cables with a mixed building price of $8.7 billion entered service between 2018 and 2022, and each main subsea route noticed new cables deployed throughout this timeframe.
Funding is anticipated to surge throughout all international routes.
Funding is anticipated to surge throughout all international routes. Based mostly on publicly-announced deliberate cables, over $10 billion price of recent cables are anticipated to enter service between 2023 and 2025.
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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