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In the next three years, global investment in Marine cable will exceed US $8 billion

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In the next three years, global investment in Marine cable will exceed US $8 billion
Latest company news about In the next three years, global investment in Marine cable will exceed US $8 billion

Global undersea cable investment is expected to be worth more than $8 billion over the next three years, according to the undersea cable map developed by market research firm TeleGeography in collaboration with Telecom Egypt.
Undersea communications within Asia is expected to receive the most investment, with $1.6bn of new cables expected to be rolled out.
Content providers' share of total capacity soared to 66% in 2020 from less than 10% before 2012. "These companies alone have such a staggering demand for data center traffic that they are pushing projects and routes for undersea cable systems to be prioritized. Google alone has more than 15 undersea cable investments worldwide, "the official statement said.
Speaking of maps, the agency worked with Telecom Egypt to visualize 464 global cables and 1,245 landing stations, including 428 active cables and 36 planned cables, as well as major future deployments.
"The map for 2021 illustrates a market that is experiencing more deployments. Over the past decade, we have seen content providers become disruptors, investing heavily to meet the global demand for their services, "said Alan Mauldin, Research Director at TeleGeography.

Pub Time : 2021-08-31 11:49:42 >> News list
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