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The Insight Partners released a report on the global ribbon cable market that the global ribbon cable market will grow at a compound annual growth rate of 8.
9% during the forecast period from 2018 to 2025 and reach $4,370.
3 million
by 2025.
The report pointed out that the general trends such as cloud technology, big data, and the Internet of Things are the main reasons for promoting the
stable and rapid growth of global demand for ribbon optical cables.
Currently, ribbon cables are commonly used in indoor applications such as telecom rooms, data centers, buildings and servers, and so on
.
Indoor applications have a lower risk of damage compared to outdoor applications, so dry ribbon fiber optic cables are in high demand because they do not require gel filling to provide additional protection against water and moisture
.
In the future, even if the technology for transmitting data requires a high-bandwidth medium to propagate, ribbon optical cables help to achieve the demand
for high bandwidth.
At the same time, as the demand for transmission speed and capacity increases, traditional copper cables are being replaced
by fiber optic cables.
From the perspective of enterprises, CommScope, Corning Cable, Fujikura, OFS, Prysmian, Nexans, India's Sterlite Tech, Sumitomo Electric Lightwave Corporation, Simon and Changfei Fiber Optic Cable will become the world's top ten ribbon cable manufacturers
.
The Insight Partners released a report on the global ribbon cable market that the global ribbon cable market will grow at a compound annual growth rate of 8.
9% during the forecast period from 2018 to 2025 and reach $4,370.
3 million
by 2025.
The report pointed out that the general trends such as cloud technology, big data, and the Internet of Things are the main reasons for promoting the
stable and rapid growth of global demand for ribbon optical cables.
Currently, ribbon cables are commonly used in indoor applications such as telecom rooms, data centers, buildings and servers, and so on
.
Indoor applications have a lower risk of damage compared to outdoor applications, so dry ribbon fiber optic cables are in high demand because they do not require gel filling to provide additional protection against water and moisture
.
In the future, even if the technology for transmitting data requires a high-bandwidth medium to propagate, ribbon optical cables help to achieve the demand
for high bandwidth.
At the same time, as the demand for transmission speed and capacity increases, traditional copper cables are being replaced
by fiber optic cables.
From the perspective of enterprises, CommScope, Corning Cable, Fujikura, OFS, Prysmian, Nexans, India's Sterlite Tech, Sumitomo Electric Lightwave Corporation, Simon and Changfei Fiber Optic Cable will become the world's top ten ribbon cable manufacturers
.
