The Future of Fibre Optic Deployment
In the late 1900 and early 2000, the Dot-com Bubble era was a rapid rise of U.S. Technology stock equity valuations fueled by Internet-based investments. The commercialization of the Internet led to the most significant expansion of technology adaption, with high hopes to bridge the digital divide gap, creating an increased demand for fibre products until, eventually, bursting the internet bubble.
However, we observe a turnaround within these three years of the covid-19 pandemic with unprecedented demand for digital communications. Unlike in the 90s, whereby it was a luxury to surf the world wide web, reliable Internet has become a matter of social equity, providing access to a digitized reality. Our present is the hopeful result that is yet to come during the Dot-com Bubble era.
During that period, a sudden surge of 50% of network traffic growth was observed, causing congestion and affecting broadband download speed. The world is calling for 5G internet, and more cloud-based applications increase the demand for optical products.
According to CNBC coverage on Corning's optical fibre and cable manufacturing facilities in North Carolina, "How Fiber Will Speed Up America's Internet." (18th Aug 2022), "Experts say the biggest cost in deploying fibre is not the materials but the installation itself."
To achieve Corning's broadband deployments target by 2025, we are facing labour shortages of 57%; of 850,000 industrial specialists. According to "MarketsandMarkets", the fibre optics market is projected to reach USD 8.2 billion by 2027; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 10.9% from 2022 to 2027.
Telecommunication contractors are needed now more than ever for fibre optic installation, testing and commissioning. Good quality optical fibre products and instruments such as splicing machines, OTDR, and Spectrum Analyzers are crucial to ensure fast and reliable Internet during and after the fibre network commissioning and deployment.
It is believed that our entire network will be fibre over the next few decades.
Featured in CNBC "How Fiber Will Speed Up America's Internet." is a fusion splicer that used to fuse together fiber optics during optical fiber deployment at time 4:28 min
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