Hengtong And Other International Communication Enterprises Are Leading The Industry Market In 2022!

Communications industry forecast in 2022

According to the latest fiber optic cable Market Research Report, the global optical fiber cable market amount will reach to 11.2 billion USD, and the annual compound growth rate will be 5.8% in 2022.

The report indicates that the increasing demand for high-speed bandwidth, the the continuous development of industrial Ethernet and regional communication security are the main reasons for the steady growth of the optical fiber cable market. It is particularly important to point out that the process of globalization has promoted the increasing demand for submarine fiber cables. The current submarine optical cable system is carrying more than 90% of the global data transmission demand.

At present, the rapid development of communication technology has led to the expansion of the global communications industry. The development of large data, networking and other technologies have accelerated the optical fiber construction of global cloud data center. Global access network data surges, thus have promoted communication terrestrial optical fiber backbone network’s upgrade to 100G, even 400G DWDM, and speeded up the constructional progress of transnational backbone submarine cable. 5G global technology standard is determined, demand like VR display, intelligent manufacturing, automatic driving have prompted the speeding up of 5G construction of commercial optic fiber.

As largest-scaled system integrator and network server in China’s optical fiber and optical network industry, the top 3 of global optic fiber industry, and with a global leading optical fiber communication (optical fiber perform - fiber - optical cable - optical devices - marine optical network) and quantum communication full industry chain, as well as independent core technology, Hengtong provides optical fiber, optical networks, quantum security communication, ocean observation network, intelligent marine engineering system solutions, and EPC contractional service that integrates design - construction - operation and maintenance into one body. It will be continue leading global industrial market with international communication enterprises like American CommScope, Nexans, becoming of global leading communication product supplier.