Hi Douglas: Here is another piece of the growth puzzle...(from the YAHOO board)
Fiber Optics Spending Totals $12 Billion in 1998 (Posted March 03, 1999 02:00 PM PST)
As published in the 1999 MultiMedia Telecommunications Market Review and Forecast, a joint publication by the Telecommunications Industry Association (TIA) and the MultiMedia Telecommunications Association (MMTA), spending on fiber optic equipment reached $12 billion in 1998, a 9 percent increase over 1997. Total spending on fiber optics is projected to reach $25 billion by 2002.
As detailed in the publication, optical fiber is becoming the new medium chosen by local and long-distance phone companies, as well as cable companies, to meet the demands for greater bandwidth and faster transmission speeds required by new technologies. The growth of the Internet and the emergence of multimedia applications such as videoconferencing are the driving forces behind the move to fiber optics.
The Market Review and Forecast features extensive statistical data, such as the following fiber optic market information:
The price of bare single-mode fiber dropped by more than 20 percent since January 1997; Overall spending in the fiber optics market, by carriers and others, has risen from $4.1 billion in 1990 to $12 billion in 1998; Spending on fiber optic cable is projected to remain stable, edging up from $2 billion in 1998 to $2.1 billion in 2001, reflecting the decreasing price of cable offsetting the increased demand; and Fiber optic equipment, which includes WDM, SONET/SDH transport equipment and digital cross-connects, is projected to exhibit a compound annual growth rate of 23 percent through 2002, increasing from $10 billion in 1998 to $22.9 billion in 2002.
[Press copies of the book are available by calling (703) 907-7723 or email kstevens@tia.eia.org. To order the publication, please call (703) 907-7471 or email maime@mmta.org.]
EKS |