Cabling study forecasts strong growth

Cabling study forecasts strong growth

The worldwide fiberoptics industry purchased $6.3 billion of fiberoptic cabling for communications applications in 1996, according to the Fiber Optic Cable Global Market Forecast (1996-2006) produced by ElectroniCast Corp. (San Mateo, CA). The study predicts that global use of fiberoptic cabling will increase at about 19% per year over the next five years, to $14.9 billion in 2001 (in current dollars). Broken down by specific applications, telecommunications accounts for 76% of the cabling consumption, private data local- and wide-area networks for 11%, and cable TV for 9%.