Albany, NY -- (SBWIRE) -- 03/11/2019 -- Several manufacturers have initiated working on customizing their fiber optic connector products to meet the needs arising from the military, avionics, television broadcasting, and telecommunication industries. Nevertheless, the awareness and employment of fiber optic connectors in other areas is still taking a leap. There is an opportunity for manufacturers to design products in line with the market needs, which can aid in generating further revenue streams. The deployment of 5G technology is anticipated to strengthen the demand for fiber optic connectors in the years ahead.

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The deployment of 5G technology is anticipated to intensify the demand for fiber optic connectors. In this regard, companies in the global market are looking forward to reap profits from this surging demand and are focusing on customizing their products as per the needs of the telecommunication industry and service providers. This is important as fiber optic connectors have generally been used in military data transfer and telecommunication systems and different niche deployments. Thereby, the companies that are manufacturing fiber optic connectors are developing an inquisitive nature for the applications and industries that are comparatively new to them. It has been witnessed in the last couple of years that fiber connectors hold a significant part of the complete broadcasting and television setup. For fulfilling the growing needs of fiber optic components in the global television broadcasting industry, manufacturers are focusing on accelerating the research and development activities and innovation related to fiber optics and other components.

Telecommunication sector industry will continue its lead in the global market

The deployment of fiber optic connectors and related components is increasing incessantly and is fueling the growth of the telecommunication infrastructure in return. While most of the developed regions have achieved a decent penetration of the fiber optics technology, a stable demand is expected from several developing regions in the coming years. The rise in the number of internet users across the globe along with the decreasing prices of data plans has led to a substantial rise in the use of data consumption per person worldwide. In order to serve the growing data needs, telecommunication infrastructure is getting updated and vendors are trying to focus on catering to niche customer requirements. The launch of new satellites and antennas by private companies is also being explored in order to cater to this swelling need.

The global digital ecosystem has been continuously evolving over the last few years. The worldwide ICT sector has witnessed some key disruptions of late and governments of various economies are devising and implementing smart and inclusive regulations to govern sector penetration and facilitate technology connectivity to all parts of the world. Even as the world of technology prepares for a massive revolution with unimaginable advancements powered by machine intelligence, here are some of the key drifts presently trending the global ICT sector:

Mobile as the new internet accessibility engine: Currently, about three-fourths of internet usage is through mobile phones, with an increasing usage witnessed in low-income and middle-income countries. Yet, over half the worlds population is bereft of mobile broadband internet services. Mobile data providers have accepted this challenge and are targeting niche, unpenetrated markets with high-speed connectivity offerings to increase their customer base.

Cloud computing to shoot beyond the sky: Cloud is a potent catalyst in all technological advances of the 21st Cloud is transforming the way enterprises handle big data, and ICT companies are looking to deploy new mechanisms and tools to speak to data and acquire the relevant information capable of impacting cross sector business growth.

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Swifter integration of networks and technologies: ICT will continue to disrupt industries and with an increasing shift in focus towards cross-functional platforms that integrate networks, devices, and technologies, a structured integration of communication applications and protocols is fueling new service offerings.

An app-led technology universe: If mobile is at the heart of the ICT revolution, mobile apps are the arteries that pump in the necessary innovation for survival. The rise of start-ups offering a plethora of mobile apps is set to revolutionize the entire paradigm of the global ICT sector.

Cyber readiness is the norm: A rapid digitalization has also upped the risk of cybercrimes and cyber-attacks. Mobile companies are working to build secure ICT servers and networks and cyber readiness is of paramount importance today while introducing new products and services in the global market.

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