Pune, India -- (SBWIRE) -- 03/30/2019 -- Several major cloud providers are planning to construct their data centers in European countries. For instance, Amazon is planning to build a US$ 1.08 Mn (Euro 1 Mn) data center in Dublin; IBM plans to open three data centers in UK; also, after two data centers in Ireland and Denmark, Facebook is announced to construct its third data center in Denmark. Furthermore, Interxion has plans to invest US$ 87.8 Mn (Euros 83 Mn) to construct new data center facilities in London, Frankfurt, and Stockholm. This constant growths in the numbers of data centers to be constructed in the near future will help the vendors in the supply chain of data center construction to look forward to the opportunities prevailing in the market. With the exponential growth in internet utilization, development of advanced software & application system and increase in the number of interconnected devices in public & private network, there followed an ever increasing volume of data.
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The key players profiled in the report are CommScope, Inc., Corning, Inc., Prysmian Group, Fujikura Ltd. and The Siemon Company. Also, OFS Fitel, LLC, Sterlite Tech, Nexans, Sumitomo Electric Lightwave Corporation and Yangtze Optical Fiber and Cable Joint Stock Limited Company are other key companies in the ribbon fiber optic cable market.
The technology which utilizes the physical properties of light by modulating a light signal with voice or data and sends it through a fiber by the virtue of Total Internal Reflection (TIR) is referred to as ribbon fiber optic cable technology. The growing demands for increase in the speeds of data transfer over a network with minimum data losses has spurred the need for implementations of fiber cables. The losses in copper wire data transmissions had researchers constantly put on a task to look out for a more efficient method to transmit data.
The need to store and process this large volume of data has encouraged the companies to adopt advanced storage and processing solutions thus driving the data center. Digitization across industry verticals, big-data technologies, growth in e-commerce and development in advanced analytical techniques are making data centers as one of the fastest growing users' electricity in developed economies and is one of the major driver of the growth in the construction of power plants.
In our study, we have segmented the Ribbon Fiber Optic Cable market by Type, Cable Type, and Application. The market for Ribbon Fiber Optic Cable has been segmented on the basis of Type into Single-mode and Multi-mode ribbon fiber optic. The market has been further bifurcated for the two different types of cabling in which these ribbon fiber optics come. Gel filled and dry tubes are the two cabling types for ribbon fiber optic cables and form the basis for segmentation of our market. Also, ribbon fiber optic cables market has been segment on the basis of applications into Data Centers, Telecommunications and Others. On the basis of geography, the Ribbon Fiber Optic Cable market is analyzed into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).
The automobile industry is expected to witness a rapid growth and drive the growth of Ribbon Fiber Optic Cables market. Players having a good hold over the Ribbon Fiber Optic Cable market can look to venture into providing NFC solutions with their car models.
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