The Fiber Optic Cable Market Is Projected To Reach $11.67 Billion Globally By 2025, With A CAGR Rate Of 11.18% From 2013-2025

The fiber optic cable market — reflecting the driving impact of 5G — is projected in the “Fiber Optic Cable Market 2020 Global Industry” report to reach a volume of $11.67 billion by 2025, driven by a CAGR growth rate of 11.18% from 2013-2025. Fiber optic cables deliver high speed data transmission via light waves, enabling them to transmit either through glass or plastic threads (fibers) at the speed of light. Experts say it is 100 times quicker than 4G.

Media companies such as Stock Market Press are reporting on the fast growing fiber optic telecommunications market. It keeps readers up to date on company stocks in this market such as iQSTEL Inc. (OTC: IQST), Motorola Solutions, Inc. (NYSE: MSI), China Mobile Limited (NYSE: CHL),Verizon (NYSE: VZ), AT&T Inc. (NYSE: T), T-Mobile US (NASDAQ: TMUS), Sprint (NYSE: S) and Ericsson (NASDAQ: ERIC), HIVE Blockchain Technologies Ltd. ( (OTC: HVBTF) and Long Blockchain Corp. (OTC: LBCC)  in 5G and blockchain networks. Also covered are trends by semiconductor manufacturers Qualcomm (NASDAQ: QCOM), Qorvo (NASDAQ: QRVO) and Skyworks Solutions (NASDAQ: SWKS), among others.

The Fiber Optic Cable Market Is Projected To Reach $11.67 Billion Globally By 2025, With A CAGR Rate Of 11.18% From 2013-2025

Fiber optic cables carry much higher bandwidth than metal cables enabling them to carry more data and at a far quicker data transmission rate. The market is sub-segmented into submarine cable, long distance transmission, network CATV, local access network and others. The fiber optic cable market is projected to reach $11.67 billion globally by 2025, with a CAGR rate of 11.18% from 2013-2025.

Fiber optic transmitters cable — including glass strands as thin as hair carrying pulses of light — within submarine cable, already in use, support the new 5G bandwidth requirements. 5G speeds are up to 100 times faster than 4G.

Data rates will increase the adoption of of fiber optic cables in different industries, the report says, with IT and telecommunications eyed to hold the highest share of fiber optic cables, the analysis shows. The fiber optic cable market is projected to reach $11.67 billion globally by 2025, with a CAGR rate of 11.18% from 2013-2025.

iQSTEL Inc.’s (OTC: IQST) subsidiary Etelix Will Play An Important Role In Fiber Optic Cable  Installation

iQSTEL Inc.’s (OTC: IQST) Miami-based subsidiary, Etelix, is an American 5G provider of Submarine Fiber Optic Network capacity for internet (4G and 5G). Etelix is a significant factor in the transmissions between the U.S. mainland and Central and South America. Submarine Fiber Optic cable supports the new 5G bandwidth requirements. iQSTEL Inc.’s (OTC: IQST) management predicts that infrastructure demands throughout Latin America, and other countries, will see exponential increases over the next few years.

Foreign countries where 5G is in various stages of being tested include United Kingdom, Australia, South Africa, Poland, Canada, Belgium, Germany and others. In the U.S., multiple providers are testing 5G installations in New York City, Dallas, Hartford, Salem, St. Louis, Dayton, Boston, Bakersfield, and more. 5G is on the verge of breaking out globally in 2020 in network tests, providing a lucrative 5th generation telecom growth market.

iQSTEL Inc. (OTC: IQST) Is Seeing Performance Jump

iQSTEL Inc. (OTC: IQST), through its growing number of subsidiaries, will impact how 5G offers new and quicker features. iQSTEL Inc. (OTC: IQST) already has several high technology subsidiaries and it continues to grow in size and telecom services. Last week, iQSTEL Inc. (OTC: IQST) added another high tech subsidiary when it completed its acquisition of a 75% stake of itsBchain. Besides wholly-owned Etelix, the parent company also owns 51% of SwissLink Carrier AG. SwissLink Carrier AG provides international VoIP connectivity worldwide and more.

QSTEL Inc.’s (OTC: IQSTEL) Etelix Subsidiary Reports Record Sales

QSTEL Inc. (OTC: IQSTEL), including its subsidiaries, reported 2019 sales of near $22 million, an 18.5% jump from the prior year. For January 2020, the parent company reported consolidated net sales of $1,844,258, representing a 32% jump in volume when its SwissLink sales are included. For subsidiary Etelix, January 2020 sales were $1,459,358, its highest January ever since its inception in 2007. Etelix performance showed a YOY 4% organic growth gain in January 2020, the company said.

Companies like iQSTEL Inc. (OTC: IQST will play a growing role in the installation and maintenance of the 5G telecommunications landscape. Specialty high technology firms will play an important role in the future of telecommunications. Mr. Iglesias, CEO of iQSTEL Inc. (OTC: IQST), said, “Our administrative and cross-selling synergies are already bearing fruit with our VoIP business. We are very pleased with the stable and reliable growth our carrier business is generating. Etelix, SwissLink and iQSTEL management teams are already looking at profit accretive acquisitions in the near future.”

Mr. Iglesias said management of the newly acquired itsBchain subsidiary would further enhance the synergy between the portfolio companies of iQSTEL Inc. (OTC: IQST). Mr. Iglesias has been invited for an interview March 25 at NASDAQ Marketsite in Times Square, New York, to discuss the company’s performance and its future plans.

Source: Stock Market Press

Join Stock Market Press’ newsletter for the latest in IPO, market commentary and company profiles.

Stock Market Press is a financial news company that delivers up to date stock news, introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network.

Contact:

Stock Market Press
110 Wall St.
New York, NY 10005 info@stockmarketpress.com

Safe Harbor Statement: Statements in this news release may be ”forward-looking statements.” Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Stock Market Press undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

See Stock Market Press disclaimer: https://stockmarketpress.com/disclaimer/ SOURCE: Stock Market Press