South America Optical Fiber Cable Market Research Report, 2028

South America is witnessing major technological advancement. The region is on its way to becoming one of the most widely urbanized regions across the world. The government has planned a number of large-scale projects to develop the networking and telecommunications infrastructure in the region. The growth of data-intensive applications and services, such as cloud computing, video streaming, and online gaming, is driving the need for robust data center infrastructure. Data centers require high-capacity, low-latency connectivity, which can be efficiently achieved through optical fiber cables. The increasing demand for data center and cloud services in South America is contributing to the growth of the optical fiber cable market. South American countries are witnessing the expansion of 4G networks and the gradual rollout of 5G networks. These advanced mobile networks require a robust and reliable backhaul infrastructure, which is often facilitated by optical fiber cables. The deployment of 4G and 5G networks is expected to drive the demand for optical fiber cables in the region. Various industries, including healthcare, education, finance, and government, are undergoing digital transformation in South America. This digitalization trend requires a reliable and high-speed communication infrastructure, making optical fiber cables an essential component. The increasing digitalization across industries is contributing to the growth of the optical fiber cable market. South America has experienced a substantial expansion of fiber optic networks in recent years. Telecommunication companies and internet service providers have been investing in the deployment of optical fiber cables to expand their network coverage and meet the growing demand for high-speed internet services. This expansion has led to increased connectivity and improved access to broadband services in many parts of the region. According to the research report, “South America Optical Fiber Cable Market Research Report, 2028", published by Actual Market Research, the market is projected to add more than USD 285 Million from 2023 to 2028. The history of optical fiber cable in South America can be traced back to the early 1990s. In 1992, the first submarine fiber optic cable, the South Atlantic Crossing (SAT-3), was laid between Brazil and Europe. This cable was a major milestone in the development of telecommunications in South America, as it provided a much-needed high-speed connection to the rest of the world. In the years since SAT-3 was laid, a number of other submarine fiber optic cables have been installed in South America. These cables have helped to improve the quality and reliability of telecommunications services in the region, and have made it possible for South American businesses and consumers to connect to the global internet. In addition to submarine fiber optic cables, there are also a number of terrestrial fiber optic cables in South America. These cables connect major cities and towns in the region, and provide high-speed internet access to businesses and consumers. The development of optical fiber cable in South America has had a major impact on the region's economy and society. Improved telecommunications have made it possible for businesses to operate more efficiently and reach new markets. They have also made it possible for people to connect with each other and access information more easily. As a result, optical fiber cable has played a key role in the development of South America into a modern, connected region. The region is home to a number of major submarine fiber optic cables. These cables connect South America to the rest of the world, and provide high-speed internet access to businesses and consumers.

What's Inside a Actual Market Research`s industry report?

Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

Download Sample

The Brazilian government has invested heavily in submarine fiber optic cables. In 2017, Brazil launched the South America-1 (SAm-1) cable, which connects Brazil, Argentina, Chile, and Peru. The government has also provided subsidies to telecommunications companies to help them invest in optical fiber cable infrastructure. The Argentine government has also invested in submarine fiber optic cables. In 2018, Argentina launched the ARA Libertad cable, which connects Argentina to Europe. South America has witnessed a growing trend of digital connectivity, with more people embracing technology and relying on the internet for various aspects of their daily lives. This includes online communication, e-commerce, entertainment streaming, and access to digital services. The demand for high-speed internet connectivity, facilitated by optical fiber and cable networks, is expected to continue to rise as digital connectivity becomes increasingly ingrained in South American culture. Streaming platforms for video, music and other forms of digital content have gained popularity in South America. Platforms like Netflix, Amazon Prime Video, and Spotify are increasingly being used by South American consumers. The availability of high-speed internet, enabled by optical fiber and cable networks, plays a crucial role in supporting seamless streaming experiences. The COVID-19 pandemic has accelerated the adoption of remote work and digital nomadism in South America. As more people seek flexible work arrangements, the demand for reliable and high-speed internet connectivity, facilitated by optical fiber and cable networks, has increased to support remote work, video conferencing, and virtual collaboration. Brazil is significantly dominating the market of the region. Brazil's vast geographical size and diverse terrain present challenges in providing widespread connectivity. Optical fiber cables, with their high bandwidth and long-distance capabilities, are an ideal solution for addressing these challenges, making them a preferred choice for improving connectivity across the country. Brazil has the largest population in South America, which translates into a significant market size. The large customer base drives the demand for optical fiber cables as the country seeks to expand its telecommunications infrastructure and provide high-speed internet connectivity to its population. The Brazilian government has implemented initiatives to improve broadband connectivity and bridge the digital divide. Programs such as the National Broadband Plan (PNBL) have focused on increasing the availability of high-speed internet, driving the demand for optical fiber cables. The multi-mode is positively growing in the market of South America; Multi-mode cables are typically less expensive than single-mode cables, making them a more affordable option for businesses and organizations in South America. This cost advantage attracts a larger customer base and drives the overall demand for optical fiber and cable in the region. The demand for higher data speeds and bandwidth is increasing in South America, driven by factors such as cloud computing, video streaming, and the Internet of Things (IoT). Multi-mode fiber technology has been evolving to support faster data rates, making it a viable choice for these emerging applications. This technological advancement has fueled the market growth of optical fiber and cable in the region. South America has been witnessing infrastructure development initiatives, such as the expansion of telecommunications networks, data centers, and broadband connectivity projects. These developments create a strong demand for optical fiber and cable, and the cost-effectiveness and compatibility of multi-mode cables make them an attractive choice for these infrastructure projects.

Make this report your own

We're excited to discuss your needs and our solutions. Let's schedule a call.

Ask an Expert

Kripa Shah

Senior Analyst

Major companies present in the market: Nexans S.A., Prysmian S.p.A., Furukawa Electric Co., Ltd., Fujikura Ltd., CommScope Holding Company, Inc, Hengtong Group, Corning Incorporated, Te Connectivity, LS Cable & System Ltd. ,Leoni AG. Considered in this report • Geography: South America • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • South America Optical Fiber Cable market with its value and forecast along with its segments • Country-wise Optical Fiber Cable market analysis • On-going trends and developments • Top profiled companies • Strategic recommendation

Don’t pay for what you don’t need. Save 30%

Customise your report by selecting specific countries or regions

Specify Scope Now

Countries Covered in the report: • Brazil • Argentina • Colombia By Cable Type: • Single Mode • Multi-Mode By Installation Type: • Overhead • Underground • Submarine By End User: • Power Infrastructure (Energy, Power Transmission and Distribution) • IT & Telecommunication • Building & Construction (Commercial and Residential) • Aerospace & Defence • Consumer Electronics • Automotive (Passenger, Commercial and Utility Vehicles • Others (Oil & Gas Industry, Industrial Machinery and Manufacturing, Medical Equipment, Logistics, etc.) The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Optical Fiber Cable industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.