Increase in internet activity has resulted in subsequent growth in subsea cable’s demand. This new cable is ideal for high-frequency trading between faraway markets.
July 22, 2016
A dramatic expansion of subsea cables will support electronic trades between faraway market centers. By 2020, the subsea cable market is expected to reach 7 percent compounded growth rate. Although wholesale telecoms still represent 85 percent of the subsea-cable market, it has recently seen some new clients, incorporating some Wall Street-type firms and high-frequency traders interested to buy subsea bandwidth.
The major confluence of new demands, the growth of subsea cables will offer a wonderful opportunity for many to start new global activities. This substantial growth may head towards the next industrial revolution. New sources of project financing such as private equity and some stimulus by multilateral institutions and governments are adding to subsea-cable growth.
