Industry Analysis & Industry Trends
The Fibre Optic Cable Installation industry's strong growth phase has been underpinned by the commitment of successive federal governments to invest into building telecommunications technology through the National Broadband Network (NBN). The objective of the NBN is to provide all Australian households, businesses and government agencies with a technologically advanced communications platform through which to access internet-based entertainment and data transfer. Through the creation of NBN Co, the Federal Government single-handedly created a boom in the industry.
Industry revenue has climbed from humble levels in the late 2000s. Over the five years through 2014-15, industry revenue is expected to grow at an annualised 57.3%, to total $3.0 billion... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is growing at an extraordinary pace, fuelled by the high level of government funding into the National Broadband Network. While networks comprising fibre-optic cables were in existence before the NBN was pursued, these were not as in-depth as the NBN project.
This government investment is expected to drive growth in industry value added by an annualised 18.7% over the 10-year period through 2019-20, compared with GDP growth by an annualised 2.7% over the same period. The NBN is introducing a new technology to many consumers and businesses, and thus be seen as introducing a new product to many new markets... purchase to read more