Industry Analysis & Industry Trends
The Fibre Optic Cable Installation industry continues to be one of the fastest growing industries in the Australian economy. Growth has been driven principally by the commitment of successive federal governments to invest into building telecommunications technology for the coming decade 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.
Over the five years through 2014-15, industry revenue is forecast to record accelerated growth of an annualised... 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 22.9% over the 10-year period through 2019-20, compared with GDP growth by an annualised 2.7% over the same period... purchase to read more