DUBLIN--(BUSINESS WIRE)--The "Global Fiber Optic Cables - Procurement Market Intelligence Report" report has been added to ResearchAndMarkets.com's offering.
Fiber optic cable is a network cable with an insulated casing that contains one or more strands of glass fibers. It is designed to carry communication signals or data in the form of light pulses generated from LEDs or injection-laser diode. Light moves through the cable because of a phenomenon called total internal reflection. These cables are primarily used in end-user industries such as oil and gas, mining, telecommunication, and data centers. Growing investments in data centers by global CSPs managed hosting service vendors, and telecommunication organizations are expected to drive the demand for fiber optic cables.
The report provides actionable insights to improve source-to-contract cycle performance in the Global Fiber Optic Cables Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
One of the procurement best practices for buyers is to engage with suppliers that implement hedging for procuring their raw materials.
One of the key growth contributors for the global fiber optic cables market is the rapid rate of digitization and government initiatives undertaken to improve the internet infrastructure.
The report states that one of the key category management strategies for the buyers in the global fiber optic cables market is to minimize ad-hoc purchases by engaging with suppliers that are capable of providing end-to-end fiber optic cable solution.
- Prysmian Group
- FiberHome Telecommunication Technologies
- HENGTONG GROUP
- Hangzhou Futong Communication Technology Holdings
- US Market Insights
Key Topics Covered:
1: Executive Summary
2: Market Insights
3: Category Pricing Insights
4: Cost-Saving Opportunities
5: Best Practices
6: Category Ecosystem
7: Category Management Strategy
8: Category Management Enablers
9: Suppliers Selection
10: Suppliers Under Coverage
12: Category Definition
For more information about this report visit https://www.researchandmarkets.com/research/p723g4/global_fiber?w=4