As we step into 2023, the buzz around business connectivity is getting louder, and one word continues to reign supreme – Fibre! With lightning-fast speeds and unrivaled reliability, it’s no wonder Fibre has become the go-to solution for companies across the globe. Get ready to discover the latest and greatest trends set to shape the fibre business landscape in the coming year.
What is Business Fibre?
Before we discuss the business trends, lets first understand what Fibre is. Fibre is a form of internet connection that uses fibre optic cables (glass tubes that carry data in light pulses). It is no wonder that fibre is dominating the business space. This system provides high performance data communication over long and short distances.
Benefits of Business Fibre
Fibre to the Business (FTTB), better known as business fibre is leading the way in the business arena, here are some reasons why:
- Faster: 10-20X faster than copper cable connections, offering equal up and download speeds.
- Reliable: The fibre cable connection is much more resistant to weathering and damage.
- Increased bandwidth: more bandwidth = more capability, especially because your business can enjoy more cloud-based benefits, opening up data storage and cloud sharing.
- Growth: As your business grows, scale up your fibre accordingly.
Now that we have covered what fibre is and how it can benefit your business, let’s take a look at some of the trends to expect in 2023.
1. Rise of Business Connectivity
The fibre revolution is gaining momentum, and the business world is taking notice. Over the past seven years, fibre subscriptions have skyrocketed with a whopping 4,200% increase as companies demand fast and reliable connections. In 2023, fibre is poised to surpass traditional fixed broadband as the go-to choice for businesses. With digitization accelerating at record speed in the wake of the pandemic, expect a substantial surge in business fibre subscriptions next year.
2. The Cloud
A trillion gigabytes of data were generated in 2020 and this number is only expected to grow in the coming years. As business fibre continues to handle massive amounts of data, the demand for cloud storage and data centers will also rise to keep pace.
3. More Streaming
Thanks to the growing trend of adopting business fibre, companies will enjoy a boost in their ability to stream services, communicate via VoIP, and hold video conferences. This will enhance support for remote and blended work setups, ultimately leading to a smoother and more streamlined workflow.
4. Extension into Rural Regions
Fibre optic cabling, once restricted to urban areas, is now spreading into rural regions. With the expansion for business fibre into remote areas, rural entrepreneurs will thrive, and the economies of previously underserved regions will experience growth.
5. AR & VR
Artificial Reality (AR) and Virtual Reality (VR) have proven their worth in various industries and as we move into 2023, business can expect an increase in adoption of fully immersive AR and VR, bridging the gap between customers and companies like never before.
Make sure to contact your provider to find out more about business fibre options.
Telecoms-Channel.co.za is your one-stop source for the latest news and insights from the telecoms industry in South Africa, so that you get comprehensive coverage of the industry and keep up with the ever-evolving market landscape.
Whether you need to understand market trends, identify new opportunities, or stay informed of the latest developments, we have you covered. Check our favorite content here.
In addition to bringing the best news together, we have access to an extensive supplier network that makes it easy for any telecoms company looking to tap into new markets or enter the telecoms industry. With the comprehensive range of solutions available, we help you to find the perfect combination products and services to suit your business.
Take advantage of our expertise and contact us today to get started.