Red Sea Submarine Cable Fault: Significant Disruption in Eurasian Internet Communication Industry Trends

Red Sea Submarine Cable Fault: Significant Disruption in Eurasian Internet Communication

Introduction: On February 28, 2024, a submarine cable fault occurred in the Red Sea, causing a significant disruption in internet communication between Eurasia. Four submarine cables were reported to be affected, resulting in approximately 25% of Eurasian internet traffic being interrupted. This incident highlights the crucial role of submarine cables in global internet communication, further complicated by the involvement of Houthi militants. Background and Impact: Time and Location of the Incident: The submarine cable fault occurred on February 28, 2024, in the Red Sea region, severely impacting internet communication between Eurasia. Affected Cables and Regions: Four submarine cables were affected,...
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Unlocking Growth: High-Voltage Cable Market Insights for 2024 and Beyond Industry Trends

Unlocking Growth: High-Voltage Cable Market Insights for 2024 and Beyond

According to the latest report released by the international market research firm ASD Reports, the global demand for high-voltage cables is expected to reach $52 billion by 2024, with a compound annual growth rate of approximately 6.3% during the period. Power Cable High-Voltage Cable High-voltage cables are crucial components in modern power systems, facilitating the transmission of electricity over long distances with minimal loss. They play a vital role in various applications, including industrial, commercial, and residential sectors. The high-voltage cable market is segmented based on application environments, including underground, overhead, and submarine installations. The increasing pace of industrialization and...
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