With the update of data and analysis within our Global Bandwidth Research Service comes a refreshed look at our network pricing intel.
Yes, operators are racing to keep revenue margins ahead of eroding prices, while bandwidth demand and supply continue to grow across global routes. Abundant supply and increasing competition have led to this robust price erosion throughout the global bandwidth market.
New 100 Gbps-equipped submarine cable systems and upgrades to existing networks have further lowered unit costs. And this has driven down both 10 Gbps and 100 Gbps wavelength prices. Across critical global routes, weighted median 10 Gbps and 100 Gbps prices fell an average of 14% and 23% compounded annually since 2016.