Submarine Optical Fiber Cables - Global Strategic Business Report

Report
360 Pages
March 2024
Region: Global
Global Industry Analysts, Inc
ID: 2666991

Rising Bandwidth Demand Putting the Global Submarine Cables Market in Overdrive

The global market for Submarine Optical Fiber Cables is estimated at US$20.6 Billion in 2023 and is projected to reach US$48 Billion by 2030, growing at a CAGR of 11.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

Regional Analysis: Gain insights into the U.S. market, estimated at $6.3 Billion in 2023, and China, forecasted to grow at an impressive 10.8% CAGR to reach $8.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

Detailed Market Analysis: Access a thorough analysis of the Global Submarine Optical Fiber Cables Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Submarine Optical Fiber Cables Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

How is the Global Submarine Optical Fiber Cables Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?

Report Features:

Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as ABB Ltd., Bharti Airtel Ltd., Corning, Inc., and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 123 Featured):

ABB Ltd.
Bharti Airtel Ltd.
Corning, Inc.
Ciena Corporation
Amphenol Corporation
Chunghwa Telecom Co., Ltd.
Belden, Inc.
China Unicom Global Limited
AFL
Antel
Dialog Axiata PLC
Bezeq International Ltd.
BPP-Cables
Broadband Infraco SOC Ltd.
Cortland Co., Inc.

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Economic Update
Submarine Optical Fiber Cables - Global Key Competitors Percentage Market Share in 2023 (E)
An Introduction to Submarine Optical Fiber Cables
Historical Evolution of Submarine Communication Cables
Basic Structure of Submarine Communication Cable
Ownership Structure in Submarine Cable Industry
Submarine Cable Networks: The Lifeline of Global Communications
Global Market Prospects & Outlook
Global Submarine Telecom Cable System Capacity: An Overview
Global Addition of Planned Submarine Optic Fiber Cable System by Region (in %) for the Period 2021-2026
Multiple Ownership of Submarine Telecom Cable Systems on the Rise
A Glance at Recent Submarine Telecom Cable Systems
Submarine Fiber Optic Cable Between Australia and Antarctica to Offer Reliable Communication Service
Enhancements to MAREA Creates Record Capacity and Data Rates
Competitive Landscape
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Fiber Optics: The Preferred Transmission Mode in Undersea Applications
Submarine Cabling Emerges to Address Data Transmission Needs
Rise in Digital Services Usage Necessitates Maintenance of Subsea Optical Fiber Cables
Digital Transformation Accelerates Demand for Tools to Safeguard Enterprise Data: Global Digital Transformation Spending (In US$ Billion) for 2017-2023
Global Digital Data Created (In Zettabytes) for the Years 2015, 2020, 2025, and 2030
Internet’s Rising Contribution to Economy Fuels Need for Submarine Communication Cable Systems
Growing Demand for High Bandwidth Applications Bodes Well for the Market
Submarine Cable Systems to Benefit from the Rise in Internet-enabled Devices Resultant Need for Bandwidth Capacity Expansion
Global Mobile Data Traffic (Million Terabytes/Month) for the Period 2020-2027
Breakdown of Network Latency (in Milliseconds) by Network Type
Rising Penetration of Smartphones Drives Growth of Mobile Network Traffic
Global Mobile Data Traffic Per Smartphone (in GB per Month) by Region/Country for 2019 and 2025
5G to Further Enhance Mobile Internet Traffic
Global Smartphone Subscription Breakdown by Technology for 2019 and 2025
Surge in Internet Video Consumption to Trigger Deployment of Undersea Optical Fiber Cable Systems
Rising Popularity of OTT Services Bodes Well for Market Prospects: Global Number of OTT Video Users (In Million) for the Years 2019, 2021, 2023 & 2025
Content Providers Emerge as Major Drivers of Growth in Submarine Cable System Development
Content Providers-driven Submarine Telecom Cable Systems as % of Total Cable Systems for 2016, 2018, 2020, and 2021-2023
Data Center Providers Fuel Need for Submarine Telecom Cable Systems
Demand for Data Centers Surge as Remote Working Becomes the New Normal
Subsea Cable Systems Become Attractive for Hyperscalers and Telecom Operators
Hyperscalers Make Increased Investments into Submarine Cables
Shift towards Cloud-based Services and Applications Enhance Bandwidth & Capacity, Necessitating Undersea Cable Systems
Key Benefits Driving Adoption of Cloud Services of Large, Medium and Small Businesses
Rising Deployment of Submarine Optic Fiber Cables in the Oil & Gas Industry
Infrastructure Revamp Propels Demand for Submarine Communications Cable System
Unconventional Applications Provide Growth Opportunities
Creating Mesh Networks for Greater Reliability and Faster Connectivity
Service Providers Focus on Improving Flexibility of Submarine Cable Networks
Sustainable Submarine Cable Networks Gain Importance
Technology Advancements Promise Faster Undersea Transmissions
SDM: A High Potential Technology for Augmenting Cable Capacity
Caltech Researchers Study Submarine Cables to Sense Oceanic Earthquakes
Role of AI in Submarine Telecom Cable Systems
Infinera and Seaborn Networks Introduce Novel Submarine Network Services
Satellite Communications Present Challenges to Submarine Cable Fiber Optic Systems
Lack of New Submarine Cable System Installations: Repairs & Upgrades to Provide Growth Opportunities
Submarine Cables At Risk from Snooping and Natural Disasters
Measures to Safeguard Submarine Fiber Optic Cables
Undersea Cables Face Risk from Spy Submarines
Natural Disasters Present Threat to Undersea Cable Systems
Congestion, Political Feuds Push Subsea Cable Companies to Seek Alternate Routes

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Recent Past, Current & Future Analysis for Submarine Optical Fiber Cables by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Spending in US$ Million for Years 2023 through 2030 and % CAGR
Table 2: World 7-Year Perspective for Submarine Optical Fiber Cables by Geographic Region - Percentage Breakdown of Value Spending for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2024 & 2030
World 15-Year Perspective for Submarine Optical Fiber Cables by Geographic Region - Percentage Breakdown of Spending for Americas, Intra-Asia, Transatlantic and Transpacific Markets for Years 2015, 2021 & 2027
Table 3: World Submarine Optical Fiber Cables Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030

III. MARKET ANALYSIS

AMERICAS
Submarine Optical Fiber Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
United States
Need for Faster Internet Connectivity and Expanding Fiber Optic Networks Fuel Market Growth
US Government Tightens Control on Undersea Cable Services and Systems
Latin America
Table 4: USA Recent Past, Current & Future Analysis for Submarine Optical Fiber Cables by Segment - Submarine Optical Fiber Cables - Independent Analysis of Annual Spending in US$ Million for the Years 2023 through 2030 and % CAGR
Americas Historic Review for Submarine Optical Fiber Cables - Analysis of Annual Spending in US$ Million for Years 2015 through 2019 and % CAGR
INTRA-ASIA
Asia-Pacific: Internet-based Services Spur Investments in Submarine Communication Systems
Australia
High Cost of Internet Data Transmission over Submarine Cables
Creating Mesh Networks for Greater Reliability and Faster Connectivity
India
Market Overview
Submarine Cables Market on Expansion Mode
New Submarine Optical Fiber System to Provide High-Speed Broadband to Lakshadweep
Reliance Jio Announces Largest Submarine Cable Project
Table 5: Canada Recent Past, Current & Future Analysis for Submarine Optical Fiber Cables by Segment - Submarine Optical Fiber Cables - Independent Analysis of Annual Spending in US$ Million for the Years 2023 through 2030 and % CAGR
Intra-Asia Historic Review for Submarine Optical Fiber Cables - Analysis of Annual Spending in US$ Million for Years 2015 through 2019 and % CAGR
TRANSATLANTIC
Submarine Optical Fiber Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
Table 6: Japan Recent Past, Current & Future Analysis for Submarine Optical Fiber Cables by Segment - Submarine Optical Fiber Cables - Independent Analysis of Annual Spending in US$ Million for the Years 2023 through 2030 and % CAGR
Transatlantic Historic Review for Submarine Optical Fiber Cables - Analysis of Annual Spending in US$ Million for Years 2015 through 2019 and % CAGR
TRANSPACIFIC
Submarine Optical Fiber Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
Table 7: China Recent Past, Current & Future Analysis for Submarine Optical Fiber Cables by Segment - Submarine Optical Fiber Cables - Independent Analysis of Annual Spending in US$ Million for the Years 2023 through 2030 and % CAGR
Transpacific Historic Review for Submarine Optical Fiber Cables - Analysis of Annual Spending in US$ Million for Years 2015 through 2019 and % CAGR

EUROPE

Submarine Optical Fiber Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
Table 8: Europe Recent Past, Current & Future Analysis for Submarine Optical Fiber Cables by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Spending in US$ Million for Years 2023 through 2030 and % CAGR
Table 9: Europe 7-Year Perspective for Submarine Optical Fiber Cables by Geographic Region - Percentage Breakdown of Value Spending for France, Germany, Italy, UK and Rest of Europe Markets for Years 2024 & 2030

FRANCE

Submarine Optical Fiber Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
Table 10: France Recent Past, Current & Future Analysis for Submarine Optical Fiber Cables by Segment - Submarine Optical Fiber Cables - Independent Analysis of Annual Spending in US$ Million for the Years 2023 through 2030 and % CAGR

GERMANY

Submarine Optical Fiber Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
Table 11: Germany Recent Past, Current & Future Analysis for Submarine Optical Fiber Cables by Segment - Submarine Optical Fiber Cables - Independent Analysis of Annual Spending in US$ Million for the Years 2023 through 2030 and % CAGR

ITALY

Table 12: Italy Recent Past, Current & Future Analysis for Submarine Optical Fiber Cables by Segment - Submarine Optical Fiber Cables - Independent Analysis of Annual Spending in US$ Million for the Years 2023 through 2030 and % CAGR

UNITED KINGDOM

Submarine Optical Fiber Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
Table 13: UK Recent Past, Current & Future Analysis for Submarine Optical Fiber Cables by Segment - Submarine Optical Fiber Cables - Independent Analysis of Annual Spending in US$ Million for the Years 2023 through 2030 and % CAGR

REST OF EUROPE

Table 14: Rest of Europe Recent Past, Current & Future Analysis for Submarine Optical Fiber Cables by Segment - Submarine Optical Fiber Cables - Independent Analysis of Annual Spending in US$ Million for the Years 2023 through 2030 and % CAGR

ASIA-PACIFIC

Submarine Optical Fiber Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
Table 15: Asia-Pacific Recent Past, Current & Future Analysis for Submarine Optical Fiber Cables by Segment - Submarine Optical Fiber Cables - Independent Analysis of Annual Spending in US$ Million for the Years 2023 through 2030 and % CAGR

REST OF WORLD

Table 16: Rest of World Recent Past, Current & Future Analysis for Submarine Optical Fiber Cables by Segment - Submarine Optical Fiber Cables - Independent Analysis of Annual Spending in US$ Million for the Years 2023 through 2030 and % CAGR

IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

ABB Ltd.
Bharti Airtel Ltd.
Corning, Inc.
Ciena Corporation
Amphenol Corporation
Chunghwa Telecom Co., Ltd.
Belden, Inc.
China Unicom Global Limited
AFL
Antel
Dialog Axiata PLC
Bezeq International Ltd.
BPP-Cables
Broadband Infraco SOC Ltd.
Cortland Co., Inc.

Table Information

Report Attribute	Details
No. of Pages	360
Published	March 2024
Forecast Period	2023 - 2030
Estimated Market Value ( USD ) in 2023	$ 20.6 Billion
Forecasted Market Value ( USD ) by 2030	$ 48 Billion
Compound Annual Growth Rate	11.1%
Regions Covered	Global

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Key Insights:

Why You Should Buy This Report:

Key Questions Answered:

Report Features:

Select Competitors (Total 123 Featured):

MarketGlass Platform

Table of Contents

Companies Mentioned (Partial List)

Table Information

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