Rising Bandwidth Demand Putting the Global Submarine Cables Market in Overdrive
Global Submarine Optical Fiber Cables Market to Reach $32.7 Billion by 2027
Amid the COVID-19 crisis, the global market for Submarine Optical Fiber Cables estimated at US$14.1 Billion in the year 2020, is projected to reach a revised size of US$32.7 Billion by 2027, growing at a CAGR of 12.8% over the period 2020-2027.The U.S. Market is Estimated at $4.2 Billion, While China is Forecast to Grow at 12.3% CAGR
The Submarine Optical Fiber Cables market in the U.S. is estimated at US$4.2 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$5.7 Billion by the year 2027 trailing a CAGR of 12.3% over the period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.3% and 10.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.4% CAGR.Select Competitors (Total 123 Featured)
- Alcatel-Lucent Submarine Networks SAS
- Ciena Corporation
- Fujitsu Limited
- HMN Technologies Co., Ltd.
- Infinera Corporation
- Kokusai Cable Ship Co., Ltd.
- LS Cable & System, Ltd.
- Mitsubishi Electric Corporation
- NEC Corporation
- Norddeutsche Seekabelwerke GmbH
- NTT World Engineering Marine Corporation
- Orange Marine
- S. B. Submarine Systems Co., Ltd.
- Seaborn Networks LLC
- SubCom, LLC
- Xtera, Inc.
What's New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to a digital archives and Research Platform
- Complimentary updates for one year
Frequently Asked Questions about the Global Market for Submarine Optical Fiber Cables
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Report Attribute | Details |
---|---|
No. of Pages | 360 |
Published | October 2022 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 14.1 Billion |
Forecasted Market Value ( USD | $ 32.7 Billion |
Compound Annual Growth Rate | 12.8% |
Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSIS
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
AMERICAS
INTRA-ASIA
TRANSATLANTIC
TRANSPACIFIC
IV. COMPETITION
Companies Mentioned
A selection of companies mentioned in this report includes:
- Alcatel-Lucent Submarine Networks SAS
- Ciena Corporation
- Fujitsu Limited
- HMN Technologies Co., Ltd.
- Infinera Corporation
- Kokusai Cable Ship Co., Ltd.
- LS Cable & System, Ltd.
- Mitsubishi Electric Corporation
- NEC Corporation
- Norddeutsche Seekabelwerke GmbH
- NTT World Engineering Marine Corporation
- Orange Marine
- S. B. Submarine Systems Co., Ltd.
- Seaborn Networks LLC
- SubCom, LLC
- Xtera, Inc.