Global Submarine Fiber Cable Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Submarine Fiber Cable Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A submarine communications cable is a cable laid on the sea bed between land-based stations to carry telecommunication signals across stretches of ocean and sea. The first submarine communications cables laid beginning in the 1850s carried telegraphy traffic, establishing the first instant telecommunications links between continents, such as the first transatlantic telegraph cable which became operational on 16 August 1858. Subsequent generations of cables carried telephone traffic, then data communications traffic. Modern cables use optical fiber technology to carry digital data, which includes telephone, Internet and private data traffic.

Market Overview:

The latest research study on the global Submarine Fiber Cable market finds that the global Submarine Fiber Cable market reached a value of USD 1414.89 million in 2022. It’s expected that the market will achieve USD 1912.41 million by 2028, exhibiting a CAGR of 5.15% during the forecast period.

Market Dynamics

In developing market, with their development of economy, the constant evolution of cloud technology, the rapid development of the communications network market and the increase in bandwidth demand for high-speed Internet services, governments, companies and institutions will increase investment in submarine cable systems, many local businesses emerged to the market, updating their technology and keep on product innovation, which increased the penetration of more cost-effective, high performance submarine fiber cable. In developed market, they have more international companies, highly market maturity, fierce competition, a highly competent management team, technology and finance advantages, keep on innovation, prominent market participants invest heavily in R&D, with introduction of new technologies to their products, all of which make a growing market demand for submarine fiber cable.

Opportunities

Improve performance Improved performance, long transmission distance and large capacity, high safety performance development trend.

Emerging countries For example, China, India and some other developing regions, they have the largest potential market in the world, with the progress of economy, and downstream development, the rapid development of the communications network market and the increase in bandwidth demand for high-speed Internet services, the market of submarine fiber cable will grow faster in the future.

Region Overview:

Middle East & Africa had the highest growth rate of all regions.

Company Overview:

Alcatel Submarine Networks is one of the major players operating in the Submarine Fiber Cable market, holding a share of 37.30% in 2018.

Alcatel Submarine Networks, Inc. provides solutions that enable service providers, enterprises, and governments to deliver voice, data, and video communication services to end-users. The company was founded in 2006 and is based in Sterling, Virginia. Alcatel Submarine Networks, Inc. operates as a subsidiary of Alcatel-Lucent Submarine Networks.

NEC Corporation engages in the integration of information technology (IT) and network technologies worldwide. It operates in four segments: Public, Enterprise, Telecom Carrier, and System Platform. The company provides systems integration services, such as systems implementation and consulting; maintenance and support services; outsourcing/cloud services; and system equipment. It also provides network infrastructure products, including core network products, mobile phone base stations, submarine systems comprising submarine cable and ocean observation systems, optical transmission systems, routers/switches, and mobile backhaul products, as well as telecom operations and management solutions.

Segmentation Overview:

Among different product types, Deep-sea Cable Total segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the New projects segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Submarine Fiber Cable market covered in Chapter 3:

Xtera Communications
Ciena
NEC
Alcatel Submarine Networks
Nexans
Fujitsu
TE SubCom
Huawei Marine Networks

In Chapter 4 and Chapter 14.2, on the basis of types, the Submarine Fiber Cable market from 2018 to 2029 is primarily split into:

Shallow-sea Cable
Deep-sea Cable

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Submarine Fiber Cable market from 2018 to 2029 covers:

New projects
Upgrade projects

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)