Market Overview
of Global Submarine Fiber Cable market: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.
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 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.
The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Submarine Fiber Cable market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.
For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.
As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.
Research Scope
This report provides an overview of the global Submarine Fiber Cable market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Submarine Fiber Cable and its sub-markets in an intuitive way.
Key Companies in the global Submarine Fiber Cable market covered in Chapter 3:
Huawei Marine Networks
TE SubCom
NEC
Alcatel Submarine Networks
Fujitsu
Xtera Communications
Ciena
Nexans
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)
Key Factors Considered
COVID-19
Amid the COVID-19 crisis, the Submarine Fiber Cable market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.
Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.
Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
Chapter Outline
Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.
Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.
Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.
Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.
Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.
Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.
Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.
Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.
Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.
Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2029Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.