Global Submarine Optical Fiber Cables Report 2023: Market to Reach $48 Billion by 2030 - Content Providers Emerge as Major Drivers of Growth in Submarine Cable System Development


Dublin, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The "Submarine Optical Fiber Cables - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Submarine Optical Fiber Cables Market to Reach $48 Billion by 2030

The global market for Submarine Optical Fiber Cables estimated at US$18.2 Billion in the year 2022, is projected to reach a revised size of US$48 Billion by 2030, growing at a CAGR of 12.9% over the analysis period 2022-2030.



The U.S. Market is Estimated at $5.5 Billion, While China is Forecast to Grow at 12.4% CAGR

The Submarine Optical Fiber Cables market in the U.S. is estimated at US$5.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.4 Billion by the year 2030 trailing a CAGR of 12.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.5% and 10.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.2% CAGR.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Key Attributes:

Report AttributeDetails
No. of Pages360
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$18.2 Billion
Forecasted Market Value (USD) by 2030$48 Billion
Compound Annual Growth Rate12.9%
Regions CoveredGlobal

MARKET OVERVIEW

  • Need for Internet Connectivity Amidst the Pandemic Raises Significance of Submarine Cable Systems
  • 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
  • US-China Battle to Gain Control of Worldwide Internet Grid
  • Global Submarine Telecom Cable System Capacity: An Overview
  • Global Capacity of Submarine Optic Fiber Cable Systems (in Tbps) by Major Route for 2017-2021
  • Global Submarine Optic Fiber Cable System Added (in Thousand Kilometers) for 2017 and 2020
  • Global Addition of Planned Submarine Optic Fiber Cable System by Region (in %) for the Period 2021-2026
  • Average Lit Capacity Continues to Grow
  • Lit Capacity as % of Total Capacity of Submarine Optic Fiber Cable System by Route for 2015 and 2020
  • Multiple Ownership of Submarine Telecom Cable Systems on the Rise
  • Ownership of Submarine Telecom Cable Systems: Percentage Breakdown of Systems Owned by Single Owner and Multiple Owner for 2011, 2016 and 2021
  • Submarine Telecom Cable Systems' Financing Breakdown by Single Owner System, Multiple Owner System, and Multilateral Development Banks for 2021
  • 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
  • Global Submarine Telecom Cable System Installations by Major Companies (in %) for 2017-2021
  • Leading Suppliers of Submarine Telecom Cable Systems: Percentage Breakdown by Number of Systems Supplied for 2017-2021
  • Global Submarine Telecom Cable Systems Market Breakdown of KMs of Cable Produced (in %) for 2017-2021
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Recent Market Activity

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
  • 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
  • Breakdown of Network Latency (in Milliseconds) by Network Type
  • Rising Penetration of Smartphones Drives Growth of Mobile Network Traffic
  • 5G to Further Enhance Mobile Internet Traffic
  • Surge in Internet Video Consumption to Trigger Deployment of Undersea Optical Fiber Cable Systems
  • Rising Popularity of OTT Services Bodes Well for Market Prospects
  • Content Providers Emerge as Major Drivers of Growth in Submarine Cable System Development
  • Data Center Providers Fuel Need for Submarine Telecom Cable Systems
  • Surging Workloads of Data Center Workloads to Fuel Market Prospects
  • 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
  • Global Public Cloud Services Market (In US$ Billion) for 2019, 2020 and 2021
  • 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

FOCUS ON SELECT PLAYERS(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.

For more information about this report visit https://www.researchandmarkets.com/r/i2coaq

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Submarine Optical Fiber Cables Market

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