Submarine Fiber Cable Market Size to Grow by USD 3.86 Bn at a CAGR of 11.04%| Investments Source Segment is expected to witness lucrative growth | Technavio

NEW YORK, May 27, 2022 /PRNewswire/ -- The Submarine Fiber Cable Market size is expected to grow by USD 3.86 billion with a YOY growth of 7.96% during the forecast period. The rapid developments in telecommunication networks is notably driving the submarine fiber cable market growth.

The report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Request Latest Sample Report.

This market research report extensively covers Submarine Fiber Cable Market segmentations by the following:

  • Investment source- Consortia, private enterprises, and governments and development banks
    • The investment source segment's submarine fiber cable market share will expand significantly. Increased investments in consortiums will result in more submarine cable projects, potentially increasing the market in focus throughout the projection period.
  • Geography - North America, Europe, APAC, Middle East and Africa, and South America
    • APAC will account for 53 percent of market growth. The submarine fiber cable market in APAC is dominated by China, Japan, and India. The market in this region will increase at a quicker rate than the market in other regions. Over the forecast period, fast advancements in telecommunication networks will aid the growth of the submarine fiber cable market in APAC.

Get more insights into this market's growth with a detailed analysis of the top regions, View our Sample Report! 

Submarine Fiber Cable Market Dynamics

Market Driver

One of the primary drivers of the submarine fiber optic cable market is the rapid development of telecommunications networks. A telecommunications network is a collection of nodes and links that enable communication between end devices. The telecommunications network is an important part of the submarine cable business.

Market Trend

One of the major trends in the submarine fiber optic cable industry that leads to market growth is increased investment in 400G submarine cable networks. With a substantial increase in 100G cables in 2013, exponential growth in internet traffic and technological developments are due to adjusting to increasing demand, which leads to increased need for higher bandwidth.

Market Challenge

One of the challenges impeding the growth of the undersea fiber cable industry is fiber damage caused by human activities and fish attacks. Underwater fiber cables can be cut, and it can also happen as a result of activities such as the laying of new cables, power projects, and oil exploration by offshore or deepwater rigs. This can cause fiber cable damage.

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Submarine Fiber Cable Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 11.04%

Market growth 2021-2025

USD 3.86 billion

Market structure

Fragmented

YoY growth (%)

7.96

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 53%

Key consumer countries

China, US, Japan, India, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Corning Inc., Hexatronic Group AB, Huawei Investment and Holding Co. Ltd., Jiangsu Zhongtian Technology Co. Ltd., LS Cable and System Ltd., NEC Corp., Nokia Corp., Prysmian Spa, SSG cable group, and SubCom LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Submarine Fiber Cable Market Segmentation

  • Investment Source
    • Consortia
    • Private Enterprises
    • Government and development banks
  • Geography
    • APAC
    • Europe
    • North America
    • MEA
    • South America

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Submarine Fiber Cable Market Vendor

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.   

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

  • Corning Inc.
  • Hexatronic Group AB
  • Huawei Investment and Holding Co. Ltd.
  • Jiangsu Zhongtian Technology Co. Ltd.
  • LS Cable and System Ltd.
  • NEC Corp.
  • Nokia Corp.
  • Prysmian Spa
  • SSG cable group
  • SubCom LLC

Find out the top market vendors, their competition and how they excel in the Submarine Fiber Cable Market in our latest Sample Report. Download our Detailed Sample Report. 

Product Insights and News

  • NEC Corp.- the company, NEC X, and Alchemist Accelerator announced a joint partnership between NEC X and Alchemist to provide technology startups with end-to-end support, including NEC R&D technologies and business launch coordination.
  • Nokia Corp. - the company partnered with EDC to advance Canada's 5G contributions.
  • Prysmian Spa.- the company entered into a partnership with Hardt Global Mobility in a program that aims to make Hyperloop into a sustainable, high-speed pan-European cargo and passenger transport network that will help Europe meet its zero-carbon goals by 2050.

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Table of Contents

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis: Electrical components and equipment

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 - 2025
    • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
    • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

  • 4.1 Five forces analysis
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by Investment source

  • 5.1 Market segments
    • Exhibit 15: Investment source - Market share 2020-2025 (%)
  • 5.2 Comparison by Investment source
    • Exhibit 16: Comparison by Investment source
  • 5.3 Consortia - Market size and forecast 2020-2025
    • Exhibit 17: Consortia - Market size and forecast 2020-2025 ($ million)
    • Exhibit 18: Consortia - Year-over-year growth 2020-2025 (%)
  • 5.4 Private enterprises - Market size and forecast 2020-2025
    • Exhibit 19: Private enterprises - Market size and forecast 2020-2025 ($ million)
    • Exhibit 20: Private enterprises - Year-over-year growth 2020-2025 (%)
  • 5.5 Governments and development banks - Market size and forecast 2020-2025
    • Exhibit 21: Governments and development banks - Market size and forecast 2020-2025 ($ million)
    • Exhibit 22: Governments and development banks - Year-over-year growth 2020-2025 (%)
  • 5.6 Market opportunity by Investment source
    • Exhibit 23: Market opportunity by Investment source

6 Customer landscape

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 25: Market share by geography 2020-2025 (%)
  • 7.2 Geographic comparison
    • Exhibit 26: Geographic comparison
  • 7.3 APAC - Market size and forecast 2020-2025
    • Exhibit 27: APAC - Market size and forecast 2020-2025 ($ million)
    • Exhibit 28: APAC - Year-over-year growth 2020-2025 (%)
  • 7.4 Europe - Market size and forecast 2020-2025
    • Exhibit 29: Europe - Market size and forecast 2020-2025 ($ million)
    • Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)
  • 7.5 North America - Market size and forecast 2020-2025
    • Exhibit 31: North America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 32: North America - Year-over-year growth 2020-2025 (%)
  • 7.6 MEA - Market size and forecast 2020-2025
    • Exhibit 33: MEA - Market size and forecast 2020-2025 ($ million)
    • Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
  • 7.7 South America - Market size and forecast 2020-2025
    • Exhibit 35: South America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 36: South America - Year-over-year growth 2020-2025 (%)
  • 7.8 Key leading countries
    • Exhibit 37: Key leading countries
  • 7.9 Market opportunity by geography
    • Exhibit 38: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
    • Exhibit 39: Impact of drivers and challenges
  • 8.3 Market trends

9 Vendor Landscape

  • 9.1 Overview
    • Exhibit 40: Vendor landscape
  • 9.2 Landscape disruption
    • Exhibit 41: Landscape disruption
    • Exhibit 42: Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 43: Vendors covered
  • 10.2 Market positioning of vendors
  • 10.3 Corning Inc.
    • Exhibit 45: Corning Inc. - Overview
    • Exhibit 46: Corning Inc. - Business segments
    • Exhibit 47: Corning Inc. - Key offerings
    • Exhibit 48: Corning Inc. - Segment focus
  • 10.4 Hexatronic Group AB
    • Exhibit 49: Hexatronic Group AB - Overview
    • Exhibit 50: Hexatronic Group AB - Business segments
    • Exhibit 51: Hexatronic Group AB - Key offerings
    • Exhibit 52: Hexatronic Group AB - Segment focus
  • 10.5 Huawei Investment and Holding Co. Ltd.
    • Exhibit 53: Huawei Investment and Holding Co. Ltd. - Overview
    • Exhibit 54: Huawei Investment and Holding Co. Ltd. - Business segments
    • Exhibit 55: Huawei Investment and Holding Co. Ltd. - Key offerings
    • Exhibit 56: Huawei Investment and Holding Co. Ltd. - Segment focus
  • 10.6 Jiangsu Zhongtian Technology Co. Ltd.
    • Exhibit 57: Jiangsu Zhongtian Technology Co. Ltd. - Overview
    • Exhibit 58: Jiangsu Zhongtian Technology Co. Ltd. - Product and service
    • Exhibit 59: Jiangsu Zhongtian Technology Co. Ltd. - Key offerings
  • 10.7 LS Cable and System Ltd.
    • Exhibit 60: LS Cable and System Ltd. - Overview
    • Exhibit 61: LS Cable and System Ltd. - Product and service
    • Exhibit 62: LS Cable and System Ltd. - Key offerings
  • 10.8 NEC Corp.
    • Exhibit 63: NEC Corp. - Overview
    • Exhibit 64: NEC Corp. - Business segments
    • Exhibit 65: NEC Corp. - Key news
    • Exhibit 66: NEC Corp. - Key offerings
    • Exhibit 67: NEC Corp. - Segment focus
  • 10.9 Nokia Corp.
    • Exhibit 68: Nokia Corp. - Overview
    • Exhibit 69: Nokia Corp. - Business segments
    • Exhibit 70: Nokia Corp. - Key news
    • Exhibit 71: Nokia Corp. - Key offerings
    • Exhibit 72: Nokia Corp. - Segment focus
  • 10.10 Prysmian Spa
    • Exhibit 73: Prysmian Spa - Overview
    • Exhibit 74: Prysmian Spa - Business segments
    • Exhibit 75: Prysmian Spa - Key news
    • Exhibit 76: Prysmian Spa - Key offerings
    • Exhibit 77: Prysmian Spa - Segment focus
  • 10.11 SSG cable group
    • Exhibit 78: SSG cable group - Overview
    • Exhibit 79: SSG cable group - Product and service
    • Exhibit 80: SSG cable group - Key offerings
  • 10.12 SubCom LLC
    • Exhibit 81: SubCom LLC - Overview
    • Exhibit 82: SubCom LLC - Product and service
    • Exhibit 83: SubCom LLC- Key news
    • Exhibit 84: SubCom LLC - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Currency conversion rates for US$
    • Exhibit 85: Currency conversion rates for US$
  • 11.3 Research methodology
    • Exhibit 86: Research Methodology
    • Exhibit 87: Validation techniques employed for market sizing
    • Exhibit 88: Information sources
  • 11.4 List of abbreviations
    • Exhibit 89: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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