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 Attribute* *Details*
No. of Pages 360
Forecast Period 2022 - 2030
Estimated Market Value (USD) in 2022 $18.2 Billion
Forecasted Market Value (USD) by 2030 $48 Billion
Compound Annual Growth Rate 12.9%
Regions Covered Global

*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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*Attachment*

· Submarine Optical Fiber Cables Market

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