Understand the influence of COVID-19 on the Submarine Fiber Cable Market with our analysts monitoring the situation across the globe.
A submarine fiber cable with a high-capacity communication capability is an essential wireline communication medium between two continents, countries, or islands. Most submarine fibers use the optical amplification technology to carry high-speed data traffic across geographies. The length of the submarine fiber cable varies over a distance of few kilometers to more than 35,000 kilometers. Most submarine fiber cable projects take several months or years for completion. Currently, most submarine fiber cables have a capacity of 10-40 Gbps. However, the adoption of 100 Gbps high-speed submarine fiber cables started only after 2010. Because of their high-speed capacity, the fiber cables carry a huge amount of data traffic every day. Currently, more than 97 percent of global data traffic is carried through submarine fiber cables, with the remaining 3 percent carried through satellite systems.
One trend that is expected to boost market growth is the rise in upgrade activities. The number of systems upgraded in 2013 was 19, and it was reduced to only six in 2015. Most of the vital submarine cable systems have been already upgraded to 100G. With the 400G technology expected to hit the market by the end of 2017, the demand for upgrade activities worldwide is likely to rise in the coming years.
A key growth driver for this market is the growth in bandwidth. The penetration of Internet in Africa is less compared to other regions in the world. Africa accounted for an Internet penetration of 27%, whereas the ROW registered nearly 50% penetration in 2017. This is a clear indicator that there is significant scope for expansion of telecommunications in the continent. With growing number of businesses in Africa, the demand for Internet connectivity is bound to rise. In order to capture this market potential, telecom operators and ISPs need to offer products that can meet user requirements such as reliable network and increased bandwidth.
The Submarine Fiber Cable market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Submarine Fiber Cable.
This report presents the worldwide Submarine Fiber Cable market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Huawei Marine Networks
Submarine Fiber Cable Breakdown Data by Type
Submarine Fiber Cable Breakdown Data by Application
Light Energy Transmission
Submarine Fiber Cable Production by Region
Submarine Fiber Cable Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Submarine Fiber Cable status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Submarine Fiber Cable manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Submarine Fiber Cable :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Submarine Fiber Cable market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.