Global Submarine Fiber Cable Market 2024-2028

Description

List of Tables

The submarine fiber cable market is forecasted to grow by USD 5.93 bn during 2023-2028, accelerating at a CAGR of 13.02% during the forecast period. The report on the submarine fiber cable market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid developments in telecommunication networks, an increasing need for higher network bandwidth, and a growing demand for cloud-based services.

Technavio's submarine fiber cable market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	11.69%
CAGR	13.02%
Incremental Value	$5.93bn

By Source

Consortia
Private enterprises
Governments and development banks

By Service Type

Installation
Maintenance
upgrade

By Geographical Landscape

APAC
Europe
North America
Middle East and Africa
South America

This study identifies the declining installation costs of submarine fiber cable as one of the prime reasons driving the submarine fiber cable market growth during the next few years. Also, investments by MNCs in building their networks and growing offshore renewable energy installations will lead to sizable demand in the market.

The report on the submarine fiber cable market covers the following areas:

Submarine fiber cable market sizing
Submarine fiber cable market forecast
Submarine fiber cable market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading submarine fiber cable market vendors that include Cenergy Holdings SA, Corning Inc., Hengtong Group Co. Ltd., Hexatronic Group AB, HOC, Jiangsu Hengtong Au Optronics Co., Jiangsu Zhongtian Technology Co Ltd, Kflex Cables and Conductors, NEC Corp., Nexans SA, NKT AS, OCC Corp., Prysmian Spa, Qingdao Hanhe Cable Co. Ltd., Sopto Technology Co. Ltd., SSG cable group, Tratos Cavi S.p.A., and VERI CABLE IMPORT AND EXPORT Co. LTD. Also, the submarine fiber cable market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR44852

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global submarine fiber cable market 2018 - 2022
4.2 Source Segment Analysis 2018 - 2022
4.3 Service Type Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Source

6.1 Market segments
6.2 Comparison by Source
6.3 Consortia - Market size and forecast 2023-2028
6.4 Private enterprises - Market size and forecast 2023-2028
6.5 Governments and development banks - Market size and forecast 2023-2028
6.6 Market opportunity by Source

7 Market Segmentation by Service Type

7.1 Market segments
7.2 Comparison by Service Type
7.3 Installation - Market size and forecast 2023-2028
7.4 Maintenance and upgrade - Market size and forecast 2023-2028
7.5 Market opportunity by Service Type

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
9.4 Europe - Market size and forecast 2023-2028
9.5 North America - Market size and forecast 2023-2028
9.6 Middle East and Africa - Market size and forecast 2023-2028
9.7 South America - Market size and forecast 2023-2028
9.8 China - Market size and forecast 2023-2028
9.9 US - Market size and forecast 2023-2028
9.10 India - Market size and forecast 2023-2028
9.11 Japan - Market size and forecast 2023-2028
9.12 France - Market size and forecast 2023-2028
9.13 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Cenergy Holdings SA
12.4 Corning Inc.
12.5 Hengtong Group Co. Ltd.
12.6 Hexatronic Group AB
12.7 HOC
12.8 Jiangsu Hengtong Au Optronics Co.
12.9 Jiangsu Zhongtian Technology Co Ltd
12.10 NEC Corp.
12.11 Nexans SA
12.12 OCC Corp.
12.13 Prysmian Spa
12.14 Sopto Technology Co. Ltd.
12.15 SSG cable group
12.16 Tratos Cavi S.p.A.
12.17 VERI CABLE IMPORT AND EXPORT Co. LTD.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations