Submarine cables, fiber-optic cables laid in the ocean, carry more than 99% of intercontinental communication traffic, which makes them the invisible enablers of global connectivity. At present, there are more than 500 subsea cables in operation. Cables connecting nearby islands can be shorter than 50 miles, whereas those traversing the Pacific can reach more than 10,000 miles in length. Many of them are used to connect a single connection line across a water body, while others have multiple landing points connecting multiple countries.
NEC Corporation, S. B. Submarine Systems Co., Ltd., SubCom, LLC, NTT World Engineering Marine Corporation, and Alcatel Submarine in APAC Submarine Cable System Market
The APAC submarine cable system market is segmented based on service and application. Based on service, the APAC submarine cable system market is segmented into installation services and maintenance & upgrade services. Based on application, the APAC submarine cable system market is segmented into grid interconnection, offshore wind power, and communication segment. The grid interconnection segment is further sub-segmented into the installation services market and maintenance and upgrade services market. The offshore wind power segment is further sub-segmented into the installation services market and maintenance and upgrade services market. The communication segment is further sub-segmented into the installation services market and maintenance and upgrade services.
NEC Corporation, S. B. Submarine Systems Co., Ltd., SubCom, LLC, NTT WORLD ENGINEERING MARINE CORPORATION, and Alcatel Submarine are some of the key market players operating in the APAC submarine cable system market. The listing of key players is derived by considering multiple factors such as overall revenue, current APAC submarine cable system product portfolio, geographical reach, new product launches, market initiatives, and investment in technology up-gradation, partnerships, and other market-related activities. In addition to these players, there are several other important players operating in the APAC submarine cable system ecosystems which were studies analyzed during the course of this market research study, such as , HMN Technologies Co., Ltd., SubCom, LLC, OMS Group Sdn Bhd., PT LIMIN MARINE & OFFSHORE, Dagang NeXchange Berhad, and Kokusai Cable Ship Co., Ltd. Most of the market initiatives were observed in, the APAC region, which has a high potential for market-related products, solutions, and services. A Few of the important market initiatives from the industry are mentioned below:
| Year | Development | Region |
| 2022 | Submarine cable installation and maintenance solutions, welcomed their latest fleet addition, cs Fu Tai, to Shanghai. The vessel has berthed at SBSS’s Wujing cable depot on the Huangpu River and will shortly assume international telecom cable maintenance duties in Asia. | APAC |
| 2022 | SubCom and the SEA-ME-WE 6 has a contract is in force and implementation has commenced for the supply and installation of a new 19,200 km undersea cable system connecting South East Asia, the Middle East, and Western Europe at 12 locations from Singapore to France. | APAC |
