Submarine Cable System Market Share and Business Opportunities 2030
Submarine Cable System Market: Strategic Insights
Submarine Cable System Market
-
CAGR (2022 - 2030)11.7% -
Market Size 2022
US$ 12.58 Billion -
Market Size 2030
US$ 30.50 Billion
Market Dynamics
GROWTH DRIVERS
- Growing Installation of Subsea Cable Systems
FUTURE TRENDS
- The rise in adoption of cloud-based services
OPPORTUNITIES
- Government Initiatives and Funding to Improve Cable System Network
Key Players
- Sumitomo Electric Industries Ltd
- SubCom LLC
- Prysmian SpA
- Alcatel Submarine Networks
- Nexans SA
- NEC Corp
- Mitsubishi Electric Corp
- HMN Technologies Co Ltd
- Fujitsu Ltd
- Vodafone Group Plc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Services
- Installation Services
- Maintenance and Upgrade
Cable Capacity
- Less than 10 Tb/s
- 10–20 Tb/s
- 20–30 Tb/s
- More than 30 Tb/s
Application
- Communication and Energy & Power
Type
- Single-core and Multi-core