Subsea Cable Market Scope And Analysis

  • Report Code : TIPRE00033411
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Subsea Cable Market Analysis, Scope, and Growth by 2030

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Subsea Cable Market Report Subsea Cable Market Size and Share Subsea Cable Market Scope and Analysis

Subsea Cable Market Report Scope

Report Attribute Details
Market size in 2022 US$ 16.92 Billion
Market Size by 2030 US$ 34.16 Billion
Global CAGR (2022 - 2030) 9.2%
Historical Data 2020-2022
Forecast period 2022-2030
Segments Covered By Type
  • Single Core and Multi Core
By Voltage
  • Medium and High
By Offering
  • Installation Services and Maintenance & Upgrade Services
By Application
  • Communication and Power
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Nokia
  • SubCom LLC
  • NEC Corporation
  • Prysmian S p A
  • NKT A S
  • Furukawa Electric Co Ltd
  • Hengtong Group Co Ltd
  • Ciena Corporation
  • ZTT Cable

    • Key Player Analysis:

    Nokia; SubCom, LLC; NEC Corporation; Prysmian S.p.A; NKT A/S; Furukawa Electric Co., Ltd.; Hengtong Group Co., Ltd.; Ciena Corporation; ZTT Cable; and JDR Cable Systems Ltd. are among the key subsea cable market players profiled in the report.

    Recent Developments: 

    The market players are widely adopting inorganic and organic strategies. A few recent key market developments are listed below: 

    • In November 2022, Reliance Industries Limited received approval to deploy the world’s largest submarine cable connecting Singapore and Europe. The two submarine cables, India-Europe-Xpress (IEX) and India-Asia-Xpress (IAX), are expected to start operation between 2023 and 2024.
    • In December 2022, Empresa de Telecomunicaciones de Cuba S.A. signed an agreement with Orange to integrate the Arimao project with the ARCOS-1 cable system in Cojimar, Cuba. The companies are also planning to make the project ready for service by the end of 2023.
    • In October 2021, NEC Corporation announced that its subsidiary OCC Corporation collaborated with Sumitomo Electric Industries Ltd. to develop a four-crore-fiber-optic subsea cable for Facebook. This cable system increases the number of independent data channels by enabling next-generation subsea space division multiplexing (SDM) technology.