Market Overview:
The global submarine fiber optics market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high-speed internet and rising number of data centers across the globe. Additionally, growing investments in submarine cable systems by telecom operators and governments are also contributing to the growth of the market. The submarine communications cable segment is expected to hold a major share of the global submarine fiber optics market during the forecast period. This can be attributed to its ability to provide high bandwidth and low latency services, which are essential for applications such as video streaming, online gaming, and cloud computing.
Product Definition:
A submarine fiber optic cable is a telecommunications cable laid on the ocean floor between two points, often used to connect countries or continents. The importance of submarine fiber optics is that they provide a high-capacity, reliable means of transmitting large amounts of data across long distances without relying on satellites.
Submarine Communications Cable:
Submarine communications cable is a flexible optical fiber that is used to transmit data and voice from one point to another under the sea. It has huge growth factors in offshore oil & gas industry, as it helps in communication between ships, platforms and drilling rigs. The other factor that drives its demand is growing investment for deep-sea oil exploration projects especially in Europe and North America regions.
Submarine Optical Cable:
Submarine optical cable is a communication medium used for transferring data and signals between ships and shore stations. It consists of two glass fibers running side by side under the surface of the water for a considerable distance. Optical fibers are flexible transparent cables made up of high-quality glass that allows light to pass through with very little absorption. The cable can carry video, voice, data, etc.
Application Insights:
The deep sea segment dominated the global submarine fiber optics market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for data transmission and growing use of optic technology for military purposes. Moreover, technological advancements are expected to drive the demand over the forecast period.
The shallow sea application segment is expected to witness significant growth over the forecast period owing to rising applications such as undersea cable landing stations, offshore oil & gas production, and marine research activities. Technological advancements have also paved way for optical fiber cables in shallow waters which is further driving its adoption across end-use industries such as telecom and ITU-T will further boost industry expansion during future years.
Regional Analysis:
Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional market is characterized by a large number of submarine cables that connect mainland China with other countries, such as Japan, South Korea, India, Australia and Southeast Asia. In addition to this, increasing investments in undersea fiber optic cables are also anticipated to boost industry growth across this region.
The North America regional market accounted for a significant share of revenue in 2017 owing to high demand from oil & gas exploration activities across U.S., Canada and Mexico’s offshore areas. Moreover, technological advancements related to fiber optics have led major telecom companies such as AT&T; T; Bell Canada; Telus Communications Inc.; Verizon Communications Inc.
Growth Factors:
- Increasing demand for high-speed internet and data services
- Growing number of submarine cable systems and bandwidth requirements
- Proliferation of 4G/LTE networks and the need for backhaul capacity
- Rising demand for cloud services and data center connectivity
- Emergence of new applications such as big data, Internet of Things, etc., that require high-speed connectivity
Scope Of The Report
Report Attributes
Report Details
Report Title
Submarine Fiber Optics Market Research Report
By Type
Submarine Communications Cable, Submarine Optical Cable
By Application
Deep Sea, Shallow Sea
By Companies
Alcatel Lucent, TE SubCom, NEC Group, NTT, Huawei, Infinera, Fujitsu, Ciena, Cable & Wireless, Bezeq, Alcatel Lucent
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Submarine Fiber Optics Market Report Segments:
The global Submarine Fiber Optics market is segmented on the basis of:
Types
Submarine Communications Cable, Submarine Optical Cable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Deep Sea, Shallow Sea
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alcatel Lucent
- TE SubCom
- NEC Group
- NTT
- Huawei
- Infinera
- Fujitsu
- Ciena
- Cable & Wireless
- Bezeq
- Alcatel Lucent
Highlights of The Submarine Fiber Optics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Submarine Communications Cable
- Submarine Optical Cable
- By Application:
- Deep Sea
- Shallow Sea
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Submarine Fiber Optics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Submarine fiber optics is a technology that uses optical fibers to send data and signals underwater. These cables can be used to connect different parts of a submarine, allowing technicians to communicate with each other and control the vessel's systems.
Some of the major players in the submarine fiber optics market are Alcatel Lucent, TE SubCom, NEC Group, NTT, Huawei, Infinera, Fujitsu, Ciena, Cable & Wireless, Bezeq, Alcatel Lucent.
The submarine fiber optics market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Submarine Fiber Optics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Submarine Fiber Optics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Submarine Fiber Optics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Submarine Fiber Optics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Submarine Fiber Optics Market Size & Forecast, 2020-2028
4.5.1 Submarine Fiber Optics Market Size and Y-o-Y Growth
4.5.2 Submarine Fiber Optics Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Submarine Communications Cable
5.2.2 Submarine Optical Cable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Deep Sea
6.2.2 Shallow Sea
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Submarine Fiber Optics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Submarine Fiber Optics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Submarine Communications Cable
9.6.2 Submarine Optical Cable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Deep Sea
9.10.2 Shallow Sea
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Submarine Communications Cable
10.6.2 Submarine Optical Cable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Deep Sea
10.10.2 Shallow Sea
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Submarine Communications Cable
11.6.2 Submarine Optical Cable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Deep Sea
11.10.2 Shallow Sea
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Submarine Communications Cable
12.6.2 Submarine Optical Cable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Deep Sea
12.10.2 Shallow Sea
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Submarine Communications Cable
13.6.2 Submarine Optical Cable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Deep Sea
13.10.2 Shallow Sea
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Submarine Fiber Optics Market: Competitive Dashboard
14.2 Global Submarine Fiber Optics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alcatel Lucent
14.3.2 TE SubCom
14.3.3 NEC Group
14.3.4 NTT
14.3.5 Huawei
14.3.6 Infinera
14.3.7 Fujitsu
14.3.8 Ciena
14.3.9 Cable & Wireless
14.3.10 Bezeq
14.3.11 Alcatel Lucent
