Business Wire News

Global Submarine Optical Fiber Cables Industry (2020 to 2027) - Key Market Trends and Drivers - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Submarine Optical Fiber Cables - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.


Amid the COVID-19 crisis, the global market for Submarine Optical Fiber Cables estimated at US$14.1 Billion in the year 2020, is projected to reach a revised size of US$32.7 Billion by 2027, growing at a CAGR of 12.8% over the period 2020-2027.

The U.S. Market is Estimated at $4.2 Billion, While China is Forecast to Grow at 12.3% CAGR

The Submarine Optical Fiber Cables market in the U.S. is estimated at US$4.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.7 Billion by the year 2027 trailing a CAGR of 12.3% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.3% and 10.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.4% CAGR.

Select Competitors (Total 104 Featured):

  • Alcatel-Lucent Submarine Networks SAS
  • Ciena Corporation
  • Fujitsu Limited
  • Huawei Marine Networks Co., Limited
  • Infinera Corporation
  • Kokusai Cable Ship Co., Ltd.
  • Mitsubishi Electric Corp.
  • NEC Corporation
  • Norddeutsche Seekabelwerke GmbH
  • NTT World Engineering Marine Corporation
  • Orange Marine
  • S. B. Submarine Systems Co., Ltd.
  • Seaborn Networks LLC
  • TE SubCom
  • Xtera Communications, Inc.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Prelude
  • Recent Market Activity
  • Submarine Cable Networks - The Lifeline of Global Communications
  • Evolution of Submarine Networks
  • Subsea Optical Fiber Networks - Past, Present, and Future
  • Outlook
  • Growth Drivers in a Nutshell
  • Repairs, Upgrades and Replacements to Drive Future Growth
  • Fiber Optics - The Preferred Transmission Medium for Undersea Applications
  • Internet's Rising Contribution to Economy: Need for Submarine Cables
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • International Bandwidth Usage Continues to Grow Exponentially
  • Growth Evenly Spread Out
  • Opportunity Indicators:
  • Internet Traffic on the Rise
  • Rise in IP-enabled Devices Necessitates Bandwidth Capacity Expansion
  • Growth in Internet Video to Trigger Use of Submarine Cable Systems
  • Mobile Videos Streaming Gathers Steam
  • Impact of Economic Uncertainties on Submarine Cables Market
  • Emerging Markets Offer World of Possibilities
  • Submarine Cable Companies Focus on Unserved Routes
  • Lack of New Submarine Cable System Installations: A Cause of Concern?
  • Upgrades Find Favor over New Subsea Network Installations
  • Financing Structure of Submarine Cable Systems
  • Paradigm Shift in Ownership
  • New Cable Projects Witness Turnaround in 2016
  • Unconventional Applications Provide Growth Opportunities
  • Creating Mesh Networks for Greater Reliability and Faster Connectivity
  • Low Latency of Cable Systems: Sought After among Electronic Trading Companies
  • Technology Advances Promise Faster Undersea Transmissions
  • Service Providers Focus on Improving Flexibility of Submarine Cable Networks
  • Subsea Cables Encounter Challenges due to Big Data
  • Submarine Cables: At Risk from Snooping, Natural Disasters & Financial Crisis
  • Network Sabotage a Real Threat
  • Congestion, Political Feuds Push Subsea Cable Companies to Seek Alternate Routes
  • Upgrade Suppliers Gaining Prominence
  • Change in Competitive Dynamics
  • SLTE Market Slowdown Affects Vendor Margins

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/9zkybb


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900


Read Article On Business Wire


Author:This email address is being protected from spambots. You need JavaScript enabled to view it.
Offshore Source Logo

Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.

Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.

Corporate Offices

Technology Systems Corporation
8502 SW Kansas Ave
Stuart, FL 34997

info@tscpublishing.com