Submarine Fiber Cable Market by Investment Source and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR44852
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The submarine fiber cable market size is expected to grow by USD 3.86 billion and record a CAGR of 11.04% during 2021-2025.

This post-pandemic submarine fiber cable market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this submarine fiber cable market analysis report, key drivers such as rapid developments in telecommunication networks have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as fiber damage caused by human activities and fish attacks, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Submarine Fiber Cable Market Size be in 2021?

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Who are the Key Vendors in the Submarine Fiber Cable Market?

The submarine fiber cable market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • Corning Inc.
  • Hexatronic Group AB
  • Huawei Investment and Holding Co. Ltd.
  • Jiangsu Zhongtian Technology Co. Ltd.
  • LS Cable and System Ltd.
  • NEC Corp.
  • Nokia Corp.
  • Prysmian Spa
  • SSG cable group
  • SubCom LLC

 

Our analysts have extensively outlined successful business strategies deployed by the key vendors in this market research report. The submarine fiber cable market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

This submarine fiber cable market report further entails segmentation by investment source (consortia, private enterprises, and governments and development banks) and geography (APAC, Europe, North America, MEA, and South America). The available actionable insights on the segmentations, in this report, will enable a better understanding of the target audience and changing demand patterns.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. The submarine fiber cable market further offers well-structured marketing strategies to overcome the negative post-COVID-19 impact, if any, on each product and service segment.

Which are the Key Regional Markets for Submarine Fiber Cable Market?

Submarine-Fiber-Cable-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis of the geographical composition of the market. APAC will record a fast growth rate during 2021-2025, owing to which the region should offer several growth opportunities to market vendors. From the statistical study of the geographic landscape, you can interpret and understand the competitive intelligence and regional opportunities in store for vendors for 2021-2025.

53% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for submarine fiber cable in the region. This report provides estimations of the contribution of all regions to the growth of the submarine fiber cable market size.

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What are the Key Factors Covered in this Submarine Fiber Cable Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive submarine fiber cable market growth during the next five years
  • Precise estimation of the submarine fiber cable market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the submarine fiber cable industry across APAC, Europe, North America, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of submarine fiber cable market vendors

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Submarine Fiber Cable Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 11.04%

Market growth 2021-2025

$ 3.86 billion

Market structure

Fragmented

YoY growth (%)

7.96

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 53%

Key consumer countries

China, US, Japan, India, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Corning Inc., Hexatronic Group AB, Huawei Investment and Holding Co. Ltd., Jiangsu Zhongtian Technology Co. Ltd., LS Cable and System Ltd., NEC Corp., Nokia Corp., Prysmian Spa, SSG cable group, and SubCom LLC

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The submarine fiber cable market growth will increase by $4347.60 million during 2019-2024.
The submarine fiber cable market is expected to grow at a CAGR of 15.27% during 2019-2024.
Technavio has segmented the submarine fiber cable market by other1 (Consortia, Private enterprises, and Governments and development banks) and geographic (Europe, APAC, North America, MEA, and South America).
Alcatel Submarine Networks Ltd., Corning Inc., Hexatronic Group AB, Huawei Marine Networks Co. Ltd, Jiangsu Zhongtian Technology Co. Ltd., LS Cable & System Ltd., NEC Corp., Prysmian Spa, SSG cable group, SubCom LLC are a few of the key vendors in the submarine fiber cable market.
Europe will register the highest growth rate of 48.37% among the other regions. Therefore, the submarine fiber cable market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the submarine fiber cable market growth are:
  • Rapid developments in telecommunication networks
The submarine fiber cable market vendors should focus on grabbing business opportunities from the consortia segment as it accounted for the largest market share in the base year.
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