Global Submarine Fiber Cable Market to grow at a CAGR of 5.75% during the period 2016 - 2020; Finds New Report

Report forecast the global submarine fiber cable market to grow at a CAGR of 5.75% during the period 2016-2020.

A submarine fiber cable with high-capacity communication capability is an essential wireline communication medium between two continents, countries, or islands. Most submarine fibers use the optical amplification technology to carry high-speed data traffic across regions. The length of the submarine fiber cable varies over a distance of few kilometers to more than 35,000 km.

Most submarine fiber cable projects take several months or years for completion. At present, most submarine fiber cables have a capacity of 10-40 Gbps. The adoption of 100 Gbps high-speed submarine fiber cables started only after 2010. Owing to their high-speed capacity, these fiber cables carry a huge amount of data traffic every day. In 2015, more than 97% of global data traffic was carried through submarine fiber cables, with the remaining 3% carried through satellite systems.

The report covers the present scenario and the growth prospects of the global submarine fiber cable market for 2016-2020. To calculate the market size, the report considers the following aspects:

• Construction and deployment cost of new projects
• Construction and deployment costs
• Upgrade projects

The market is divided into the following segments based on geography:

• Americas
• Australasia
• EMEA
• India Ocean Pan-East Asia
• Transatlantic
• Transpacific

According to the report, a key growth driver for this market is the growth in bandwidth. The penetration of Internet in Africa is less compared to other regions in the world. Africa accounted for an Internet penetration of 29.52%, whereas the ROW registered nearly 50% penetration in 2015. This is a clear indicator that there is significant scope for expansion of telecommunications in the continent. With growing number of businesses in Africa, the demand for Internet connectivity is bound to rise. In order to capture this market potential, telecom operators and ISPs need to offer products that can meet user requirements such as reliable network and increased bandwidth.

Further, the report states that one challenge that could restrict market growth is the delay in project financing and maintenance activities.

Global Submarine Fiber Cable Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global submarine fiber cable market: Alcatel-Lucent, Fujitsu, Huawei Marine Networks, NEC, and TE SubCom.

Other Prominent Vendors in the market are: Ciena, E-Marine, Elettra, Global Marine Systems, Kokusai, Nexans, NSW, S.B submarine system, and Xtera Communications.

Market driver

• Growing demand for bandwidth
• For a full, detailed list, view our report

Market challenge

• Delay in project financing and maintenance activities
• For a full, detailed list, view our report

Market trend

• Increase in upgrade activities
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 91 pages and 55 Exhibit “Global Submarine Fiber Cable Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Market segmentation by project type, Market segmentation by investment, Geographical segmentation, Vendor landscape, Key vendor analysis, Appendix.

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