sales@fnfresearch.comTel: +91 96043 17127 | USA: 1 (347) 690-0211

Home / All latest News / Global Submarine Cable System Market

Global Submarine Cable System Market Projected to Reach USD 24.5 Billion by 2026

06-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “Submarine Cable System Market By Type (Single Core and Multicore), By Component (Dry Plant Products and Wet Plant Products), By Voltage (High Voltage and Medium Voltage), By Offering (Installation & Commissioning, Upgrades, Maintenance, and Others), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global submarine cable system market exceeded USD 11.5 Billion in 2019. The market is expected to grow at a CAGR of around 11% and is anticipated to surpass USD 24.5 Billion by 2026.

To establish an integrated network for effective communication and electrical transmission across the globe, an extensively long stretch of cables has to be laid beneath the sea surface. These waterproof cable systems, also known as submarine cable systems, are submerged & settled in the water using a special ship. The intense number of technological developments & innovations occurring across the globe are fueling the global submarine cable system market. In addition, the emerging 5G technology is anticipated to remarkably escalate the submarine cable system market and will proliferate the deployment pace of the cable systems across the globe. Submarine cable systems offer a wide range of applications for maritime transportation & GPS technology-based industries.

Request Sample Request Customization Buy Now

Browse the full “Submarine Cable System Market By Type (Single Core and Multicore), By Component (Dry Plant Products and Wet Plant Products), By Voltage (High Voltage and Medium Voltage), By Offering (Installation & Commissioning, Upgrades, Maintenance, and Others), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/global-submarine-cable-system-market-by-type-single-673

The “installation and commissioning” category under offering segment to hold maximum share submarine cable system market during 2020–2026

Owing to the phenomenal emergence of 5G technology and heavy Internet traffic due to the extensive data usage in the Asia Pacific region, there is a huge need for increasing the bandwidth of network signals. Therefore, the installation pace of submarine cable networks is likely to spur across the region, which in turn, will propel the submarine cable system market. Alongside this, the industry in the Middle East & Africa witnesses a substantial growth in the coming years owing to the expanding cloud market across the region.

The “high voltage power cable systems” segment to attain the dominating position in the global submarine power cable market during the study timeframe

The upcoming technological advancements, the rising demand & transmission of renewable energy generated at offshore plants, and the surging need for interconnectivity are fueling the demand for high voltage cable systems, thereby flourishing the particular segment of the market.

Some of the key players driving the global submarine cable system market are Saudi Ericsson, Hesfibel, SubCom, JDR Cable, TF Kable, Prysmian, ZTT, Google, NEC, NKT, Hexatronic Cables & Interconnect Systems, Nexans, Hengtong, Okonite, Alcatel-Lucent, and Cablel Group, among others.

This report segments the global submarine cable system market as follows:

Global Submarine Cable System Market: Type Segmentation Analysis

  • Single Core
  • Multicore

Global Submarine Cable System Market: Component Segmentation Analysis

  • Dry Plant Products
  • Wet Plant Products

Global Submarine Cable System Market: Voltage Segmentation Analysis

  • High Voltage
  • Medium Voltage

Global Submarine Cable System Market: Offering Segmentation Analysis

  • Installation & Commissioning
  • Upgrades
  • Maintenance
  • Others

Global Submarine Cable System Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

Facts & Factors

Global Headquarters

Level 8, International Finance Center, Tower 2,
8 Century Avenue, Shanghai,
Postal - 200120, China
Tel: +86 21 80360450

Email: sales@fnfresearch.com

Web: https://www.fnfresearch.com

Latest Added Market Report

Virtual Communication Market By Application (Audio Conferencing, Video Conferencing, Web Conferencing, and Multimedia Conferencing), By Deployment Type (On-Premise, and Cloud-Based), By Component (Hardware, and Software), By End-User (BFSI, IT & Telecommunications, Healthcare, Education, and Others), By Organization Size (SME’s, and Large Scale Enterprise), By Services (Integration and Implementation, Training and Education, Support and Maintenance, Managed Services): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026

[215+ Pages Report] As per the Facts and Factors market research report, the globalvirtual communication market generated sales revenue of USD 7.50 Billion in 2020. Further, the virtual communication sales are expected to generate revenue of USD 10.55 Billion by the end of 2026, increasing at a CAGR of around 5.85% from 2021 to 2026. Global Virtual Communication Market: Overview Todays coordination necessitates overcoming time and space constraints, allowing for efficient real-time contact

Published Date : 28-Sep-2021 | | Category : Technology & Media | Pages : 215 | Format : Read more

Team Collaboration Software Market By Software Type (Communication, Conferencing, and Coordination), By Deployment Mode (Cloud-based and On-Premise based), By Enterprise Size (Small and Medium Enterprise (SMEs), and Large Enterprise), By End-User (Banking, Financial Services and Insurance (BFSI), IT and Telecommunications, Manufacturing, Retail and Consumer Goods, Healthcare, Transportation and Logistics, Education, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026

[197+ Pages Report] As per the Facts and Factors market research report, the globalteam collaboration software market generated sales revenue of USD 11.2 Billion in 2020. Further, the team collaboration software sales are expected to generate revenue of USD 23.5 Billion by the end of 2026, increasing at a CAGR of around 13.14% from 2021 to 2026. Global Team Collaboration Software Market: Overview Many businesses have adopted distributed workforces as the new standard, prompting businesses

Published Date : 28-Sep-2021 | | Category : Technology & Media | Pages : 197 | Format : Read more

Smart Mobility Market By Transport Sector (Electric Cars, Electric Buses, Autonomous Vehicles), By Technology (3G/4G, WI-FI, GPS, RFID, Embedded Systems), By Traffic Management (Intelligent Transport System, Real Time Traffic Analysis, Traffic Prediction), By Charging Infrastructure (In-House, Public Charging Stations, E-Parking, Intermodal Mobility), By Mobility Intelligence (Smart Maps, Secured Communication, Fleet Management), By Customer Mobility (Smart Payment, Smart Parking, Ride Sharing, Robocabs): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026

[219+ Pages Report] As per the Facts and Factors market research report, the globalsmart mobility market share generated sales revenue of USD 36.20 Billion in 2020. Further, smart mobility sales are expected to generate revenue of USD 88.20 Billion by the end of 2026, increasing at a CAGR of around 16% from 2021 to 2026. Global Smart Mobility Market: Overview The world is on the brink of the fourth industrial revolution, which is expected to result in considerable advancements in the way t

Published Date : 28-Sep-2021 | | Category : Technology & Media | Pages : 219 | Format : Read more

Facts & Factors provides an array of marketing and business research solutions distinctly designed by our expertise for the clients.
Copyright © 2021 Facts & Factors. All Rights Reserved. Sitemap - Privacy Policy - Terms & Conditions