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The global submarine fiber optic cable market size was $2.
67 billion in 2018 and is expected to increase to $3.
66 billion by 2025, with a compound annual growth rate of 4.
0%.
According to the report, globally, the submarine fiber optic cable market is mainly driven
by the growth of deep-sea demand.
The deep sea accounts for nearly 76.
65%
of the total downstream consumption of global submarine fiber optic cables.
Submarine fiber optic cables (also known as submarine communication cables) are components similar to cables, but contain one or more optical fibers
used to carry light.
Fiber optic elements are usually individually coated with a plastic layer and contained in protective
tubes suitable for the environment in which the cables will be deployed.
Submarine cables are laid on the seabed and are used to establish inter-State and interregional telecommunications
.
At present, Alcatel-Lucent is a global leader, accounting for 26.
18%
of the global market share in 2016.
In 2016, the global submarine fiber and cable consumption market, led by Europe, was the largest regional consumer market, accounting for about 25.
53% of the market share
.
Europe, the United States, and China are the three regional markets
with the greatest demand during the forecast period.
From the perspective of suppliers, Alcatel-Lucent, Prysmian, TE SubCom, Nexans, NEC Japan, Corning, Hengtong Optoelectronics, Fujikura Cable, CommScope Cable, Zhongtian Cable, Belden Cable, etc.
will become the leading submarine fiber optic cable suppliers
during the forecast period.
The global submarine fiber optic cable market size was $2.
67 billion in 2018 and is expected to increase to $3.
66 billion by 2025, with a compound annual growth rate of 4.
0%.
According to the report, globally, the submarine fiber optic cable market is mainly driven
by the growth of deep-sea demand.
The deep sea accounts for nearly 76.
65%
of the total downstream consumption of global submarine fiber optic cables.
Submarine fiber optic cables (also known as submarine communication cables) are components similar to cables, but contain one or more optical fibers
used to carry light.
Fiber optic elements are usually individually coated with a plastic layer and contained in protective
tubes suitable for the environment in which the cables will be deployed.
Submarine cables are laid on the seabed and are used to establish inter-State and interregional telecommunications
.
At present, Alcatel-Lucent is a global leader, accounting for 26.
18%
of the global market share in 2016.
In 2016, the global submarine fiber and cable consumption market, led by Europe, was the largest regional consumer market, accounting for about 25.
53% of the market share
.
Europe, the United States, and China are the three regional markets
with the greatest demand during the forecast period.
From the perspective of suppliers, Alcatel-Lucent, Prysmian, TE SubCom, Nexans, NEC Japan, Corning, Hengtong Optoelectronics, Fujikura Cable, CommScope Cable, Zhongtian Cable, Belden Cable, etc.
will become the leading submarine fiber optic cable suppliers
during the forecast period.
