Global Submarine Optical Fiber Cables Industry (2020 to 2027) – Key Market Trends and Drivers –

DUBLIN–(BUSINESS WIRE)–The “Submarine Optical Fiber Cables – Global Market Trajectory & Analytics” report has been added to’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:




  • 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



  • 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




For more information about this report visit


Laura Wood, Senior Press Manager

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