Undersea cable systems, which are used in the undersea fiber optic cable, are made up of communication cables buried on the ocean floor connecting cable landing stations (CLS) on land to transfer telecommunication signals across oceanic stretches. Secure data is transferred internationally via fiber optic cables buried under the sea. The cables provide extremely high-capacity, highly dependable, and secure communication links between various nations worldwide. An underwater fiber optic cable offers transmission quality that is noticeably superior to that provided by a satellite. A few inches thick and containing only a few optical fibers, undersea fiber optic cables are thin. However, they can transmit at terabits per second (Tbps).
Growing Demand Owing to Increasing Internet Traffic
Over 90% of global internet traffic is dependent on undersea fiber optic cables, and almost everybody relies on the internet for day-to-day activities. The Internet connects the world; thus, global internet traffic is increasing every other day, with Asia-Pacific accounting for approximately half of global internet traffic, thereby driving demand for undersea fiber optic cables. For instance, in August 2022, STC, the telecommunication service provider announced the launch of Saudi Vision Cable, which is the first high-speed cable in the Red Sea and through its landing station in Jeddah helps to enhance the internet speed and connect the country to the world. Additionally, faster communication, an increase in the high broadband demand and an improvement in digital connectivity across the country are expected to be responsible of the growth of the undersea fiber optic cable market in Saudi Arabia in the upcoming years.
Rising Use of 5G in Developing Countries
5G proposals, a denser, fiber-rich network infrastructure, are expected to provide key performance indicators such as lower latency, higher data rates, ultra-high reliability, and more connected devices. Therefore, the introduction of the 5G network is anticipated to have a positive impact on the growth of Saudi Arabia Undersea Fiber Optic Cable Market. Additionally, high internet speed is required in various sectors. Additionally, countries are also setting up the 5G network infrastructure. To meet the high demand for 5G connectivity, telecom leaders are relying on undersea fiber optic cables. All these factors are expected to drive the Saudi Arabia fiber optic cable market forward.
Remote Work from Home Drives Deployment of FTTH Communication Networks
Due to the lockdowns imposed in the country, the COVID-19 pandemic has resulted in an increase in work-from-home (WFH). This has led to an increase in the number of home broadband connections installed. Furthermore, as the novel coronavirus evolves and more companies prefer remote work for longer periods of time, the demand for home broadband connections is increasing. As a result, the demand for a Fiber-to-the-Home (FTTH) communication network is driving the Saudi Arabia Undersea Fiber Optic Cable Market towards exponential growth.
Net-zero Carbon Emission
Saudi Arabia is strongly emphasizing cross-sector, cross-border, and cross-vector strategic collaborations to hasten the transition to net-zero carbon emissions. In sparsely populated locations, several low-cost renewable energy sources are situated far from load centers. The locations of the resources are typically far away from the centers of energy demand, spanning international borders.
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Market Segmentation
The Saudi Arabia Undersea Fiber Optic Cable Market is segmented into Fiber Type, Cable Design, End-Use Industry, Insulation Type, application, regional distribution and competitive landscape. Based on Fiber type, the market is divided into single-mode fiber and multi-mode fiber. Based on Cable Design, the market is segmented into Ribbon Tube, Loose Tube, Micro Loose Tube and Others. Based on End-Use Industry, the market is divided into
Market Players
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018– 2022 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2024-2028 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | · Fiber Type · Cable Design · End-Use Industry · Insulation Type · Application |
| Regional scope | Eastern Region, Northern & Central Region, Western Region, Southern Region |
| Key companies profiled | NEC Saudi Arabia Ltd, Middle East Fiber Cable Manufacturing Co, Saudi Cable Company, Ciena Corporation, Stc pay Saudi, SubCom LLC, Etihad Etisalat (Mobily), Alcatel Submarine Networks, NEC Corporation, HMN Technologies Co. Limited. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
