Asia-Pacific Undersea Fiber Optic Cable Market By Cable Design (Ribbon Tube, Loose Tube, Micro Loose Tube, and Others), By End-Use Industry (IT & Telecommunication, Energy & Power, and Others), By Insulation Type (Cross-Linked Polyethylene, Oil-Impregnated Paper, Resin-Impregnated Paper, Others), By Country, Competition, Forecast & Opportunities, 2027
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAsia-Pacific Undersea Fiber Optic Cable Market By Cable Design (Ribbon Tube, Loose Tube, Micro Loose Tube, and Others), By End-Use Industry (IT & Telecommunication, Energy & Power, and Others), By Insulation Type (Cross-Linked Polyethylene, Oil-Impregnated Paper, Resin-Impregnated Paper, Others), By Country, Competition, Forecast & Opportunities, 2027
Asia-Pacific Undersea Fiber Optic Cable Market was valued at USD 1346.29 million in 2021 and is expected to project robust growth during the forecast period, registering a CAGR of 16.43% owing to growing corporate demand for greater connectivity to achieve digital transformation, the spread of cloud services, popularization of online video services (over the top “OTT), increasing use of mobile phones, and growing 5G networks across the region.
Expanding Usage of 5G in Growing Countries
Longer battery life, reduced latency, faster data rates, ultra-high dependability, and more connected devices are projected to be among the major performance indicators offered by 5G plans, which call for denser,
To advance the transition to net-zero carbon emissions, Asia-Pacific nations are promoting cross-sector, cross-border, and cross-vector strategic collaborations. Numerous low-cost renewable energy sources are found in sparsely inhabited regions, distant from load centers. The locations of the resources are typically outside of national borders from the centers of energy demand. Power grid infrastructure connectivity allows for cross-border electricity commerce, which calls for the region's energy surpluses and deficits to be managed as best as possible. This energy demand is driven by the needs of an expanding middle-class population as well as easier access to contemporary energy sources. The expansion of the Asia-Pacific Undersea Fiber Optic Cable Market is therefore fueled by regulatory assistance along with changes to current rules to promote cross-border power trading.
Remote Work from Home Drives Deployment of FTTH Communication Networks
The COVID-19 epidemic has led to an upsurge in work-from-home ((WFH) opportunities as a result of the lockdowns implemented by various nations in the area. There are now more installed residential broadband connections as a result of this aspect. The need for home internet connections is also growing as the new coronavirus develops and more businesses favor
Growing Requirement for Interconnected Data Centers
The largest market for Facebook worldwide is India, accounting for 15% of its global user base in APAC. There is an increasing need for data center space in a nation with over a billion people and about 400 million Facebook users. As a result, there has been an increasing need for underwater fiber optic cables to fulfil the exponential capacity demand and connect data centres with the least amount of latency. The demand for undersea fiber optic cables is expected to increase during the forecast period.
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Market Segmentation
The Asia-Pacific Undersea Fiber Optic Cable Market is segmented on the basis of cable type, insulation type, end use industry, by country, and by company. Based on cable type, the market is further fragmented into loose tube, ribbon tube, micro loose tube, and others. Based on insulation type, the market is further segmented into cross-linked polyethylene, oil-impregnated paper, resin-impregnated paper, and others. Based on the end-use industry, the market is segmented into IT & telecommunication, energy & power, and others. Based on country, the market is segmented into China, Japan, India, South Korea, Australia, Indonesia, Singapore, Malaysia, Thailand, Vietnam, Philippines, and Taiwan.
Company Profiles
NEC Corporation,
| Details | |
| Market size value in 2021 | USD 1346.29 million |
| Revenue Forecast in 2027 | USD 3276.36 million |
| Growth Rate | 16.43% |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023F– 2027F |
| Quantitative Units | Revenue in (USD million), and CAGR for 2017-2021 and 2022- 2027F |
| Report Coverage | · Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Cable Design · Insulation Type · End Use Industry |
| Country Scope | China, Japan, India, South Korea, Australia, Indonesia, Singapore, Malaysia, Thailand, Vietnam, Philippines, Taiwan. |
| Key Companies Profiled | NEC Corporation, Fujitsu Limited, SubCom, LLC., Alcatel Submarine Networks, Huawei Marine Networks Technologies Co., Limited, Communication Cable Systems Indonesia, Ciena Corporation, Norddeutsche Seekabelwerke GmbH, Ocean Cables, Xtera, S. B. Submarine Systems Co., Ltd, and Orange Marine. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
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