Submarine Cable System Market to 2027 - Asia Pacific Analysis and Forecasts by Service (Installation services and Maintenance & Upgrade services); and Application (Communication and Energy & Power)
The Asia Pacific submarine cable systems market accounted for US$ 5,612.6 Mn in 2017 and is expected to grow at a CAGR of 9.8% over the forecast period 2018-2027, to account for US$ 14,719.3 Mn in 2027. Submarine cable systems are vital in establishing global connectivity and forming the entire internet. The globalized economy today desires a highly secure and reliable internet infrastructure to support the high bandwidth applications effectively and trends of the modern world namely the cloud data centers and Software Defined Networking (SDN). Further, the exponential rise in the Datacenter Interconnect (DCI), cloud computing, artificial intelligence, Big Data, and IoT also boost the demand for robust intercontinental cable infrastructure. Such development in internet infrastructure is projected to deliver huge and potential opportunities for the submarine cable systems market.
The submarine cable systems market is fragmented with the presence of several submarine cable providers and the competitive dynamics in the market is expected to change during the upcoming years. Various significant developments have been witnessed with regards to the deployments of the submarine cable systems in the Asia Pacific region. with growing demands for increased capacity of the submarine cable systems in the Asian region, a sharp decline in the prices are witnessed over the last two-three years. It gives significant opportunities for the companies to enhance its submarine cable which further develops submarine cable systems market.
On the basis of application, the submarine cable systems market is segmented into communication and energy & power. The communication segment is anticipated to continue its dominance in the submarine cable systems market. Increase in the international bandwidth requirement and improving internet penetration is significantly driving the communication market for submarine cable systems. Further, increasing investments by content providers is proliferating the growth of the market in Asia Pacific. However, energy & power segment is projected to grow at a high rate in the submarine cable systems market.
The overall submarine cable systems market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the submarine cable systems market. It also provides the overview and forecast for the Asia Pacific submarine cable systems market based on all the segmentation provided with respect to five major reasons such as North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the submarine cable industry. The key players operating in the APAC submarine cable systems market include Huawei Marine Networks Co., Limited, Subcom, LLC, NEC Corporation, Fujitsu Limited, Nokia Corporation, Hengtong Group Co., Ltd., Sumitomo Electric Industries, Ltd., Nexans SA, Prysmian Group, and Mitsubishi Electric Corporation among others.
- 1. INTRODUCTION
- 1.1 SCOPE OF THE STUDY
- 1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
- 2. KEY TAKEAWAYS
- 3. SUBMARINE CABLE SYSTEMS MARKET LANDSCAPE
- 3 OVERVIEW
- 3 SEGMENTATION
- 3 Pacific Submarine cable systems Market - By Service
- 3 Pacific Submarine cable systems Market - By Application
- 3 Pacific Submarine cable systems Market - By Country
- 3.3 PEST ANALYSIS
- 3 Pacific PEST Analysis
- 4. ASIA PACIFIC SUBMARINE CABLE SYSTEM MARKET - KEY INDUSTRY DYNAMICS
- 4.1 KEY MARKET DRIVERS
- 4.1.1 An advancing global economy revolving around the internet as its backbone
- 4.1.2 Increasing bandwidth demands from the cloud and content service providers
- 4.1.3 Burgeoning optical fiber demands in growing economies such as China, India
- 4.2 KEY MARKET RESTRAINTS
- 4 Initial Investments and susceptible to climatic conditions
- 4.3 KEY MARKET OPPORUNITIES
- 4.3.1 Large number of ongoing projects for submarine cables
- 4 TRENDS
- 4.4.1 Content and cloud service providers to govern the market
- 4 ANALYSIS OF DRIVERS AND RESTRAINTS
- 5. SUBMARINE CABLE SYSTEM MARKET - ASIA PACIFIC ANALYSIS
- 5.1 OVERVIEW
- 5 Pacific Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)
- 6. SUBMARINE CABLE SYSTEMS MARKET REVENUE AND FORECASTS TO 2027- SERVICE
- 6.1 OVERVIEW
- 6.2 ASIA PACIFIC SUBMARINE CABLE SYSTEMS MARKET BREAKDOWN, BY SERVICE, 2017 & 2027
- 6.3 INSTALLATION SERVICES MARKET
- 6.3.1 Overview
- 6.3.2 Installation Services Market Forecasts and Analysis
- 6.4 MAINTENANCE & UPGRADE SERVICES MARKET
- 6.4.1 Overview
- 6.4.2 Maintenance & Upgrade Services Market Forecasts and Analysis
- 7. SUBMARINE CABLE SYSTEMS MARKET REVENUE AND FORECASTS TO 2027 - APPLICATION
- 7.1 OVERVIEW
- 7.2 ASIA PACIFIC SUBMARINE CABLE SYSTEMS MARKET BREAKDOWN, BY APPLICATION, 2017 & 2027
- 7.3 COMMUNICATION MARKET
- 7.3.1 Overview
- 7.3.2 Communication Market Forecasts and Analysis
- 7 & POWER MARKET
- 7.4.1 Overview
- 7.4 & Power Market Forecasts and Analysis
- 8. SUBMARINE CABLE SYSTEMS MARKET REVENUE AND FORECASTS TO 2027 - COUNTRY
- 8 Pacific Submarine Cable System Market Breakdown by Key Countries
- 8.1.1.1 Australia Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)
- 8.1.1.2 China Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)
- 8.1.1.3 India Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)
- 8.1.1.4 Japan Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)
- 8.1.1.5 Indonesia Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)
- 8.1.1.6 South Korea Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)
- 8.1.1.7 Malaysia Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)
- 8.1.1.8 Singapore Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)
- 8.1 Kong Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)
- 8.1.1.10 Rest of APAC Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)
- 9. INDUSTRY LANDSCAPE
- 9 INITIATIVE
- 9.2 NEW DEVELOPMENT
- 10. COMPETITIVE LANDSCAPE
- 10.1 COMPETITIVE PRODUCT MAPPING
- 10 POSITIONING -TOP 5 PLAYERS
- 11. ASIA PACIFIC SUBMARINE CABLE SYSTEMS - COMPANY PROFILES
- 11 MARINE NETWORKS CO., LIMITED
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Financial Overview
- 11 Analysis
- 11.1.5 Key Developments
- 11.2 SUBCOM, LLC
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Financial Overview
- 11 Analysis
- 11.2.5 Key Developments
- 11.3 NEC CORPORATION
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Financial Overview
- 11 Analysis
- 11.3.5 Key Developments
- 11.4 FUJITSU LIMITED
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Financial Overview
- 11 Analysis
- 11.4.5 Key Developments
- 11.5 NOKIA CORPORATION
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Financial Overview
- 11 Analysis
- 11.5.5 Key Developments
- 11.6 HENGTONG GROUP CO., LTD.
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Financial Overview
- 11 Analysis
- 11.6.5 Key Developments
- 11.7 SUMITOMO ELECTRIC INDUSTRIES, LTD.
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Financial Overview
- 11 Analysis
- 11.7.5 Key Developments
- 11 SA
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Financial Overview
- 11 Analysis
- 11.8.5 Key Developments
- 11.9 PRYSMIAN GROUP
- 11.9.1 Key Facts
- 11.9.2 Business Description
- 11.9.3 Financial Overview
- 11 Analysis
- 11.9.5 Key Developments
- 11.10 MITSUBISHI ELECTRIC CORPORATION
- 11 Facts
- 11.10.2 Business Description
- 11.10.3 Financial Overview
- 11.10.4 SWOT Analysis
- 11 Developments
- 12. APPENDIX
- 12.1 ABOUT THE INSIGHT PARTNERS
- 12.2 GLOSSARY OF TERMS
- 12.3 METHODOLOGY
- 12.3.1 Coverage
- 12.3.2 Secondary Research
- 12.3.3 Primary Research
- LIST OF TABLES
- TABLE 1. ASIA PACIFIC SUBMARINE CABLE SYSTEMS MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
- TABLE 2. GLOSSARY OF TERM: SUBMARINE CABLE SYSTEMS MARKET
- LIST OF FIGURES
- FIGURE 1. SUBMARINE CABLE SYSTEMS MARKET, BY APPLICATION, REVENUE (%), 2017
- FIGURE 2. SUBMARINE CABLE SYSTEMS MARKET, MAINTENANCE & UPGRADE SERVICES ($MN), 2017 & 2027
- FIGURE 3. ASIA PACIFIC SUBMARINE CABLE SYSTEMS MARKET SEGMENTATION
- FIGURE 4. ASIA PACIFIC - PEST ANALYSIS
- FIGURE 5. SUBMARINE CABLE SYSTEM MARKET IMPACT ANALYSIS OF DRIVER AND RESTRAINTS
- FIGURE 6. ASIA PACIFIC SUBMARINE CABLE SYSTEM MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
- FIGURE 7. ASIA PACIFIC SUBMARINE CABLE SYSTEMS MARKET BREAKDOWN, BY SERVICE, 2017 & 2027 (%)
- FIGURE 8. ASIA PACIFIC INSTALLATION SERVICES MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
- FIGURE 9. ASIA PACIFIC MAINTENANCE & UPGRADE SERVICES MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
- FIGURE 10. ASIA PACIFIC SUBMARINE CABLE SYSTEMS MARKET BREAKDOWN, BY APPLICATION, 2017 & 2027 (%)
- FIGURE 11. ASIA PACIFIC COMMUNICATION MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
- FIGURE 12. ASIA PACIFIC ENERGY & POWER MARKET REVENUE AND FORECASTS TO 2027(US$ MN)
- FIGURE 13. ASIA PACIFIC SUBMARINE CABLE SYSTEM MARKET BREAKDOWN BY KEY COUNTRIES, 2017 & 2027 (%)
- FIGURE 14. AUSTRALIA SUBMARINE CABLE SYSTEM MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
- FIGURE 15. CHINA SUBMARINE CABLE SYSTEM MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
- FIGURE 16. INDIA SUBMARINE CABLE SYSTEM MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
- FIGURE 17. JAPAN SUBMARINE CABLE SYSTEM MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
- FIGURE 18. INDONESIA SUBMARINE CABLE SYSTEM MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
- FIGURE 19. SOUTH KOREA SUBMARINE CABLE SYSTEM MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
- FIGURE 20. MALAYSIA SUBMARINE CABLE SYSTEM MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
- FIGURE 21. SINGAPORE SUBMARINE CABLE SYSTEM MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
- FIGURE 22. HONG KONG SUBMARINE CABLE SYSTEM MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
- FIGURE 23 APAC SUBMARINE CABLE SYSTEM MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
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