TechNavio recognizes the following companies as the key players in the Global Submarine Fiber Cable Market: Alcatel-Lucent Submarine Networks Ltd., Tyco Electronics Subsea Communications LLC, NEC Corp., Fujitsu Ltd., Huawei Marine Networks Co. Ltd., Norddeutsche Seekabelwerke GmBH (NSW), Nexans SA, Ericsson (Lm) Tel-Sp Adr, and Reliance Globalcom Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “One of the major trends in the Global Submarine Fiber Cable market is the proposal for deploying submarine fiber cables over the trans-polar geographical area. Several investors, government bodies, and developmental agencies have shown interest on this project. This is because the project has a strong geo-political effect and will enable investors as well as the governments of China, Russia, and the US to expand their economic and political presence in the Arctic region. The Arctic region is believed to have huge resources of undrilled oil and natural gas, fresh water, and seafood. Moreover, the region offers huge scope for setting up a communication network from a surveillance point of view. The private enterprises that are promoting the Arctic Fiber project are expected to connect Japan, Alaska, and the UK through the Arctic region. In addition, it will be an alternate route for the Luzon Strait, which has multiple maritime conflict boundaries. In addition, the initial rollout of the Russian Optical Trans-Arctic Cable System promoted by the Government of Russia is expected to be started during the forecast period. Thus, the proposal for the deployment of submarine fiber cables in the Arctic region is an emerging trend in the market.”
According to the report, one of the main drivers in this market is the need to interlink countries to achieve economic growth. High-speed broadband connectivity of a nation has a significant impact on the overall GDP growth of the country, because of both rapid globalization and the business and trading of commodities being conducted online. Hence, developing and under-developed nations are highly dependent on the leading developed nations for their economic development.
Further, the report states that one of the major challenges in the market is the hazards arising from fiber cuts caused (accidentally) by humans. It is believed that natural hazards cause only 10 percent of submarine fiber cuts. During 2007-2012, almost 90 percent of submarine fiber cuts were due to fishing and anchoring of fishing boats, ships, and human activity in water depths of less than 200 meters. During this period, there were more than 150 submarine fiber cable faults per year due to human-caused fiber cuts.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-submarine-fiber-cable-market-2012…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/telecom-and-networking
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TechNavio Announces the Publication of its Research Report -Global Submarine Fiber Cable Market 2012-2016
