The “Global Submarine Fiber Cable Market 2021-2025” report has been added to ResearchAndMarkets.com’s offering.
The submarine fiber cable market is poised to grow by $3.86 bn during 2021-2025, progressing at a CAGR of 11.04%
This study identifies the growing demand for cloud-based services as one of the prime reasons driving the submarine fiber cable market growth during the next few years. The market is driven by rapid developments in telecommunication networks and the increasing need for higher bandwidth.
The report on the submarine fiber cable market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The submarine fiber cable market analysis includes the investment source segment and geographic landscape.
The publisher robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading submarine fiber cable market vendors that include Corning Inc., Hexatronic Group AB, Huawei Investment and Holding Co. Ltd., Jiangsu Zhongtian Technology Co. Ltd., LS Cable and System Ltd., NEC Corp., Nokia Corp., Prysmian Spa, SSG cable group, and SubCom LLC.
Also, the submarine fiber cable market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities. Business Wire