해저 케이블 시장 규모, 점유율 및 성장 분석 : 서비스 제공별, 유형별, 전압별, 최종 용도별, 절연재별, 지역별 - 업계 예측(2026-2033년)

Global Submarine Cable Market size was valued at USD 20.88 Billion in 2024 and is poised to grow from USD 23.08 Billion in 2025 to USD 51.3 Billion by 2033, growing at a CAGR of 10.5% during the forecast period (2026-2033).

The global submarine cable market is poised for significant growth driven by increasing demand for high-speed internet and enhanced energy transmission across various regions. Factors such as the rise in lower latency and high bandwidth requirements within enterprises are expected to further propel market expansion. The surge in streaming services and the widespread adoption of cloud applications play a crucial role in shaping market dynamics. Additionally, the rapid digital transformation in emerging economies presents lucrative opportunities for submarine cable providers. Simultaneously, the escalating need for energy, fueled by a growing global population, will likely support future developments in the market. However, challenges like geopolitical tensions and high costs associated with cable installation and maintenance pose considerable hurdles for industry players.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Submarine Cable market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Submarine Cable Market Segments Analysis

Global Submarine Cable Market is segmented by Service Offering, Type, Voltage, End-Use, Insulation and region. Based on Service Offering, the market is segmented into Installation & Commissioning, Maintenance and System Upgrade. Based on Type, the market is segmented into Single and Multicore. Based on Voltage, the market is segmented into Medium-Voltage and High-Voltage. Based on End-Use, the market is segmented into Offshore Wind Power Generation Plants, Intercountry & Island Connection and Offshore Oil & Gas Plants. Based on Insulation, the market is segmented into Cross-Linked Polyethylene, Oil-Impregnated Paper, Resin-Impregnated Paper and Resin-Impregnated Synthetic. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Submarine Cable Market

The surge in data traffic driven by the expanding use of streaming platforms, smartphones, and cloud-based applications is significantly contributing to the growth of the global submarine cable market. As individuals and businesses increasingly seek enhanced telecommunications and internet connectivity, the demand for submarine cables is expected to rise correspondingly. This heightened need for reliable and fast data transmission solutions is set to propel the submarine cable industry forward, as it plays a crucial role in supporting the ever-increasing digital landscape. Overall, the growing reliance on data-intensive services will drive innovation and investment in this critical infrastructure sector.

Restraints in the Global Submarine Cable Market

The Global Submarine Cable market faces significant challenges due to the high costs associated with deploying and maintaining these systems. The substantial capital investment required for installation represents a major barrier to entry, limiting the growth potential of the market. Furthermore, ongoing maintenance expenses add another layer of financial burden, which is likely to hinder widespread adoption and expansion within the industry. As stakeholders consider these cost factors, the overall appeal of submarine cable projects may be impacted, ultimately affecting market dynamics and growth opportunities in this sector.

Market Trends of the Global Submarine Cable Market

The Global Submarine Cable market is witnessing a significant trend driven by the increasing demand for high-speed internet fueled by global digitization. This expansion is particularly evident in developing regions like Africa and the Asia Pacific, where substantial investments in new data transmission infrastructure are being made to enhance connectivity. The surge in internet traffic, coupled with the need for more reliable and faster communication channels, is catalyzing the deployment of advanced submarine cable networks. As businesses and consumers alike seek uninterrupted access to digital services, this trend underscores a transformative shift in global communication dynamics and promises robust market growth.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Submarine Cable Market Size by Service Offering & CAGR (2026-2033)

• Market Overview
• Installation & Commissioning
• Maintenance
• System Upgrade

Global Submarine Cable Market Size by Type & CAGR (2026-2033)

• Market Overview
• Single
• Multicore

Global Submarine Cable Market Size by Voltage & CAGR (2026-2033)

• Market Overview
• Medium-Voltage
• High-Voltage

Global Submarine Cable Market Size by End-Use & CAGR (2026-2033)

• Market Overview
• Offshore Wind Power Generation Plants
• Intercountry & Island Connection
• Offshore Oil & Gas Plants

Global Submarine Cable Market Size by Insulation & CAGR (2026-2033)

• Market Overview
• Cross-Linked Polyethylene
• Oil-Impregnated Paper
• Resin-Impregnated Paper
• Resin-Impregnated Synthetic

Global Submarine Cable Market Size & CAGR (2026-2033)

• North America (Service Offering, Type, Voltage, End-Use, Insulation)
  • US
  • Canada
• Europe (Service Offering, Type, Voltage, End-Use, Insulation)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Service Offering, Type, Voltage, End-Use, Insulation)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Service Offering, Type, Voltage, End-Use, Insulation)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Service Offering, Type, Voltage, End-Use, Insulation)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• Prysmian Group (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nexans (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• NKT A/S (Denmark)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hengtong Group (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Zhongtian Technology Submarine Cable Co., Ltd. (ZTT) (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LS Cable & System (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sumitomo Electric Industries, Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Furukawa Electric Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Orient Cable (Ningbo Orient Wires & Cables Co., Ltd.) (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Jiangsu Zhongtian Technology Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• HMN Technologies Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• IT International Telecom Inc. (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• S.B. Submarine Systems Co., Ltd. (SBBS) (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Xtera Communications, Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kokusai Cable Ship Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Fujitsu Limited (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• NEC Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Telefonica S.A. (Spain)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Huawei Marine Networks Co., Limited (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations