아시아태평양의 해저 케이블 시스템 시장 예측(-2030년) : 지역별 분석 - 서비스, 케이블 용량, 용도, 유형별

The Asia Pacific submarine cable systems market was valued at US$ 6,264.66 million in 2022 and is expected to reach US$ 16,040.15 million by 2030; it is estimated to register a CAGR of 12.5% from 2022 to 2030.

Surge in Investment in Offshore Wind Power Generation Boost Asia Pacific Submarine Cable Systems Market

With the rise of digitalization, cloud computing, and the Internet of Things (IoT), there is a growing need for high-speed and reliable connectivity across various countries and oceans. To cater to such needs, submarine cable systems act as the foundation of global internet connectivity, offering unparalleled speed and bandwidth capabilities. These undersea cables provide a massive capacity for data transmission, supporting businesses with increased bandwidth requirements and ensuring efficient and high-performance internet connectivity.

According to Ericsson, by the end of 2023, the total global mobile data traffic, excluding Fixed Wireless Access (FWA), is projected to reach 130 exabytes (EB) per month. This figure is expected to grow nearly threefold and reach 403 EB per month by 2029. When including FWA, the total mobile network traffic is estimated to reach approximately 160 EB per month by the end of 2023, and it is predicted to rise further to 563 EB per month by the end of 2029. These projections consider the assumption that the adoption of XR-type services, including AR, VR, and mixed reality (MR), will begin in the latter part of the forecast period. In addition, video traffic is estimated to represent 73% of all mobile data traffic by the end of 2023. Hence, in a progressively interconnected world, the demand for undersea communication cables is growing substantially. Advancements in cable technology, including the deployment of higher-capacity cables and the implementation of advanced transmission techniques, play a key role in enhancing global connectivity. By leveraging these innovations, businesses focus on improving communication capabilities and enhancing access to global networks to manage growing data traffic. Thus, the rise in data traffic drives the submarine cable systems market.

Asia Pacific Submarine Cable Systems Market Overview

The Asia Pacific submarine cable systems market is segmented into Australia, China, Japan, India, South Korea, and the Rest of Asia Pacific. Asia Pacific has a large population, and there is a growing need to expand internet connectivity to underserved areas. Submarine cable systems enable the extension of high-speed internet access to remote regions and islands, bridging the digital divide and promoting economic development. Governments and telecommunications companies are investing in submarine cable systems to enhance connectivity and support the region's digital transformation. Furthermore, significant investments from the key players operating in the region are a key factor driving the market growth in the region. For instance, in December 2022, NTT India announced a substantial investment of approximately US$ 2 billion in infrastructure development. This investment will be allocated toward the establishment of new data centers, cloud computing facilities, and submarine cable landing stations within the upcoming 3-4 years. The objective of this investment is to enhance the connectivity and digital infrastructure in India, enabling the seamless transmission of data and supporting the growth of various industries.

Asia Pacific Submarine Cable Systems Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific Submarine Cable Systems Market Segmentation

The Asia Pacific submarine cable systems market is categorized into services, cable capacity, application, type, and country.

Based on services, the Asia Pacific submarine cable systems market is bifurcated into installation services and maintenance & upgrade services. The installation services segment held a larger market share in 2022.

In terms of cable capacity, the Asia Pacific submarine cable systems market is segmented into less than 10 Tb/S, 10-20 Tb/S, 20-30 Tb/S, and more than 30 Tb/S. The 20-30 Tb/S segment held the largest share of Asia Pacific submarine cable systems market in 2022.

By application, the Asia Pacific submarine cable systems market is bifurcated into communication and energy & power. The communication segment held a larger share of Asia Pacific submarine cable systems market in 2022.

Based on type, the Asia Pacific submarine cable systems market is bifurcated into single core and multi-core. The single core segment held a larger share of Asia Pacific submarine cable systems market in 2022.

By country, the Asia Pacific submarine cable systems market is segmented into Australia, Japan, India, China, South Korea, and the Rest of Asia Pacific. The Rest of Asia Pacific dominated the Asia Pacific submarine cable systems market share in 2022.

Sumitomo Electric Industries Ltd; SubCom, LLC; Prysmian SpA; Alcatel Submarine Networks; Nexans SA; NEC Corp; Mitsubishi Electric Corp; Fujitsu Ltd; Vodafone Group Plc; and HMN Technologies Co., Ltd. are some of the leading companies operating in the Asia Pacific submarine cable systems market.

Table Of Contents

1. Introduction

• 1.1 The Insight Partners Research Report Guidance
• 1.2 Market segmentation

2. Executive Summary

• 2.1 Key Insights
• 2.2 Market Attractiveness

3. Research Methodology

• 3.1 Coverage
• 3.2 Secondary Research
• 3.3 Primary Research

4. Submarine Cable Systems Market Landscape

• 4.1 Overview
• 4.2 Ecosystem Analysis
  • 4.2.1 Component Providers:
  • 4.2.2 Manufacturers:
  • 4.2.3 Distributors or Suppliers:
  • 4.2.4 End User:
• 4.3 Submarine Cable System (List of Projects)
• 4.4 Submarine Cable System Market: Pricing Analysis

5. Asia Pacific Submarine Cable Systems Market - Key Market Dynamics

• 5.1 Market Drivers
  • 5.1.1 Rise in Data Traffic
  • 5.1.2 Surge in Investment in Offshore Wind Power Generation
  • 5.1.3 Need for Reduced Latency and Reaction Time
• 5.2 Market Restraints
  • 5.2.1 High Initial Investment and Deployment Costs
  • 5.2.2 Damage Due to Vulnerable Climatic Conditions
• 5.3 Market Opportunities
  • 5.3.1 Rising Investments in Submarine Cable Infrastructure
  • 5.3.2 Growing Number of Projects Based on HVDC Power Transmission Technology
• 5.4 Future Trends
  • 5.4.1 Rise in Adoption of Cloud-based Services
• 5.5 Impact of Drivers and Restraints:

6. Submarine Cable Systems Market - Asia Pacific Market Analysis

• 6.1 Overview
• 6.2 Submarine Cable Systems Market Revenue (US$ Million), 2020-2030
• 6.3 Submarine Cable Systems Market Forecast Analysis

7. Asia Pacific Submarine Cable Systems Market Analysis - by Services

• 7.1 Installation Services
  • 7.1.1 Overview
  • 7.1.2 Installation Services: Submarine Cable Systems Market - Revenue and Forecast to 2030 (US$ Million)
• 7.2 Maintenance and Upgradation
  • 7.2.1 Overview
  • 7.2.2 Maintenance and Upgradation: Submarine Cable Systems Market - Revenue and Forecast to 2030 (US$ Million)

8. Asia Pacific Submarine Cable Systems Market Analysis - by Cable Capacity

• 8.1 Less than 10 Tb/S
  • 8.1.1 Overview
  • 8.1.2 Less than 10 Tb/S: Submarine Cable Systems Market - Revenue and Forecast to 2030 (US$ Million)
• 8.2 10 - 20 Tb/S
  • 8.2.1 Overview
  • 8.2.2 10 - 20 Tb/S: Submarine Cable Systems Market - Revenue and Forecast to 2030 (US$ Million)
• 8.3 20-30 Tb/S
  • 8.3.1 Overview
  • 8.3.2 20-30 Tb/S: Submarine Cable Systems Market - Revenue and Forecast to 2030 (US$ Million)
• 8.4 More than 30Tb/S
  • 8.4.1 Overview
  • 8.4.2 More than 30Tb/S: Submarine Cable Systems Market - Revenue and Forecast to 2030 (US$ Million)

9. Asia Pacific Submarine Cable Systems Market Analysis - by Application

• 9.1 Communication
  • 9.1.1 Overview
  • 9.1.2 Communication: Submarine Cable Systems Market - Revenue and Forecast to 2030 (US$ Million)
• 9.2 Energy and Power
  • 9.2.1 Overview
  • 9.2.2 Energy and Power: Submarine Cable Systems Market - Revenue and Forecast to 2030 (US$ Million)

10. Asia Pacific Submarine Cable Systems Market Analysis - by Type

• 10.1 Single Core
  • 10.1.1 Overview
  • 10.1.2 Single Core: Submarine Cable Systems Market - Revenue and Forecast to 2030 (US$ Million)
• 10.2 Multi Core
  • 10.2.1 Overview
  • 10.2.2 Multi Core: Submarine Cable Systems Market - Revenue and Forecast to 2030 (US$ Million)

11. Asia Pacific Submarine Cable Systems Market - Country Analysis

• 11.1 Asia Pacific Market Overview
  • 11.1.1 Asia Pacific: Submarine Cable Systems Market, By Key Country - Revenue 2022 (US$ Million)
  • 11.1.2 Asia Pacific: Submarine Cable Systems Market - Revenue and Forecast Analysis - by Country
    • 11.1.2.1 Asia Pacific: Submarine Cable Systems Market - Revenue and Forecast Analysis - by Country
    • 11.1.2.2 Australia: Submarine Cable Systems Market - Revenue and Forecast to 2030 (US$ Million)
      • 11.1.2.2.1 Australia: Submarine Cable Systems Market Breakdown, by Services
      • 11.1.2.2.2 Australia: Submarine Cable Systems Market Breakdown, by Cable Capacity
      • 11.1.2.2.3 Australia: Submarine Cable Systems Market Breakdown, by Application
      • 11.1.2.2.4 Australia: Submarine Cable Systems Market Breakdown, by Type
    • 11.1.2.3 Japan: Submarine Cable Systems Market - Revenue and Forecast to 2030 (US$ Million)
      • 11.1.2.3.1 Japan: Submarine Cable Systems Market Breakdown, by Services
      • 11.1.2.3.2 Japan: Submarine Cable Systems Market Breakdown, by Cable Capacity
      • 11.1.2.3.3 Japan: Submarine Cable Systems Market Breakdown, by Application
      • 11.1.2.3.4 Japan: Submarine Cable Systems Market Breakdown, by Type
    • 11.1.2.4 India: Submarine Cable Systems Market - Revenue and Forecast to 2030 (US$ Million)
      • 11.1.2.4.1 India: Submarine Cable Systems Market Breakdown, by Services
      • 11.1.2.4.2 India: Submarine Cable Systems Market Breakdown, by Cable Capacity
      • 11.1.2.4.3 India: Submarine Cable Systems Market Breakdown, by Application
      • 11.1.2.4.4 India: Submarine Cable Systems Market Breakdown, by Type
    • 11.1.2.5 China: Submarine Cable Systems Market - Revenue and Forecast to 2030 (US$ Million)
      • 11.1.2.5.1 China: Submarine Cable Systems Market Breakdown, by Services
      • 11.1.2.5.2 China: Submarine Cable Systems Market Breakdown, by Cable Capacity
      • 11.1.2.5.3 China: Submarine Cable Systems Market Breakdown, by Application
      • 11.1.2.5.4 China: Submarine Cable Systems Market Breakdown, by Type
    • 11.1.2.6 South Korea: Submarine Cable Systems Market - Revenue and Forecast to 2030 (US$ Million)
      • 11.1.2.6.1 South Korea: Submarine Cable Systems Market Breakdown, by Services
      • 11.1.2.6.2 South Korea: Submarine Cable Systems Market Breakdown, by Cable Capacity
      • 11.1.2.6.3 South Korea: Submarine Cable Systems Market Breakdown, by Application
      • 11.1.2.6.4 South Korea: Submarine Cable Systems Market Breakdown, by Type
    • 11.1.2.7 Rest of Asia Pacific: Submarine Cable Systems Market - Revenue and Forecast to 2030 (US$ Million)
      • 11.1.2.7.1 Rest of Asia Pacific: Submarine Cable Systems Market Breakdown, by Services
      • 11.1.2.7.2 Rest of Asia Pacific: Submarine Cable Systems Market Breakdown, by Cable Capacity
      • 11.1.2.7.3 Rest of Asia Pacific: Submarine Cable Systems Market Breakdown, by Application
      • 11.1.2.7.4 Rest of Asia Pacific: Submarine Cable Systems Market Breakdown, by Type

12. Industry Landscape

• 12.1 Overview
• 12.2 Market Initiative

13. Company Profiles

• 13.1 Sumitomo Electric Industries Ltd
  • 13.1.1 Key Facts
  • 13.1.2 Business Description
  • 13.1.3 Products and Services
  • 13.1.4 Financial Overview
  • 13.1.5 SWOT Analysis
  • 13.1.6 Key Developments
• 13.2 SubCom, LLC
  • 13.2.1 Key Facts
  • 13.2.2 Business Description
  • 13.2.3 Products and Services
  • 13.2.4 Financial Overview
  • 13.2.5 SWOT Analysis
  • 13.2.6 Key Developments
• 13.3 Prysmian SpA
  • 13.3.1 Key Facts
  • 13.3.2 Business Description
  • 13.3.3 Products and Services
  • 13.3.4 Financial Overview
  • 13.3.5 SWOT Analysis
  • 13.3.6 Key Developments
• 13.4 Alcatel Submarine Networks
  • 13.4.1 Key Facts
  • 13.4.2 Business Description
  • 13.4.3 Products and Services
  • 13.4.4 Financial Overview
  • 13.4.5 SWOT Analysis
  • 13.4.6 Key Developments
• 13.5 Nexans SA
  • 13.5.1 Key Facts
  • 13.5.2 Business Description
  • 13.5.3 Products and Services
  • 13.5.4 Financial Overview
  • 13.5.5 SWOT Analysis
  • 13.5.6 Key Developments
• 13.6 NEC Corp
  • 13.6.1 Key Facts
  • 13.6.2 Business Description
  • 13.6.3 Products and Services
  • 13.6.4 Financial Overview
  • 13.6.5 SWOT Analysis
  • 13.6.6 Key Developments
• 13.7 Mitsubishi Electric Corp
  • 13.7.1 Key Facts
  • 13.7.2 Business Description
  • 13.7.3 Products and Services
  • 13.7.4 Financial Overview
  • 13.7.5 SWOT Analysis
  • 13.7.6 Key Developments
• 13.8 HMN Technologies Co., Ltd.
  • 13.8.1 Key Facts
  • 13.8.2 Business Description
  • 13.8.3 Products and Services
  • 13.8.4 Financial Overview
  • 13.8.5 SWOT Analysis
  • 13.8.6 Key Developments
• 13.9 Fujitsu Ltd
  • 13.9.1 Key Facts
  • 13.9.2 Business Description
  • 13.9.3 Products and Services
  • 13.9.4 Financial Overview
  • 13.9.5 SWOT Analysis
  • 13.9.6 Key Developments
• 13.10 Vodafone Group Plc
  • 13.10.1 Key Facts
  • 13.10.2 Business Description
  • 13.10.3 Financial Overview
  • 13.10.4 SWOT Analysis
  • 13.10.5 Key Developments

14. Appendix

• 14.1 Word Index
• 14.2 About the Insight Partners