Driving Undersea Cabling Market Growth in 2025: The Role of Undersea Cabling Market Driven By Growing Demand For International Connectivity

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Undersea Cabling Market Size Growth Forecast: What to Expect by 2025?_x000D_
The market size for undersea cabling has experienced swift expansion in recent times. It's projected to increase from a value of $20.89 billion in 2024 to $23.2 billion in 2025, with a compound annual growth rate (CAGR) of 11.0%. The surge experienced in the historic period is linked to factors like an increasing demand for global internet, the growth of telecommunication, the need for data center connectivity, as well as international trade and commerce, and international trade routes._x000D_
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How Will the Undersea Cabling Market Size Evolve and Grow by 2029?_x000D_
The market size for undersea cabling is projected to experience substantial expansion in the forthcoming years, reaching a valuation of $37.07 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 12.4%. The expected growth during the estimated period may be attributed to factors such as the deployment of 5g network, developments in renewable energy projects, advances in submarine fiber optics, the rise of remote work and telemedicine, and resilience to climate change. The forecast period is likely to witness several major trends, including an upsurge in cable capacity, diversification of route expansion, rise in global internet exchange points, 5g connectivity, and a blend of fiber-optic and power cables._x000D_
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What Drivers Are Propelling the Growth of Undersea Cabling Market Forward?_x000D_
The undersea cabling market is experiencing growth due to the increasing need for connections between countries and islands. There has been a significant increase in fixed broadband penetration due to enhanced international connectivity, making it one of the top in the region. FTTP-based services have seen a surge in usage among a large number of users. For instance, the Washington State Department of Transportation, a US Government agency, reported that Washington State Ferries witnessed an increase of more than 1.3 million riders in 2023 when compared to 2022. This accounts for a 7.4% annual increase in ridership, totalling approximately 18.7 million, indicating a remarkable year-on-year recovery in ferry usage. Hence, the undersea cabling market is projected to expand due to the escalating demand for connections between countries and islands during the forecasted period._x000D_
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What Trends Will Shape the Undersea Cabling Market Through 2029 and Beyond?_x000D_
The development of undersea cabling markets is being shaped by the acceleration of connectivity through 5G in undersea cabling solutions. For example, in February 2022, global telecommunications firms, Bharati Airtel and Reliance Jio, invested in enhancing the capacity of submarine cable systems. This move supports the development of 5G networks' low-latency, which is expected to be launched in the ensuing fiscal year. Bharti Airtel became a member of the SEA-ME-WE-6 undersea cable consortium to increase its network's high-speed capacity, thus bolstering India's digital economy. Meanwhile, Reliance Jio's IAX cable system promotes direct connections from the Maldives to other nations like India and Singapore._x000D_
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What Are the Key Segments in the Undersea Cabling Market?_x000D_
The undersea cabling market covered in this report is segmented -_x000D_
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1) By Component: Wet Plant Products, Dry Plant Products_x000D_
2) By Voltage: Medium Voltage, High Voltage_x000D_
3) By Type: Singlecore, Multicore_x000D_
4) By Application: Communication Cables, Power Cables_x000D_
5) By End-User: Offshore Wind Power Generation, Inter-Country And Island Connection, Offshore Oil And Gas_x000D_
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Subsegments:_x000D_
1) By Wet Plant Products: Submarine Fiber Optic Cables, Repeaters, Cable Accessories, Cable Landing Stations_x000D_
2) By Dry Plant Products: Optical Amplifiers, Terminal Equipment, Power Feed Equipment, Network Management Systems_x000D_
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Who Are the Key Players Shaping the Undersea Cabling Market's Competitive Landscape?_x000D_
Major companies operating in the undersea cabling market include Tyco Electronics Ltd., NEC Group, Nippon Telegraph and Telephone Corporation, Huawei Technologies Co. Ltd., Infinera Corporation, Fujitsu Limited, Nexans S.A., NKT A/S, Prysmian Group, Corning Incorporated, Hexatronic Group AB, Jiangsu Zhongtian Technology Co. Ltd., LS Cable & System Ltd., SubCom LLC, Alcatel Submarine Networks Inc., TE SubCom LLC, Xtera Communications Inc., Hengtong Group Co. Ltd., Huawei Marine Networks Co. Ltd., Ciena Corporation, Optical Cable Corporation (OCC), Global Marine Group, Sumitomo Electric Industries Ltd., RTI Connectivity Pte. Ltd., Aqua Comms Limited, Hawaiki Submarine Cable LP, Seaborn Networks Inc., Southern Cross Cable Network, Vocus Group Limited, PCCW Global Ltd., MainOne Cable Company, Angola Cables S.A., Seacom Limited, Telxius Telecom S.A. _x000D_
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What Geographic Markets Are Powering Growth in the Undersea Cabling Market?_x000D_
North America was the largest region in the undersea cabling market share in 2024. The Asia-Pacific was the second-largest market in the undersea cabling market. The regions covered in the undersea cabling market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa._x000D_
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