Indonesia Subsea Cable Market to 2027- COVID-19 Impact and Country Analysis by Service (Installation Services and Maintenance & Upgrade Services); Application (Communication and Energy & Power)
In terms of revenue, the Indonesia Subsea cable market was valued at US$ 81.2 million in 2019, and it is expected to grow at a CAGR of 13.5% during the forecast period, to reach US$ 220.5 million by 2027.
Indonesia is the fourth most populous country in the world and is the fourth-highest number of internet user in the world. As of January 2020, there were 175.4 million internet users in the country. This depicts an increase of 17% compared to that in 2019. Further, the internet penetration in the country is 64%. The country has observed increasing demands for internet bandwidths. Supportive government policies in the country for enabling a complete digitalized economy has further fuelled the needs for establishing a seamless internet infrastructure, thereby leading to the growth of the Indonesian subsea fiber optical cables network.
In 2019, the Indonesian government announced the completion of the Palapa Ring project. It is a crucial infrastructure project that is intended to deliver access to 4G internet services to over 500 localities across the country. The project was worth ~US$ 1.5 billion, and it included 35,000 km of undersea fiber-optic cables. Through this project, the government intends to attain speeds of up to 100 Gbps anywhere the country. Currently, the country’s dependency on uninterrupted data connectivity is increasing rapidly. With the rapid urge for bandwidth availability, there is a steadily rising need for fiber-optic-based interconnectivity. Most of the present intercontinental internet traffic is transmitted via subsea cables, which is mainly attributed to the high level of efficiency in transmission via subsea cables, compared to satellites. Subsea optical cables are capable of transmitting ~100% of the total international internet traffic, along with ~95% of the global combined data as well as voice traffic. The transmission of data traffic via subsea optical fiber cables features high reliability, capacity, and security; moreover, it is a cost-effective transmission method. Further, advancements in optical transmission technology help enhance data rate, channel count, and capacity; rising demand for video and data transmissions are anticipated to propel the growth of the Indonesia subsea cable market in the coming years.
Impact of COVID-19 Pandemic on Subsea CableMarket
On 15 March 2020, the Indonesian Government urged people to work from home as well as practice social distancing. Since then, several day-to-day activities from working to schooling have shifted online. This shift has resulted in a surge in digital communications services across the country.
The telecom network providers in Indonesia recorded growth in internet traffic as well as data communication after the Government’s instruction to stay at home. As per Telkomsel, a wireless network provider in Indonesia, the company recorded a 5% surge in data services post-March 15. Also, from studying several data communication services consumers accessed, the company saw a rapid increase in the demand for e-learning platforms by 236% with a 13% rise in online gaming services. Moreover, the company also recorded a 10.4% surge in traffic for cloud-computing services. Other services, which recorded increased traffic includes digital advertising, streaming services, and browser services. The rising demand for internet is expected to boost the growth of Indonesia subsea cable market.
Indonesia Subsea Cable Market
Get more information on this report :
Market Insights
Increasing Initiatives toward Development of Energy Sector is supporting the growth of Indonesia subsea cable market
The government implemented several measures in 2018 to foster investor appeal. One of these measures involved the relaxation of taxes by granting 100% corporate income tax reduction to new FDI projects in every business sector, given that they fulfill certain requirements. Apart from this, several foreign ownership restrictions were lifted in an effort to boost FDI inflows. The government withdrew 22 of 51 restrictions for business licenses in the energy sector, comprising those for oil & gas, electricity, and mineral resources. Additionally, it also announced its plan of rolling out the tax deductions of up to 200% for companies conducting R&D activities. However, downstream investment is anticipated to be boosted by a number of pipeline initiatives. In January 2018, BPH Migas announced that the government was preparing to auction three gas pipeline projects. Moreover, in 2018, an upstream project named the Indonesia Deepwater Development (IDD) projectalso made progress. More such developments in the energy sector are expected to continue to boost the growth of Indonesia subsea cable market during the forecast period.
Service-BasedInsights
In terms of service, installation service captured a larger share of the Indonesiasubsea cable market in 2019. Submarine cable system owners face the issues related to cable maintenance. For instance, during an unexpected network outage, clear channels of accountability, troubleshooting measures, problem escalation as well as awareness of spares availability are among the critical points that might be necessary to accelerate a network’s return to service as well as revenue generation. Also, the information and measures have to be up-to-date, accessible by decision-makers’ moreover, it should be backed up by the well-trained and expert teams. This highlights the vitality of cable maintenance and repair services; however, the know-how required is often not obtainable in-house. Several players in the subsea cable ecosystem offer maintenance and repair services, usually on a contract basis.
Indonesia Subsea Cable Market, by Service– 2019and 2027
Get more information on this report :
Application-BasedInsights
The Indonesia subsea cable market, by application, is segmented into communications and energy & power. The communication segment captured a dominating share in the Indonesiasubsea cable market in 2019. Subsea communications cablesare placed on the sea bed between land-based stations for transmitting telecommunication signals through stretches of sea and ocean. The Indonesian government commits to ensure telecommunications and broadband access for the country’s fast-growing population of ~264 million people. In line with this, several communication providers are deploying subsea cables to offer high-speed internet. For instance, in November 2018, Moratelindo, a broadband operator, announced its plans to deploy the countrywide fiber optic network by constructing the Jayabaya high-speed subsea cable system for Java Island. For this project, Nexans supplied 915-km fiber optic cables.The increasing demand for the internet in the country is expected to further boost the deployment of subsea cables for communication purposes. Several hyper-scale data center players are also investing in subsea cable across Indonesia.
Strategic Insights
PGASCOM,PT Telekomunikasi Indonesia Tbk (Telkom Indonesia), PT XL AxiataTbk, PT Nap Info Lintas Nusa, PT Mora Telematika Indonesia (Moratelindo), PT Len Telekomunikasi Indonesia, Trident Subsea Cable, PT IndosatTbk (INDOSAT Ooredoo), PT. KetrosdenTriasmitra, PT. Bina Nusantara Perkasa, Optic Marine Group, PT. Sarana Global Indonesia (SGI), PT. Limin Marine & Offshore, and PT Telkom Infra are among the key players that were profiled during Indonesia subsea cable market study. In addition to these players, several other important Indonesia subsea cablemarket players were studied and analyzed to get a holistic view of the ecosystem. A few of the recent developments in the Indonesia subsea cable market are listed below:
2020: PT XL AxiataTbk (XL Axiata) with Vocus Group and Alcatel Submarine Networks have successfully completed the Australia-Indonesia-Singapore Sea Cable Communication System (SKKL) development project; the construction of this projected began in December 2017.
2019: PT KetrosdenTriasmitra (Triasmitra) collaborated with PT Telekomunikasi Indonesia (Telkominfra), which is a subsidiary of PT Telekomunikasi Indonesia (Telkom), has conducted a Kick-Off of the Medan – Dumai Submarine Communication Cable (SKKL) named the project PEACE.
Market Segmentation
Indonesia Subsea cable Market – By Service
- Installation Services
- Maintenance & Upgrade Services
Indonesia Subsea Cable Market – By Application
- Communication
- Energy & Power
Companies Profiled in Indonesia Subsea CableMarket are as Follows:
- Optic Marine Group
- PGASCOM
- PT IndosatTbk
- PT Infrastruktur Telekomunikasi Indonesia (Telkominfra)
- PT LEN TELEKOMUNIKASI INDONESIA
- PT Limin Marine & Offshore
- PT MORA TELEMATIKA INDONESIA (MORATELINDO)
- PT NAP Info Lintas Nusa
- PT Telkom Indonesia (Persero) Tbk
- PT XL AxiataTbk
- PT. Bina Nusantara Perkasa
- Pt. KetrosdenTriasmitra
- PT. Sarana Global Indonesia
- Trident Subsea Cable
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Subsea Cable Market Landscape
4.1 Market Overview
4.1.1 Indonesia PEST Analysis
4.2 Ecosystem Analysis
4.2.1 Cable Owners
4.2.2 Installers
4.2.3 Carriers
4.2.4 Cable Suppliers
4.2.5 Repair & Maintenance
4.3 Expert Opinion
4.4 Premium Insights
4.4.1 Vessels flagged Indonesia for installing Array Cables and Repairs & Maintenance
5. Indonesia Subsea Cable Market –Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Bandwidth Availability
5.1.2 Increasing Initiatives toward Development of Energy Sector
5.2 Market Restraints
5.2.1 Less Number of Fixed Broadband Connections Compared to Other Asian Countries
5.3 Market Opportunities
5.3.1 Growth in Number of Data Centers
5.4 Future Trends
5.4.1 Deployment of Super Cables
5.5 Impact Analysis of Drivers and Restraints
6. Indonesia Market Analysis
6.1 Subsea Cables - Indonesia Market Overview
6.2 Subsea Cables - Indonesia Market and Forecast to 2027
6.3 Market Positioning – Five Key Players
7. Indonesia Subsea Cable Market Analysis – By Service
7.1 Overview
7.2 Indonesia Subsea Cable Market Breakdown, by Type, 2019 & 2027
7.3 Installation Service
7.3.1 Installation Service Market Revenue and Forecast to 2027 (US$ Million)
7.4 Maintenance & Upgrade
7.4.1 Overview
7.4.2 Maintenance & Upgrade Market Revenue and Forecast to 2027 (US$ Million)
8. Indonesia Subsea Cable Market Analysis – By Application
8.1 Overview
8.2 Indonesia Subsea Cable Market Breakdown, by Application, 2019 & 2027
8.3 Communication
8.3.1 Overview
8.3.2 Communication Market Revenue and Forecast to 2027 (US$ Million)
8.3.3 Subsea Cable Market Volume- Number of Existing Projects
8.3.4 Key Upcoming Projects:
8.4 Energy & Power
8.4.1 Overview
8.4.2 Energy & Power Market Revenue and Forecast to 2027 (US$ Million)
9. Indonesia Subsea Cable Market- COVID-19 Impact Analysis
9.1 Overview
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Merger and Acquisition
11. Company Profiles
11.1 Optic Marine Group
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.1.7 Optic Marine Services
11.1.8 Optic Marine Indonesia
11.2 PGASCOM
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 PT Indosat Tbk
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 PT Infrastruktur Telekomunikasi Indonesia (Telkominfra)
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Financial Overview
11.4.4 SWOT Analysis
11.4.5 Key Developments
11.5 PT LEN TELEKOMUNIKASI INDONESIA
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 PT Limin Marine & Offshore
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 PT MORA TELEMATIKA INDONESIA (MORATELINDO)
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 PT NAP Info Lintas Nusa
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 PT Telkom Indonesia (Persero) Tbk
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 PT XL Axiata Tbk.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
11.11 PT. Bina Nusantara Perkasa
11.11.1 Key Facts
11.11.2 Business Description
11.11.3 Products and Services
11.11.4 Financial Overview
11.11.5 SWOT Analysis
11.11.6 Key Developments
11.12 Pt. Ketrosden Triasmitra
11.12.1 Key Facts
11.12.2 Business Description
11.12.3 Products and Services
11.12.4 Financial Overview
11.12.5 SWOT Analysis
11.12.6 Key Developments
11.13 PT. Sarana Global Indonesia
11.13.1 Key Facts
11.13.2 Business Description
11.13.3 Products and Services
11.13.4 Financial Overview
11.13.5 SWOT Analysis
11.13.6 Key Developments
11.14 Trident Subsea Cable
11.14.1 Key Facts
11.14.2 Business Description
11.14.3 Products and Services
11.14.4 Financial Overview
11.14.5 SWOT Analysis
11.14.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. Indonesia Subsea Cable Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. Glossary of Terms, Indonesia Subsea Cable Market
LIST OF FIGURES
Figure 1. Indonesia Subsea Cable Market Segmentation
Figure 2. Indonesia Subsea Cable Market Overview
Figure 3. Indonesia Subsea Cable, By Service
Figure 4. Indonesia Subsea Cable, By Application
Figure 5. Indonesia– PEST Analysis
Figure 6. Ecosystem Analysis
Figure 7. Expert Opinion
Figure 8. Subsea Cable Market Impact Analysis of Drivers and Restraints
Figure 9. Indonesia Subsea Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 10. Indonesia Subsea Cable Market Breakdown, By Type (2019 and 2027)
Figure 11. Installation Service Market Revenue and Forecast to 2027(US$ Million)
Figure 12. Maintenance & Upgrade Market Revenue and Forecast to 2027(US$ Million)
Figure 13. Indonesia Subsea Cable Market Breakdown, by Application (2019 and 2027)
Figure 14. Communication Market Revenue and Forecast to 2027(US$ Million)
Figure 15. Energy & Power Market Revenue and Forecast to 2027(US$ Million)
Figure 16. Impact of COVID-19 Pandemic on Indonesia Subsea Cable Market
The List of Companies - Indonesia Subsea Cable Market
- PGASCOM
- PT Telekomunikasi Indonesia Tbk (Telkom Indonesia)
- PT XL AxiataTbk
- PT Nap Info Lintas Nusa
- PT Mora Telematika Indonesia (Moratelindo)
- PT Len Telekomunikasi Indonesia
- Trident Subsea Cable
- PT Indosat Tbk (INDOSAT Ooredoo)
- PT. Ketrosden Triasmitra
- PT. Bina Nusantara Perkasa
- Optic Marine Group
- PT. Sarana Global Indonesia (SGI)
- PT. Limin Marine & Offshore
- PT Telkom Infra
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Indonesia subsea cable market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Indonesia subsea cable market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution