Middle East & Africa Submarine Cable Systems Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2030

Analysis - by Services (Installation Services and Maintenance & Upgradation), Cable Capacity (Less than 10 Tb/S, 10 - 20 Tb/S, 20-30 Tb/S, and More than 30Tb/S), Application (Communication and Energy & Power), and Type (Single Core and Multi Core)

No. of Pages: 107    |    Report Code: BMIRE00030475    |    Category: Electronics and Semiconductor

Available Report Formats

pdf-format excel-format pptx-format
Buy Now
Middle East & Africa Submarine Cable Systems Market
Free Sample Buy Now

The Middle East & Africa submarine cable systems market was valued at US$ 1,122.89 million in 2022 and is expected to reach US$ 2,989.38 million by 2030; it is estimated to register a CAGR of 13.0% from 2022 to 2030.

Need for Reduced Latency and Reaction Time Bolsters Middle East & Africa Submarine Cable Systems Market



In today's digital landscape, enterprises and cloud service providers are increasingly focused on delivering quick and seamless access to data for their users. To achieve this, they are establishing servers in proximity to their users, reducing the distance required for the data to travel and minimizing latency. Latency is the delay or time lag between a user's action and the response from a web application or the time it takes for a data packet to travel round trip. High latency can negatively impact user experience, causing delays and inefficiencies in network performance. By minimizing the physical distance between users and servers, submarine cables can help reduce latency and improve reaction time. Hence, businesses are investing in the development of submarine cable systems to expand and improve their data transmission capabilities. For instance, according to Economic Times, the investment in global submarine cable systems is expected to reach ~US$ 8 billion over the next three years i.e, by the year 2024. Such investment in submarine cable systems plays a crucial role in connecting offshore data centers and servers to onshore grids, enabling faster and more efficient data transfer. Thus, the growing need for reduced latency and reaction time drives the market.

Middle East & Africa Submarine Cable Systems Market Overview



The Middle East & Africa submarine cable systems market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa. The rise in offshore oil & gas exploration activities in countries such as Angola is leading to the market growth in the region. The need for reliable and efficient communication infrastructure to support these activities drives the demand for submarine cable systems. The rising demand for inter-country and island power connections also drives the submarine power cable market in the region. Submarine power cables play a key role in transmitting electricity across various water bodies, enabling efficient power distribution. Furthermore, the Middle East & Africa is witnessing a digital transformation, with a focus on improving connectivity and expanding access to digital services. Projects such as the Equiano submarine cable linking Africa to Europe and the increased capacity of the EASSy submarine cable system contribute to meeting the surging digital demands in the region.

Middle East & Africa Submarine Cable Systems Market Revenue and Forecast to 2030 (US$ Million)



Middle East & Africa Submarine Cable Systems Market Revenue and Forecast to 2030 (US$ Million)
Get more information on this report

Middle East & Africa Submarine Cable Systems Strategic Insights

Strategic insights for the Middle East & Africa Submarine Cable Systems provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

strategic-framework/middle-east-and-africa-submarine-cable-systems-market-strategic-framework.webp
Get more information on this report

Middle East & Africa Submarine Cable Systems Report Scope

Report Attribute Details
Market size in 2022 US$ 1,122.89 Million
Market Size by 2030 US$ 2,989.38 Million
Global CAGR (2022 - 2030) 13.0%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Services
  • Installation Services
  • Maintenance & Upgradation
By Cable Capacity
  • Less than 10 Tb/S
  • 10-20 Tb/S
  • 20-30 Tb/S
  • More than 30Tb/S
By Type
  • Single Core
  • Multi Core
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • SubCom, LLC
  • Prysmian SpA
  • Alcatel Submarine Networks
  • Nexans SA
  • NEC Corp
  • Mitsubishi Electric Corp
  • HMN Technologies Co., Ltd.
  • Fujitsu Ltd
  • Vodafone Group Plc
    		•
    Get more information on this report

    Middle East & Africa Submarine Cable Systems Regional Insights

    The geographic scope of the Middle East & Africa Submarine Cable Systems refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

    geography/middle-east-and-africa-submarine-cable-systems-market-geography.webp
    Get more information on this report

    Middle East & Africa Submarine Cable Systems Market Segmentation 



    The Middle East & Africa submarine cable systems market is categorized into services, cable capacity, application, type, and country.

    Based on services, the Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa submarine cable systems market in 2022.

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

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

    By country, the Middle East & Africa submarine cable systems market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa submarine cable systems market share in 2022.

    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 Middle East & Africa submarine cable systems market.

    Identical Market Reports with other Region/Countries

    The List of Companies - Middle East & Africa Submarine Cable Systems Market

    1. SubCom, LLC 
    2. Prysmian SpA 
    3. Alcatel Submarine Networks 
    4. Nexans SA 
    5. NEC Corp 
    6. Mitsubishi Electric Corp 
    7. HMN Technologies Co., Ltd. 
    8. Fujitsu Ltd 
    9. Vodafone Group Plc 

    Frequently Asked Questions
    How big is the Middle East & Africa Submarine Cable Systems Market?

    The Middle East & Africa Submarine Cable Systems Market is valued at US$ 1,122.89 Million in 2022, it is projected to reach US$ 2,989.38 Million by 2030.

    What is the CAGR for Middle East & Africa Submarine Cable Systems Market by (2022 - 2030)?

    As per our report Middle East & Africa Submarine Cable Systems Market, the market size is valued at US$ 1,122.89 Million in 2022, projecting it to reach US$ 2,989.38 Million by 2030. This translates to a CAGR of approximately 13.0% during the forecast period.

    What segments are covered in this report?

    The Middle East & Africa Submarine Cable Systems Market report typically cover these key segments-

    • Services (Installation Services, Maintenance & Upgradation)
    • Cable Capacity (Less than 10 Tb/S, 10-20 Tb/S, 20-30 Tb/S, More than 30Tb/S)
    • Type (Single Core, Multi Core)

    What is the historic period, base year, and forecast period taken for Middle East & Africa Submarine Cable Systems Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Submarine Cable Systems Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2030
    • Who are the major players in Middle East & Africa Submarine Cable Systems Market?

    The Middle East & Africa Submarine Cable Systems Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • SubCom, LLC
  • Prysmian SpA
  • Alcatel Submarine Networks
  • Nexans SA
  • NEC Corp
  • Mitsubishi Electric Corp
  • HMN Technologies Co., Ltd.
  • Fujitsu Ltd
  • Vodafone Group Plc
    • Who should buy this report?

    The Middle East & Africa Submarine Cable Systems Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Middle East & Africa Submarine Cable Systems Market value chain can benefit from the information contained in a comprehensive market report.

    middle-east-and-africa-submarine-cable-systems-market