Top Submarine Cable Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Submarine Cable Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Submarine Cable industry players.

Submarine Cable Market Competitive Landscape

Surging demand for high-speed data transmission and internet around the world is what is creating most growth opportunities for submarine cable companies. These companies are engaged in extensive research and development efforts to design and manufacture cutting-edge submarine cable systems that can meet the growing data demands of businesses and consumers. Additionally, several regional players and consortiums also play a significant role in the market, collaborating on large-scale submarine cable projects. The market's competitiveness is further fueled by the need for continuous innovation in cable technology, as well as ongoing investments in network infrastructure expansion to serve underserved regions. As the global demand for data connectivity continues to surge, competition in the submarine cable market is expected to remain fierce, with companies vying to secure contracts for major undersea cable projects and strengthen their position in this critical telecommunications sector.

Top Players in Submarine Cable Market

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

Submarine Cable Market

REPORT OVERVIEW BUY NOW

REQUEST FOR SAMPLE

Want to customize this report? REQUEST FREE CUSTOMIZATION

FAQs

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). 

Surging demand for high-speed data transmission and internet around the world is what is creating most growth opportunities for submarine cable companies. These companies are engaged in extensive research and development efforts to design and manufacture cutting-edge submarine cable systems that can meet the growing data demands of businesses and consumers. Additionally, several regional players and consortiums also play a significant role in the market, collaborating on large-scale submarine cable projects. The market's competitiveness is further fueled by the need for continuous innovation in cable technology, as well as ongoing investments in network infrastructure expansion to serve underserved regions. As the global demand for data connectivity continues to surge, competition in the submarine cable market is expected to remain fierce, with companies vying to secure contracts for major undersea cable projects and strengthen their position in this critical telecommunications sector. 'Prysmian Group (Italy) ', 'Nexans (France) ', 'NKT A/S (Denmark) ', 'Hengtong Group (China) ', 'Zhongtian Technology Submarine Cable Co., Ltd. (ZTT) (China) ', 'LS Cable & System (South Korea) ', 'Sumitomo Electric Industries, Ltd. (Japan) ', 'Furukawa Electric Co., Ltd. (Japan) ', 'Orient Cable (Ningbo Orient Wires & Cables Co., Ltd.) (China) ', 'Jiangsu Zhongtian Technology Co., Ltd. (China) ', 'HMN Technologies Co., Ltd. (China) ', 'IT International Telecom Inc. (Canada) ', 'S.B. Submarine Systems Co., Ltd. (SBBS) (China) ', 'Xtera Communications, Inc. (USA) ', 'Kokusai Cable Ship Co., Ltd. (Japan) ', 'Fujitsu Limited (Japan) ', 'NEC Corporation (Japan) ', 'Telefonica S.A. (Spain) ', 'Huawei Marine Networks Co., Limited (China) '

Increasing Data Traffic: Growing use of streaming services, smartphones, and cloud applications has resulted in a high amount of data traffic on a global level and this is projected to boost demand for submarine cables over the coming years. High demand for better telecommunications and internet from people and enterprises will also boost submarine cable market growth.

Rapid Expansion of Submarine Cable Networks: Growing digitization around the world is boosting the demand for high-speed internet on a global scale and this is projected to promote sales of submarine cables in the future. High investments in the development of new data transmission and internet cable networks especially in developing regions such as Africa and Asia Pacific are estimated to boost market growth.

The Asia Pacific region accounts for a dominant share of the global submarine cable market share owing to the surging demand for high-speed internet and increasing investments of tech companies in this region. Surging deployment of offshore wind farms in this region is also projected to contribute to the growing demand for submarine cables in this region. China, India, and Japan are estimated to be the top markets in this region for submarine cable companies across the forecast period.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Submarine Power Cable Market
Buy Now GET FREE SAMPLE
Cable Laying Vessel Market
Buy Now GET FREE SAMPLE
Cable Assembly Market
Buy Now GET FREE SAMPLE
Cable Management Market
Buy Now GET FREE SAMPLE
Offshore Wind Cable Market
Buy Now GET FREE SAMPLE
Cable Ties Market
Buy Now GET FREE SAMPLE
Cable Management System Market
Buy Now GET FREE SAMPLE
Subsea System Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Submarine Cable Market
Submarine Cable Market

Report ID: SQMIG25F2002

sales@skyquestt.com
USA +1 351-333-4748

BUY NOW GET FREE SAMPLE