World’s Top 60 Companies in Submarine Cable Infrastructure in 2025 Watchlist: Statistical Report (2024-2035)

RELEASE DATE: Aug 2025 Author: Spherical Insights
According to a research report published by Spherical Insights & Consulting, The Global Submarine Cable Infrastructure Market Size is Projected To Grow from USD 17.96 Billion in 2024 to USD 52.40 Billion by 2035, at a CAGR of 10.22% during the forecast period 2025-2035.

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According to a research report published by Spherical Insights & Consulting, The Global Submarine Cable Infrastructure Market Size is Projected To Grow from USD 17.96 Billion in 2024 to USD 52.40 Billion by 2035, at a CAGR of 10.22% during the forecast period 2025-2035. The market for submarine cable infrastructure offers several prospects, including growing intercontinental connections, offshore wind energy transmission, fibre-optic advancements, cloud-based data centres, 5G network expansion, and government-backed digital infrastructure plans.

 

 

Introduction

Submarine cable infrastructure refers to the worldwide industry focused on the design, construction, and maintenance of underwater cable systems for telecommunications and power transmission. The market for submarine cables is expanding quickly because of the rising need for offshore energy distribution, transcontinental communication, and high-speed data transfer. Internet services, cloud computing, renewable energy, and international trade are just a few of the industries that depend on these connections. The efficiency, dependability, and overall performance of networks are improved by technological developments in fibre optics and cable endurance. Major growth drivers include the demand for power grid interconnections and energy security, as well as the rise in cloud services, offshore wind energy projects, and rising data traffic. About 90% of all data traffic worldwide is carried by submarine communication cables, which are essential for over-the-top (OTT) and internet behemoths like Google, Amazon, Facebook, and Microsoft due to their terabit-per-second capacity. Additional factors driving market expansion include investments in high-capacity, low-latency infrastructure, network resilience, and cross-border communications. Cable networks are protected by regulations such as project approvals and safety zones. The submarine cable business is expected to continue developing and innovating due to rising global infrastructure investment and the increased emphasis on uninterrupted communication. 

 

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The insights presented in this blog are derived from comprehensive market research conducted by Spherical Insights LLP, a trusted advisory partner to leading global enterprises. Backed by in-depth data analysis, expert forecasting, and industry-specific intelligence, our reports empower decision-makers to identify strategic growth opportunities in fast-evolving sectors. Clients seeking detailed market segmentation, competitive landscapes, regional outlooks, and future investment trends will find immense value in the full report. By leveraging our research, businesses can make informed decisions, gain a competitive edge, and stay ahead in the transition toward sustainable and profitable solutions.

 

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Submarine Cable Infrastructure Market Size & Statistics

  • The Market Size for Submarine Cable Infrastructure Was Estimated to be worth USD 17.96 Billion in 2024.
  • The Market Size is Going to Expand at a CAGR of 10.22% between 2025 and 2035.
  • The Global Submarine Cable Infrastructure Market Size is anticipated to reach USD 52.40 Billion by 2035.
  • Asia Pacific is expected to generate the highest demand during the forecast period in the Submarine Cable Infrastructure Market
  • North America is expected to grow the fastest during the forecast period in the Submarine Cable Infrastructure Market.

 

 

Regional growth and demand

North America is expected to grow the fastest during the forecast period in the submarine cable infrastructure market. The rapid use of cloud-based services is driving market expansion in North America. The deployment of intelligent underwater cable networks is another factor driving the market's growth in North America. The North American submarine cable infrastructure market is anticipated to grow rapidly due to the rising demand for high-speed data transmission, rising investments in offshore wind projects, and expanding cloud computing infrastructure.  

 

Asia Pacific is expected to generate the highest demand during the forecast period in the submarine cable infrastructure market. The Asia-Pacific area has seen a rise in organized wind energy projects in major countries, including China, Japan, and India. Due to its growing industrial investment, China is the market's largest contributor, and Japan is anticipated to hold a dominant position over the forecast period. The presence of major companies in the Asia Pacific area facilitates the market's progress. Another growing market niche that significantly contributes to industry growth is offshore wind power generation. Growth is further stimulated by the Asia Pacific region's expanding digitalization trends and the presence of major technology players. 

 

Top 10 trends in the Submarine Cable Infrastructure Market

  1. Rising Demand for High-Capacity Data Transmission
  2. Growth of Offshore Renewable Energy Projects
  3. Deployment of Next-Generation Fiber Optics
  4. Low-Latency, High-Speed Networks
  5. Expansion of Cross-Border Connectivity
  6. Focus on Network Resilience and Redundancy
  7. Integration of Smart Monitoring & IoT Technologies
  8. Increased Investment by Tech Giants
  9. Regulatory Compliance and Safety Zones
  10. Sustainability and Eco-Friendly Initiatives

 

1. Rising Demand for High-Capacity Data Transmission

The need for underwater cables that can manage massive, high-speed data transfer across continents to ensure continuous worldwide communication and digital services is driven by rising internet usage, cloud computing, and over-the-top (OTT) services.

 

2. Growth of Offshore Renewable Energy Projects

Specialised submarine cables are needed to connect energy infrastructure to onshore grids in an efficient and sustainable manner because offshore wind farms and other maritime energy installations need dependable power and data transmission.

 

3. Deployment of Next-Generation Fiber Optics

Modern fibre optic technologies increase transmission speed, capacity, and signal quality, allowing for larger data volumes and meeting the expanding needs of global enterprise, cloud, and internet communication networks.

 

4. Low-Latency, High-Speed Networks

Investments in high-speed undersea cable systems that lower transmission delays and improve performance for users worldwide are driven by the need for low latency in financial services, gaming, and real-time communications.

 

5. Expansion of Cross-Border Connectivity

In order to promote global digital integration and enhance international trade, economic cooperation, and smooth communication between continents, nations, and businesses are investing in intercontinental cables.

 

Empower your strategic planning:

Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the submarine cable infrastructure market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.

 

Top 14 Companies Leading the Submarine Cable Infrastructure Market

  1. Nexans S.A.
  2. Saudi Ericsson
  3. The Okonite Company
  4. TE Connectivity
  5. Prysmian Group
  6. Apar Industries
  7. Hengtong Group Co
  8. Cablel Group
  9. NEC Corporation
  10. JDR Cable System Ltd
  11. SubCom LLC
  12. Alcatel Submarine Networks
  13. Tele-fonika Kable
  14. Corning Incorporated
  15. Others

 

1. Nexans S.A.

Headquarters: Paris, France

Nexans S.A. is a world leader in the development, production, and distribution of cutting-edge cable systems for data and energy transfer. The business supplies fibre optic, submarine, and high-performance power cables to the energy, transportation, and telecommunications sectors. High-speed data transfer, offshore renewable energy projects, and dependable power grid interconnections are all supported by Nexans' creative solutions. Nexans offers scalable, ecologically friendly cable systems with an emphasis on sustainability, robustness, and technological innovation. The company, which is trusted globally, combines state-of-the-art research with decades of experience to improve network resilience, lower operational risks, and satisfy the increasing need for power and communication infrastructure that is safe, high-capacity, and low-latency.

 

2. Saudi Ericsson

Headquarters: Riyadh, Saudi Arabia

Saudi Ericsson Communications Co. Ltd. offers cutting-edge communication solutions throughout the Middle East and Saudi Arabia. Providing unified communications, IP telephony, radio and microwave systems, transport and data networks, healthcare, and banking communication solutions, it has more than 400 specialists working for it throughout its branches in Riyadh, Jeddah, and Dammam. With ISO certifications, the organisation, which is acknowledged as a Class "A" contractor, places a strong emphasis on safety, quality, and environmental responsibility. With decades of experience, Saudi Ericsson provides on-site support, preventative services, and round-the-clock monitoring to guarantee dependable, high-performance communication infrastructure that is adapted to changing market demands and technological breakthroughs.

 

3. The Okonite Company

Headquarters: Ramsey, New Jersey, USA

The Okonite Company is a top producer of high-performance electrical and communication cables. The business manufactures insulated fibre optic, power, and control cables that are built to last in harsh conditions. Serving utilities, the industrial sector, and commercial infrastructure projects, Okonite offers solutions that facilitate long-distance communication networks, offshore and onshore installations, and efficient energy transmission. With years of experience, the business prioritizes quality, innovation, and adherence to global standards. To fulfil the demands of global infrastructure and energy, Okonite offers scalable, economical, and ecologically friendly cable solutions by combining cutting-edge materials, engineering expertise, and stringent testing.

 

4. TE Connectivity

Headquarters: Galway, Ireland

An international leader in technology, TE Connectivity plc focuses on connection and sensor solutions for the energy, automotive, aerospace, defence, and medical industries. With over 89,000 workers, including 8,000 engineers, the corporation operates in about 140 countries and designs and produces the connectors, sensors, and electronic components needed for dependable systems. TE Connectivity prioritizes innovation, quality, and resilience. Richards Manufacturing was recently acquired to broaden its energy range. Its solutions enable global connectivity, efficiency, and sustainable growth by supporting emerging technologies, key infrastructure, and cutting-edge electronics.

 

5. Prysmian Group

Headquarters: Milan, Italy

Prysmian Group is a world leader in telecom and energy cable systems, including fibre optics, power transmission, and submarine cables. Focussing on innovation, digitalisation, and AI-driven connectivity for infrastructure and renewable energy projects, the company employs some 33,000 people across more than 50 countries. Investing in sustainability and aiming for net-zero emissions, Prysmian has grown through acquisitions such as Channell Commercial Corp. and Encore Wire. Delivering high-performance, long-lasting, and effective cable solutions that support international energy, communication, and industrial applications while keeping up with contemporary infrastructure and technological trends, it is trusted globally.

 

Are you ready to discover more about the Submarine Cable Infrastructure market?

The report provides an in-depth analysis of the leading companies operating in the global submarine cable infrastructure market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:

 

Company Profiles

  1. Nexans S.A.
  • Business Overview
  • Company Snapshot
  • Products Overview
  • Company Market Share Analysis
  • Company Coverage Portfolio
  • Financial Analysis
  • Recent Developments
  • Merger and Acquisitions
  • SWOT Analysis
  1. Saudi Ericsson
  2. The Okonite Company
  3. TE Connectivity
  4. Prysmian Group
  5. Apar Industries
  6. Hengtong Group Co
  7. Cablel Group
  8. NEC Corporation
  9. JDR Cable System Ltd
  10. SubCom LLC
  11. Alcatel Submarine Networks
  12. Tele-fonika Kable
  13. Corning Incorporated
  14. Others

 

Conclusion

The market for submarine cable infrastructure is expanding quickly as businesses leverage robotics, artificial intelligence (AI), and cloud-native platforms to improve supply chain resilience and optimize warehouse operations. Predictive analytics, IoT integration, and real-time visibility are revolutionizing inventory management by facilitating quicker decision-making and better customer satisfaction. Efficiency is largely driven by automation and labour optimization, while sustainability objectives encourage businesses to build energy-efficient warehouses and maximize resource use. Modern WMS solutions offer the intelligence, scalability, and agility needed to satisfy global demand as omnichannel commerce adds complexity. The industry is well-positioned for sustained expansion via innovation and long-term digital change. 

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

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