Middle East & Africa Submarine Cable Systems Market Forecast to 2030

At 13.0% CAGR, Middle East & Africa Submarine Cable Systems Market is Speculated to be Worth US$ 2,989.38 Million by 2030, says the Research Team

According to the Research Team’ research, 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, registering a CAGR of 13.0% from 2022 to 2030. Rise in adoption of cloud-based services, surge in investment in offshore wind power generation and need for reduced latency and reaction time are among the critical factors attributed to drive the Middle East & Africa submarine cable systems market growth.

As businesses widely rely on cloud computing for their operations, the demand for reliable and high-speed connectivity through submarine cables is growing. Cloud-based services have changed the way businesses operate by offering flexible, scalable, and cost-effective solutions. Organizations are leveraging cloud computing and its associated features, such as data storage, software applications, and virtual infrastructure, to streamline their operations and enhance productivity. As the adoption of these services continues to increase, the need for robust and efficient connectivity becomes significant. For instance, in the third quarter of 2023, the three leading cloud providers, namely AWS, Microsoft Azure, and Google Cloud, experienced a collective growth of 20%. This growth rate slightly exceeded the overall market growth, and these providers accounted for 65% of the total spending in the industry. In addition, submarine cable systems play a crucial role in enabling seamless connectivity for cloud-based services. These cables are a major part of global communication networks, transmitting vast amounts of data across countries with unparalleled speed and reliability. With the ever-increasing adoption of cloud computing, submarine cables have become vital infrastructure for businesses to ensure uninterrupted access to cloud-based applications and services. Moreover, cloud computing enables organizations to operate on a global scale, reaching customers and collaborating with partners across borders. Submarine cables help solidify this global connectivity, allowing businesses to leverage cloud-based services efficiently. Thus, the rising adoption of cloud-based services is expected to fuel the submarine cable systems market growth in the coming years.

On the contrary, the high initial investment and deployment costs and damage due to vulnerable climatic conditions hampers the growth of Middle East & Africa submarine cable systems market.

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 86.6% market share in 2022, amassing US$ 971.94 million. It is projected to garner US$ 2,473.46 million by 2030 to register 12.4% CAGR during 2022-2030.

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 45.1% share of Middle East & Africa submarine cable systems market in 2022, amassing US$ 505.91 million. It is anticipated to garner US$ 1,377.36 million by 2030 to expand at 13.3% CAGR during 2022-2030.

By application, the Middle East & Africa submarine cable systems market is bifurcated into communication and energy & power. The communication segment held 83.5% share of Middle East & Africa submarine cable systems market in 2022, amassing US$ 938.08 million. It is projected to garner US$ 2,445.31 million by 2030 to expand at 12.7% CAGR from 2022 to 2030.

Based on type, the Middle East & Africa submarine cable systems market is bifurcated into single core and multi-core. The single core segment held 64.3% share of Middle East & Africa submarine cable systems market in 2022, amassing US$ 721.59 million. It is predicted to garner US$ 1,857.91 million by 2030 to expand at 12.5% CAGR between 2022 and 2030.

Based on country, the Middle East & Africa submarine cable systems market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa captured 57.8% share of Middle East & Africa submarine cable systems market in 2022. It was assessed at US$ 649.09 million in 2022 and is likely to hit US$ 1,949.53 million by 2030, registering a CAGR of 14.7% during 2022-2030.

Key players operating in the Middle East & Africa submarine cable systems market are SubCom, LLC; Prysmian SpA; Alcatel Submarine Networks; Nexans SA; NEC Corp; Mitsubishi Electric Corp; Fujitsu Ltd; Vodafone Group Plc; and HMN Technologies Co., Ltd.; among others.

In July-2022, HMN Tech announced that it realized the marine deployment of the Senegal Horn of Africa Regional Express (SHARE) submarine cable system, with landfalls in both Senegal and Cape Verde.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa submarine cable systems market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa submarine cable systems market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa submarine cable systems market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Submarine Cable Systems Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Component Providers:
4.2.2 Manufacturers:
4.2.3 Distributors or Suppliers:
4.2.4 End User:
4.3 Submarine Cable System (List of Projects)
4.4 Submarine Cable System Market: Pricing Analysis
5. Middle East & Africa Submarine Cable Systems Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Data Traffic
5.1.2 Surge in Investment in Offshore Wind Power Generation
5.1.3 Need for Reduced Latency and Reaction Time
5.2 Market Restraints
5.2.1 Damage Due to Vulnerable Climatic Conditions
5.3 Market Opportunities
5.3.1 Rising Investments in Submarine Cable Infrastructure
5.3.2 Growing Number of Projects Based on HVDC Power Transmission Technology
5.4 Future Trends
5.4.1 Rise in Adoption of Cloud-based Services
5.5 Impact of Drivers and Restraints:
6. Submarine Cable Systems Market – Middle East & Africa Market Analysis
6.1 Overview
6.2 Submarine Cable Systems Market Revenue (US$ Million), 2020-2030
6.3 Submarine Cable Systems Market Forecast Analysis
7. Middle East & Africa Submarine Cable Systems Market Analysis – by Services
7.1 Installation Services
7.1.1 Overview
7.1.2 Installation Services: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Maintenance and Upgradation
7.2.1 Overview
7.2.2 Maintenance and Upgradation: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Submarine Cable Systems Market Analysis – by Cable Capacity
8.1 Less than 10 Tb/S
8.1.1 Overview
8.1.2 Less than 10 Tb/S: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
8.2 10 – 20 Tb/S
8.2.1 Overview
8.2.2 10 – 20 Tb/S: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
8.3 20-30 Tb/S
8.3.1 Overview
8.3.2 20-30 Tb/S: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
8.4 More than 30Tb/S
8.4.1 Overview
8.4.2 More than 30Tb/S: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Submarine Cable Systems Market Analysis – by Application
9.1 Communication
9.1.1 Overview
9.1.2 Communication: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
9.2 Energy and Power
9.2.1 Overview
9.2.2 Energy and Power: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
10. Middle East & Africa Submarine Cable Systems Market Analysis – by Type
10.1 Single Core
10.1.1 Overview
10.1.2 Single Core: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
10.2 Multi Core
10.2.1 Overview
10.2.2 Multi Core: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
11. Middle East & Africa Submarine Cable Systems Market – Country Analysis
11.1 Middle East & Africa Market Overview
11.1.1 Middle East & Africa: Submarine Cable Systems Market, By Key Country – Revenue 2022 (US$ Million)
11.1.2 Middle East & Africa: Submarine Cable Systems Market – Revenue and Forecast Analysis – by Country
11.1.2.1 Middle East & Africa: Submarine Cable Systems Market – Revenue and Forecast Analysis – by Country
11.1.2.2 South Africa: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
11.1.2.2.1 South Africa: Submarine Cable Systems Market Breakdown, by Services
11.1.2.2.2 South Africa: Submarine Cable Systems Market Breakdown, by Cable Capacity
11.1.2.2.3 South Africa: Submarine Cable Systems Market Breakdown, by Application
11.1.2.2.4 South Africa: Submarine Cable Systems Market Breakdown, by Type
11.1.2.3 Saudi Arabia: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
11.1.2.3.1 Saudi Arabia: Submarine Cable Systems Market Breakdown, by Services
11.1.2.3.2 Saudi Arabia: Submarine Cable Systems Market Breakdown, by Cable Capacity
11.1.2.3.3 Saudi Arabia: Submarine Cable Systems Market Breakdown, by Application
11.1.2.3.4 Saudi Arabia: Submarine Cable Systems Market Breakdown, by Type
11.1.2.4 United Arab Emirates: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
11.1.2.4.1 United Arab Emirates: Submarine Cable Systems Market Breakdown, by Services
11.1.2.4.2 United Arab Emirates: Submarine Cable Systems Market Breakdown, by Cable Capacity
11.1.2.4.3 United Arab Emirates: Submarine Cable Systems Market Breakdown, by Application
11.1.2.4.4 United Arab Emirates: Submarine Cable Systems Market Breakdown, by Type
11.1.2.5 Rest of Middle East & Africa: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
11.1.2.5.1 Rest of Middle East & Africa: Submarine Cable Systems Market Breakdown, by Services
11.1.2.5.2 Rest of Middle East & Africa: Submarine Cable Systems Market Breakdown, by Cable Capacity
11.1.2.5.3 Rest of Middle East & Africa: Submarine Cable Systems Market Breakdown, by Application
11.1.2.5.4 Rest of Middle East & Africa: Submarine Cable Systems Market Breakdown, by Type
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
13. Company Profiles
13.1 SubCom, LLC
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Prysmian SpA
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Alcatel Submarine Networks
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Nexans SA
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 NEC Corp
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Mitsubishi Electric Corp
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 HMN Technologies Co., Ltd.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Fujitsu Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Vodafone Group Plc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Financial Overview
13.9.4 SWOT Analysis
13.9.5 Key Developments
14. Appendix
14.1 Word Index
14.2 About the the Reporting Teams

LIST OF TABLES

Table 1. Submarine Cable Systems Market segmentation
Table 2. List of Vendors in the Value Chain:
Table 3. Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
Table 4. Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million) – by Services
Table 5. Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million) – by Cable Capacity
Table 6. Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 7. Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million) – by Type
Table 8. Middle East & Africa: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 9. South Africa: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million) – by Services
Table 10. South Africa: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million) – by Cable Capacity
Table 11. South Africa: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million) – by Application
Table 12. South Africa: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 13. Saudi Arabia: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million) – by Services
Table 14. Saudi Arabia: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million) – by Cable Capacity
Table 15. Saudi Arabia: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million) – by Application
Table 16. Saudi Arabia: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 17. United Arab Emirates: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million) – by Services
Table 18. United Arab Emirates: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million) – by Cable Capacity
Table 19. United Arab Emirates: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million) – by Application
Table 20. United Arab Emirates: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 21. Rest of Middle East & Africa: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million) – by Services
Table 22. Rest of Middle East & Africa: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million) – by Cable Capacity
Table 23. Rest of Middle East & Africa: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million) – by Application
Table 24. Rest of Middle East & Africa: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 25. List of Abbreviation

LIST OF FIGURES

Figure 1. Submarine Cable Systems Market segmentation, by Country
Figure 2. Ecosystem: Submarine Cable Systems Market
Figure 3. Submarine Cable Systems Market – Key Market Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Submarine Cable Systems Market Revenue (US$ Million), 20220-2030
Figure 6. Submarine Cable Systems Market Share (%) – by Services (2022 and 2030)
Figure 7. Installation Services: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Maintenance and Upgradation: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Submarine Cable Systems Market Share (%) – by Cable Capacity (2022 and 2030)
Figure 10. Less than 10 Tb/S: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. 10 – 20 Tb/S: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. 20 – 30 Tb/S: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. More than 30Tb/S: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Submarine Cable Systems Market Share (%) – by Application (2022 and 2030)
Figure 15. Communication: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Energy and Power: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Submarine Cable Systems Market Share (%) – by Type (2022 and 2030)
Figure 18. Single Core: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Multi Core: Submarine Cable Systems Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Middle East & Africa: Submarine Cable Systems Market, By Key Country – Revenue 2022 (US$ Million)
Figure 21. Middle East & Africa: Submarine Cable Systems Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 22. South Africa: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million)
Figure 23. Saudi Arabia: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million)
Figure 24. United Arab Emirates: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million)
Figure 25. Rest of Middle East & Africa: Submarine Cable Systems Market – Revenue and Forecast to 2030(US$ Million)