Submarine Power And Communication Cables - Notable Projects And Market Highlights

Summary

Submarine cables are vital components of internationally interconnected networks, carrying most international communications traffic. These cables allow for the transmission of massive volumes of data, enabling various internet-based services such as video streaming, voice calls, data transfers, and more. The aftermath of the COVID-19 pandemic has accelerated the need for robust home internet connectivity, leading to increased investments in fiber optic network deployment. Governments, telecommunication companies, and other stakeholders recognize the importance of upgrading and expanding existing infrastructure to meet the demands of a digital-first society.

North America is a hub for international connectivity, and links regions such as Europe, Asia, and South America. Submarine cables facilitate high-capacity data transmission across continents, enabling seamless communication and data exchange. The ever-growing demand for data and the need for high-speed and reliable connectivity drive the demand for submarine cables. With the rising adoption of cloud services, streaming platforms, IoT devices, and digital transformation initiatives, there is a continuous need to expand and upgrade submarine cable networks. Furthermore, submarine cables can connect underserved areas and islands, providing them with reliable internet connectivity. Projects focusing on expanding connectivity to remote regions within North America have the potential for growth and positive social impact.

Notable Projects (Planned/Announced/In-progress)

The rise in the price of raw materials is expected to change from high to moderate impact due to increasing aluminum import regulations by the U.S. government. Aluminum is one of the primary components for manufacturing submarine cables, and mandates implemented by the U.S. government help regulate Aluminum prices, thus governing the market prices.

Furthermore, the rising R&D activities by companies and increasing investments by government bodies in AI are expected to help in more effective utilization of the technology. The continuous development of AI technology improves system efficiency and high-quality output, thereby reducing the dependence on the sole requirement of high-grade raw materials. Additionally, the rise in the availability of the right talent is expected to reduce the impact of increasing the cost of raw materials in the future. This can be attributed to a massive talent pool in countries such as India and China, which helps enterprises access the right talent at affordable remuneration.

Topics Covered in Submarine Power and Communication Cables Study