Characteristics of Submarine Cables
by Tony De Rosa – Frigeco USA
The global submarine cable system market size is expected to reach US$22.0 billion by 2025 from US$13.0 billion in 2020 at an 11.1% CAGR. The growth of the submarine cable system industry can be attributed to the surge in global bandwidth demand, increasing internet connection worldwide, rising new offshore wind capacity additions and growing demand for intercountry and island connections.