The global Submarine Cables Market is estimated to be valued at US$ 2,435.3 Mn in 2021 and is expected to exhibit a CAGR of 6.3% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights.A) Market Overview:The Submarine Cables Market refers to the extensive network of cables laid underneath the ocean to facilitate the transmission of...
SWOT AnalysisStrength: Optical networks offer high speed data transmission, scalable bandwidth and reliable connectivity. It has demand from telecom operators and data centers for backhaul networks.Weakness: High initial investment cost for network deployment. Rapid technology changes require frequent infrastructure upgrade.Opportunity: Increasing mobile data usage, 5G deployment and cloud...