The global submarine cables market is anticipated to grow at a CAGR of 5.5% during the forecast period. In July 2022, NTT Ltd., Japan Corp., and PC Landing Corp. announced the launch of the new company, Seren Juno Network Co., Ltd. for constructing and operating “JUNO”, the new trans-Pacific submarine cable system that links the US and […]
Tag Archives: Submarine Cables Market
The global submarine cable market is valued at US $ 21.3 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 7% from 2021 to 2027. OTT providers that meet the requirements are the main drivers of the market. Submarine cables are widely used in power and communications applications. […]