TECHGuru

  Global Marine Cables and Connectors Market: Snapshot Ever since the first underwater cable was implemented in 1850 to deliver telegraphy traffic, marine cables and connectors have been playing a vital role in the integration of various sub-systems and systems across a number of industry verticals. In the recent years, the vast rise in the demand for reliable high performance, connectivity, and efficiency has been enhancing the growth of the marine cables and connectors market. Fiber-optic cables are being widely adopted in the telecommunication industry due to their advantages such as efficient data transfer and high-speed data transfer capabilities. The global marine cables and connectors market was estimated at US$ 8869.8 Mn in the year of 2016 and is anticipated to expand at a CAGR of 5.3% throughout the forecast year from 2017 to 2025. Cables to Continue to Account for Higher Share in Revenue The global marine cables and connectors market has been segmented on the basis of t...