In December 2024, Asia Direct Cable International Submarine Cable System was launched, it marks a significant milestone in Asia’s Digital transformation journey. This cutting-edge submarine cable system is designed to provide high-capacity, low-latency connectivity across Asia. It empowers business, individuals, and government to thrive in the digital era.
Asia Direct Cable system spans approximately 9.400 kilometers, connecting Japan, China, Singapore, Philippines, Thailand, and Vietnam. This strategic network enables seamless data exchange, innovation, economic growth, and fostering collaboration across the region.
The launch of Asia Direct Cable is timely, as Asia continues to experience rapid digital transformation. The region’s growing demand for cloud computing, digitals services, and e-commerce has created an urgent need for reliable and high speed connectivity. Asia Direct Cable advances submarine cable system is poised to bridge this gap, providing a robust foundation for Asia’s digital future.
With its enhanced capacity and reduced latency, Asia Direct Cable is expected to unlock new opportunities for business, individuals, and governments across Asia. As the region continues to evolve and grow, Asia Direct Cables submarine cable system will play a vital role in supporting Asia digital transformation and connecting communities globally.
Coherent Market Insights states that, the global submarine cables industry is set to surge at a CAGR of 6.3% between 2022 and 2030. The revenue will increase form US$ 7,321.2 million by 2030 from US$ 2,435.3 million in 2021. Growing demand for power generation from offshore plants that makes the use of renewable energy sources will drive demand in the global industry.
Moreover, increasing need for interconnected land will also lead to growth in the global submarine cables industry. Another factor that lead to industry growth is technological up gradation and capacity in transatlantic route. In today’s world the submarine cable industry is innovative and well-informed. It implements practical and versatile solutions that will increasingly demanding in regards to connectivity, reliability, and cost-efficiency.
Advancement made in the technologies in respect to reliability and connectivity will also aid in growth. Additionally, emergence of new application such as IoT, self-driving cars, machine learning, and 5G technology. These factors will enhance great bandwidth which enabled by submarine optical fiber cables.
Growing adoption of internet and rising demand for fast bandwidth speed will aid in surging demand for submarine cables. Also, rising penetration of smart phone due to high rate of internet users will aid in driving demand. Government is forming various strategies to speed up the growth of submarine optical fiber cable network.
In addition, high adoption of optoelectronic devices system will allow for acoustic frequency strain signals that can be detected over long distance and in harsh conditions. Thus, the maintenance of submarine optical fiber cable system is reliable and easy. All of these factors will aid in fueling growth in the global submarine cable industry.