The growth in subsea cables market is anticipated to grow largely as they are becoming increasingly important to interlink countries and are a source of promoting global economic growth, thereby driving the demand for subsea cables across the globe.
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The major restraint in the global subsea cables market implies to be requirement of dozens of repairs each year, which happens less frequently compared to the terrestrial networks. Fishing and shipping activities are considered as a common threat to the subsea cables. Increasing natural disasters are also posing threat to the concerned industry.
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On the basis of product type, the global subsea cables market is segmented as High Voltage AC Cables and High Voltage DC Cables.
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