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Maritime internet drives global trade
Underwater cables are the main backbone of global internet communications, carrying more than 99% of data traffic across oceans and playing a vital role in facilitating international trade and defending digital infrastructure. This technology has evolved from copper wires to advanced fiber-optic networks, with increasing reliance on major companies like NEC and Nexans. The maritime cable market is expected to exceed a value of $34 billion by 2030. These critical networks face high risks, especially in the Strait of Hormuz, where the cutting of a single cable can cause daily economic losses of up to $8 million.
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