The global fiber optic cable market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). A fiber optic is a stable, transparent, and flexible cylindrical cable that is applicable to transmit data and information from one end to other. In the telecommunication sector, fiber optic cable plays a vital role owing to its enhanced bandwidth solutions and easy management of increasing data traffic in various end-user applications including internet, computer network, e-commerce, multimedia, and others.
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Increasing adoption of fiber optic cable in data centers, IT sectors, and network securities centers to work as a transmission medium for handling the vast amount of data and information is contributing as a major factor for the growth of the global fiber optic cable market. Additionally, the rising adoption of fiber-to-the-home (FTTH) connectivity, increasing implementation of networking devices, growing smartphones subscribers, and increased demand from the IT & telecom sector are anticipated to drive the fiber optic cable market across the globe during the forecast period.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Fiber Optic Cable Market Report Segment
By Fiber Type
o Glass Optical Fiber
o Plastic Optical Fiber
By Cable Type
o Single-mode
o Multi-mode
By Application
o BFSI
o IT & Telecom
o Aerospace and Defense
o Manufacturing
o Others
Global Fiber Optic Cable Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
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