Optical Fiber Market Size, Top Players, and Forecast by 2030
Optical Fiber Market: Strategic Insights
Optical Fiber Market
-
CAGR (2022 - 2030)9.1% -
Market Size 2022
US$ 9.32 Billion -
Market Size 2030
US$ 18.76 Billion
Market Dynamics
GROWTH DRIVERS
- Increase in Adoption of Fiber-to-the- Home (FTTH) Connectivity
- Widespread Implementation of 5G
- Rise in Investments in Optical Fiber Cable (OFC) Network Infrastructure
FUTURE TRENDS
- Adoption of Machine Learning (ML) and Artificial Intelligence (AI)
- Expansion of Telecommunication Infrastructure
OPPORTUNITIES
- Emergence of Wavelength Division Multiplexing (WDM) in Optical Fiber
Key Players
- Corning Inc
- Prysmian SpA
- Jiangsu Zhongtian Technology Co Ltd
- Yangtze Optical Fibre and Cable Joint Stock Ltd
- Fiberhome Telecommunication Technologies Co Ltd
- Furukawa Electric Co Ltd
- CommScope Holding Co Inc
- Nexans SA
- Sumitomo Electric Industries Ltd
- Coherent Corp
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Step Indexed Optical Fiber
- Graded Indexed Optical Fiber
Mode
- Single Mode and Multi-Mode
Composition
- Glass and Plastic
End-User
- Telecom and Networking
- Industrial Automation
- Medical
- Defense