Fiber Optic Cable Industry Professional Survey Report 2030



The global Fiber Optic Cable Industry is growing rapidly, witnessing vast demand for various applications, including computer networking, broadcasting, medical scanning, and military equipment. Fiber optic cable cables are predominantly used in telecom and data management (internet service providing companies) to carry information over long distances superior to copper cables with higher bandwidth and no signal loss or interference.

Fiber optic cables offer high bandwidth allowing more data at the lighting speed. Besides growing opportunities in the healthcare sector, such as endoscopic imaging applications and biomedical sensing applications boost the market growth. The market is projected to garner substantial prominence. According to Market Research Future (MRFR), the global Fiber Optic Cable Industry is expected to evaluate exponentially by 2027, registering a significant CAGR during the forecast period (2020-2027). 

Click Here to Get Sample Premium Report @ https://www.marketresearchfuture.com/sample_request/1072

Global Fiber Optic Cable Industry - Segments

The market is bifurcated into types, applications, and regions. The type segment is sub-segmented into single-mode and multi-mode. The application segment is sub-segmented into submarine cable, long-distance communication, local mobile metro network, cable television (CATV), fiber to the X (FTTX), local access networks, and others. The region segment is sub-segmented into North America, Europe, Asia Pacific (APAC), and the Rest-of-the-World (RoW).

Fiber Optic Cable to Become an Alternative to Satellite Communication

Demand for high-speed internet is a major tailwind behind the market growth. Also, the market is mainly driven by the rising demand for fiber optic cables and high-speed internet as traditional wires cannot meet the expectation. Growing countries that are adopting the new technology for high-speed internet are creating huge market demand. Major opportunities in the market are technological advances leading to an increase in the data transmission rate and factors & trends defining the telecommunications industry across the globe.

Additionally, fiber optic cable empowers data transmission, which along with the growing adoption of cloud computing, data transfer & storage, and IoT, fuels the market's growth. Vast consumption of fiber optics cable components such as optical connectors, adapters, optical assemblies, optical backplanes, optical circuitry, termination kits, and tooling fosters market growth.

Global Fiber Optic Cable Industry - Competitive Analysis 

The market appears to be highly competitive and diversified, with the presence of a large number of players having a global presence. These players focus on optimizing situational awareness for customers and ensure their mission success.  

Global Fiber Optic Cable Industry - Regional Analysis 

North America dominates the global Fiber Optic Cable Industry. The largest market share attributes to the vast demand for high-speed internet bandwidth.

Major Players:

Players active in the Fiber Optic Cable Industry include ZTT International Limited (India), Hengtong (China), Nexans SA (France), TongDing, Group Co., Ltd. (China), Fiber Home (China), Belden (US), Futong (Hong Kong), SterliteTech (India), Kaile Science and Technology Co, Ltd. (China), Corning Inc. (US), CommScope Inc. (US), FOLAN (UK), Prysmian Cables & Systems Limited (UK), FUJIKURA LTD. (Japan), YOFC (China), Jiangsu Fasten Company Limited (China), Furukawa Electric Co. Ltd. (Japan), and Sumitomo Electric, Ltd. (Japan), among others. 

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/fibre-optic-cable-market-1072

Industry/Innovation/Related News:

July 22, 2021 – Comcast (the US), a telecommunications company, announced that it can now pinpoint fiber optic cable breaks within minutes. The company has also been able to figure out how to build redundancies into the network to hold up in the case of accidents, such as a backhoe operator cutting a fiber-optic cable. Comcast states that investments in artificial intelligence software and network capacity have helped it meet internet traffic demand during the pandemic.

Trending Reports:

Contact:          

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

Smart Grid Market Reports Research Report Forecasts 2030

Image
The   Smart Grid Market Reports   is growing at a rapid pace. The market growth attributes to increasing government initiatives to improve power generation. Besides, heavy investments by the smart grid's key players, alongside the rising smart city projects and the need for controlled grid mechanisms, substantiate the market growth. Moreover, government initiatives for smart meter roll-outs escalate market demand. Click Here to Get Sample Premium Report @   https://www.marketresearchfuture.com/sample_request/1110 According to a leading research firm Market Research Future (MRFR), the global Smart Grid Market Reports is expected to create a valuation of USD 52 BN by 2023, registering approximately 20% CAGR during the forecast period (2018 – 2023). Increasing demand for renewable energy sources and improved grid reliability positively impact the growth of the market. Moreover, the increasing integration of smart meters accelerates market demand, improving power distribution...
Read more

Edutainment Market Size- Industry Share, Growth, Trends and Forecast 2027

Image
According to Market Research Future (MRFR), the global   Edutainment Market   is projected to cross USD 10.11 billion at a CAGR of 11.61% from 2018 to 2025 (forecast period). The research report explains and discusses the impact of the COVID-19 outbreak on the global market, including opportunities and challenges, drivers, and risks. Edutainment, a blend of education and entertainment, refers to software and technology that incorporates entertainment and education. These technologies and products make education more appealing to students. This technology is available in a number of ways. Educational centers such as science exhibitions, botanical gardens, aquariums, and children's museums provide both education and entertainment. Click Here to Get Sample Premium Report @  https://www.marketresearchfuture.com/sample_request/8291 Market Dynamics: Developing trends in the industry in terms of time related to learning while entertainment and the introduction of new technology ...
Read more

IT Operation Analytics Market Professional Survey Report 2027

  Market Analysis  The  IT Operation Analytics Market  will touch USD 26 billion at a 39% CAGR in the forecast period 2017- 2023, as per the new Market Research Future analysis. In the field of IT, IT operational analytics is a method or approach to retrieve, report, and analyze data for IT operations. They are primarily used for discovering complex patterns in high volumes of noisy IT system availability as well as performance data.  Click Here to Get Sample Premium Report @   https://www.marketresearchfuture.com/sample_request/5916 Various factors are fuelling the global IT operation analytics market. As per the recent MRFR market estimates, such factors include the increasing need for IT operation analytics solutions, growing need for real-time analytics owing to huge amount of data, the proliferation of huge amount of IT operations data, increasing focus on adoption of cloud-based IT operation analytics, frequent changes in IT operations, limited invest...
Read more