The global fiber optic cable market size was USD 4.43 Billion in 2021 and is expected to register a revenue CAGR of 11% over the forecast period, according to the latest report by Reports and Data.

The key element driving the global fiber optic cable market revenue growth is rising demand for high bandwidth. Fiber optics have a bandwidth of 1 Gbps. Fiber optic networks, with speeds ranging from 5 Mbps to 100 Gbps, are far faster than the fastest copper Internet connections. When compared to copper cables of the same diameter, fibre optic cables can transport significantly more data and provide a considerable boost in signal bandwidth. A 500-meter-long multimode fibre cable, for example, may transmit 1 GHz since the standard Bandwidth-Distance Product (BDP) for multimode fibre is 500 MHz/km. Furthermore, technical improvements in the telecom business have significantly expanded the adoption of broadband network topologies, which is boosting market revenue growth.

Another element driving revenue growth in the fibre optic cable industry is people's increasing desire for higher speeds. Internet rates of up to 100 Gbps are possible with fibre optic connectivity. These quicker speeds are significant because they prevent internet slowdowns when there is a high demand for internet access. Consumers may expect greater VoIP voice quality, faster data transfers to the cloud, and faster download speeds as a result of fibre optic cable, which is boosting market revenue growth.

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Type Outlook (Revenue, USD Billion; 2019-2030)

• Glass
• Plastic

 Cable Outlook (Revenue, USD Billion; 2019-2030)

• Single-Mode
• Multi-Mode

Application Outlook (Revenue, USD Billion; 2019-2030)

• Communication
  • Telecom
  • Premises
  • Utility
  • Cable Antenna Television
  • Industrial
  • Military
  • Others
• Non-Communication
  • Sensors
  • Fiber Optic Lighting

Deployment Outlook (Revenue, USD Billion; 2019-2030)

• Underground
• Underwater
• Aerial      

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Regional Markets Highlighted in the Global Fiber Optic Cable Market Report:

• North America
  • S.
  • Canada
  • Mexico
• Europe
  • Germany
  • K.
  • Italy
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• Middle East Africa
  • Saudi Arabia
  • A.E.
  • South Africa
  • Rest of Middle East Africa

Top Companies Profiled in the Report:

TE Connectivity, Corning Incorporated, Amphenol Corporation, Infinite Electronics International, Inc., Hitachi Information Telecommunication Engineering, Ltd., Belden Inc., Ratioplast-Electronics, Panduit, RS Components Pte. Ltd Robinson Road, and NEXANS.

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