openPR Logo
Press release

Fiber Optics Market: Global Industry Analysis, Size, Share, Trends and Forecast 2025 by Suppliers, Key Players and Demand Overview

12-17-2018 05:36 AM CET | Media & Telecommunications

Press release from: Adroit Market Research

Adroit Market Research studied Global Fiber Optics Market Size by Type (Single mode and Multi-mode), by Material Type (Glass and Plastic), by Vertical (Telecommunication & Broadcasting, Networking infrastructure, Oil & Gas, Automotive, Defense & Aerospace, Healthcare, Rail networks, and Others) and by Region.

Request a sample of Fiber Optics Market@ https://www.adroitmarketresearch.com/contacts/request-sample/396

The fiber optics market analysis includes value chain, Porter’s Five Forces analysis, market drivers, restraints, opportunities and key market developments of major players. We have estimated the global fiber optics market growth from 2018 to 2025 based on impactful developments in vital verticals. The study also includes fiber optics market size (USD million) by type, material type and vertical for major countries.

By 2025, the global fiber optics market size is projected to grow to more than USD 30 billion owing to wider adoption by the telecommunication sector. Fiber optics is capable of offering higher bandwidth at reduced attenuation and is suitable for long-haul networks compared to copper wires. These benefits make fiber optics the ideal solution for deployment in 5G and fiber-to-the-home networks by telecoms and are further driving the global fiber optics market growth. Additionally, medical fiber optics application such as endoscopy and laser therapeutics are also expected to surge in demand during the estimated period driving the market growth of global fiber optics market.

Browse the full report @ https://www.adroitmarketresearch.com/industry-reports/fiber-optics-market

The single mode fiber optics market will continue its dominance over multi-mode during the forecast period in global fiber optics market. Single mode fiber optics is capable of higher bandwidth data-transmission over long-haul networks. This is the reason it has been adopted widely in front and backhaul in the next generation of networks such as 5G and fiber to the home. Owing to the explosive growth of the next generation of networks, single mode is expected to have a share of more than 70% in the global fiber optics market.

By the end of 2025, the glass fiber optics segment is anticipated to have a share of >72% in the global fiber optics market as it has been widely deployed for transmission and communication of data. Characteristics such as larger bandwidth capabilities; immunity to interference from electromagnets, radio frequencies & external vibrations and light weight are projected to drive its applications in verticals such as telecom, oil & gas, military & defense and rail networks driving the growth of the global glass fiber optics market.

Increased demand for over the top services (OTT), internet of things (IoT), smart cities and other smart infrastructure has created numerous amount of data, is demanding a higher bandwidth network. Owing to which the telecommunication and broadcasting sector have been investing heavily in the fiber networks to support its high bandwidth networks such as 5G and fiber-to-the-home (FTTH). This coupled with government initiatives from European courtiers such as Spain, Germany and France to achieve the aim of gigabit society, is projected to further increase the fiber adoption in the telecommunication sector. Owing to investments by telecom players and government initiatives, fiber optics in telecommunication is expected to account to more than USD 16 billion by 2025 in the global fiber optics market.

Asia Pacific will continue to be the chief consumer in the global fiber optics market by 2025 and account for nearly half of the total share of the global fiber optics market size. Increased penetration and early adoption to fiber-to-the-home (FTTH) by countries like China, South Korea, and Japan initiated growth of fiber optics market in the region. Further, heavy investments in 5G networks coupled with government initiatives such as Digital China & Broadband China and smart city projects in China are expected to increase fiber optics demand in the region during the estimated period boosting the global fiber optics market.

The global fiber optics market is dominated by players such as Corning Inc., The Prysmian Group, Sterlite Technologies Ltd., Leoni AG, Hitachi Cable Ltd., Birla Furukawa Fibre Optics Limited, YOFC, Optical Cable Corporation, and AFL Telecommunications LLC. Long-term strategic agreements with players from different verticals is a key strategy along with mergers and acquisition of players in global fiber optics market. In April 2017, Verizon Communications Inc. a player in telecommunication announced a three-year minimum purchase agreement with Corning Inc. The agreement calls for Corning Inc. to provide Verizon 20 million kilometers (12.4 million miles) of optical fiber each year from 2018 through 2020.

Segment overview of global fiber optics market

Type Overview, 2015-2025 (USD million)
Single mode
Multi-mode
Material Type Overview, 2015-2025 (USD million)
Glass
Plastic
Application Overview, 2015-2025 (USD million)
Telecommunication and IT
Oil and gas
Automotive
Defense and aerospace
Healthcare
Rail network
Others

Access the info-graphics on Fiber Optics Market @ https://www.adroitmarketresearch.com/infographics/global-fiber-optics-industry

About Us:
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Us:
Ryan Johnson
Account Manager - Global
3131 McKinney Ave Ste 600
Dallas, TX 75204
Email ID: sales@adroitmarketresearch.com
Phone No.:+1 (214) 884-6068
FB: https://www.facebook.com/adroitmarketresearchreports

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fiber Optics Market: Global Industry Analysis, Size, Share, Trends and Forecast 2025 by Suppliers, Key Players and Demand Overview here

News-ID: 1442969 • Views:

More Releases from Adroit Market Research

Electronic Health Records Market Estimated Size Valuation will be USD 47.62 Billion Growing at a CAGR of 6.01% from 2024 to 2032 | Adroit Market Research
Electronic Health Records Market Estimated Size Valuation will be USD 47.62 Bill …
The global Electronic Health Records market reached a value of US$ 30.65 Billion in 2023 and is expected to reach US$ 47.62 Billion by 2032, exhibiting a CAGR of 6.01% during the prediction period of 2023 to 2032. Executive Synopsis: The last few years have seen a notable increase in the global Electronic Health Records market because of technological breakthroughs, rising demand from a variety of industries, and continuous R&D initiatives to
Organic Food Market Size to Reach USD 525.65 Billion at a CAGR of 12.09% by 2032 - Growth Opportunities, Strategic Initiatives, Trends & Innovation | Adroit Market Research
Organic Food Market Size to Reach USD 525.65 Billion at a CAGR of 12.09% by 2032 …
The global Organic Food market reached a value of US$ 170.05 Billion in 2023 and is expected to reach US$ 525.65 Billion by 2032, exhibiting a CAGR of 12.09% during the prediction period of 2023 to 2032. The global Organic Food market report uses methods and major market analysis To give a thorough picture of the market, the global Organic Food market report uses a range of analytical techniques and frameworks. Market
Quantum Computing Market Size to Grow Worth USD 888.5 Million at a CAGR of 33.10% by 2032 - Top Players, Trends, Growth Prospects & Forecast | Adroit Market Research
Quantum Computing Market Size to Grow Worth USD 888.5 Million at a CAGR of 33.10 …
The global Quantum Computing market reached a value of US$ 888.5 Million in 2023 and is expected to reach US$ 12,622.9 Million by 2032, exhibiting a CAGR of 33.10% during the prediction period of 2023 to 2032. What is said in the market report for global Quantum Computing A thorough examination of the market's structure, trends, obstacles, and opportunities is included in the global Quantum Computing market study. A thorough analysis of
Software as a Service Market Size to grow USD 1,230.81 Billion by 2032 | CAGR of 19.5% - Trends, Technical Advancement & Future Prospect - Adroit Market Research
Software as a Service Market Size to grow USD 1,230.81 Billion by 2032 | CAGR of …
The global Software as a Service market reached a value of US$ 275.53 Billion in 2023 and is expected to reach US$ 1,230.81 Billion by 2032, exhibiting a CAGR of 19.5% during the prediction period of 2023 to 2032. Extensive Assessment of COVID-19's Impact on the Worldwide Software as a Service Industry The COVID-19 pandemic had a substantial effect on the global Software as a Service market, altering market dynamics through supply

All 5 Releases


More Releases for USD

Chlorella Market Reach USD 465.85 Million USD by 2030
Market Growth Fueled by Increased Adoption of Plant-Based Proteins and Health Supplements Global Chlorella Market size was valued at USD 303.75 Mn. in 2023 and the total Chlorella revenue is expected to grow by 6.3 % from 2024 to 2030, reaching nearly USD 465.85 Mn. . The growth of the market is majorly due to increase in the consumer awareness about health, the inclination towards plant-based food such as chlorella and
Bamboo Clothing Market: USD 1.83B to USD 3.27B by 2030
Bamboo Clothing Market Poised for Robust Growth with Sustainability and Eco-Friendly Trends Driving Demand The global bamboo clothing market is experiencing substantial growth, spurred by a significant shift towards sustainable fashion and eco-friendly materials. As consumers become increasingly conscious of their environmental impact, bamboo fabric-known for its natural, biodegradable properties-is gaining popularity in the fashion industry. This market is expected to continue its upward trajectory, driven by rising demand for eco-conscious
Biometrics Market: "Biometrics: USD 34.3B to USD 112.4B by 2031"
Biometrics Market Market Scope: Key Insights : Biometrics Market size was valued at USD 34.3 billion in 2022 and is poised to grow from USD 39.1 billion in 2023 to USD 112.4 billion by 2031, growing at a CAGR of 14.1% during the forecast period (2024-2031). Discover Your Competitive Edge with a Free Sample Report :https://www.skyquestt.com/sample-request/biometrics-market Access the full 2024 Market report for a comprehensive understanding @https://www.skyquestt.com/report/biometrics-market In-Depth Exploration of the global Biometrics
Advanced (3D/4D) Visualization Systems Market Size, Trends, Growth, Share to sur …
Fatpos Global has carefully studied specific areas, such as application and product type, in the global Advanced (3D/4D) Visualization Systems Market research study. During the predicted period of 2022 to 2032, each kind gives data on sales. The Advanced (3D/4D) Visualization Systems Market analysis examines into the characteristics and financials of the leading participants. As per the analysis research report, the Advanced (3D/4D) Visualization Systems Market to
$100,000,000 USD job contract for travel - $3,000,000 USD referral commission.
Khoja Consultants invites companies, teams or venture capitalists for a $100,000,000 USD contract for travel. The selected company will be providing all accommodations and expenses for a 6-month long business trip around the world. Khoja Consultants expects five-star treatment including close security with private planes, hotels, secured vehicles and helicopters if necessary. More details on the job contract and application are provided at - www.KhojaConsultants.com. There is a $3,000,000
IOT Solutions Market worth USD 553.9 million USD by 2026
"The global IoT solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa." These days many businesses are adopting a market research report