Single-mode Optical Fiber Market by 2025 with Prominent Key players CommScope, Corning Inc., FiberHome, Fujikura Ltd., Furukawa Electronic Co. Ltd., Nexans S.A., Sumitomo Electric Industries Ltd

The global single-mode optical fiber market was valued at $3,018 million in 2017, and is projected to reach $6,807 million by 2025, growing at a CAGR of 10.8% from 2018 to 2025.

"The Asia-Pacific region is expected to dominate the market in 2017, and is expected to continue this trend during the forecast period, owing to increase in demand for internet in the developing countries, such as India, China, and Taiwan, rise in industrialization, and surge in awareness about benefits of the technology in developing economies."

Download a Sample copy of Report@ https://www.alliedmarketresearch.com/request-sample/3018

Surge in need for fast & improved networking and network services, widespread implementation of 5G, increase in adoption of fiber to the home (FTTH) connectivity, emergence of Internet of Things (IoT), and rise in demand for single-mode optical fiber due to shortage of fiber majorly contribute toward the growth of the global single-mode optical fiber market. However, high installation cost & increase in adoption of wireless communication systems are expected to hamper the growth of the global market.

Based on type, the G.652 segment dominated the global single-mode optical fiber market in 2017, and is expected to continue this trend during the forecast period, owing to its increased adoption in long haul and metro city networks. Furthermore, the G.657 segment is expected to grow at the highest CAGR during the forecast period, as it is the latest standard for FTTH applications, and along with G.652 it is the most commonly used in last drop fiber networks.

For Purchase Inquiry@ https://www.alliedmarketresearch.com/purchase-enquiry/3018

The global single-mode optical fiber market was led by the telecommunication & networking segment in 2017, and is projected to maintain its dominance during the forecast period. However, the CATV segment is expected to witness the highest growth in the near future, owing to increase in broadband penetration and digitalization of CATV, that is, fiber TV with the internet, fiber TV with intranet, and fiber TV.

Single-mode Optical Fiber Market: https://www.alliedmarketresearch.com/press-release/single-mode-optical-fiber-market.html

About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.