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Fiber Optic Cables for Broadband Market Size-Share 2022, Analysis by Manufacturers, Competitive Landscape, Future Growth, Strategy and Forecast to 2027
The Fiber Optic Cables for Broadband Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The Global Fiber Optic Cables for Broadband Market Size is Projected to Reach at a CAGR of 17% during 2022-2027.
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Market Overview
The optical fibers are getting smaller and smaller to the deployment challenges being raised by end-use applications. As telecom operators started looking for high fiber count cables in reduced diameters, optical fiber, and cable manufacturers are investing in research and development to realize smaller fibers and cables. In April 2020, Prysmian becomes the first company to release a portfolio of cables that make use of optical fibers having a diameter of 180µm (micrometers). These cables will be deployed for FTTx and 5G networks.
Moreover, in the past few years, cloud and content providers attempted to attract more users and offer reliable bandwidth-intensive services, thus, increasing the popularity of submarine infrastructure. The number of new submarine cables is set to grow by 50% in 2019, as compared to 2018 (source: TeleGeography’s submarine cable map). The lifetime for submarine cable is expected to be about 25 years.
Top Leading Companies:
Yangtze Optical Fiber and Cable Joint Stock Ltd. Co., Prysmian Group, Finolex Cables Ltd., Finisar Corporation, Corning, Inc., Furukawa Electric Co., Ltd., General Cable Technologies Corporation, LS Cable & System Ltd., Sumitomo Electric Industries, Ltd., Sterlite Technologies Ltd., AFL Communications LLC, LEONI
Fiber Optic Cables for Broadband Market Segmentation by Type:
Wholesale
Retail
Fiber Optic Cables for Broadband Market Segmentation by Application:
Individually
Business
Government
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Asia-Pacific is Expected to Hold Major Market Share
In the Asia Pacific, China dominates not only the regional market but also the global fiber optic cable market. The country has a high density of optical fiber networks and is aggressively investing in new optical fiber infrastructure.
Increasing the adoption of fiber optics cables to transmit signals with a minimum amount of loss has been growing in the country. By the end of 2016, 80% of China's broadband connection was by fiber making country, the world leader in FTTP. By 2019, this figure reached 91%, some 396 million premises, according to the China Internet Network Information Center(CNNIC) 2019 survey.
Moreover, the increasing demand for OFC from the IT & telecom sector, rising number of mobile devices, increasing adoption of FTTH (Fiber to the Home) connectivity, and surging number of data centers is further anticipated to fuel fiber optic cables market in India over the coming years. For instance, Cloud Companies are partnering with telecom operators to create edge datacenters. (E.g. Microsoft has tied up with Reliance Jio & Airtel has teamed up with Google Cloud in India.)
Regional Fiber Optic Cables for Broadband Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Fiber Optic Cables for Broadband Market Report:
Detailed overview of Fiber Optic Cables for Broadband Market
Changing the Fiber Optic Cables for Broadband market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Fiber Optic Cables for Broadband market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Fiber Optic Cables for Broadband Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Fiber Optic Cables for Broadband Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Fiber Optic Cables for Broadband industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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– Free Competitive analysis of any 5 key market players.
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