Optical Fiber Cable Market is Forecasted to Reach US$ 12.6 Billion in 2031, Says Stratview Research

The global optical fiber cable market is projected to witness a growth rate of 4.1% annually from 2025 to 2031, with an anticipated size of US$ 12.6 billion by 2031, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global optical fiber cable market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
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Report Highlights:
Market Size in 2031: US$ 12.6 billion
Growth (CAGR): 4.1% during 2025-2031
Forecast Period: 2025-2031
Trend Period: 2019-2023
Base Year: 2024
Number of Segments Covered: 7
Number of Tables & Graphs: 100+

Segment Insights on the Optical Fiber Cable Market:

The global Optical Fiber Cable market is segmented based on End-Use Industry type, Composition type, Cable mode type, Strength type, Deployment type, Application type, and Region.

Based on composition type - The marker is segmented into Glass and Plastic. Among these, Glass is the dominant material in optical fiber cables due to its superior signal transmission, durability, and minimal signal loss over long distances. It experiences low signal attenuation, allowing data to travel vast distances without degradation. It enables high-speed data transmission, making it ideal for 5G networks, cloud computing, and broadband expansion. Unlike copper cables, glass fiber is immune to electromagnetic interference (EMI), ensuring stable and uninterrupted communication in critical applications.

Additionally, glass fiber offers higher bandwidth capacity, supporting the increasing demand for data-intensive applications. Its durability and resistance to extreme temperatures and moisture make it suitable for varied environmental conditions. Despite its higher initial costs, glass fiber is cost-effective for long-distance networks due to its low maintenance and long lifespan. These factors make it the preferred choice for telecom, data centers, and high-speed communication networks worldwide.

Based on deployment type - The marker is segmented into Underground, Aerial, and Underwater. The underground is expected to lead the optical fiber cable market due to its protection from environmental damage, durability, and reliability. Unlike aerial cables, it resists harsh weather, physical damage, and electromagnetic interference, ensuring stable and long-lasting network performance.
With lower maintenance needs and a longer lifespan, underground fiber is cost-effective for large-scale 5G and broadband expansion. It supports smart city infrastructure, reduces urban clutter, and offers enhanced security with minimal downtime, making it the preferred choice for telecom, data centers, and high-speed internet networks.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/3925/optical-fiber-cable-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

Asia-Pacific dominates the optical fiber cable market due to rapid 5G expansion, broadband growth, and smart city projects. Countries like China, India, Japan, and South Korea are aggressively deploying 5G networks, significantly increasing fiber optic demand for high-speed connectivity.

Rising internet penetration and Fiber-to-the-Home (FTTH) adoption are fueling market expansion. Government initiatives like Digital India, China's Broadband Strategy, and Japan's Smart City plans are heavily investing in digital infrastructure, boosting large-scale fiber optic installations across the region.

Additionally, booming data centers, IoT, and AI-driven automation require high-speed, low-latency fiber networks. The demand for secure, high-capacity connectivity in industrial and urban areas further strengthens Asia-Pacific's position as the largest and fastest-growing market for optical fiber cables.

Optical Fiber Cable Market Drivers:
Some of the key drivers listed in the report are given below.
• The rising demand for high-speed internet, fueled by the expansion of 5G networks and increasing broadband adoption.
• Government initiatives like Digital India and Broadband China, along with heavy private investments, are accelerating large-scale fiber deployment.
• The growing need for data centers, cloud computing, and smart city infrastructure further boosts market growth.
• The surge in Fiber-to-the-Home (FTTH) demand, advancements in telemedicine, and the rise of online education are increasing the reliance on fiber optic networks, making them essential for seamless and high-speed connectivity.
• The increasing adoption of the Internet of Things (IoT), Artificial Intelligence (AI), and Industrial Automation is driving the need for high-bandwidth, low-latency fiber optic networks.
• The rising popularity of video streaming, online gaming, and remote working has further intensified the demand for reliable and high-speed connectivity.

Top Companies in the Optical Fiber Cable Market:
Stratview Research has identified the following companies as the top market players.
• Corning Incorporated
• Prysmian Group
• Yangtze Optical Fibre and Cable Joint Stock Limited Company
• Fujikura Ltd.
• Sumitomo Electric Industries, Ltd.
• Hengtong Group Co., Ltd.
• Furukawa Electric Co. Ltd.
• STL Tech
• LEONI Fiber Optic GmbH
• CommScope Holding Company, Inc.
• Cleerline Fiber Optics Redefine
Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the Optical Fiber Cable Market, answering critical questions like:

• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Explore more reports here:
• Aerospace and Defense Optical Fiber Cable Market: https://www.stratviewresearch.com/3818/aerospace-and-defense-optical-fiber-cable-market.html

• Fiber Optics Cable Market for Military and Aerospace: https://www.stratviewresearch.com/747/fiber-optics-cable-market-for-military-and-aerospace.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

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