Press release
Market Development : Fiber Optics Market Globally Grow at a CAGR of 11.45% by Revenue During the Period 2018-2021
A fiber optic is a thin cylinder of dielectric material, which is capable of transmitting messages modulated onto light waves.
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Fiber optic is a transparent, flexible fiber made up of thin strands of glass or plastic, which is slightly thicker in diameter than that of a human hair. One cable can have one strand or many strands. Each strand can carry almost 25,000 telephone calls, so an entire fiber optic cable can carry millions of calls.
Technavios analysts forecast the global fiber optics market to grow at a CAGR of 11.45% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global fiber optics market for 2017-2021. To calculate the market size, the report considers the sales of fiber optic and fiber optic cables to various application segments including cable TV, data center, military, oil and gas, and telecommunication.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
View Complete TOC with tables & Figures @ https://www.researchmoz.us/global-fiber-optics-market-2017-2021-report.html/toc
Technavio's report, Global Fiber Optics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Corning
Furukawa Electric
Optical Cable
Prysmian
Sterlite Technologies
YOFC
Other prominent vendors
Fujikura
FUTONG Group
General Cable
Market driver
Growing demand for increased network bandwidth
For a full, detailed list, view our report
Market challenge
Lack of skilled technicians
For a full, detailed list, view our report
Market trend
Emerging cloud computing
For a full, detailed list, view our report
Browse Report @ https://www.researchmoz.us/global-fiber-optics-market-2017-2021-report.html
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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