The Global Fiber Optic Cables Industry Research market is estimated to grow at a CAGR of 10% during the forecast period. It’s a cylinder-shaped dielectric waveguide that uses total internal reflection to transport light across its axis. The light travels via total internal reflection through a transparent core surrounding by a transparent cladding material with a lower index of refraction. The fibre acts as a waveguide, as a result of this phenomena. The demand for internet around the globe, combined with the growing requirement for FTTx, is propelling the fibre optics industry forward. Growing wireless communication systems, on the other hand, are limiting market expansion.
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The internet is a global network of interconnected devices. Fiber optics serve as the internet’s backbone, with optical fibre cables serving as the medium for transporting data from one location to another. In 2018, 51.2 % of the world’s population used the internet, according to the International Telecommunication Union (ITU). In 2018, the number of internet users increased by roughly 45 percent. The internet is being driven by the expanding importance of cloud computing, data transfer and storage, and IoT. The number of internet users is predicted to rise from 3.6 billion in 2018 to 5.0 billion by 2025, according to the International Energy Agency. Furthermore, by 2025, the number of IoT connections is estimated to have risen from 7.5 billion in 2018 to over 25.0 billion.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Fiber Optic Cables Industry Research Market Segmentation,
By Fiber Type:
- Glass
- Plastic
By Cable Type:
- Single-mode
- Multi-mode
By Application:
- Communication
- Non-communication
Global Fiber Optic Cables Industry Research Market By Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
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