Global Fiber Optics Market to Witness Impressive Growth, Revenue to Surge to USD 4.9 Billion By 2028

12-Jun-2021 | Zion Market Research

The Global Fiber Optics Market accounted for USD 3.1 Billion in 2020 and is expected to reach USD 4.9 Billion by 2028, growing at a CAGR of around 6% between 2021 and 2028.    

The study covers forecast and analysis for the fiber optics market on a global and regional level. The study provides historic data of 2016 along with a forecast from 2021 to 2028 based on revenue (USD billion). The study includes drivers and restraints for the market with the impact they have on the demand over the forecast period. In addition, the report comprises the study of market opportunities available in the fiber optics market worldwide.

In order to give the users of this report a complete view of the fiber optics market, we have included a detailed competitive scenario, buying criteria and product portfolio of key players. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model has also been included. The study also includes a market attractiveness analysis based on their market size, growth rate, and general attractiveness.

The report provides a significant view on the fiber optics market by segmenting the market based on application and region. Based on various applications, the fiber optics market is fragmented into telecom & broadband, private data networks, and others other application. All the segments have been analyzed based on present and future trends and the market is estimated from 2016 to 2028.

The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. The key players of fiber optics market include

Area-wise, North America in 2020 had the biggest share in the fiber optics market. The Asia Pacific is likely to show fascinating development for fiber optics market in years to come owing to technological enhancements in the telecom industry. Economically up-and-coming nations in the Asia Pacific such as Japan, India, and China are heavily spending in ICT industry which will augment the demand of fiber optics market.

Some of the key players are Finolex Cable Limited, Australian Fibreoptic Communications, Yangtze Optical Fiber and Cable Co. Ltd., Ofs Fitel, Sterlite Technologies Limited, Corning Inc., Fujikura Limited, and others among others.

Browse the full Fiber Optics Market by Application (Telecom & broadband, Healthcare, Defense, And Private data networks And Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/fiber-optics-market

The Global Fiber Optics Market is segmented as follows:

By Application

  • Telecom & broadband
  • Healthcare
  • Defense
  • Private data networks
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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