Fiber Optic Cable Market to Exceed USD 21.35B by 2032, driven by rising demand for high-speed internet

The Fiber Optic Cable Market is growing rapidly, fueled by tech advancements, surging data traffic, and rising global internet usage.

AUSTIN, TX, UNITED STATES, January 29, 2025 /EINPresswire.com/ -- Market Size & Industry Insights

According to the SNS Insider Report,“The Fiber Optical Cable Market size was USD 9.70 Billion in 2023 and is expected to reach USD 21.35 Billion by 2032 and grow at a CAGR of 9.2% over the forecast period of 2024-2032.”

Fiber Optics Transforming Modern Communication with High-Speed Secure Data Transmission

Fiber optic cables are revolutionary in the realm of data transmission, as they use glass or plastic fibers rather than metal to carry data signals via light. This advanced technology has several benefits, such as high bandwidth, minimal interference, light weight, and digital data transmission. These factors are driving revenue growth in the market, mainly in applications including LAN and telecommunication.

They also are becoming unreplaceable connections in companies for telecommunications services, replacing older copper telephone lines as they provide speedier and reliable communication services. Fibre optic cables also ensure that data is securely transmitted because its transmission via light minimizes interception data, which poses a critical challenge to the industries of communication.

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SWOT Analysis of Key Players as follows:
- Gupta Power Infrastructure Limited
- Sterlite Technologies Limited
- Birla Cable Ltd. (Mp Birla Group)
- Finolex Cables Limited
- Kec International Ltd. (Rpg Enterprises)
- Apar Industries Ltd.
- Aksh Optifibre
- Polycab India Limited
- Vindhya Telelinks Ltd. (Mp Birla Group)
- Universal Cables Ltd. (Mp Birla Group)

Other trends, such as an increase in demand for fiber optics to deliver telecommunication services like the Internet, television, and telephone, further support market growth. Google Fiber and Verizon FIOS companies use this technology to provide gigabit internet speeds in satisfying the demands for long-distance and high-performance data networking. Trends point to growing significance of fiber optics in modern communication infrastructure.

Segment Analysis

By Fiber Type
Glass fibers are the leading choice for high-speed data transmission due to their superior performance and efficiency. These fibers support fast data transfer in large quantities for long distances without significant signal loss or interference. High bandwidth capacity is achieved to support current applications, such as streaming, cloud computing, and advanced communication systems. Moreover, the glass fiber has immunity against electromagnetic interference and environmental conditions for stable performance.

By Cable Type
Single-mode cables dominate the market due to their efficiency in long-distance data transmission with minimal signal loss. The one light mode decreases dispersion, therefore signals travel far without degrading. It has high bandwidth that is perfect for telecommunications, the internet backbones, and vast networks. In addition, with the support given to the demand for more data and complex applications, these can be very much a vital aspect of modern infrastructures in giving reliable and efficient connectivity across broad networks.

By Development
Underground deployment dominates and is widely preferred due to its exceptional reliability and protection from environmental factors. Situating infrastructure under the surface would protect it from adverse weather, mechanical damage, and temperature changes, allowing for constant operation. This reduces the need for maintenance and extends the life of systems, like cables and pipelines. Underground systems are also less vulnerable to accidental destruction, vandalism, or other environmental hazards, providing a safe and long-lasting option for modern applications where resilience and operational stability are key.

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KEY MARKET SEGMENTS:

By Fibre Type
Glass
Plastic

By cable type
Single-mode
Multi-mode

By development
Underground
Underwater
Aerial

By Application
Communication
Telecom
Premises
Utility
CATV
Military
Industrial
Others
Non-communication
Sensors
Fiber Optic Lighting

Regional Analysis

Fiber Optics Market Boom in North America, Fueling Demand and Growth

North America stands out as a dominant region in the fiber optics market, driven by the increasing demand for high-speed internet and data transmission. The United States, as the largest consumer of fiber optic technology, sees significant investments from telecommunications and technology companies in fiber optic networks. Applications in healthcare, defense, and smart city developments further contribute to market expansion. Additionally, government initiatives to modernize telecommunications infrastructure and the growing adoption of IoT technology are bolstering the demand for fiber optics in the region.

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Recent Developments

-October 2023: Sterlite Technologies Ltd (STL) unveiled a groundbreaking 160-micron optical fiber, the slimmest globally for telecommunications, developed and patented at STL’s Centre of Excellence in Maharashtra.
-September 2023: Coherent Corp. introduced the first pump laser module with 1200 mW output power in a 10-pin butterfly package, pushing the boundaries of fiber-optic transmission capacity and expanding transmission windows into extended C- and L-bands.

TABLE OF CONTENT - Key Points

Chapter 1. Introduction

Chapter 2. Executive Summary

Chapter 3. Research Methodology

Chapter 4. Market Dynamics Impact Analysis

Chapter 5. Statistical Insights and Trends Reporting

Chapter 6. Competitive Landscape

Chapter 7. Fiber Optical Cable Market Segmentation, by Fibre Type

Chapter 8. Fiber Optical Cable Market Segmentation, by cable type

Chapter 9. Fiber Optical Cable Market Segmentation, by development

Chapter 10. Fiber Optical Cable Market Segmentation, by Application

Chapter 11. Regional Analysis

Chapter 12. Company Profiles

Chapter 13. Use Cases and Best Practices

Chapter 14. Conclusion

Continued…

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Akash Anand
SNS Insider
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info@snsinsider.com