Global Growth Analysis of Fiber Optics Market By 2021 June 2017
Global Fiber Optics Market 2017-2021
Global Fiber Optics market to grow at a CAGR of 11.45% during the period 2017-2021. Global Fiber
Optics Market report covers the present scenario and the growth prospects of the industry 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.
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The report, Global Fiber Optics Market 2017-2021, has been prepared based on an in-depth market
analysis with inputs from industry experts. This 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
The key players in the Fiber Optics Market are Corning, Furukawa Electric, Optical Cable, Prysmian,
Sterlite Technologies, YOFC.
Other prominent vendors
Other prominent vendors in the market are Fujikura, FUTONG Group, General Cable.
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Market driver
Growing demand for increased network bandwidth.
Market challenge
Lack of skilled technicians.
Market trend
Emerging cloud computing.
A fiber optic is a thin cylinder of dielectric material, which is capable of transmitting messages
modulated onto light waves. 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.
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