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U.S. Fiber Optic Market Share, Size, Key Players, Outlook and
Forecasts to 2025 | Hexa Research
“ The U.S. fiber optic market size is expected to reach USD 3.56 billion by
2025.”
14 January 2019
The U.S. fiber optic market size is expected to reach USD 3.56 billion by 2025. This growth is attributed to
increasing demand from widespread applications owing to its high quality, cost -effectiveness, durability,
and scalability over the past few years. This has introduced potential opportunities in passive
telecommunication infrastructures, such as fixed line cabling, data centers and communication towers.
Institutional investors are lured by reliable returns and long-term contracts with telecom operators, thus,
aiding the U.S. fiber optic market. Key factors affecting the future competitiveness of the U.S. fiber optics
industry include access to foreign markets and ability of the industry to develop new technologies.
The emergence of a digital economy has driven the market over the past decade. High penetration of the
Internet and wireless communication has led to a rise in demand for broadband transmission capacity in
recent years. This, in turn, has boosted demand for optic fiber. Constant developments in Internet
connectivity has simplified day-to-day lives; big data technology is one such development contributing to
market expansion. The adoption rate of fiber optic connection in various end -use applications in North
America is approximately 8.4% and is expected to increase over the forecast period. This growth is
attributed to government initiatives to connect to underserved areas.
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