Market Research Future - Premium Research Reports Global Fiber Optic Market Forecast 2016-2022
Global Fiber Optic Market Information based on
Components, Application Verticals and RegionForecast 2016-2022
Market Scenario
Fiber Optic market is mainly driven by the demand for high speed internet around the world as the
traditional wires are not able to meet the expectation. Fiber Optic is mainly used for the transfer and
exchange of data’s digitally. Growing countries which are adopting the new technology for high speed
internet is creating huge demand for the Fiber Optics.
Going ahead, currently North America is dominating the market of fiber optic due to the heavy
technological development and deployment of various satellites into the space which will transmit the
data with the very high speed. North America holds XX% of market share followed by Europe which
accounts of XX% of total revenue around the world. Asia-Pacific is estimate to grow with CAGR of XX%
and has been valued at US $XX billion in the year 2015. It is expected that adoption of new technologies
such as 4g among other will drive the market of Fiber Optic in Asia-Pacific.
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Key players
The prominent players in the market of Fiber Optic are
Optical Cable Corporation (U.S.)
Sterlite Technologies (India)
Fujikura Limited (Japan)
Ofs Fitel, Llc (U.S.), Prysmian Spa (Italy)
Tel: +1-646-845-9349
[email protected]