Fiber Optics Market: By Cable Type (Single mode, and Multi-mode), By Optical Fiber Type (Glass and Plastics), By Application (Telecom, Premises, Utility, CATV, Military, Industrial, Sensors, Fiber Optic Lighting, Security, Metropolitan), By End-User Industry (IT and Telecom, BFSI, Defense and Aerospace, Healthcare, Manufacturing, Government), and Geography  

Purchase Option

$ 4400
$ 6600
$ 8900

Fiber Optics Market size was valued at USD 5.4 billion in 2023 and is expected to reach USD 11.7 billion by 2030, at a CAGR of 11.2% from 2024-2030. Due to its higher security over conventional fibers, advancement in technology, increasing demand for high bandwidth communication, increased applications of optical fibers over different sectors, and rise in R&D activities for the development of the market are the major factors that are driving the growth of the global fiber optics market over the forecast timeframe. An optical fiber is a translucent, flexible fiber that is used to transport light and is formed by drawing glass or plastic. Fiber-optic communications employs this sort of cable in a variety of ways, allowing transmission over longer distances and at higher bandwidths than wire lines. One of the primary factors driving the growth of the fiber optics industry is the rise in internet demand around the world.

The surge in demand from the telecom industry, electromagnetic interference, community access television (CATV), military, utilities, and linked devices, as well as advancements in technology that allow electronic devices to communicate via the Internet, are all driving market expansion. The market is also influenced by the deployment of fiber optic cables to send signals with less loss and digital data transmission via optic fibers. Rapid urbanisation and industrialization, a spike in investments, the expansion of end-use businesses, and application in residential, commercial, and government sectors all benefit the fiber optics industry.

Global Fiber Optics Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

11.2%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Fiber Optics Market Dynamics

Advancement in communication technology is a key factor drive the global fiber optics market. Increase in demand for highly secure data transmission, data transmission with a very smaller amount of loss of signals, Moreover, the significance of cloud computing, storage & data transfer, and IoT is increased the use of Internet, which is a major factor for the increased demand for the fiber optics market, as it is very important for data transmission. The increase in demand for the Internet is also through other important factors like increase in the use of internet by students for their studies so that the connection devices are increasing in houses, increase in the demand for Over-The-Top (OTT) video content, and the companies which uses internet for their works are also increasing nowadays. These are the major factors due to which the use of internet is increasing so that the use of optical fibers are increasing and these are all the factors believed to propel the global fiber optics market over the forecast years.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Global Fiber Optics Market Segmentation

By Cable Type
  • Single mode
  • Multi-mode
By Optical Fiber
  • Glass optical fiber
  • Plastics optical fiber
By Application
  • Communications
  • Telecom
  • Premises
  • Utility
  • CATV
  • Military
  • Industrial
  • Security
  • Metropolitan
  • Non-communications
  • Sensors
  • Fiber Optic Lighting
By End User
  • IT and Telecom
  • BFSI
  • Defense and Aerospace
  • Healthcare
  • Manufacturing
  • Government
  • Other End-user Industries

Frequently Asked Questions

The fiber optics market size was valued at USD 5.4 billion in 2023

The fiber optics market key players are: Corning, Inc. (U.S.) Finisar (U.S.) Infinera Corporation (U.S.) LS Cable & System (South Korea) General Cable Corporation (U.S.) Furukawa Electric (Japan) General Cable Corporation (U.S.) AFL Global (U.S.) Leoni AG (Germany) Prysmian Group (Italy) Finolex Cables Limited (India) Sterlite Technologies Limited (India)

The fiber optics market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

1. Executive Summary
2. Global Fiber Optics Market Introduction 
2.1.Global Fiber Optics Market  - Taxonomy
2.2.Global Fiber Optics Market  - Definitions
2.2.1.Cable Type
2.2.2.Optical Fiber
2.2.3.Application
2.2.4.End User
2.2.5.Region
3. Global Fiber Optics Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Fiber Optics Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Fiber Optics Market  By Cable Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Single mode
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Multi-mode
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6. Global Fiber Optics Market  By Optical Fiber, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Glass optical fiber
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Plastics optical fiber
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7. Global Fiber Optics Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Communications
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Telecom
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Premises
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Utility
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. CATV
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
7.6. Military
7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.6.3. Market Opportunity Analysis 
7.7. Industrial
7.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.7.3. Market Opportunity Analysis 
7.8. Security
7.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.8.3. Market Opportunity Analysis 
7.9. Metropolitan
7.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.9.3. Market Opportunity Analysis 
7.10. Non-communications
7.10.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.10.3. Market Opportunity Analysis 
7.11. Sensors
7.11.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.11.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.11.3. Market Opportunity Analysis 
7.12. Fiber Optic Lighting
7.12.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.12.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.12.3. Market Opportunity Analysis 
8. Global Fiber Optics Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. IT and Telecom
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. BFSI
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Defense and Aerospace
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Healthcare
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Manufacturing
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
8.6. Government
8.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.6.3. Market Opportunity Analysis 
8.7. Other End-user Industries
8.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.7.3. Market Opportunity Analysis 
9. Global Fiber Optics Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10. North America Fiber Optics Market,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Cable Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Single mode
10.1.2.Multi-mode
10.2.  Optical Fiber Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Glass optical fiber
10.2.2.Plastics optical fiber
10.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Communications
10.3.2.Telecom
10.3.3.Premises
10.3.4.Utility
10.3.5.CATV
10.3.6.Military
10.3.7.Industrial
10.3.8.Security
10.3.9.Metropolitan
10.3.10.Non-communications
10.3.11.Sensors
10.3.12.Fiber Optic Lighting
10.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.IT and Telecom
10.4.2.BFSI
10.4.3.Defense and Aerospace
10.4.4.Healthcare
10.4.5.Manufacturing
10.4.6.Government
10.4.7.Other End-user Industries
10.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11. Europe Fiber Optics Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Cable Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Single mode
11.1.2.Multi-mode
11.2.  Optical Fiber Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Glass optical fiber
11.2.2.Plastics optical fiber
11.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Communications
11.3.2.Telecom
11.3.3.Premises
11.3.4.Utility
11.3.5.CATV
11.3.6.Military
11.3.7.Industrial
11.3.8.Security
11.3.9.Metropolitan
11.3.10.Non-communications
11.3.11.Sensors
11.3.12.Fiber Optic Lighting
11.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.IT and Telecom
11.4.2.BFSI
11.4.3.Defense and Aerospace
11.4.4.Healthcare
11.4.5.Manufacturing
11.4.6.Government
11.4.7.Other End-user Industries
11.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
12. Asia Pacific (APAC) Fiber Optics Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Cable Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Single mode
12.1.2.Multi-mode
12.2.  Optical Fiber Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Glass optical fiber
12.2.2.Plastics optical fiber
12.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Communications
12.3.2.Telecom
12.3.3.Premises
12.3.4.Utility
12.3.5.CATV
12.3.6.Military
12.3.7.Industrial
12.3.8.Security
12.3.9.Metropolitan
12.3.10.Non-communications
12.3.11.Sensors
12.3.12.Fiber Optic Lighting
12.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.IT and Telecom
12.4.2.BFSI
12.4.3.Defense and Aerospace
12.4.4.Healthcare
12.4.5.Manufacturing
12.4.6.Government
12.4.7.Other End-user Industries
12.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13.Middle East and Africa (MEA) Fiber Optics Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Cable Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Single mode
13.1.2.Multi-mode
13.2.  Optical Fiber Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Glass optical fiber
13.2.2.Plastics optical fiber
13.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Communications
13.3.2.Telecom
13.3.3.Premises
13.3.4.Utility
13.3.5.CATV
13.3.6.Military
13.3.7.Industrial
13.3.8.Security
13.3.9.Metropolitan
13.3.10.Non-communications
13.3.11.Sensors
13.3.12.Fiber Optic Lighting
13.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.IT and Telecom
13.4.2.BFSI
13.4.3.Defense and Aerospace
13.4.4.Healthcare
13.4.5.Manufacturing
13.4.6.Government
13.4.7.Other End-user Industries
13.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14. Latin America Fiber Optics Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1. Cable Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Single mode
14.1.2.Multi-mode
14.2.  Optical Fiber Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Glass optical fiber
14.2.2.Plastics optical fiber
14.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Communications
14.3.2.Telecom
14.3.3.Premises
14.3.4.Utility
14.3.5.CATV
14.3.6.Military
14.3.7.Industrial
14.3.8.Security
14.3.9.Metropolitan
14.3.10.Non-communications
14.3.11.Sensors
14.3.12.Fiber Optic Lighting
14.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.IT and Telecom
14.4.2.BFSI
14.4.3.Defense and Aerospace
14.4.4.Healthcare
14.4.5.Manufacturing
14.4.6.Government
14.4.7.Other End-user Industries
14.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Corning, Inc. (U.S.)
15.2.2.Finisar (U.S.)
15.2.3.Infinera Corporation (U.S.)
15.2.4.LS Cable & System (South Korea)
15.2.5.General Cable Corporation (U.S.)
15.2.6.Furukawa Electric (Japan)
15.2.7.General Cable Corporation (U.S.)
15.2.8.AFL Global (U.S.)
15.2.9.Leoni AG (Germany)
15.2.10.Prysmian Group (Italy)
15.2.11.Finolex Cables Limited (India)
15.2.12.Sterlite Technologies Limited (India)
16. Research Methodology 
17. Appendix and Abbreviations 
  • Corning, Inc. (U.S.)
  • Finisar (U.S.)
  • Infinera Corporation (U.S.)
  • LS Cable & System (South Korea)
  • General Cable Corporation (U.S.)
  • Furukawa Electric (Japan)
  • General Cable Corporation (U.S.)
  • AFL Global (U.S.)
  • Leoni AG (Germany)
  • Prysmian Group (Italy)
  • Finolex Cables Limited (India)
  • Sterlite Technologies Limited (India)

Adjacent Markets