The “ Optical Fiber Market” to 2025 by Types (Step indexed optical fiber, Graded Indexed Optical Fiber), and End-users (Broadcast, Telecommunication & IT; Industrial; Defense; Medical and Others) – Global Analysis and Forecast” The scope of study involves understanding on the factors responsible for this growth of optical fiber market along with the estimates and forecasts of the revenue and market share analysis and also spots the significant optical fiber players in the market and their key developments.

Optical Fiber Market to 2025 – Global Analysis and Forecast by Types and End-user Industry, Optical Fiber market is expected to grow to US$ 27.88 billion by 2025 from US$ 9.52 billion in 2015. Optical Fiber technology is described as a technology which utilizes the physical properties of light by modulating a light signal with voice or data and sends it through a fiber by the virtue of Total Internal Reflection (TIR). The growing demands for increase in the speeds of data transfer over a network with minimum data losses has spurred the need for implementations of fiber cables. The losses in copper wire data transmissions had researchers constantly put on a task to look out for a more efficient method to transmit data.

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The fiber cable capabilities can prove to be useful in the recent times with data explosion over the internet being witnessed owing to big trends like cloud, analytics, big data and IoT. The scope of optical fiber in this report encompasses types of optical fiber cables available in the market. The Optical Fiber market is expected to witness an aggressive growth in the coming few years. The legacy copper cables are being replaced with fiber cables for future related benefits.

Government in both developed and developing economies are focusing on enhancing targets of broadband coverage and internet capabilities in both rural and urban areas, government is aggressively spending on digital infrastructure, expanding network capabilities for efficiently rolling out new technologies and connecting citizens with broadband and technology, which will also indirectly boost the growth of other industries as well. Developing economies such as India and China are one of the prime examples of economies where governments are taking positive steps for fostering adoption of optical fiber cables.

Today, fiber cables are used to transmit video along with voice and data. The installation of fiber cables in the initial stages was a bit tedious task but with growing awareness, and skilled labor have made implementations quite easier. Increasing deployments of data centers in various parts of the world has significantly led to the rise in usage of optical fiber communications. Upcoming technologies where data is transferred in real-time require high bandwidth medium for propagation. High bandwidth requirements are fulfilled by the optical fiber cables.

The fiber cable capabilities can prove to be useful in the recent times with data explosion over the internet being witnessed owing to big trends like cloud, analytics, big data and IoT. The scope of optical fiber in this report encompasses types of optical fiber cables available in the market. The Optical Fiber market is expected to witness an aggressive growth in the coming few years. The legacy copper cables are being replaced with fiber cables for future related benefits.

Major market initiatives were observed in the APAC region. APAC region is slowly and steadily becoming an important hub of development where many countries with the help of their respective governments are finding ways to develop their infrastructures to become developed nations. Lot of investments developing the internet infrastructure is being spent and that is why companies have targeted this region to capture the market.

The global optical fiber market by geography is segmented into six regions including North America, Europe, Asia Pacific, Middle East & Africa and South America. APAC region is expected to account for the largest share of the global optical fiber market in 2016, followed by North America. US being key country in North American region will lead optical fiber market in this region and is also expected to continue dominance throughout the forecast period from 2016 to 2025. The key players profiled in the report are Corning Inc., Prysmian SpA, Yangtze Optical Fiber and Cable Co Ltd, Fujikura Limited, Sterlite Technologies, Finolex Cable Limited, OFS Fitel, LLC, Alcatel Lucent, Broadcom Limited and Amphenol Corporation.

The fiber cable capabilities can prove to be useful in the recent times with data explosion over the internet being witnessed owing to big trends like cloud, analytics, big data and IoT. The scope of optical fiber in this report encompasses types of optical fiber cables available in the market. The Optical Fiber market is expected to witness an aggressive growth in the coming few years. The legacy copper cables are being replaced with fiber cables for future related benefits.

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