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Optical Fiber Cable Market
Optical Fiber Cable Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2025-2031
“The global optical fiber cable market size was US$ 9.3 billion in 2024 and is likely to grow at a decent CAGR of 4.1% in the long run to reach US$ 12.6 billion in 2031.”
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The optical fiber market is highly competitive, with leading players continuously innovating to enhance fiber performance, efficiency, and cost-effectiveness. Companies are focusing on advanced fiber technologies, high-speed networks, and fiber-optic sensing applications to gain a competitive edge in the industry.
Emerging trends include ribbon cables for higher fiber density, hollow-core fibers for lower latency, and AI-driven network management. The market is also witnessing advancements in fiber-optic sensors for industrial automation, healthcare, and security applications. Interestingly, optical fibers are playing a crucial role in quantum computing and next-generation space communication, revolutionizing connectivity beyond conventional uses.
The optical fiber cable market is driven by the rising demand for high-speed internet, fueled by the expansion of 5G networks and increasing broadband adoption. Government initiatives like Digital India and Broadband China, along with heavy private investments, are accelerating large-scale fiber deployment. The growing need for data centers, cloud computing, and smart city infrastructure further boosts market growth. Additionally, the surge in Fiber-to-the-Home (FTTH) demand, advancements in telemedicine, and the rise of online education are increasing the reliance on fiber optic networks, making them essential for seamless and high-speed connectivity.
Additionally, the increasing adoption of the Internet of Things (IoT), Artificial Intelligence (AI), and Industrial Automation is driving the need for high-bandwidth, low-latency fiber optic networks. The rising popularity of video streaming, online gaming, and remote working has further intensified the demand for reliable and high-speed connectivity. Moreover, the expansion of submarine and terrestrial fiber optic networks is enhancing global data transmission capabilities, and supporting international trade and digital infrastructure. Growing investments in network modernization by telecom operators and the push for sustainable, energy-efficient fiber optic solutions are also key factors shaping the future of the optical fiber cable market.
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Segmentations |
List of Sub-Segments |
Segments with High-Growth Opportunity |
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End-use Industry Analysis |
Telecom, Aerospace, Defence & Military, Industrial, Other Communication (Premises, Utility), and Non-Communication (Sensors and Fiber Optic lighting) |
The telecom industry leads the optical fiber demand due to 5G expansion, broadband growth, FTTH adoption, rising data traffic, smart city projects, and heavy investments by major telecom companies worldwide. |
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Composition-Type Analysis |
Glass and Plastic |
Glass dominates optical fiber cables due to its superior signal transmission capabilities, durability, and low signal loss over long distances. |
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Cable Mode Type Analysis |
Single-Mode and Multi-Mode |
Single-mode optical fiber cables are expected to be the fastest-growing due to their ability to support higher bandwidth, longer transmission distances, and lower signal loss, making them ideal for all major applications. |
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Strength Type Analysis |
CSM and RSM |
Central Strength Member (CSM) is expected to hold a larger market share in optical fiber cables due to its structural reinforcement, durability, and enhanced performance in harsh environments. |
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Deployment Type Analysis |
Underground, Aerial, and Underwater |
The underground deployment type dominates due to better protection, lower maintenance, long lifespan, and reliability in 5G, broadband, and smart city networks, ensuring secure, high-speed connectivity with minimal environmental and physical damage risks. |
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Region Analysis |
North America, Europe, Asia-Pacific, and The Rest of the World |
Asia-Pacific is expected to be the largest market for optical fiber cables due to rapid 5G expansion, increasing broadband adoption, large-scale smart city projects, and strong government investments in digital infrastructure. |
“The glass composition is expected to be the faster-growing for Optical Fiber Cable Market during the forecast period.”
Glass is the dominant material in optical fiber cables due to its superior signal transmission, durability, and minimal signal loss over long distances. It experiences low signal attenuation, allowing data to travel vast distances without degradation. It enables high-speed data transmission, making it ideal for 5G networks, cloud computing, and broadband expansion. Unlike copper cables, glass fiber is immune to electromagnetic interference (EMI), ensuring stable and uninterrupted communication in critical applications.
Additionally, glass fiber offers higher bandwidth capacity, supporting the increasing demand for data-intensive applications. Its durability and resistance to extreme temperatures and moisture make it suitable for varied environmental conditions. Despite its higher initial costs, glass fiber is cost-effective for long-distance networks due to its low maintenance and long lifespan. These factors make it the preferred choice for telecom, data centers, and high-speed communication networks worldwide.
“Telecom segment is expected to hold the largest share in optical fiber cable market during the forecast period.”
The telecom industry is set to be the largest demand generator for optical fiber cables during the forecast period, driven by several key factors. The rapid deployment of 5G networks requires high-speed, low-latency fiber optic infrastructure for seamless data transmission and network backhaul. Additionally, increasing broadband penetration, fueled by rising internet users and government-backed initiatives, is significantly boosting demand for fiber optic cables. Another major driver is the expansion of Fiber-to-the-Home (FTTH) networks, as telecom companies invest in ultra-fast home internet solutions to cater to growing consumer needs for streaming, gaming, and remote work.
Furthermore, the surge in data traffic—driven by video streaming, IoT, cloud computing, and AI applications—necessitates high-capacity optical fiber networks. The development of smart cities and IoT ecosystems is also accelerating fiber optic adoption, as telecom operators deploy robust networks to support connected devices and industrial automation. Additionally, leading telecom giants like AT&T, Verizon, Reliance Jio, and China Mobile are making substantial investments in fiber optic expansion to enhance network coverage and capacity. These factors collectively establish the telecom industry as the largest and fastest-growing consumer of optical fiber cables globally.
“CSM (Central Strength Member) is expected to hold the larger share of the optical fiber cable market during the forecast period.”
Central Strength Member (CSM) dominates the optical fiber cable market due to its structural reinforcement, durability, and resilience in harsh environments. It provides mechanical strength, preventing fiber breakage and ensuring long-term reliability in telecom, data centers, and industrial applications.
CSM-based cables are ideal for underground, aerial, and submarine networks, resisting tension, pressure, and environmental stress. With the rise of 5G and broadband expansion, CSM ensures stable, high-speed data transmission. Its compatibility with both single-mode and multi-mode fibers makes it versatile for telecom, military, and smart city networks.
“The underground deployment is anticipated to dominate the optical fiber cable market.”
The underground is expected to lead the optical fiber cable market due to its protection from environmental damage, durability, and reliability. Unlike aerial cables, it resists harsh weather, physical damage, and electromagnetic interference, ensuring stable and long-lasting network performance.
With lower maintenance needs and a longer lifespan, underground fiber is cost-effective for large-scale 5G and broadband expansion. It supports smart city infrastructure, reduces urban clutter, and offers enhanced security with minimal downtime, making it the preferred choice for telecom, data centers, and high-speed internet networks.
“Asia-Pacific is expected to be the largest market for optical fiber cable market during the forecast period.”
Asia-Pacific dominates the optical fiber cable market due to rapid 5G expansion, broadband growth, and smart city projects. Countries like China, India, Japan, and South Korea are aggressively deploying 5G networks, significantly increasing fiber optic demand for high-speed connectivity.
Rising internet penetration and Fiber-to-the-Home (FTTH) adoption are fueling market expansion. Government initiatives like Digital India, China’s Broadband Strategy, and Japan’s Smart City plans are heavily investing in digital infrastructure, boosting large-scale fiber optic installations across the region.
Additionally, booming data centers, IoT, and AI-driven automation require high-speed, low-latency fiber networks. The demand for secure, high-capacity connectivity in industrial and urban areas further strengthens Asia-Pacific’s position as the largest and fastest-growing market for optical fiber cables.
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The market is fairly consolidated, with the presence of several major players. Most of the major players compete in some of the governing factors, including price, service offerings, regional presence, etc. The following are the key players in the optical fiber cable market. Some of the major players provide a complete range of services.
Here is the list of the Top Players (Based on Dominance)
Note: The above list does not necessarily include all the top players in the market.
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Recent Market JVs and Acquisitions:
A considerable number of strategic alliances, including M&As, JVs, etc., have been performed over the past few years:
This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
Market Segmentation
The global optical fiber cable market is segmented into the following categories:
By End-user Industry Type
By Composition Type
By Cable Mode Type
By Strength Type
By Composition Type
By Application Type
By Region
This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s optical fiber cable market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruits available in the market and formulating growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across industries. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
An optical fiber cable is a communication medium made of thin strands of glass or plastic that transmit data as light signals. Known for their high-speed and long-distance transmission capabilities, optical fiber cables offer superior bandwidth and minimal signal loss. They are essential for modern telecommunications, internet services, and data networks.
The forecasted value of the optical fiber cable market is US$ 12.6 billion in 2030.
The optical fiber cable market is estimated to grow at a CAGR of 4.1% by 2030 due to increased data traffic, the ongoing 5G rollout, the decreasing cost of manufacturing optical fibers, government incentives, and the demand for efficient, high-speed networks in both urban and rural areas support market expansion.
The optical fiber cable market is driven by the rising demand for high-speed internet, fueled by the expansion of 5G networks and increasing broadband adoption. Government initiatives like Digital India, Broadband China, and heavy private investments are accelerating large-scale fiber deployment.
Asia-Pacific has the highest market growth due to rapid urbanization, substantial government investments in digital infrastructure, and the ongoing expansion of 5G networks. The region’s growing data center industry and smart city projects drive the demand for high-speed, reliable communication networks.
Corning Incorporated, Prysmian Group, Yangtze Optical Fibre and Cable Joint Stock Limited Company, Sumitomo Electric Industries, Ltd., Fujikura Ltd., Hengtong Group Co., Ltd., Furukawa Electric Co. Ltd., STL Tech, LEONI Fiber Optic GmbH, CommScope Holding Company, Inc., and Cleerline Fiber Optics Redefined are the leading players in the optical fiber cable market.
China is estimated to remain dominant in the optical fiber cable market in the foreseeable future. The country leads in fiber optic production, deployment, and infrastructure development due to its extensive telecommunication networks, rapid 5G expansion, and government-driven initiatives like the "Broadband China" strategy.
India leads optical fiber market growth, fueled by Digital India, 5G rollout, private investments, and rising broadband demand, boosting smart city projects and data center expansion across the country.
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