Optical Fiber Cable Market is Forecasted to Reach US$ 12.6 billion in 2031, Says Stratview Research

The global optical fiber cable market is projected to witness a growth rate of 4.1% annually from 2025 to 2031, with an anticipated size of US$ 12.6 billion by 2031, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global optical fiber cable market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights

Segment Insights on the Optical Fiber Cable Market:

The report dives deep into the segmentation of the Optical Fiber Cable market based on critical parameters:

Based on Composition Type - The market is segmented into Glass and Plastic. 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.

Based on the Strength Type - The market is segmented into CSM (Central Strength Member) and RSM(Radial Strength Members). 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.

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

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.

Optical Fiber Cable Market Drivers:

Some of the key drivers listed in the report are given below.

• 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.
• 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.
• 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.
• 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.

Top Companies in the Optical Fiber Cable Market:

The global market for Optical Fiber Cable is highly concentrated, with the top four companies capturing a lion’s share. Apart from technological expertise and financial capabilities, the growth of companies is directly dependent on government support and overall industry conditions. Stratview Research has identified the following companies as the top market players:

-          Corning Incorporated

-          Prysmian Group

-          Yangtze Optical Fibre and Cable Joint Stock Limited Company

-          Fujikura Ltd.

-          Sumitomo Electric Industries, Ltd.

-          Hengtong Group Co., Ltd.

-          Furukawa Electric Co. Ltd.

-          STL Tech

-          LEONI Fiber Optic GmbH

-          CommScope Holding Company, Inc.

-          Cleerline Fiber Optics Redefine

Note: The above list does not necessarily include all the top players in the market.

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