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Fiber Optics Market Share
- Report ID: GMI9211
- Published Date: May 2024
- Report Format: PDF
Frequently Asked Questions (FAQ) :
The market size for fiber optics was valued at USD 8.1 billion in 2023 and is anticipated to grow at over 5% CAGR between 2024 and 2032, owing to the rising demand for the internet and fast connectivity.
The glass fibers segment in the fiber optics market recorded over 70% share in 2023, driven by the robust and high-capacity communication infrastructure.
Asia Pacific market size is poised to grow over 10% CAGR from 2024 to 2032, backed by rapid urbanization and population growth, particularly in China, India, and other Southeast Asian countries.
STL Tech, TE Connectivity, Corning Incorporated, Newport Corporation, Broadco, Commscope, and Fiberoptics Technology Incorporated.
Fiber Optics Market Scope
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