Global Fiber Optics Market Size & Outlook, 2023-2030
Global fiber optics market, 2017-2030 (US$M)
Related Markets
Global fiber optics market highlights
- The global fiber optics market generated a revenue of USD 9,391.2 million in 2023 and is expected to reach USD 14,933.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.9% by 2030.
- In terms of segment, multi-mode accounted for a revenue of USD 5,037.6 million in 2023.
- Plastic Optical Fiber (POF) is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 9,391.2 million |
| Market revenue in 2030 | USD 14,933.8 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Multi-mode |
| Fastest growing segment | Plastic Optical Fiber (POF) |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single mode, Multi-mode, Plastic Optical Fiber (POF) |
Other key industry trends
- In terms of revenue, the North America accounted for 27.4% of the global fiber optics market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 905.5 million by 2030.
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Fiber Optics Market Scope
Fiber Optics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global fiber optics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fiber optics market will help companies and investors design strategic landscapes.
Multi-mode was the largest segment with a revenue share of 53.64% in 2023. Horizon Databook has segmented the Global fiber optics market based on single mode, multi-mode, plastic optical fiber (pof) covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Fiber Optics Type Outlook (Revenue, USD Million, 2017-2030)
- Single mode
- Multi-mode
- Plastic Optical Fiber (POF)
- Global Fiber Optics Application Outlook (Revenue, USD Million, 2017-2030)
- Telecom
- Oil & Gas
- Military & Aerospace
- BFSI
- Medical
- Railway
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global fiber optics market , including forecasts for subscribers. This global databook contains high-level insights into Global fiber optics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global fiber optics market size, by region, 2017-2030 (US$M)
Top 10 countries: Fiber optics market size, 2023 (US$M)
Global fiber optics market share, by type, 2023 & 2030 (%, US$M)
Fiber optics market: Opportunity assessment by country
Global fiber optics market, by region, 2023 (US$M)
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