Canada Fiber Optics Market Size & Outlook, 2026-2033
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Canada fiber optics market highlights
- The Canada fiber optics market generated a revenue of USD 796.3 million in 2025 and is expected to reach USD 1,156.8 million by 2033.
- The Canada market is expected to grow at a CAGR of 4.7% from 2026 to 2033.
- In terms of segment, multi-mode was the largest revenue generating mode in 2025.
- Plastic Optical Fiber is the most lucrative mode segment registering the fastest growth during the forecast period.
Fiber optics market data book summary
| Market revenue in 2025 | USD 796.3 million |
| Market revenue in 2033 | USD 1,156.8 million |
| Growth rate | 4.7% (CAGR from 2026 to 2033) |
| Largest segment | Multi-mode |
| Fastest growing segment | Plastic Optical Fiber |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Mode, Multi-Mode, Plastic Optical Fiber |
| Key market players worldwide | Furukawa Electric Co Ltd, Corning Inc, Molex, OFS, Optical Cable Corp, Prysmian SpA, Sterlite Technologies Ltd DR |
Other key industry trends
- In terms of revenue, Canada accounted for 7.4% of the global fiber optics market in 2025.
- Country-wise, India is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. fiber optics market is projected to lead the regional market in terms of revenue in 2033.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 475.0 million by 2033.
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Fiber Optics Market Scope
Fiber Optics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Prysmian SpA | View profile | 30351 | Via Chiese 6, MIlan, Italy, 20126 | https://www.prysmiangroup.com |
| Molex | View profile | 11-50 | Hankamer, Texas, United States, North America | https://www.molexcompany.com |
| Optical Cable Corp | View profile | 327 | 5290 Concourse Drive, Roanoke, VA, United States, 24019 | https://www.occfiber.com |
| Sterlite Technologies Ltd DR | View profile | 5672 | Koregaon Road 9, STS 12/1, 4th Floor, Godrej Millennium, Pune, MH, India, 411 001 | https://www.stl.tech |
| OFS | View profile | 1001-5000 | Huntingburg, Indiana, United States, North America | https://ofs.com |
| Corning Inc | View profile | 49800 | One Riverfront Plaza, Corning, NY, United States, 14831 | https://www.corning.com |
| Furukawa Electric Co Ltd | View profile | 51314 | Marunouchi Nakadori Building, 2-3, Marunouchi 2-chome, Chiyodaku, Tokyo, Japan, 100-8322 | http://www.furukawa.co.jp |
Canada 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 57.63% in 2025. Horizon Databook has segmented the Canada fiber optics market based on single mode, multi-mode, plastic optical fiber covering the revenue growth of each sub-segment from 2021 to 2033.
The government in the country has been actively investing in the expansion of broadband infrastructure, with a particular emphasis on remote and rural areas, to improve internet connectivity throughout the country. This initiative has propelled the demand for fiber optic networks, owing to their capacity for faster data transmission speeds and higher bandwidth.
Acknowledging the key role of broadband access in facilitating economic development, healthcare, education, and the delivery of essential services within rural communities, the government is actively working towards expanding optical fiber infrastructure to these areas, thereby enabling quicker and more reliable internet connections.
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Our clientele includes a mix of fiber optics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada fiber optics market , including forecasts for subscribers. This country databook contains high-level insights into Canada fiber optics market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Canada fiber optics market size, by type, 2017-2030 (US$M)
Canada Fiber Optics Market Outlook Share, 2025 & 2033 (US$M)
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