France Fiber Optics Market Size & Outlook, 2023-2030
France fiber optics market, 2017-2030 (US$M)
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France fiber optics market highlights
- The France fiber optics market generated a revenue of USD 438.3 million in 2023 and is expected to reach USD 640.5 million by 2030.
- The France market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, multi-mode was the largest revenue generating type in 2023.
- Plastic Optical Fiber (POF) is the most lucrative type segment registering the fastest growth during the forecast period.
Fiber optics market data book summary
| Market revenue in 2023 | USD 438.3 million |
| Market revenue in 2030 | USD 640.5 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Multi-mode |
| Fastest growing segment | Plastic Optical Fiber (POF) |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single mode, Multi-mode, Plastic Optical Fiber (POF) |
| 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, France accounted for 4.7% of the global fiber optics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany fiber optics market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 640.5 million by 2030.
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Fiber Optics Market Scope
Fiber Optics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
France 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 51.52% in 2023. Horizon Databook has segmented the France 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.
The rising need for optical networking equipment capable of high-speed data transmission in the telecom and data com industries is expected to have a positive impact on the demand for fiber optics. The growth of the fiber optics market in the country is also supported by government initiatives and financial support aimed at expanding optical fiber networks.
Additionally, the government announced an extra USD 440.83 million for the France Reliance project, specifically designed to extend optical fiber networks to rural areas across France. These measures are playing a significant role in propelling the expansion of fiber optics in the country.
The deployment of optical fiber infrastructure involves substantial initial investments. To make this technology accessible to the broadest possible audience, it is essential to extend fiber optic cables to every household that requires them.
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Horizon Databook provides a detailed overview of country-level data and insights on the France fiber optics market , including forecasts for subscribers. This country databook contains high-level insights into France fiber optics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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France fiber optics market size, by type, 2017-2030 (US$M)
France Fiber Optics Market Outlook Share, 2023 & 2030 (US$M)
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