Fiber Optics Market Outlook & Business Recovery

Fiber optics offer several advantages as compared to the traditional copper wire systems. Market research reports state that fiber cables are immune to electromagnetic fluctuations caused due to bad weather conditions. This immunity prevents any form of interruptions that can affect the transmission quality. As these cables are non-metallic, they do not carry any current and cannot generate a spark which proves to be much safer than other forms of transmission channels. The market growth for this technology amongst prominent industrial modules can be mapped through Global Market Database. The market research tool provides free market data across 12 different industries.
End-User Analysis:
The market database indicates that communication and non-communication are the two sections for which optic fibers are utilized. Based on the communication vertical the section is further sub-divided into telecom, premises, utility, medical, CATV, military, and other types. The telecom module has dominated the use cases for fiber optics to provide fast transmission of information. The market outlook for this industry type is expected to stay positive. The medical and healthcare industry has also experimented with the use of fiber optics in critical scenarios. According to free-market data from market research tools, greater emphasis on the R&D activities has led to applications in X-ray imaging, ophthalmic lasers, clinical diagnosis, light therapy, surgical endoscopy, and more.
Broadband Architecture (FTTx):

According to the market database, the FTTx has varied types which include Fiber to The Home (FTTH), Fiber to The Premises (FTTP), Fiber to The Building (FTTB), Fiber to The Curb (FTTC), and Fiber to The Neighborhood (FTTN). The advancement in the telecom module has allowed innovation in broadband architectures to cater to the demand for high-quality information at faster speeds. High-Definition (HD) video technology has utilized the maximum bandwidth at homes and business premises. The market outlook for this segment can be analyzed through market research tools.
Growth Catalysts of Fiber Optics Market:
Numerous factors have contributed towards an optimistic market outlook for fiber optics. Globally, there is an increased demand for a high-speed internet connection to get access to a different form of information according to the market database. Market research tools state that the advancements in the telecom module have contributed significantly towards the growth of this market. It is also expected to drive the business recovery in the post-COVID scenario. According to the International Telecommunication Union (ITU) in 2018, 51.2% of the global population was using the internet.
Fiber Optic Market in APAC Region:
This region has contributed significantly to the fiber optics market. The business recovery is expected to be guided by China and India because of the population density. According to the market database, greater deployments in terms of fiber optic architecture are witnessed in these areas as a greater number of populations are now connected to the internet.
China has also acted as the manufacturing hub for the fiber optics market and provides large-scale network solutions at a low-cost. The market outlook for this region is expected to stay buoyant. According to a major market research report, China had 100 million fiber subscribers in the year 2015.
North America & Europe Fiber Optic Market:
Market research reports suggest that both the regions are expected to be fast-growing as greater investments are witnessed to deploy the relevant infrastructure for 5G. Moreover, market research tools indicate that the increased use of internet-dependent devices has contributed to the market growth in both regions. A well-established telecom ecosystem and the need to replace copper backhauled network towers have boosted the use cases of fiber optics.
FTTH council reported 88.1 million high-speed fiber home connections in the year 2018. The number is expected to increase on the back of improved demand for high bandwidth services.

  • Issue by:Global Market Database
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