Optical Fiber Cable Market Size, Share, Opportunities, And Trends By Mode (Single Mode, Multi-Mode), By Transmission Speed (<100G, 100G, 200G, 400G), By Type (Direct Attach Cable (DAC), Active Optical Cable (AOC)), And By Geography - Forecasts From 2024 To 2029

GROWTH DRIVERS

• GROWING ADOPTION BY IT AND THE TELECOM SECTOR

The need for a transmission medium capable of managing a greater bandwidth for such massive amounts of information has arisen due to the explosion in data traffic from various sources, such as the Internet, e-commerce, and multimedia. The solution is fiber optic cables, which have virtually infinite bandwidth. Additionally, optical fiber is a crucial part of fixed and mobile internet networks.

Increased fiber rollout speed is essential for high-speed, massive data backhaul that improves dependability and reduces latency. Telecommunication companies are investing in expanding their offerings and new spectrum deployments to meet the ongoing demand. For instance, in August 2022, Bharti Airtel paid Rs.8,312.4 crores to the Department of Telecommunication as an upfront payment, concluding the company’s initial bid on the 5G spectrum auction.

Big Data, 5G, and IoT heavily rely on high-speed bandwidth for real-time data collection and transfer, which makes optical fiber cables an ideal choice. They offer security, scalability, and unlimited bandwidth potential for handling high amounts of backhaul traffic being generated. The deployment of 5G is anticipated to increase bandwidth and reduce latency directly to networks.

NEW OPPORTUNITIES IN THE GLOBAL OPTICAL FIBER CABLE MARKET

• SINGLE MODE

Based on mode, the 5g optical fiber cable market is divided into single-mode and multi-mode. The former is poised for significant growth and will account for a considerable market proportion during the anticipated period. A single-mode fiber optic cable only permits one light mode to propagate due to its small diameter core.

The booming demand for long-distance transmission is set to pave the way for future market expansion for single-model products, which are increasingly applicable in CATV providers, universities, and colleges for higher bandwidth runs.

• 400G

By transmission speed, the 5G optical fiber cable is divided into <100G, 100G, 200G, and 400G. Owing to its greater efficiency, the 400G is expected to show the quickest growth during the forecast period. The product offerings in this segment include:

OPTICAL FIBER CABLE MARKET GEOGRAPHICAL PRESENCE

The global optical fiber cable market consists of some major nations that are implementing necessary policies and strategic investments to bolster 5G deployment across urban and rural communities. Countries, namely the United States, China, Japan, South Korea, and EU nations such as Germany, France, and Spain, are showing the quickest adaption to the ongoing shift towards higher speed bandwidth, which has stimulated the overall market expansion. For instance,

• In May 2024, Nokia was awarded a contract from Deutsche Glasfaser to build a modern country-wide fiber broadband network in Germany. This network will integrate Nokia’s various IP network products, including a next-generation PON fiber solution capable of supporting XGS-PON, 25G PON, and GPON on the same fiber.
• In May 2024, optical solution provider STL partnered with UK-based tech firm Connexin to provide “Smart Fiber Deployment Service” to nearly 30,000 rural households in West Lincolnshire and Nottinghamshire. The contract is worth £58 million and forms part of the “Project Gigabit” launched by the UK government to bring ultrafast gigabit connectivity to rural communities.
• In March 2023, OFC 2023 (Optical Fiber Communications Conference and Exhibition) occurred in the USA, focusing on networking and optical communications solutions and their impact on 5G. The program is extensive from research to the marketplace, from components to systems and networks, and to technical sessions to the exhibition.

MAJOR PLAYERS IN THE MARKET

Leading market players, namely Furukawa, Sumitomo Electric Industries, Bendel, HFCL, and STL, are investing in strategic maneuvers such as facility establishment, collaboration, product launches, and partnerships, which have expanded their product offerings. For instance,

• In May 2024, Belden established its state-of-the-art fiber technology center in Arizona to manufacture optical fiber cable and other connectivity solutions. The establishment would bolster fiber technology and meet the growing demand for highspeed bandwidth fueled by the increasing digital transformation.
• In January 2024, Sumitomo Electric Industries formed a fiber optic section on its site that mainly provided information regarding fiber optic products, including products such as “2C Z-PLUS™ Fiber ULL,” which would be used in data center and 5G network applications.
• In August 2022, STL introduced an extensive portfolio of optical connectivity solutions for the Indian market. The portfolio comprised a range of optical fiber cables inclusive of “Stellar Fiber”, “Celesta Intelligently Bonded Ribbon Cable combined with compact optical ribbon closure”, and Micromodule cable having micro-optical demarcation closure”. The products would accelerate the 5G deployment with ease and conformity in India.
• In April 2022, HFCL completed the laying of optical fiber cable (OFC) in Jharkhand, which would provide all 1,789 Gram Panchayats in Jharkhand with high broadband connectivity and would cover an area of over 7,765 km. The initiative formed a part of the “BharatNet Project” launched by the Indian government.

Optical Fiber Cable Market Scope:

The Optical Fiber Cable market is segmented and analyzed as follows:

• By Mode
  • Single-Mode
  • Multi-Mode
• By Transmission Speed
  • <100G
  • 100G
  • 200G
  • 400G
• By Type
  • Direct Attach Cable (DAC)
  • Active Optical Cable (AOC)
• By Geography
  • Americas
    • United States
    • Others
  • Europe, Middle East, and Africa
    • Germany
    • UK
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Others