Multimode-Fiber Cable Market Report 2026

The multimode-fiber cable market size has grown steadily in recent years. It will grow from $10.78 billion in 2025 to $11.04 billion in 2026 at a compound annual growth rate (CAGR) of 2.4%. The growth in the historic period can be attributed to rising demand for it and telecom connectivity, expansion of data centers, growth in local area networks (lans), adoption of fiber optic in enterprises, increasing need for high-speed video and voice transmission.

The multimode-fiber cable market size is expected to see steady growth in the next few years. It will grow to $12.51 billion in 2030 at a compound annual growth rate (CAGR) of 3.2%. The growth in the forecast period can be attributed to deployment of 5g and next-gen telecom networks, expansion in smart cities and iot infrastructure, rising adoption in automotive and industrial automation, demand for scalable and modular networking solutions, innovation in low-loss multimode fiber cables. Major trends in the forecast period include high-speed data transmission solutions, cost-effective short-distance networking, multi-layer network architecture, advanced fiber coating technologies, optical communication reliability enhancements.

The increasing adoption of Internet of Things (IoT) devices is anticipated to drive the growth of the multimode fiber cable market. IoT refers to the network of physical devices, vehicles, buildings, and other objects embedded with sensors, software, and connectivity to collect and exchange data over the internet. IoT devices often depend on data centers to process and store the vast amounts of data they generate. Multimode fiber cables are used within data centers to ensure high-speed, low-latency connections between servers, switches, and storage systems, which is essential for efficiently managing the data produced by IoT devices. For example, according to IoT Analytics, a Germany-based internet company, 16.6 billion IoT devices are projected to be connected globally by the end of 2023, with a 13% growth forecasted to reach 18.8 billion devices by the end of 2024. As a result, the expanding adoption of IoT devices is fueling the growth of the multimode fiber cable market.

Leading companies in the multimode-fiber cable market are actively innovating with new technologies, such as the adoption of gel-free, dry buffer tube technology, to enhance their market competitiveness and profitability. Gel-free, dry buffer tube technology involves a specialized water-blocking adhesive used in fiber optic cables to effectively absorb any moisture that the cable might encounter. In a significant development, AFL Telecommunications LLC, a U.S.-based telecommunications equipment company, introduced this gel-free, dry buffer tube technology in September 2023. This technology eliminates the need for buffer tubes filled with gel by efficiently absorbing any moisture the cable may come into contact with. In addition, this dry buffer tube approach is designed to streamline installation processes by omitting the requirement for support or messenger wires, making it cost-effective and straightforward.

In May 2024, Amphenol Corporation, a US-based provider of interconnect systems, sensors, cables, and electronic connectivity solutions, acquired the Carlisle Interconnect Technologies (CIT) business from Carlisle Companies Incorporated for an undisclosed amount. This acquisition enables Amphenol to strengthen its harsh-environment interconnect product portfolio and broaden its strategic presence across aerospace, defense, industrial, and medical sectors. Carlisle Companies Incorporated is a US-based manufacturer of fiber optic cables.

Major companies operating in the multimode-fiber cable market are Corning Incorporated, TE Connectivity Ltd., CommScope Inc., 3M Company, Fujikura Ltd., Amphenol Corporation, Molex LLC, Prysmian Group, OFS Furukawa, Belden Inc., Sumitomo Electric Industries Ltd., HUBER+SUHNER AG, Nexans S.A., LS Cable & System Ltd., Aptiv PLC, Yangtze Optical Fibre and Cable Joint Stock Limited Company, HTGD (Hengtong Group Dalian Hengtong Optic-Electric Co. Ltd.), Radiall, AFL (AFL Telecommunications), Furukawa Electric Co. Ltd., Optical Cable Corporation, Berk-Tek (a Nexans company), Leviton Manufacturing Co. Inc., Panduit Corporation, Superior Essex Inc., Yangtze Optical Fibre and Cable Joint Stock Limited Company (Futong), Tongding, FiberHome Technologies Group, General Cable Technologies Corporation, Kaile Science & Technology Co. Ltd., Hengtong Group Co. Ltd., Hindustan Cables Limited, Leoni AG, Panduit Corporation, Siemon Company, Sterlite Technologies Limited, Superior Essex Inc., Thorlabs Inc., Timbercon Inc., Transition Networks Inc., VIAVI Solutions Inc.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have influenced the multimode fiber cable market by increasing import costs and affecting the availability of raw materials such as high-purity glass and specialized polymers. This has led to higher production costs, particularly impacting segments like IT & Telecom and regions such as Asia-Pacific where major manufacturing hubs exist. Automotive and energy applications face cost pressure due to the tariff imposition, while some local manufacturers benefit by increased demand for domestically produced fibers. Overall, tariffs are driving market participants to optimize sourcing, invest in local production, and innovate in cost-efficient fiber solutions.

The multimode-fiber optic cable market research report is one of a series of new reports that provides multimode-fiber cable market statistics, including multimode-fiber cable industry global market size, regional shares, competitors with a multimode-fiber cable market share, detailed multimode-fiber cable market segments, market trends and opportunities, and any further data you may need to thrive in the multimode-fiber cable industry. This multimode-fiber cable market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Multimode fiber cable is an optical fiber designed to transmit multiple light rays at slightly different angles of reflection. While it is more affordable for shorter distances, it experiences higher signal loss and offers lower bandwidth than single-mode fiber. It is typically used for high-speed data transmission, including video, voice, and data communication, over shorter distances.

The primary product types of multimode fiber optic cables are step-index fiber and gradient type. Step-index fiber consists of a cylindrical waveguide core with an inner core featuring a uniform refractive index of n1 and an outer cladding with a uniform refractive index of n2. These cables can be constructed using materials such as plastic optical fiber and glass optical fiber to create both single-mode and multi-mode cable options. These cables have a wide range of applications, serving IT and telecom, government, energy, automotive, and various other industries.Asia-Pacific was the largest region in the multimode-fiber cable market in 2025. North America was the second-largest region in the multimode-fiber cable market. The regions covered in the multimode-fiber cable market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the multimode-fiber cable market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The multimode-fiber cable market consists of sales of glass fiber cables, plastic optical fiber cables, and other single-mode fiber cables. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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