This report describes and explains the fiber optical cable market and covers 2020-2025, termed the historic period, and 2025-2030, 2035F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global fiber optical cable market reached a value of nearly $16.34 billion in 2025, having grown at a compound annual growth rate (CAGR) of 10% since 2020. The market is expected to grow from $16.34 billion in 2025 to $25.21 billion in 2030 at a rate of 9.1%. The market is then expected to grow at a CAGR of 7.8% from 2029 and reach $36.78 billion in 2035.
Growth in the historic period resulted from increasing expansion of data centers, increasing investments in telecommunications infrastructure, rising cross-border data traffic and increasing digital transformation across industries. Factors that negatively affected growth in the historic period were high upfront capital investment for network deployment and shortage of skilled workforce.
Going forward, rising demand for high-speed internet connectivity, rising deployment of 5G infrastructure networks, increasing adoption of fiber-to-the-home connections, government-led broadband expansion programs will drive the growth. Factors that could hinder the growth of the fiber optical cable market in the future include supply chain disruptions for raw materials, high maintenance and repair costs and impact of trade wars and tariffs.
Market trends for the fiber optical cable market include prioritizing advanced fiber technologies and intelligent network solutions; prioritizing the Internet of Things (IoT), smart infrastructure, and connected ecosystems; prioritizing Industry 4.0 and intelligent manufacturing; prioritizing artificial intelligence-enabled network solutions and high-density fiber technologies; and prioritizing sustainability, circular economy practices, and eco-friendly materials.
The fiber optical cable market is segmented by fiber material into glass optical fiber and plastic optical fiber. The glass optical fiber market was the largest segment of the fiber optical cable market segmented by fiber material, accounting for 88.9% or $14.52 billion of the total in 2025. Going forward, the plastic optical fiber segment is expected to be the fastest growing segment in the fiber optical cable market segmented by fiber material, at a CAGR of 10% during 2025-2030.
The fiber optical cable market is segmented by product type into single-mode cable and multi-mode cable. The single-mode cable was the largest segment of the fiber optical cable market segmented by product type, accounting for 62.5% or $10.21 billion of the total in 2025. Going forward, the single-mode cable segment is expected to be the fastest growing segment in the fiber optical cable market segmented by product type, at a CAGR of 10% during 2025-2030.
The fiber optical cable market is segmented by application into telecom, oil and gas, military and aerospace, BFSI, medical, imaging, railway and other applications. The telecom market was the largest segment of the fiber optical cable market segmented by application, accounting for 55.7% or $9.09 billion of the total in 2025. Going forward, the medical segment is expected to be the fastest growing segment in the fiber optical cable market segmented by application, at a CAGR of 11% during 2025-2030.
Asia Pacific was the largest region in the fiber optical cable market, accounting for 41.7% or $6.81 billion of the total in 2025. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the fiber optical cable market will be Asia Pacific and North America where growth will be at CAGRs of 10.1% and 8.6% respectively. These will be followed by Africa and Western Europe where the markets are expected to grow at CAGRs of 8.5% and 8.4% respectively.
The global fiber optical cable market is concentrated, with large players dominating the market. The top 10 competitors in the market made up 41.85% of the total market in 2024. Corning Inc. was the largest competitor with a 12.38% share of the market, followed Prysmian Group with 7.52%, Fujikura Ltd. with 4.46%, Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC) with 3.27%, CommScope Inc. with 2.82%, Hengtong Group Co. Ltd. with 2.80%, Sumitomo Electric Industries Ltd. with 2.45%, Furukawa Electric Co. Ltd. with 2.30%, Nexans S.A. with 1.99% and ZTT International Limited with 1.86%.
The top opportunities in the fiber optical cable market segmented by fiber material will arise in the glass optical fiber segment, which will gain $7.75 billion of global annual sales by 2030. The top opportunities in the fiber optical cable market segmented by product type will arise in the single-mode cable segment, which will gain $6.2 billion of global annual sales by 2030. The top opportunities in the fiber optical cable market segmented by application will arise in the telecom segment, which will gain $5.83 billion of global annual sales by 2030. The fiber optical cable market size will gain the most in China at $1.98 billion.
Player-adopted strategies in the fiber optical cable market include focus on strengthening its operational capabilities through new facility investments and focus on strengthening its business operations through new launches.
Market-trend-based strategies for the fiber optical cable market include focus on enhancing fiber deployment efficiency and high-density network infrastructure, focus on the development of advanced high-capacity cable solutions designed, focus on focusing on the development of ultra-high-density and space-efficient cable solutions and focus on expanding their product portfolios with advanced cable assemblies designed.
To take advantage of the opportunities, the analyst recommends the fiber optical cable companies to focus on high density micro cable deployment for scalable fiber networks, focus on multi core fiber cable development for high density network capacity, focus on ultra dense fiber cable design for high capacity network expansion, focus on high performance fiber cable assemblies for reliable network connectivity, focus on plastic optical fiber for high growth short distance connectivity demand, focus on single mode fiber cable for long distance high capacity network expansion, expand in emerging markets, continue to focus on developed markets, focus on value based and segment specific pricing strategies for fiber optical cable growth, focus on digital first promotion and industry targeted engagement for fiber optical cable growth, focus on medical applications for high growth fiber optic cable demand.
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The global fiber optical cable market reached a value of nearly $16.34 billion in 2025, having grown at a compound annual growth rate (CAGR) of 10% since 2020. The market is expected to grow from $16.34 billion in 2025 to $25.21 billion in 2030 at a rate of 9.1%. The market is then expected to grow at a CAGR of 7.8% from 2029 and reach $36.78 billion in 2035.
Growth in the historic period resulted from increasing expansion of data centers, increasing investments in telecommunications infrastructure, rising cross-border data traffic and increasing digital transformation across industries. Factors that negatively affected growth in the historic period were high upfront capital investment for network deployment and shortage of skilled workforce.
Going forward, rising demand for high-speed internet connectivity, rising deployment of 5G infrastructure networks, increasing adoption of fiber-to-the-home connections, government-led broadband expansion programs will drive the growth. Factors that could hinder the growth of the fiber optical cable market in the future include supply chain disruptions for raw materials, high maintenance and repair costs and impact of trade wars and tariffs.
Market trends for the fiber optical cable market include prioritizing advanced fiber technologies and intelligent network solutions; prioritizing the Internet of Things (IoT), smart infrastructure, and connected ecosystems; prioritizing Industry 4.0 and intelligent manufacturing; prioritizing artificial intelligence-enabled network solutions and high-density fiber technologies; and prioritizing sustainability, circular economy practices, and eco-friendly materials.
The fiber optical cable market is segmented by fiber material into glass optical fiber and plastic optical fiber. The glass optical fiber market was the largest segment of the fiber optical cable market segmented by fiber material, accounting for 88.9% or $14.52 billion of the total in 2025. Going forward, the plastic optical fiber segment is expected to be the fastest growing segment in the fiber optical cable market segmented by fiber material, at a CAGR of 10% during 2025-2030.
The fiber optical cable market is segmented by product type into single-mode cable and multi-mode cable. The single-mode cable was the largest segment of the fiber optical cable market segmented by product type, accounting for 62.5% or $10.21 billion of the total in 2025. Going forward, the single-mode cable segment is expected to be the fastest growing segment in the fiber optical cable market segmented by product type, at a CAGR of 10% during 2025-2030.
The fiber optical cable market is segmented by application into telecom, oil and gas, military and aerospace, BFSI, medical, imaging, railway and other applications. The telecom market was the largest segment of the fiber optical cable market segmented by application, accounting for 55.7% or $9.09 billion of the total in 2025. Going forward, the medical segment is expected to be the fastest growing segment in the fiber optical cable market segmented by application, at a CAGR of 11% during 2025-2030.
Asia Pacific was the largest region in the fiber optical cable market, accounting for 41.7% or $6.81 billion of the total in 2025. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the fiber optical cable market will be Asia Pacific and North America where growth will be at CAGRs of 10.1% and 8.6% respectively. These will be followed by Africa and Western Europe where the markets are expected to grow at CAGRs of 8.5% and 8.4% respectively.
The global fiber optical cable market is concentrated, with large players dominating the market. The top 10 competitors in the market made up 41.85% of the total market in 2024. Corning Inc. was the largest competitor with a 12.38% share of the market, followed Prysmian Group with 7.52%, Fujikura Ltd. with 4.46%, Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC) with 3.27%, CommScope Inc. with 2.82%, Hengtong Group Co. Ltd. with 2.80%, Sumitomo Electric Industries Ltd. with 2.45%, Furukawa Electric Co. Ltd. with 2.30%, Nexans S.A. with 1.99% and ZTT International Limited with 1.86%.
The top opportunities in the fiber optical cable market segmented by fiber material will arise in the glass optical fiber segment, which will gain $7.75 billion of global annual sales by 2030. The top opportunities in the fiber optical cable market segmented by product type will arise in the single-mode cable segment, which will gain $6.2 billion of global annual sales by 2030. The top opportunities in the fiber optical cable market segmented by application will arise in the telecom segment, which will gain $5.83 billion of global annual sales by 2030. The fiber optical cable market size will gain the most in China at $1.98 billion.
Player-adopted strategies in the fiber optical cable market include focus on strengthening its operational capabilities through new facility investments and focus on strengthening its business operations through new launches.
Market-trend-based strategies for the fiber optical cable market include focus on enhancing fiber deployment efficiency and high-density network infrastructure, focus on the development of advanced high-capacity cable solutions designed, focus on focusing on the development of ultra-high-density and space-efficient cable solutions and focus on expanding their product portfolios with advanced cable assemblies designed.
To take advantage of the opportunities, the analyst recommends the fiber optical cable companies to focus on high density micro cable deployment for scalable fiber networks, focus on multi core fiber cable development for high density network capacity, focus on ultra dense fiber cable design for high capacity network expansion, focus on high performance fiber cable assemblies for reliable network connectivity, focus on plastic optical fiber for high growth short distance connectivity demand, focus on single mode fiber cable for long distance high capacity network expansion, expand in emerging markets, continue to focus on developed markets, focus on value based and segment specific pricing strategies for fiber optical cable growth, focus on digital first promotion and industry targeted engagement for fiber optical cable growth, focus on medical applications for high growth fiber optic cable demand.
This product will be delivered within 3-5 business days.
Table of Contents
1 Executive Summary
6 Market Characteristics
8 Global Fiber Optical Cable Market Attractiveness Scoring And Analysis
9 Fiber Optical Cable Market, Supply Chain Analysis
10 Major Market Trends
11 Global Fiber Optical Cable Growth Analysis And Strategic Analysis Framework
12 Global Fiber Optical Cable Market Size And Growth Analysis
13 Global Fiber Optical Cable Total Addressable Market (TAM) Analysis
14 Global Fiber Optical Cable Market Segmentation
15 Fiber Optical Cable Market, Regional and Country Analysis
16 Asia-Pacific Market
17 South East Asia Market
18 North America Market
19 Western Europe Market
20 South America Market
21 Eastern Europe Market
22 Middle East Market
23 Africa Market
24 Competitive Landscape And Company Profiles
25 Other Major And Innovative Companies
28 Fiber Optical Cable Market - Company Scoring Matrix
30 Key Mergers And Acquisitions
31 Recent Developments In Fiber Optical Cable
32 Opportunities And Strategies
33 Fiber Optical Cable Market, Conclusions And Recommendations
34 Appendix
Executive Summary
Fiber Optical Cable Global Market Opportunities And Strategies To 2035 provides the strategists; marketers and senior management with the critical information they need to assess the global fiber optical cable market as it emerges from the COVID-19 shut down.Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
Where is the largest and fastest-growing market for fiber optical cable? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The fiber optical cable market global report answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider fiber optical cable market; and compares it with other markets.
The report covers the following chapters:
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the segments, key products, supply chain and market attractiveness scoring and analysis.
- Key Trends - Highlights the major trends shaping the global market. This section also highlights likely future technologies and developments in the market.
- Growth Analysis And Strategic Analysis Framework - Analysis on PESTEL, end use industries, market growth rate, global historic (2020-2025) and forecast (2025-2030, 2035F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
- Global Market Size And Growth: Global historic (2020-2025) and forecast (2025-2030, 2035F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis: Historic (2020-2025) and forecast (2025-2030, 2035F) market values and growth and market share comparison by region and country.
- Market Segmentation: Contains the market values (2020-2025) (2025-2030, 2035F) and analysis for each segment by component of process control system, by scale of operation, mode of operation and by compatibility with bioprocessing systems in the market. Historic (2020-2025) and forecast (2025-2030) and (2030-2035) market values and growth and market share comparison by region market.
- Regional Market Size And Growth: Regional market size (2025), historic (2020-2025) and forecast (2025-2030, 2035F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape: Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players
- Other Major And Innovative Companies: Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking: Briefs on the financials comparison between major players in the market.
- Competitive Dashboard: Briefs on competitive dashboard of major players.
- Key Mergers And Acquisitions: Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Recent Developments: Information on recent developments in the market covered in the report.
- Market Opportunities And Strategies: Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations: This section includes recommendations for fiber optical cable providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix: This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
1) By Fiber Material: Glass Optical Fiber; Plastic Optical Fiber
2) By Product Type: Single-Mode Cable; Multi-Mode Cable
3) By Application: Telecom; Oil And Gas; Military And Aerospace; BFSI; Medical; Imaging; Railway; Other Applications
Companies Mentioned: Corning Inc.; Prysmian Group; Fujikura Ltd.; Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC); CommScope Inc.
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia; Taiwan
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; fiber optical cable indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
- Corning Inc.
- Prysmian Group
- Fujikura Ltd.
- Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC)
- CommScope Inc.
- Hengtong Group Co. Ltd.
- Sumitomo Electric Industries Ltd.
- Furukawa Electric Co. Ltd.
- Nexans S.A.
- ZTT International Limited
- HFCL Limited
- LS Cable & System
- FiberHome Telecommunication Technologies Co., Ltd.
- Futong Group Co., Ltd.
- Jiangsu Fasten Photonics Co., Ltd.
- SWCC Showa Cable Systems Co., Ltd.
- Oki Electric Cable Co., Ltd.
- Taihan Fiberoptics Co., Ltd.
- Hyesung Cable & Communication
- Fiber Optic Korea Co., Ltd.
- Global Optical Communication Co., Ltd.
- TMC Co., Ltd.
- LiComm Co., Ltd.
- Taiwan Fiber Optics, Inc.
- Walsin Lihwa Corporation
- United Fiber Optic Communication Inc. (UFOC)
- FOCI Fiber Optic Communications, Inc.
- PT Lightera Telecommunication Indonesia
- Thai Fiber Optics Co., Ltd.
- Bangkok Cable Company Limited
- OFS
- Sterlite Technologies Limited
- Hexatronic Group AB
- Belden Inc.
- Amphenol Corporation
- Nestor Cables Oy
- Clearfield Inc.
- Orange
- HEW-KABEL Holding GmbH
- Habia Cable
- EdgeUno
- Telebras
- Claro Argentina
- Fibertel
- Oi S.A.
- Entel
- TigoUne
- SES S.A.
- Russian Satellite Communications Company (RSCC)
- AltegroSky GC
- JSC Gazprom Space Systems
- SCANEX Group
- Gonets Leosat System
- GeoTelecommunications LLC
- Thorium Space
- SatRev S.A.
- NAVISAT, s.r.o.
- EXATEL S.A.
- GomSpace Group AB
- EnduroSat
- Sputnix
- Bezeq
- STC (Saudi Telecom Company)
- Cinturion Corp Ltd
- Partner Communications Company
- Cellcom Israel Ltd.
- Mobily
- Zain KSA
- Türk Telekom
- Vodafone Turkey
- Benya
- Telecom Egypt
- Orange Egypt
- NileSat
- MTN Nigeria
- Airtel Nigeria
- Smile Communications
