Fiber Optic Cable Market Size, Share, Growth & Industry Information (2025 - 2030)

The Report Covers Fiber Optic Cable Manufacturing Companies and is Segmented by End-User Industry (Telecommunication, Power Utilities, Defense/Military, Industrial, Medical, and Other End-User Industries) and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Report Offers Market Sizes and Forecasts in Value (USD) for all the Above Segments.

Fiber Optic Cable Market Size

Fiber Optic Cable Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 13.92 Billion
Market Size (2030) USD 20.89 Billion
CAGR (2025 - 2030) 8.46 %
Fastest Growing Market North America
Largest Market Asia Pacific
Market Concentration Low

Major Players

Fiber Optic Cable Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Fiber Optic Cable Market Analysis

The Fiber Optic Cable Market size is estimated at USD 13.92 billion in 2025, and is expected to reach USD 20.89 billion by 2030, at a CAGR of 8.46% during the forecast period (2025-2030).

The fiber optic industry is experiencing a transformative phase driven by the global push toward digital infrastructure modernization and enhanced connectivity requirements. The evolution of fifth-generation networks and fiber optic infrastructure has catalyzed digital transformation across industries, with fiber optic cables offering superior security, reliability, and bandwidth compared to traditional copper cables. The industry has witnessed significant technological advancement in terms of transmission capabilities and infrastructure development. According to the Fiber Broadband Association, US fiber-to-the-home (FTTH) witnessed remarkable growth of 13% in 2023, reaching 78 million homes, demonstrating the accelerating pace of fiber deployment.


Manufacturing capacity expansion and strategic investments have become paramount in meeting the escalating demand for fiber optic infrastructure. Major fiber optic cable manufacturers are actively expanding their production capabilities through new facility establishments and technological upgrades. A notable example is the October 2023 agreement between the Suez Canal Economic Zone and Hengtong, involving an $18 million investment to establish manufacturing capabilities for up to two million kilometers of fiber optic cables in the TEDA-Egypt zone. This expansion encompasses comprehensive solutions including optical communications engineering, wire production, and submarine fiber optic cable maintenance.


Technological innovation in fiber optic cables continues to advance, particularly in areas of transmission efficiency and installation methodology. The industry is witnessing the emergence of advanced cable designs, including micro cables with reduced outer diameters and enhanced fiber density, enabling more efficient installation and greater bandwidth capacity. The development of hollow core fiber technology represents another significant advancement, offering improved performance in terms of latency reduction and signal integrity. Canadian markets have demonstrated strong adoption of these technological advancements, with FTTH passings growing by 12% in 2023 to reach 12.1 million.


Regional development initiatives and government support programs have played a crucial role in expanding fiber infrastructure globally. The implementation of major funding programs, such as the Broadband Equity, Access, and Deployment (BEAD) Program in the United States, which provides $42.45 billion for high-speed internet access expansion, demonstrates the significant public sector commitment to fiber optic infrastructure development. These initiatives have catalyzed private sector investments, with major manufacturers establishing new production facilities to serve growing regional demands. According to GSMA projections, this infrastructure expansion will support the growth of 5G connections, expected to reach two billion by 2025, representing over one-fifth of global mobile connections.

Segment Analysis: By End-User Industry

Telecommunication Segment in Fiber Optic Cable Market

The telecommunications segment dominates the global fiber optic cable market, commanding approximately 46% market share in 2024, while also maintaining the highest growth trajectory with a projected growth rate of nearly 10% from 2024-2029. This segment's dominance is primarily driven by the explosive growth in data traffic, increasing demand for high-speed internet connectivity, and the ongoing global deployment of 5G networks. The segment's robust performance is further strengthened by major telecom operators' initiatives to expand their fiber infrastructure, particularly for supporting bandwidth-intensive applications like cloud computing, video streaming, and virtual reality. The increasing adoption of fiber-to-the-home (FTTH) services, coupled with the growing trend of digital transformation across industries, continues to fuel the demand for fiber optic cables in telecommunications applications.

Market Analysis of Fiber Optic Cable Market: Chart for By End-User Industry

Remaining Segments in End-User Industry

The industrial sector represents the second-largest segment in the fiber optic industry, driven by applications in manufacturing automation, process control, and industrial data communication. The defense/military segment utilizes fiber optic cables for secure communications, radar systems, and military aircraft applications, while the medical sector employs them for medical imaging, diagnostic equipment, and surgical procedures. The power utilities segment leverages fiber optic technology for grid monitoring and control systems. Each of these segments contributes uniquely to the market's growth, with applications ranging from high-speed data transmission in industrial settings to secure communications in military operations, and from precise medical imaging to smart grid management in power utilities. The demand for industrial fiber optic cable and fiber optic industrial cable is particularly notable in these sectors, enhancing optical transmission capabilities.

Fiber Optic Cable Market Geography Segment Analysis

Fiber Optic Cable Market in North America

The North American fiber optic cable market commands approximately 16% of the global fiber optic market share in 2024, establishing itself as a crucial region in the global landscape. The region's dominance is primarily driven by extensive fiber-to-the-home (FTTH) deployments and aggressive 5G network rollouts across the United States and Canada. The market is characterized by significant government funding initiatives, including BEAD, RDOF, and ReConnect programs, which are actively supporting infrastructure development. The region's focus on digital transformation, coupled with the growing demand for high-speed internet connectivity in both urban and rural areas, continues to drive market growth. Major telecommunications providers are expanding their fiber networks to meet the increasing bandwidth requirements of data centers, cloud services, and emerging technologies. The emphasis on improving network resilience and reducing latency has led to substantial investments in fiber infrastructure. Additionally, the region's strong presence of leading market players and continuous technological innovations in fiber optic solutions further strengthens its market position.

Market Analysis of Fiber Optic Cable Market: Forecasted Growth Rate by Region

Fiber Optic Cable Market in Europe

The European fiber optic cable market has demonstrated robust growth, recording approximately a 9% growth rate from 2019 to 2024, driven by aggressive fiber-to-the-premises (FTTP) deployments across major economies. The region's market dynamics are shaped by strong governmental support for digital infrastructure development and the increasing adoption of fiber broadband services. Countries like France, Spain, and Germany are leading the fiber optic revolution with ambitious national broadband plans and significant private sector investments. The market is witnessing a transformation from traditional copper-based networks to full-fiber infrastructure, particularly in urban areas. European telecom operators are actively collaborating with technology providers to enhance network capabilities and expand coverage. The region's commitment to digital transformation and smart city initiatives continues to drive demand for fiber optic solutions. The market is also benefiting from increasing investments in data center infrastructure and the growing adoption of cloud services, creating a robust ecosystem for fiber optic deployment.

Fiber Optic Cable Market in Asia-Pacific

The Asia-Pacific fiber optic cable market is poised for exceptional growth, with a projected growth rate of approximately 9% from 2024 to 2029. The region represents the largest market globally, driven by rapid digitalization and extensive telecommunications infrastructure development. The market is characterized by massive investments in 5G infrastructure, growing internet penetration, and increasing demand for high-speed connectivity solutions. Countries across the region are implementing ambitious digital transformation initiatives and smart city projects, creating substantial opportunities for fiber optic deployment. The presence of major manufacturing hubs and the growing adoption of Industry 4.0 technologies are further fueling market growth. The region's dynamic e-commerce sector and expanding digital economy are creating additional demand for robust fiber connectivity networks. Furthermore, government initiatives supporting digital infrastructure development and increasing investments in submarine cable projects are strengthening the region's position in the global market.

Fiber Optic Cable Market Overview

Top Companies in Fiber Optic Cable Market

The fiber optic cable industry features prominent players like Corning Inc., Sumitomo Electric Industries, Prysmian Group, Furukawa Electric, CommScope, Coherent Corporation, and Finolex Cables Limited, among others. These fiber optic manufacturing companies are heavily investing in research and development to drive product innovation, particularly focusing on enhanced bandwidth capabilities, reduced signal loss, and improved durability. Operational agility is demonstrated through strategic manufacturing facility locations and robust supply chain networks spanning multiple continents. Companies are increasingly pursuing vertical integration strategies to maintain better control over raw material supplies and quality standards. Market leaders are expanding their geographical presence through strategic partnerships, joint ventures, and acquisitions, particularly in emerging markets. The industry is witnessing significant investments in developing specialized products for specific applications like telecommunications, data centers, and industrial automation, while also focusing on sustainability initiatives and eco-friendly manufacturing processes.

Consolidated Market with Strong Regional Players

The optical fibre market exhibits a mix of global conglomerates and specialized regional manufacturers, with the global players holding significant fiber optic market share through their extensive distribution networks and technological capabilities. Market consolidation is primarily driven by larger companies acquiring smaller, specialized manufacturers to expand their product portfolio and regional presence. The industry structure is characterized by high entry barriers due to substantial capital requirements, technical expertise needs, and established customer relationships, which favor incumbent players. Major companies are increasingly focusing on strategic collaborations with telecommunications providers and internet service providers to secure long-term contracts and maintain market position.


The competitive landscape is further shaped by regional players who maintain strong positions in their respective markets through local manufacturing capabilities and established customer relationships. Merger and acquisition activities are particularly concentrated in emerging markets, where global players seek to establish a manufacturing presence and tap into growing demand. The market also sees strategic partnerships between cable manufacturers and technology companies to develop innovative solutions for emerging applications like 5G networks and smart city infrastructure. Companies are increasingly investing in modernizing their production facilities and expanding capacity to meet growing demand while maintaining competitive pricing.

Innovation and Adaptability Drive Market Success

Success in the fiber optic cable market increasingly depends on companies' ability to innovate and adapt to rapidly evolving technological requirements while maintaining cost competitiveness. Market leaders are focusing on developing specialized products for specific applications while maintaining flexibility in their manufacturing processes to accommodate changing customer demands. Companies are investing in research and development to improve product performance, reduce installation complexity, and enhance durability, which are becoming key differentiators in the market. The ability to provide comprehensive solutions, including installation support and after-sales service, is becoming increasingly important for maintaining market share.


For new entrants and smaller players, success lies in identifying and serving niche market segments while building strong relationships with key customers in specific industries or regions. Companies need to carefully navigate regulatory requirements across different markets while maintaining product quality and reliability standards. The market's future success factors include the ability to manage raw material costs effectively, maintain operational efficiency, and develop sustainable manufacturing practices. Players must also focus on building strong distribution networks and maintaining close relationships with end-users to understand and respond to evolving requirements while differentiating themselves through technical expertise and service quality.

Fiber Optic Cable Market Leaders

  1. Corning Inc.

  2. Sumitomo Electric Industries Ltd

  3. Prysmian Group

  4. Furukawa Electric

  5. CommScope Holding Company Inc.

*Disclaimer: Major Players sorted in no particular order

Fiber Optics Cable Market Concentration
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Fiber Optic Cable Market News

  • October 2023 - Sterlite Technologies Ltd (STL) announced that the company had developed a 160-micron optical fiber, among the world’s slimmest fiber for telecommunication. This innovation was conceptualized and developed indigenously at STL’s Centre of Excellence in Maharashtra. With this launch, the company has become the first to develop and patent this technology globally.
  • September 2023 - Coherent Corp. announced that the company had launched the first pump laser module with 1200 mW of output power in a 10-pin butterfly package. Rapid advances in optical communications technologies are reaching the theoretical limits of fiber-optic capacity and driving the expansion of transmission windows into the extended C- and L-bands.

Fiber Optic Cable Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS

    1. 4.1 Market Overview

    2. 4.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.2.1 Threat of New Entrants

      2. 4.2.2 Bargaining Power of Consumers

      3. 4.2.3 Bargaining Power of Suppliers

      4. 4.2.4 Threat of Substitute Products

      5. 4.2.5 Intensity of Competitive Rivalry

    3. 4.3 Assessment of the Impact of and Recovery from COVID-19

  5. 5. MARKET DYNAMICS

    1. 5.1 Market Drivers

      1. 5.1.1 Increasing Penetration of Internet and High Data Traffic

      2. 5.1.2 Increasing Adoption of 5G and FTTX

      3. 5.1.3 Rising Number of Data Center Facilities

    2. 5.2 Market Challenges

      1. 5.2.1 High Cost of Installation and Associated Complexities

    3. 5.3 Analysis of Pricing and Pricing Trends

    4. 5.4 Technology Roadmap

  6. 6. MARKET SEGMENTATION

    1. 6.1 By End-user Industry

      1. 6.1.1 Telecommunication

      2. 6.1.2 Power Utilities

      3. 6.1.3 Defense/Military

      4. 6.1.4 Industrial

      5. 6.1.5 Medical

      6. 6.1.6 Other End-user Industries

    2. 6.2 By Geography

      1. 6.2.1 North America

      2. 6.2.2 Europe

      3. 6.2.3 Asia-Pacific

        1. 6.2.3.1 China

        2. 6.2.3.2 Japan

        3. 6.2.3.3 India

        4. 6.2.3.4 Malaysia

        5. 6.2.3.5 Indonesia

        6. 6.2.3.6 Thailand

        7. 6.2.3.7 Vietnam

        8. 6.2.3.8 Singapore

        9. 6.2.3.9 Philippines

        10. 6.2.3.10 Rest of Asia-Pacific

      4. 6.2.4 Latin America

      5. 6.2.5 Middle East and Africa

  7. 7. COMPETITIVE LANDSCAPE

    1. 7.1 Company Profiles*

      1. 7.1.1 Corning Inc.

      2. 7.1.2 Sumitomo Electric Industries Ltd

      3. 7.1.3 Prysmian Group

      4. 7.1.4 Furukawa Electric

      5. 7.1.5 CommScope Holding Company Inc.

      6. 7.1.6 Coherent Corporation

      7. 7.1.7 Finolex Cables Limited

      8. 7.1.8 Proterial Cable America Inc. (Proterial Ltd)

      9. 7.1.9 Sterlite Technologies

      10. 7.1.10 Yangtze Optical Fiber and Cable Joint Stock Ltd Co.

  8. 8. INVESTMENT ANALYSIS

  9. 9. FUTURE OUTLOOK OF THE MARKET

**Subject to Availability
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Fiber Optic Cable Market Industry Segmentation

Fiber optic technology utilizes highly flexible, transparent fiber of extruded glass or plastic to transmit data. Fiber optic cables incorporate glass threads as thin as human hair, transmitting messages modulated into light waves. Although these cables are made of glass, they are highly durable and malleable.

The fiber optic cable market is segmented by end-user industry (telecommunication, power utilities, defense/military, industrial, medical, and other end-user industries) and by geography (North America, Europe, Asia-Pacific [China, Japan, India, Malaysia, Indonesia, Thailand, Vietnam, Singapore, Philippines, and the rest of Asia-Pacific], Latin America, Middle East and Africa). The study tracks the key market parameters, underlying growth influencers, and major vendors operating in the industry, which supports the market estimations and growth rates during the forecast period. The study also tracks the revenue accrued from the various types used in various end-use industries globally. In addition, the study provides the global fiber optic cable market trends and key vendor profiles. The study further analyses the overall impact of COVID-19 on the ecosystem. The market sizes and forecasts are provided in terms of USD value for all the above segments.

By End-user Industry
Telecommunication
Power Utilities
Defense/Military
Industrial
Medical
Other End-user Industries
By Geography
North America
Europe
Asia-Pacific
China
Japan
India
Malaysia
Indonesia
Thailand
Vietnam
Singapore
Philippines
Rest of Asia-Pacific
Latin America
Middle East and Africa
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Fiber Optic Cable Market Research FAQs

The Fiber Optic Cable Market size is expected to reach USD 13.92 billion in 2025 and grow at a CAGR of 8.46% to reach USD 20.89 billion by 2030.

In 2025, the Fiber Optic Cable Market size is expected to reach USD 13.92 billion.

Corning Inc., Sumitomo Electric Industries Ltd, Prysmian Group, Furukawa Electric and CommScope Holding Company Inc. are the major companies operating in the Fiber Optic Cable Market.

North America is estimated to grow at the highest CAGR over the forecast period (2025-2030).

In 2025, the Asia Pacific accounts for the largest market share in Fiber Optic Cable Market.

In 2024, the Fiber Optic Cable Market size was estimated at USD 12.74 billion. The report covers the Fiber Optic Cable Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Fiber Optic Cable Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Fiber Optic Cable Market Research

Mordor Intelligence provides comprehensive fiber optic cable market analysis and industry research, delivering detailed insights into market trends, growth drivers, and competitive dynamics. Our industry reports cover the entire spectrum of the fiber optic cable industry, from structured cabling to submarine fiber cable applications, offering stakeholders a deep understanding of market segmentation, industry statistics, and future outlook. The report includes detailed market forecasts, analysis of fiber optic cable companies, and emerging technological trends in fiber communication and fiber connectivity, all available in an easy-to-read report PDF format.
Beyond market research, our consulting expertise extends to specialized services crucial for stakeholders in the fiber optic cable market. We provide technology scouting to identify innovations in optical transmission and fiber infrastructure, conduct detailed competition assessment of fiber optic cable manufacturers, and support new product launch strategies. Our team delivers value chain analysis focusing on fiber telecommunication applications, regulatory assessment for various markets, and project feasibility analysis for new fiber network deployments. We also assist in partner and supplier assessment, particularly valuable for companies exploring opportunities in underground fiber cable and aerial fiber cable segments, helping businesses make informed strategic decisions.

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Fiber Optic Cable Market Size, Share, Growth & Industry Information (2025 - 2030)