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.

DATE	TYPE	DESCRIPTION
June 2022	Launch	STL launched A1 Fiber Solutions.  The solution is appropriate for improved network efficiency and less expensive installation. It offers bend-insensitive single-mode A1 fiber (BISMF) and non-zero dispersion shifted single-mode a1 fiber (NZDSF) options with diameters of 250 um and 200 um for 5G and FTTx applications.

 

• 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:

COMPANY NAME	PRODUCT NAME	DESCRIPTION
Tripp Lite	400G Multimode 50/125 OM4 Plenum Fiber Optic Cable	High bandwidths required for next-generation cloud services, hyperscale data centers, and telecom operators are supported by the 400 GbE Ethernet cable. The MTP/MPO 24- and 12-fiber ends are designed for next-gen 400G QSFP-DD transceivers.
Tarluz	TARLUZ 400G QSFP-DD AOC Active Optical Cable	The solution is an Eight-Channel, Pluggable, Parallel, Fiber-Optic QSFP Double Density for 2×200 Gigabit Ethernet Applications, offering a data rate of 26.5625GBd. This AOC is a high-performance module used in applications requiring multi-lane short-distance data transmission.

 

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:

 

Report Metric	Details
Growth Rate	CAGR during the forecast period
Study Period	2019 to 2029
Historical Data	2019 to 2022
Base Year	2023
Forecast Period	2024 – 2029
Forecast Unit (Value)	USD Billion
Segments Covered	Mode Transmission Speed Type Geography
Companies Covered	Furukawa Electric Co., Ltd Yangtze Optical FC Sterlite Technologies Limited Belden HFCL
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Customization Scope	Free report customization with purchase

 

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

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1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Market Segmentation

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Bandwidth Availability

4.4. Number of Users

5. GOVERNMENT REGULATIONS/POLICIES

6. OPTICAL FIBER CABLE MARKET, BY MODE

6.1. Introduction

6.2. Single Mode

6.3. Multi-Mode

7. OPTICAL FIBER CABLE MARKET, BY TRANSMISSION SPEED

7.1. Introduction

7.2. <100G 

7.3. 100G

7.4. 200G

7.5. 400G 

8. OPTICAL FIBER CABLE MARKET, BY TYPE

8.1. Introduction

8.2. Direct Attach Cable (DAC)

8.3. Active Optical Cable (AOC)

9. OPTICAL FIBER CABLE MARKET, BY GEOGRAPHY

9.1. Introduction

9.2. Americas

9.2.1. United States

9.2.2. Others

9.3. Europe, Middle East and Africa

9.3.1. Germany

9.3.2. UK

9.3.3. France

9.3.4. Others

9.4. Asia Pacific

9.4.1. China

9.4.2. Japan

9.4.3. South Korea

9.4.4. Others

10. RECENT DEVELOPMENT AND INVESTMENTS

11. COMPETITIVE ENVIRONMENT AND ANALYSIS

11.1. Major Players and Strategy Analysis

11.2. Vendor Competitiveness Matrix

12. COMPANY PROFILES

12.1. Furukawa Electric Co., Ltd

12.2. Yangtze Optical FC

12.3. Sterlite Technologies Limited

12.4. Belden

12.5. HFCL

12.6. Zhejiang Flexible Technology Co., Ltd.

12.7. Shenzhen Sopto Technology Co., Ltd.

12.8. Seoul Electric Cable Co., Ltd.

12.9. Evertop Wire Cable Corporation

12.10. Sumitomo Electric Industries, Ltd.

Furukawa Electric Co., Ltd

Yangtze Optical FC

Sterlite Technologies Limited

Belden

HFCL

Zhejiang Flexible Technology Co., Ltd.

Shenzhen Sopto Technology Co., Ltd.

Seoul Electric Cable Co., Ltd.

Evertop Wire Cable Corporation

Sumitomo Electric Industries, Ltd.