Frequently asked questions
COVID-19 has caused a rise in interest in work-from-home jobs and online learning programs. This sharp rise has accelerated the rollout of 5G and internet communication infrastructure across the globe. Following the epidemic, the widespread deployment of 5G infrastructure will create new, high-growth market possibilities for fiber optics manufacturers.
In terms of volume and value, Asia Pacific held the most significant proportion of the global market for fiber optic cables.
Fiber optic cable will be used in a wide range of end-use sectors, which will boost the expansion of the global market. The greater reach and high bandwidth connections of fiber optic cable are expected to impact the market’s growth structure significantly.
Which is the significant segment in Fiber Optic Cables Market by Fiber Type?
The fiber optics market was dominated by the communication application segment in 2021, and this trend is anticipated to continue during the forecast period.