The utilisation of fibre optic cable in a wide range of end-use industries will drive global market expansion. Fiber optic cable advantages such as longer reach and high bandwidth connectivity are expected to have a significant impact on the market's growth structure.

Furthermore, the growing preference in the telecommunications sector and data centres is expected to accelerate the market's growth prospects. Fiber optic cables are thin, flexible devices used for long-distance, high-performance communication. The necessity for increased connectivity in both residential and business segments will give the fibre optic cable market with numerous potential prospects. The use of fibre optic cable to support the transport of a large volume of digital content, hence increasing demand in the digital content business.

As a result, the market is likely to be driven by the increasing use of fibre cable in the digital content sector. TMR has undertaken a thorough examination of the many factors influencing the growth of the fibre optic cable market. 

The pandemic has also resulted in the forced closing of fibre optic production plants, which has slowed market growth to some extent. During COVID-19, however, certain market participants were able to operate their industrial plants on a restricted capacity. The COVID-19 has increased the popularity of work-from-home and online education systems. This dramatic increase has accelerated the implementation of 5G and internet communication infrastructure around the world. As telecom operators around the world invest heavily in the construction of 5G communication infrastructure to meet the increasing demand for high bandwidth and dependability. Fiber optics serves as the foundation for 5G communication infrastructure.

The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Coherent Inc., Commscope Inc., Corning Inc., Finisar Corporation, Fujikura Ltd, Furukawa Electric Co. Ltd, Hengtong Group Co. Ltd, Hitachi Cable America Inc. (Hitachi Cable), Leoni AG ( Weinert Industries), LS Cable & System (LS Group), Nestor Cables Ltd, Nexans SA, Prysmian Group, Sterlite Technologies Ltd, Sumitomo Electric Industries Ltd, Yangtze Optical Fiber and Cable Joint Stock Ltd Co.

By Fiber Type: Based on the Fiber Type, Global Fiber Optic Cable Market is segmented as; Glass, Plastic

By Cable Type: Based on the Cable Type, Global Fiber Optic Cable Market is segmented as; Multi-mode, Single-mode.

By Deployment: Based on the Deployment, Global Fiber Optic Cable Market is segmented as; Aerial, Underground, Underwater. 

By Application: Based on the Application, Global Fiber Optic Cable Market is segmented as; Communication {CATV, Industrial, Military, Premises, Telecom, Others (Security and Metropolitan Network)}, Non- Communication (Fiber Optic Lighting, Sensors).

By Region: By Region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. Asia Pacific dominates the optical fiber cable market because the rising usage of fibre optics in the IT and telecom sectors. Further, the major countries studied in the market report are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.  For instance, India Fiber Optic Cable market is also growing at a very high pace due to the upcoming 5G network. This can transmit data more steadily and is faster than other forms, this recent development increases the demand for fiber optic cable market.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.