The optical fiber market is growing at a compound annual growth rate of 10.3% and will reach US$9.73 billion by 2027: Fortune Business Insights – QNT Press Release


Pune, India, December 23, 2021 (Global News Service)-Global Optical fiber market The scale is expected to reach Reach USD 9.73 billion by 2027, The compound annual growth rate during the forecast period is 10.3%. “Fortune Business Insights” in a report titled “Fiber optics market size, share and industry analysis, by component (hardware, software, services), by application (telecommunications, smart cities, power utilities, aerospace and defense, industrial automation And control, renewable energy, other) and regional forecasts, 2020-2027”, the market size in 2019 will be 4.48 billion U.S. dollars.

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The list of major players in the optical fiber market are:

  • Adtell integration
  • Adtran, Inc.
  • ADVA optical network
  • Broadcom
  • Ciena
  • Cisco Systems
  • CommScope
  • Corning Incorporated
  • Finisar
  • Fujitsu Optical Components Co., Ltd.
  • Furukawa Electric
  • Hamamatsu Optoelectronics KK
  • Hengtong
  • Huawei Technologies Co., Ltd

Report scope and breakdown

Report scope detail
Forecast period 2021 to 2027
Compound annual growth rate from 2020 to 2027 in the forecast period 10.3%
Value forecast to 2027 9.73 billion USD
Base year 2020 year
2019 market size $4.48 billion
historical data 2016 to 2018
Number of pages

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