A recent report published by Infinium Global Research on fiber optic connectivity market provides in-depth analysis of segments and sub-segments in the global as well as regional fiber optic connectivity market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional fiber optic connectivity market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global fiber optic connectivity market. The global fiber optic connectivity market was valued at USD 5.6 billion in 2022 and is expected to reach USD 10.95 billion in 2030, with a CAGR of 9.6% during the forecast period 2023-2030.
2. Fiber optic connectivity is a revolutionary technology that transmits data using pulses of
light through thin glass or plastic fibers, instead of traditional electrical signals through
copper wires. Imagine sending information at near the speed of light, with minimal
interference and incredibly high bandwidth.
Fiber optic connectivity encompasses a comprehensive cabling system that facilitates
both centralized and FTTD (Fiber To The Desk) topologies, covering end-to-end
connections. Fiber optics used in ship-to-shore applications aim to provide information,
data, calls, and various services to docked ships via an umbilical link connected to
landline networks.
(The global fiber optic connectivity market was valued at USD 5.6
billion in 2022 and is expected to reach USD 10.95 billion in 2030,
with a CAGR of 9.6% during the forecast period 2023-2030.)
3. Market Drivers
1
2
The growing emphasis on regulatory compliance
within the maritime industry acts as a key driver
for the marine fleet management software market.
The imperative need for enhanced operational
efficiency and actionable insights in ship
management boosts the growth of the market.
4. Market Segmentation
On the basis of component, the sub-markets include hardware,
software, and services.
On the basis of industry, the sub-markets include mining, oil &
gas, aerospace and defence, electric substations, smart cities, it
and telecom, government, and others.
On the basis of cable type, the sub-markets include single-mode
cable, and multi-mode cable.
5. Segmentation
by Region
North America U.S., Canada, Mexico
Europe
U.K., Germany, France, Italy,
Rest of Europe
Asia Pacific
China, Japan, South Korea, India, Australia,
Rest of Asia-Pacific
RoW Latin America, Middle East, Africa
6. Leading Market Players
Adtran
Adtell Integration
Broadcom
Hamamatsu Photonics K.K.
Huawei Technologies Co., Ltd.
HUBER+SUHNER
Fiber Optic Services
OptiLayer GmbH
Optiwave Systems Inc.
ZTE Corporation