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Fiber Optic Market





The Global Fiber Optics Market size is expected to reach $4.7 billion by 2023, rising at a market growth of 6.1% CAGR during the forecast period.

The global fiber optics market is driven due to the need for higher level of bandwidth for communication, opportunistic healthcare sector, and growing investments into the development of network infrastructure. The market is expected to witness significant growth due to factors such as increasing investments and research undertaken by prominent fiber optic cable manufacturers to build and upgrade the application arena of the technology.



Global hybrid fiber-optic connectors market

The global hybrid fiber-optic connectors market is expected to reach USD $1.06 billion by 2025, growing at a CAGR of 7.7% from 2017 to 2025, according to a new report by Grand View Research, Inc.

Fiber Optic Gyroscope Market - 8/31/2017

The fiber optics gyroscope market is expected to be worth USD 1,037.0 Million by 2022, at a CAGR of 3.61% between 2016 and 2022. Fiber optics gyroscopes are widely used for remotely operated vehicle guidance and industrial applications. 

Optical Tranceiver Market

The optical transceiver market was valued at USD 2.71 Billion in 2015 and is expected to reach USD 6.87 Billion by 2022, at a CAGR of 13.5% between 2016 and 2022. 

The most significant factor driving the optical transceiver market is the increasing Internet penetration and data traffic which, in turn, is leading to the rise in demand for optical transceivers. 


Europe making progress on FTTH penetration – 2/19/2016

The FTTH Council Europe and its research partner IDATE revealed at the council’s annual FTTH Conference in Luxembourg that the number of fiber to the home (FTTH) and fiber to the building (FTTB) subscribers in Europe increased by 19% over the first nine months of 2015

There were more the 35.9 million FTTH/B subscribers in Europe at the end of September 2015.

Russia boasts by far the largest number of FTTH/B subscribers, with more than 15 million

Spain has 2.6 million and France has 2.4 million subscribers

The year 2015 has seen continued structural growth in fiber rollout throughout Europe.

(reference 2016 Pennwell Corporation-Lightwave)

High Speed Fiber Optic undersea cable will connect Japan and the U.K. and also bring broadband to remote Artic communities.

At 24 terabits per second it will take just 154 milliseconds to connect between Japan and the United Kingdom. It is faster by 24 milliseconds than today's speediest digital connection. That does not seem like much but companies are eager to spend the 850 million price tag for the approximately 15,600 kilometer cable.

May 2014

Medical Fiber Optic Market to reach 1.336B in 2019.
Current market size is 863.1 million.

April 2013

Google Fiber next market - Austin Texas in 2014


August 2012

Google Fiber roll-out zips along in Kansas City

KANSAS CITY, Mo. – It doesn't take long to figure out Google's pitch for Fiber. The potentially disruptive broadband service that Google is making available to residents in certain Kansas City neighborhoods is all about speed, download speed of 800.54 Mbps and upload speeds of 945.29 Mbps. Google Fiber is now only in Kansas City as a test market. For more details see USA Today article dated 8/14/2012


April 12, 2012

   The release of a comprehensive global report on Fiber Optic Components market. Global market for Fiber Optic Components is projected to reach US$42 billion by the year 2017. Growth will be driven by the continuously growing demand for bandwidth and the ensuing need for fiber-based broadband, robust growth in mobile internet, and stronger FTTx related deployments in developing Asian countries, among others.


In 1999, it was reported that an estimated $14.6 billion was spent on fiber optics items. These tremendous figures were greatly attributed to the growing trend of the Internet. But today, more and more companies are using fiber optics for other purposes as well - not just for the Web.
The total global value for the fiber optic connector (FOC) market in 2010 is an estimated $1.9 billion. In 2011, global value is projected to increase to more than $1.9 billion, as the global economy begins to improve. By 2016, given a compound annual growth rate of 9.6%, total global value for the FOC market is projected to be nearly $3.1 billion.
Some types of companies that use fiber optics today include computer offices, telemarketing networks, manufacturing plants, Internet broadband companies, online video providers, Ethernet users, medical offices, hospitals, financial institutions, communications companies, and many others.
A popular trend in the Internet market today is online video. Google's YouTube and other similar services are taking the Internet by storm, and fiber optics is expected to play a big part in online video. Fiber optics will provide better, clearer pictures and will also expand the Internet's bandwidth capabilities.
The Internet today contains much more data than it did just a few years ago. More companies and individuals are using the Internet. More people have Internet in their homes than ever before. And, more people are downloading entire movies, which take up a lot of bandwidth. So, the need for bandwidth to handle all this data and activity is tremendous.
Cable modems are working great right now, but may not be able to keep up. Fiber optics may be the key to unlock the Internet's full potential.
More and more people are training in fiber optics to become engineers, installers, and network managers so a dose of healthy competition will likely bring fiber optic design and installation prices down.
The problem with signal loss will also be minimized as fiber optic technology improves. Corning Incorporated, a major provider of fiber optics products, recently announced a new design that enables bending around very tight corners with virtually no signal loss. This new technology is called nanoStructures (TM) and will likely make fiber optics much more appealing to cable, Internet, and communications companies. The technology is also compliant with industry standards and can be installed using the same procedures as other fiber optics networks.
With new technologies such as nanoStructures, fiber optics can be used to deliver services to high-rise apartments and homes across the nation. Customers will be able to enjoy faster Internet, better quality content, and more interactive features than ever before.

News & Events

Virgin Island Campus - Netwave Unlimited Services LLC
FOI will provide training syllabus, technical and administrative support including certification

Cabling Installation & Maintenance, a leading provider of news for the fiber optic industry is available online for free Review back issues; attend webinars; read about current products and events

RWM Fiber Optics, Inc is a nationally accredited training facility located in Carson, California
They are a leader in telecommunications training since 1994 offering basic and advanced courses in fiber optics

Need on-site fiber optic training at all levels? Fiber Optic International has access to trainers that can tailor a course per your requirements at a reasonable cost