United States (USA) Optical Fiber Cable Market Overview, 2028
The United States has increasing demand for high-speed internet connectivity, data centres, cloud computing, and advancements in telecommunication infrastructure. The market size was valued at several billion dollars, and it was projected to grow further in the coming years. The telecommunication sector is the primary driver of the optical fiber market. Fiber-optic cables are widely used by telecom service providers for long-distance transmission of data, voice, and video signals due to their high bandwidth and low signal loss. The deployment of optical fiber networks for broadband internet services, including fiber to the home (FTTH), has been increasing in many regions across the US. With the exponential growth of data usage and the rise of cloud computing, data centres have become crucial infrastructure. Optical fibers are essential for high-speed and reliable data transmission within data centres. As the demand for data centres increases, so does the demand for optical fiber connectivity. Ongoing advancements in optical fiber technology are driving the market growth. Manufacturers are developing improved fiber-optic cables that offer higher data transmission speeds, increased durability, and reduced installation costs. These advancements contribute to the wider adoption of optical fiber networks in various industries. The US government has recognized the importance of high-speed broadband connectivity and has initiated programs to expand broadband infrastructure across the country. These initiatives aim to improve internet access in rural areas and promote the adoption of fiber-optic networks.
According to the research report ""United States Optical Fiber Cable Market Overview, 2028,"" published by Bonafide Research, The United States Optical Fiber Cable Market was valued at above USD 607.14 Billion in 2022. The specialty of the optical fiber market in the United States lies in its widespread adoption and its contribution to various industries. Some key aspects that highlight the specialty of the optical fiber market in the US as, Advanced Telecommunications Infrastructure, Internet Backbone, Increasing Fiber to the Home (FTTH) Deployments, Data Centres and Cloud Services, Healthcare and Biomedical Applications, Defence and Aerospace Applications. The US optical fiber market can be categorized by cable type, each with its own characteristics and applications. Some of the major types of optical fiber cables in the US market are, Single-Mode Fiber (SMF), Multimode Fiber (MMF), Plastic Optical Fiber (POF), Bend-Insensitive Fiber, Ribbon Fiber, Specialty Fiber. There are several popular brands of optical fiber used in the United States. Some well-known brands in the optical fiber market includes, Corning Incorporated, Prysmian Group, OFS (Furukawa Electric), Sumitomo Electric Industries, CommScope, AFL. The choice of cable type depends on factors such as transmission distance, bandwidth requirements, cost considerations, and environmental conditions. Single-Mode Fiber (SMF) is the most popular type of optical fiber in the US market, primarily due to its widespread use in long-haul telecommunications and high-speed data transmission applications. Advantages of Single-Mode Fiber offers several advantages, including Long-distance transmission, High bandwidth, Low dispersion, Compatibility, Future Potential.
The optical fiber market in the United States can be categorized by installation types. The main installation types in the US optical fiber market includes, Fiber to the Home (FTTH) and Fiber to the Building (FTTB), Fiber to the Premises (FTTP), Fiber to the Node (FTTN) and Fiber to the Curb (FTTC), Fiber Backhaul, Fiber in Data Centers. The optical fiber market in the United States can be by end-user industries. Some key end-users in the US optical fiber market such as, Telecommunications Industry, IT and Data Centers, Healthcare and Biomedical, Government and Defence, Manufacturing and Industrial Sector, Energy and Utilities, Transportation and Smart Cities, Education and Research, etc. Some Key Drivers of the US Optical Fiber Market are, Increasing Data Demand, Telecommunication Infrastructure Upgrades, Government Initiatives, Cloud Computing and Data Centers. Opportunities in the US Optical Fiber Market includes, 5G Network Deployment, Rural Broadband Expansion, Internet of Things (IoT).
Considered in this report
• Geography: United States
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028
Aspects covered in this report
• United States Optical Fiber Cable Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By Cable Type:
• Single Mode
• Multi-Mode
By installation type:
• Overhead
• Underground
• Submarine
By End-user
• Power Infrastructure
• IT & Telecommunication
• Building & Construction
• Aerospace & defence
• Consumer Electronics
• Automotive
• Others
The approach of the report:This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources.
Intended audienceThis report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related optical fiber cable industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry""