Global Fiber Optics Market Growing at CAGR of +10.0% Growing Demand for High Bandwidth Communication with Top Competitors Are Prysmian Group, Sumitomo Electronics Industries (SEI)
Fiber optics use glass or plastic threads (fibers) to transmit data over long distances without any interference. A fiber optic cable consists of a bundle of glass threads, each of which is capable of transmitting messages modulated onto light waves. There is a growing demand for fiber optics in telecom, premises, utility, CATV, military, industrial, sensors, fiber optic lighting, security and metropolitan activities, which is a major driver of the market.
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