Global Fibre Optics Industry to Grow at a 9.49% Annual Growth-Rate Till 2020: ResearchMoz
Fiber optics is a technology that uses thin strands of glass or plastic, known as optical fibers, to carry information between two places using light. An optical fiber is a thin cylinder of dielectric material capable of transmitting messages using lightwaves as the mode of transmission and the principle involved is total internal reflection. Technavios analysts forecast the global fiber optics market to grow at a CAGR of 9.49% during the period 2016-2020.
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