Albany, NY -- (SBWIRE) -- 09/12/2018 -- Pitfalls associated with copper cable has maneuvered adoption of fiber optic connectivity for high quality and quick internet connection in the recent years. Development of smart cities coupled with emergence of 5G network in the near future are potent drivers of growth in fiber optic connectivity market. To evaluate the implications of ongoing development endeavors on the growth of fiber optic connectivity market, Market Research Reports Search Engine (MRRSE) has added a new research report titled, 'Fiber Optic Connectivity Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026' to its fast expanding database.

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Upgradation of technology in the fast transitioning digital space remains a norm amongst core players in fiber optic connectivity market, aspiring to hit new growth spots. Additionally, to further enhance their growth objectives, portfolio differentiation and extended geographical reach along with expanded clientele continue to dominate their strategic planning for attaining growth in fiber optic connectivity market.

Lumentum Diversifies its Product Portfolio with Oclaro's Acquisition

As part of its recent development endeavor, renowned IT veteran Cisco has recently affirmed its successful venture to upgrade Colt Technology Services' fiber optic network, thereby allowing it to improve its fiber optic offerings across Asia, the US, and European markets. The venture is estimated to position Cisco favorably on the growth trajectory of fiber optic connectivity market.

Additionally, leading manufacturer of optical and photonic components, Lumentum in its bid to spearhead its growth objective in fiber optic connectivity market, has recently sealed an acquisition deal of Oclaro, best known for its optical offerings. The acquisition will aid Lumemntum diversify its product line and remain a prominent choice amongst end-users.

Hardware Segment Expected to Register Exponential Growth in Fiber Optic Connectivity Market

This section of the report harbors key research elements that identify several segments associated with fiber optic connectivity market. The report enlists component and industry as dominant segments in fiber optic connectivity market. Based on component fiber optic connectivity market is diversified as hardware, software, and services. Hardware is further sub-segmented as fiber optic connectivity market is classified as fiber optic cables, connectors, cable assemblies, hybrid cables, and switches amongst others. In terms of industry, fiber optic connectivity market is splintered as mining, oil & gas, smart cities, electric substation, and wind power. Thorough research postulates encapsulated in the report brief readers about the efficacies of market segments in fetching growth in fiber optic connectivity market besides allowing readers to gain relevant information pertaining to the segment associated with revenue escalation.

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Europe Leads the Profit Margin in Fiber Optic Connectivity Market

Alongside, the report also entails vital data on regional distribution of fiber optic connectivity market, based on which the market is fragmented into Europe, North America, South America, Asia-Pacific, and Middle East and Africa. Elaborate information on regional segmentation allows readers to comprehend various marketing tools and tactics implemented by market players across regions and their subsequent impact on end-user response.

Competition Deep Dive: Fiber Optic Connectivity Market

On the basis of unbiased research output collated in the report readers are able to evaluate the effectiveness of winning market strategies formulated by end-users and their role in influencing favorable end-user response such as their buying behavior. Thorough analytical study of these research findings allow readers to draw crucial insights based on which market players can implement profit driven marketing decisions and thereby secure their lead in fiber optic connectivity market. Some of the prominent players noted in the market included Cisco Systems, Inc., Adtell Integration, Broadcom, Fiber Optic Services, Huawei Technologies Co., and Lumentum Operations LLC amongst others.

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