Boston, MA -- (SBWIRE) -- 07/10/2017 -- A fiber optic is a thin cylinder of dielectric material, which is capable of transmitting messages modulated onto light waves. Fiber optic is a transparent, flexible fiber made up of thin strands of glass or plastic, which is slightly thicker in diameter than that of a human hair. One cable can have one strand or many strands. Each strand can carry almost 25,000 telephone calls, so an entire fiber optic cable can carry millions of calls.

Technavio's analysts forecast the global fiber optics market to grow at a CAGR of 11.45% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global fiber optics market for 2017-2021. To calculate the market size, the report considers the sales of fiber optic and fiber optic cables to various application segments including cable TV, data center, military, oil and gas, and telecommunication.

Get More Details on this Report and a Full Table of Contents at Global Fiber Optics Market 2017-2021

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Fiber Optics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Corning
-Furukawa Electric
-Optical Cable
-Prysmian
-Sterlite Technologies
-YOFC

Other prominent vendors

-Fujikura
-FUTONG Group
-General Cable

Market driver

-Growing demand for increased network bandwidth
-For a full, detailed list, view our report

Market challenge

-Lack of skilled technicians
-For a full, detailed list, view our report

Market trend

-Emerging cloud computing
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Corning, Furukawa Electric, Optical Cable, Prysmian, Sterlite Technologies, YOFC, Fujikura, FUTONG Group, General Cable

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