On the whole, the industry has benefited from a rise in demand for fiber optic networks and fiber optic cable. Consumers have increasingly demanded high-speed internet in their homes and on mobile devices, underpinning this trend. As a result, wireless carriers and cable providers are demanding fiber optic cable at increasing rates. Consumer demand for high-speed internet on mobile devices will likely accelerate over the next five years, resulting in the widespread upgrade of wireless network services to compete for the consumer's dollar.
This industry manufactures optical fiber cables. These cables are usually silica or plastic based, with silica fiber optic cables extending long distances. Fiber optic cables are used by communications and telecommunications providers to transmit data. Optical fiber cables are gaining increasing popularity because of their transfer speed and immunity to electromagnetic interference.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.