Fiber Optic Cable Market Analysis by Mordor Intelligence
The Fiber Optic Cable Market size is estimated at USD 13.92 billion in 2025, and is expected to reach USD 20.94 billion by 2030, at a CAGR of 10.46% during the forecast period (2025-2030).
Growth accelerates as artificial-intelligence workloads demand ultra-low latency, 5G densification pushes fiber-deep architectures, and hyperscale data-center operators reserve unprecedented cable capacity to bypass legacy carriers. Government-funded digital-inclusion programs mandate future-proof infrastructure, while geopolitical tensions prompt tech giants to diversify submarine routes, therefore widening the addressable fiber optic cable market even in mature economies. On the supply side, vertical integration, regional manufacturing mandates, and investments in multi-core and hollow-core technologies reshape competitive dynamics, positioning fiber as the definitive backbone for both terrestrial and subsea connectivity. Intensifying sustainability goals further reinforce the shift from copper to low-carbon glass, signalling a durable expansion trajectory for the fiber optic cable market.
Key Report Takeaways
- By cable type, armored designs held 38.0% of the fiber optic cable market share in 2024, whereas ribbon cables are forecast to expand at an 11.4% CAGR to 2030.
- By fiber mode, single-mode accounted for 63.2% of the fiber optic cable market size in 2024; multi-mode is projected to record a 13.2% CAGR between 2025-2030.
- By installation type, underground deployments led with 46.1% revenue share in 2024, while submarine projects are set to grow at a 12.8% CAGR through 2030.
- By end-user industry, telecommunications captured 52.4% of the fiber optic cable market size in 2024, yet data centers represent the fastest growth path at 14.0% CAGR to 2030.
- By geography, Asia Pacific commanded 58.7% share of the fiber optic cable market in 2024 and retains the highest regional CAGR at 12.6% until 2030.
Global Fiber Optic Cable Market Trends and Insights
Drivers Impact Analysis
Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
High-speed internet penetration and global data traffic surge | +2.80% | Global, led by APAC & North America | Medium term (2-4 years) |
Accelerated 5G roll-outs & fiber-deep FTTx deployments | +2.10% | Global urban corridors | Short term (≤ 2 years) |
Expanding hyperscale data-center interconnect demand | +3.20% | North America, Europe, APAC | Medium term (2-4 years) |
Government-backed rural broadband & digital-inclusion programs | +1.40% | North America, Europe, selected APAC | Long term (≥ 4 years) |
Source: Mordor Intelligence
Increasing Penetration of High-Speed Internet and Global Data-Traffic Surge
Bandwidth demand is rising so quickly that operators now treat fiber as the only infrastructure with adequate headroom for 8K video, cloud gaming, and real-time collaboration. Global IP traffic is expanding at 22% per year, with streaming and cloud services absorbing 82% of the load, a scenario that underscores why the fiber optic cable market continues to accelerate. Researchers in Japan have demonstrated 402 Tb/s transmission across standard fiber using 1,505 wavelengths, proving that today’s cable investments will sustain decades of incremental upgrades without wholesale replacement[1]National Institute of Information and Communications Technology, “Record-Breaking 402 Tb/s Optical Transmission,” nict.go.jp. Such breakthroughs give carriers confidence to allocate capital toward dense fiber corridors rather than incremental copper fixes. Consequently, the fiber optic cable market registers faster order cycles, longer contract horizons, and broader geographic rollout plans as both developed and emerging regions converge on gigabit-class access targets.
Accelerated 5G Roll-Outs and Fiber-Deep FTTx Deployments
Every 5G small-cell demands dedicated fiber backhaul, multiplying cable counts by three to five times relative to legacy 4G sites. AT&T’s expansion to 23.8 million fiber locations, with an ambition of 60 million by 2030, illustrates how radio-access densification fuels the fiber optic cable market. Edge-cloud architectures amplify this pull by requiring low-latency links between towers and micro-data centers, thus extending fiber deeper into suburban grids. Operators report 15-25% higher 5G revenue per user when symmetrical fiber underpins the service, a financial lift that catalyzes multi-year procurement of high-density ribbon and armored cables. Competitive intensity escalates as carriers race to light new corridors, confirming fiber’s role as the indispensable substrate for ultra-low-latency mobile services.
Expanding Hyperscale Data-Center Interconnect Demand
Artificial-intelligence training clusters rely on 400G and 800G optics connected by multi-core fiber, compressing model-training time and reducing energy per inference. Hyperscalers increasingly execute direct-construction or long-term-lease deals, effectively reserving factory output and insulating themselves from carrier constraints, a pattern that enlarges the fiber optic cable market pipeline for vendors able to serve bespoke specifications. Multi-core fiber can now deliver 4 Tb/s per strand, optimizing conduit fill and lowering total cost of ownership on sprawling data-center campuses. Capital expenditure by cloud providers dedicated to fiber exceeded USD 15 billion last year, with purchase agreements often spanning five-year horizons, evidence of how hyperscale demand underwrites production expansions and pushes technology frontiers for the fiber optic cable market.
Government-Backed Rural Broadband and Digital-Inclusion Programs
The USD 42.45 billion BEAD program in the United States mandates fiber-first deployments, ensuring that cable installations remain the cornerstone of rural connectivity for at least 25 years. Similar policies in the European Union and several Asian economies reinforce predictable demand that cushions vendors from macroeconomic swings. Build America Buy America rules further spur USD 500 million plus in new domestic manufacturing plants, promoting localized supply chains for the fiber optic cable market. By linking public funding to long-term capacity standards, governments create multi-year order backlogs that allow suppliers to invest confidently in high-density, low-loss fiber innovations.
Restraints Impact Analysis
Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
High civil-works cost and right-of-way complexities | -1.80% | Global, dense urban areas | Short term (≤ 2 years) |
Helium supply constraints and raw-material volatility | -1.20% | Global supply chain | Medium term (2-4 years) |
Source: Mordor Intelligence
High Civil-Works Cost and Right-of-Way Complexities
Construction labor shortages and regulatory bottlenecks elevate underground installation expenses to USD 24 per foot in major cities, squeezing capital budgets and tempering rollout speeds. Right-of-way approvals can stretch 6-18 months, delaying service launches and raising interim financing costs. Skilled-technician gaps are estimated at 31,500 annually inflate wages, while environmental surveys add USD 50,000-200,000 to project totals. These frictions compel operators to prioritize high-density corridors over universal builds, thereby slowing addressable growth in cost-sensitive pockets of the fiber optic cable market.
Price Volatility in Raw Materials and Helium Supply Constraints
Helium shortages increased prices 40% last year, disrupting 17% of global fiber production that depends on helium-based drawing processes[2]U.S. Geological Survey, “Helium Statistics and Information,” usgs.gov. Manufacturers trial argon substitutes, yet retooling adds 12-18 months before full-scale-up, constraining supply in the interim. Fluctuations in petroleum-based jackets, copper conductors, and rare-earth dopants compound margin pressure. These cost spikes cascade to end customers, curbing deployments in rural or emerging markets where price elasticity is high, therefore acting as a drag on the broader fiber optic cable market.
Segment Analysis
By Cable Type: Armored Solutions Drive Infrastructure Resilience
Armored products represented 38.0% of the fiber optic cable market in 2024, evidencing operator preference for mechanically robust designs whenever cables traverse harsh terrain or public rights-of-way. Ribbon formats, however, are on course to outpace all others with an 11.4% CAGR, owing to mass-fusion splicing that trims field time by as much as 80%. Ribbon’s gel-free variants also cut cleanup, enhancing velocity in hyperscale data-center builds. The fiber optic cable market size for ribbon architectures is projected to more than double by 2030 as labor savings outweigh higher per-meter costs.
Suppliers continue refining armored constructions with corrugated steel and water-blocking tapes, targeting submarine lead-ins and urban conduits vulnerable to excavation damage. Conversely, non-armored and breakout cables stay popular inside secured campuses where flexibility and tight bend radii matter more than crush resistance. Because installation labor can account for over half the project bill, network planners lean toward high-count ribbon or micro-duct solutions that slash splice events, further reinforcing ribbon’s fast-rising share within the fiber optic cable market.
Note: Segment shares of all individual segments available upon report purchase
By Fiber Mode: Single-Mode Dominance Faces Multi-Mode Renaissance
Single-mode strands held 63.2% of the fiber optic cable market share during 2024, remaining indispensable for metropolitan, long-haul, and submarine links that span hundreds of kilometers. Yet multi-mode is poised for a 13.2% CAGR through 2030, a resurgence propelled by data-center top-of-rack connections where 100-150 m reach and cost-efficient VCSEL transceivers prevail. Hollow-core prototypes promise latency reductions of 30%, attracting algorithmic trading platforms and scientific sites requiring femtosecond-level synchronization.
As cloud operators flatten their campus topologies, OM5-grade fiber coupled with 400G-SR8 transceivers delivers 800 Gbps rack-to-rack, aligning cost and performance targets. Meanwhile, single-mode innovation pivots toward ultra-low-loss and multi-core formats capable of crossing ocean basins without repeaters, expanding the premium subsea slice of the fiber optic cable market size. The modal mix, therefore, hinges on distance-bandwidth economics: single-mode continues its reign in backbone routes, while multi-mode secures a volume foothold inside hyperscale halls where reach envelopes remain modest.
By Installation Type: Underground Deployment Leads Despite Submarine Surge
Underground routes commanded 46.1% revenue share in 2024, reflecting municipal mandates for aesthetic streetscapes and resilience against weather events. Even so, submarine installations display the swiftest trajectory at a 12.8% CAGR, fueled by hyperscalers’ sovereignty strategies and geopolitical drive to diversify trans-oceanic pathways. Aerial cables, often lashed to utility poles, keep costs low in rural grids that cannot justify trenching fees, ensuring balanced demand across installation categories.
Submarine projects now exceed USD 7 billion annually, underpinned by space-division multiplexing and multi-core designs that pack over 15 Tbps per pair. The underground segment defends its lead through micro-trenching and duct-sharing methods that shorten civil works. However, in coastal landing zones and island nations, submarine lines remain the only economic route to upgrade bandwidth, guaranteeing that the fiber optic cable market will continue allocating growing capex to undersea systems.

Note: Segment shares of all individual segments available upon report purchase
By End-User Industry: Telecommunications Dominance Challenged by Data Centers
Telecommunications entities carried 52.4% of the fiber optic cable market size in 2024, yet their supremacy erodes as hyperscale clouds construct private backbones, bypassing incumbent carriers. Data-center operators represent the fastest-growing cohort, advancing at a 14.0% CAGR driven by AI model training and latency-sensitive edge workloads. Utilities deploy fiber to embed wide-area protection schemes within smart grids; oil-and-gas majors install distributed acoustic sensing to monitor pipelines; and medical-device firms integrate fibers into minimally invasive instruments.
As 5G networks converge with cloud cores, carriers re-evaluate asset monetization, sometimes divesting consumer fiber to fund enterprise segments, thereby redistributing spend patterns inside the fiber optic cable market. Defence contractors procure radiation-hardened cables, a niche commanding premium margins and stringent export controls. These emerging verticals collectively diversify the revenue base, mitigating cyclic investment pauses from traditional telecoms.
Geography Analysis
Asia Pacific dominates with a 58.7% revenue chunk and the highest 12.6% CAGR through 2030, a reflection of state-backed megaprojects under China’s Belt and Road umbrella and India’s new rules favouring domestic landing stations. Japanese laboratories continue to set optical-throughput records, an R&D edge that cements regional leadership. South Korea and Japan’s dense 5G grids escalate fiber counts per square kilometre, while Southeast Asian consortia enlarge submarine clusters that turn Singapore into a de facto regional hub. Political frictions in the South China Sea, however, raise cable-cut risks, prompting redundant routing strategies that sustain elevated capex in the fiber optic cable market.
North America, the second-largest territory, pivots from greenfield to modernization cycles. The USD 42.45 billion BEAD program keeps rural builds active, whereas mergers such as AT&T’s sale of consumer fiber assets to Lumen reshape the competitive canvas. Domestic-content mandates foster capacity expansions in North Carolina and South Carolina, aligning supply with escalating AI-driven bandwidth demand. Europe reinforces subsea resilience following Baltic incidents, investing in multi-landing architectures that safeguard digital sovereignty; projects such as IOEMA illustrate the continent’s resolve to diversify pathways.
The Middle East, Africa, and South America emerge as next-wave hotspots. Gulf carriers leverage geographic crossroads to host multi-continent cables, while the 2Africa ring brings 45,000 km of new capacity that slashes latency and wholesale prices across Africa. Mediterranean ventures like Medusa extend reach into North Africa, whereas Brazil leads Latin American fiber rollouts tied to cloud-region launches. Financing, regulatory clarity, and skilled-labor availability remain challenges, but higher mobile-data adoption rates anchor a compelling long-term narrative for the fiber optic cable market.

Competitive Landscape
Moderate consolidation prevails: the top five vendors account for roughly 45% of global shipments, leaving room for regional specialists to thrive. Nokia’s USD 2.3 billion purchase of Infinera elevates its optical footprint to a 20% slice of the end-to-end ecosystem, highlighting how scale enables co-development of advanced coherent modules. Prysmian’s USD 950 million Channell deal extends reach from cable manufacturing into turnkey solutions, evidencing a pivot toward service-rich, recurring-revenue models[3]Prysmian Group, “Prysmian Acquires Channell Commercial,” prysmiangroup.com.
Capacity expansion is a decisive differentiator. Corning, AFL, and HFCL collectively earmarked more than USD 500 million for new U.S. and European plants, ensuring compliance with domestic-content clauses and buffering helium supply shocks. Technological moats tighten as multi-core and hollow-core patents accrue to innovators, with hyperscalers filing silicon-photonics IP that locks in proprietary transceiver ecosystems. Vendors that secure multi-year allocation agreements with cloud majors effectively de-risk volume, positioning themselves favourably within the fiber optic cable market.
Service-centric models gain ground. Managed optical-fiber-network offerings bundle construction, maintenance, and dark-fiber leasing, shifting customer focus from upfront capex to total-cost-of-ownership metrics. Regional players exploit sovereign-network requirements and niche segments such as high-temperature downhole cable for oil producers or sterilizable fibers for medical OEMs to sidestep direct clashes with conglomerates. Price competition persists at the commodity end of the spectrum, yet the premium tier rewards lifecycle performance, installation efficiency, and cybersecurity certifications, preserving healthy margins in the fiber optic cable market.
Fiber Optic Cable Industry Leaders
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Corning Inc.
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Sumitomo Electric Industries Ltd
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Prysmian Group
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Furukawa Electric
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CommScope Holding Company Inc.
- *Disclaimer: Major Players sorted in no particular order

Recent Industry Developments
- June 2025: Lumen Technologies powers the JUNO Trans-Pacific Cable System with high-capacity backhaul, linking Asia and North America via 350 Tbps SDM technology.
- April 2025: Metronet merges with Vexus Fiber, forming the largest independent U.S. fiber-to-the-home provider.
- February 2025: Meta unveils a 50,000 km global subsea-cable plan to cement control over international connectivity.
- June 2024: Corning and Lumen sign a deal reserving 10% of Corning’s fiber output for two years.
Global Fiber Optic Cable Market Report Scope
Fiber optic technology utilizes highly flexible, transparent fiber of extruded glass or plastic to transmit data. Fiber optic cables incorporate glass threads as thin as human hair, transmitting messages modulated into light waves. Although these cables are made of glass, they are highly durable and malleable.
The fiber optic cable market is segmented by end-user industry (telecommunication, power utilities, defense/military, industrial, medical, and other end-user industries) and by geography (North America, Europe, Asia-Pacific [China, Japan, India, Malaysia, Indonesia, Thailand, Vietnam, Singapore, Philippines, and the rest of Asia-Pacific], Latin America, Middle East and Africa). The study tracks the key market parameters, underlying growth influencers, and major vendors operating in the industry, which supports the market estimations and growth rates during the forecast period. The study also tracks the revenue accrued from the various types used in various end-use industries globally. In addition, the study provides the global fiber optic cable market trends and key vendor profiles. The study further analyses the overall impact of COVID-19 on the ecosystem. The market sizes and forecasts are provided in terms of USD value for all the above segments.
By Cable Type | Armored Cable | ||
Non-Armored Cable | |||
Ribbon Cable | |||
Others | |||
By Fiber Mode | Single-Mode Fiber | ||
Multi-Mode Fiber | |||
Plastic Optical Fiber | |||
By Installation Type | Aerial/Overhead | ||
Underground/Buried | |||
Submarine/Under-water | |||
Indoor/Drop Cables | |||
By End-user Industry | Telecommunications | ||
Data Centers and Cloud Providers | |||
Power Utilities and Smart Grid | |||
Defense and Aerospace | |||
Industrial Automation and Control | |||
Healthcare and Medical | |||
Oil and Gas and Offshore | |||
Others | |||
By Geography | North America | United States | |
Canada | |||
Mexico | |||
South America | Brazil | ||
Argentina | |||
Rest of South America | |||
Europe | Germany | ||
United Kingdom | |||
France | |||
Italy | |||
Spain | |||
Rest of Europe | |||
Asia-Pacific | China | ||
Japan | |||
India | |||
South Korea | |||
Rest of Asia-Pacific | |||
Middle East | Saudi Arabia | ||
United Arab Emirates | |||
Turkey | |||
Rest of Middle East | |||
Africa | South Africa | ||
Nigeria | |||
Egypt | |||
Rest of Africa |
Armored Cable |
Non-Armored Cable |
Ribbon Cable |
Others |
Single-Mode Fiber |
Multi-Mode Fiber |
Plastic Optical Fiber |
Aerial/Overhead |
Underground/Buried |
Submarine/Under-water |
Indoor/Drop Cables |
Telecommunications |
Data Centers and Cloud Providers |
Power Utilities and Smart Grid |
Defense and Aerospace |
Industrial Automation and Control |
Healthcare and Medical |
Oil and Gas and Offshore |
Others |
North America | United States |
Canada | |
Mexico | |
South America | Brazil |
Argentina | |
Rest of South America | |
Europe | Germany |
United Kingdom | |
France | |
Italy | |
Spain | |
Rest of Europe | |
Asia-Pacific | China |
Japan | |
India | |
South Korea | |
Rest of Asia-Pacific | |
Middle East | Saudi Arabia |
United Arab Emirates | |
Turkey | |
Rest of Middle East | |
Africa | South Africa |
Nigeria | |
Egypt | |
Rest of Africa |
Key Questions Answered in the Report
What is the current size of the fiber optic cable market?
The fiber optic cable market is valued at USD 13.92 billion in 2025 and is forecast to grow at a 10.46% CAGR.
Which region leads the fiber optic cable market?
Asia Pacific holds 58.7% of global revenue in 2024 and is projected to register a 12.6% CAGR through 2030.
What segment is expanding fastest within the fiber optic cable market?
Data-center applications represent the fastest end-user segment, advancing at a 14.0% CAGR between 2025-2030.
How are government programs influencing the fiber optic cable market?
Initiatives such as the USD 42.45 billion BEAD program mandate fiber-first rural build-outs, ensuring sustained demand and encouraging domestic manufacturing investments.
What key restraint could slow market growth?
Helium supply shortages and raw-material price volatility threaten production capacity and can delay timelines, exerting a projected –1.2% impact on CAGR.
Are new technologies reshaping future demand?
Yes. Multi-core, hollow-core, and ribbon cable innovations enable higher bandwidth density and faster installation, expanding long-term opportunities for vendors.