Fiber Optic Cable Market Size, Share, Growth & Industry Information (2025 - 2030)

The Fiber Optic Cable Market Report is Segmented by Cable Type (Armored Cable, Non-Armored Cable, Ribbon Cable, and Other), Fiber Mode (Single-Mode Fiber, Multi-Mode Fiber, and Plastic Optical Fiber), Installation Type (Aerial/Overhead, Underground/Buried, and More), End-User Industry (Telecommunication, Power Utilities and Smart Grid, Defense and Aerospace, Industrial Automation and Control, and More), and Geography.

Fiber Optic Cable Market Size and Share

Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Compare market size and growth of Fiber Optic Cable Market with other markets in Technology, Media and Telecom Industry

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.

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.

Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

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.

Fiber Optic Cable Market
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

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.

Market Analysis of Fiber Optic Cable Market: Forecasted Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

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

  1. Corning Inc.

  2. Sumitomo Electric Industries Ltd

  3. Prysmian Group

  4. Furukawa Electric

  5. CommScope Holding Company Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Fiber Optics Cable Market Concentration
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

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.

Table of Contents for Fiber Optic Cable Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing penetration of high-speed internet and global data-traffic surge
    • 4.2.2 Accelerated 5G roll-outs and fiber-deep FTTx deployments
    • 4.2.3 Expanding hyperscale data-center interconnect demand
    • 4.2.4 Government-backed rural broadband and digital-inclusion programs
    • 4.2.5 Sub-sea route diversification for geopolitical resiliency
    • 4.2.6 Sustainability push replacing copper with low-carbon glass fiber
  • 4.3 Market Restraints
    • 4.3.1 High civil-works cost and right-of-way complexities
    • 4.3.2 Price volatility in raw materials and helium supply constraints
    • 4.3.3 Delays in environmental permitting for submarine routes
    • 4.3.4 Plateauing telco CAPEX in saturated metro markets
  • 4.4 Value/Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
    • 4.6.1 Multi-core and hollow-core fiber roadmap
    • 4.6.2 Integrated photonics and silicon-photonics transceiver integration
  • 4.7 Pricing Analysis
  • 4.8 Porter's Five Forces Analysis
    • 4.8.1 Threat of New Entrants
    • 4.8.2 Bargaining Power of Buyers
    • 4.8.3 Bargaining Power of Suppliers
    • 4.8.4 Threat of Substitute Products
    • 4.8.5 Intensity of Competitive Rivalry
  • 4.9 Investment Analysis
  • 4.10 COVID-19 Impact and Recovery Analysis

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Cable Type
    • 5.1.1 Armored Cable
    • 5.1.2 Non-Armored Cable
    • 5.1.3 Ribbon Cable
    • 5.1.4 Others
  • 5.2 By Fiber Mode
    • 5.2.1 Single-Mode Fiber
    • 5.2.2 Multi-Mode Fiber
    • 5.2.3 Plastic Optical Fiber
  • 5.3 By Installation Type
    • 5.3.1 Aerial/Overhead
    • 5.3.2 Underground/Buried
    • 5.3.3 Submarine/Under-water
    • 5.3.4 Indoor/Drop Cables
  • 5.4 By End-user Industry
    • 5.4.1 Telecommunications
    • 5.4.2 Data Centers and Cloud Providers
    • 5.4.3 Power Utilities and Smart Grid
    • 5.4.4 Defense and Aerospace
    • 5.4.5 Industrial Automation and Control
    • 5.4.6 Healthcare and Medical
    • 5.4.7 Oil and Gas and Offshore
    • 5.4.8 Others
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
    • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Rest of Europe
    • 5.5.4 Asia-Pacific
    • 5.5.4.1 China
    • 5.5.4.2 Japan
    • 5.5.4.3 India
    • 5.5.4.4 South Korea
    • 5.5.4.5 Rest of Asia-Pacific
    • 5.5.5 Middle East
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 United Arab Emirates
    • 5.5.5.3 Turkey
    • 5.5.5.4 Rest of Middle East
    • 5.5.6 Africa
    • 5.5.6.1 South Africa
    • 5.5.6.2 Nigeria
    • 5.5.6.3 Egypt
    • 5.5.6.4 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Prysmian Group
    • 6.4.2 Corning Inc.
    • 6.4.3 Sumitomo Electric Industries Ltd.
    • 6.4.4 Furukawa Electric Co., Ltd.
    • 6.4.5 CommScope Holding Company Inc.
    • 6.4.6 Fujikura Ltd.
    • 6.4.7 Nexans S.A.
    • 6.4.8 LS Cable and System Ltd.
    • 6.4.9 OFS Fitel LLC
    • 6.4.10 Sterlite Technologies Ltd.
    • 6.4.11 Hengtong Optic-Electric Co. Ltd.
    • 6.4.12 Yangtze Optical Fiber and Cable (JOFC)
    • 6.4.13 ZTT Group
    • 6.4.14 Proterial Ltd.
    • 6.4.15 Finolex Cables Ltd.
    • 6.4.16 Belden Inc.
    • 6.4.17 General Cable Corp.
    • 6.4.18 Hexatronic Group AB
    • 6.4.19 HMN Tech Co., Ltd.
    • 6.4.20 Taihan Fiberoptics Co., Ltd.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-Need Assessment
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

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
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
Need A Different Region or Segment?
Customize Now

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.

Fiber Optic Cable Market Report Snapshots