NEW DELHI , April 8, 2022 /PRNewswire/ -- According to the study undertaken by Astute Analytica, the Global Ribbon Fiber Optic Cable Market is projected to witness a rise in its revenue from US$ 2,834.6 Mn in 2021 to US$ 7,623.2 Mn by 2030. The market is registering a CAGR of 11.6% over the forecast period 2022-2030. Local area networks (LAN) and data center networks are migrating to higher cabled fiber counts to meet increasing system bandwidth needs. Ribbon optical cables are now being deployed to meet these needs, as they provide the highest fiber density relative to cable size, maximize utilization of pathway and spaces and facilitate ease of termination. Ribbon fiber optic cable is a convenient solution for space and weight problems.
Request a Sample Report of Ribbon Fiber Optic Cable Market: https://www.astuteanalytica.com/request-sample/ribbon-fiber-optic-cable-market
The growing impetus of the market is attributed to factors such as rising need for better speed and greater bandwidth among industries and rapid rise in urbanization, industrialization, and consumer spending. As trends like virtualization and convergence bring increased traffic to 40G/100G data centers, cable with high fiber counts is needed to support growing bandwidth. Relative to cable size, flexible ribbon cable provides the highest connectivity density to make every square foot count. Its small OD and superb flexibility make it easier and faster to handle, creating installation possibilities in narrow pathways and small conduit. Ribbon fiber optic cable has recently emerged as a primary cable choice for deployment in campus, building, and data-center backbone applications where fiber counts of more than 24 are required. This design offers robust performance equivalent to the stranded loose-tube cable and provides the maximum fiber density relative to cable diameter when compared to stranded loose-tube and tight-buffered cable designs. Moreover, different local, state and country level governments are taking initiatives to improve accessibility of internet to its individuals, such as Digital India initiative by the Indian government, which is also propelling the market growth. Also, many tech companies are opening their data centers across the globe, which is in turn triggering market growth. For instance, IBM opened three data centers in the UK and Tencent Cloud, China -based cloud corporation launched its first data center in Jakarta, Indonesia . Moreover, the growing integration of advanced and innovative technology in the data center by the key players coupled with rising partnerships between market players will further propel market growth over the projection period. Therefore, as we see the demands of bandwidth double the need of fiber, ribbon cable becomes the simplest, easiest, and fastest way to plan for future network needs. However, the complications associated with error solving process disrupt the growth of global ribbon fiber optic cable market over the forecast period.
Multi-mode segment dominates the ribbon fiber optic cable market
Based on type, the global ribbon fiber optic cable market is segmented based on single mode and multi-mode. The multi-mode segment holds the highest market share in 2021 and is further estimated to continue its dominance over the forecast period. The growth of this segment is attributed to rising demand from data centers, telecommunication solutions and indoor solutions. The single mode segment has the highest annual growth rate over the forecast period.
With MT connector segment holds the highest CAGR in the ribbon fiber optic cable market
In terms of termination, the market is divided into - with MT connector and without MT connector. Among these, without MT connector segment holds the highest share in the Global Ribbon Fiber Optic Cable Market in 2021, whereas, with MT connector segment registers the highest CAGR over the projection period. The MTP connector is a 12-fiber push/pull fiber optic connector with a footprint similar to the SC simplex connector. These high-density connectors are used to significantly accelerate the network cabling process, minimize errors, and reduce congestion in patch panels.
FTTx is the leading application segment in the ribbon fiber optic cable market in 2021
Based on application, the market is categorized into FTTx, long-distance communication, local mobile metro network, other local access network, avionics networks, digital video systems, flight management systems, weather radar systems, CATV, ethernet backbone and others. Out of these, the FTTx is estimated to have the highest market share in 2021. Growth of this segment is attributed to technological advancements taking place in data centers and rising initiatives by various governments to increase internet accessibility.
Asia Pacific leads the Global Ribbon Fiber Optic Cable Market in 2021
Asia Pacific dominates the Global Ribbon Fiber Optic Cable Market in 2021 and is estimated to continue its dominance over the projection period. The region is further projected to have the highest CAGR over the forecast period. The rising need for better speed and greater bandwidth among industries coupled with growing number of data centers in emerging economies such as China , India , and Indonesia among others is accelerating the market growth.
Directly Purchase a copy of report with TOC @ https://www.astuteanalytica.com/request-sample/ribbon-fiber-optic-cable-market
Corning, CommScope, Fujikura Ltd, Prysmian, Nexans, and Yangtze Optic Fiber and Cable Joint Stock Limited Company (YOFC) among others
By Type, By Termination, By Application, By Region
North America, Europe, Asia Pacific, Middle East & Africa, South America
Get your customized report as per your preference. Ask for customization
Siemon is a US-based telecommunication company that offers IT infrastructure hardware and services for data centers, Local Area Networks (LANs) and intelligent buildings. The company's product portfolio includes data centers, intelligent buildings, enterprise LAN, audio & visual solutions, cloud & managed services, distributed antenna systems (DAS), hyperscale, cabling solutions, connectors, cooling systems, racks, power over Ethernet (POE), Wi-Fi and others.
Yangtze Optical Fiber and Cable Joint Stock Limited Company (YOFC) is a Hubei, China -based telecommunication company, that has been in operation since 1988. The company's huge product offering serves a wide range of applications including data centers, fixed broadband, home entertainment, 5G bearer network, smart application, smart grid, railway transportation and others.
Prysmian S.p.A. is a Milan -based Italian firm that specializes in the manufacturing of electrical cable for use in the energy and telecom industries, as well as optical fibers.
FS Fitel is a designer, manufacturer and provider of optical fiber, optical fiber cable, connectivity, FTTX and specialty photonics solutions. OFS Fitel includes the first application specific fiber, the first optical connectors, the first ribbon cables, the first attenuators, the first hard clad silica fibers and dozens of additional breakthroughs that enabled the fiber optics revolution.
Corning Incorporated is a multinational technology firm based in the United States . It has been in operation since 1851. It offers its wide product portfolio under the business heads - Advanced Optics, Display Glass, Environmental Technologies, Optical Communications and Pharmaceutical Technologies.
The following are the different segments of the Global Ribbon Fiber Optic Cable Market:
By Type segment of the Global Ribbon Fiber Optic Cable Market is sub-segmented into:
By Termination segment of the Global Ribbon Fiber Optic Cable Market is sub-segmented into:
By Application segment of the Global Ribbon Fiber Optic Cable Market is sub-segmented into:
By Region segment of the Global Ribbon Fiber Optic Cable Market is sub-segmented into:
Enquire more about this report before purchase @ https://www.astuteanalytica.com/request-sample/ribbon-fiber-optic-cable-market
For Additional Information OR Media Enquiry, Please Mail Us At: sales@astuteanalytica.com
Astute Analytica is a global analytics and advisory company which has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in depth and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the Globe. They are able to make well calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising of business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of best cost-effective, value-added package from us, should you decide to engage with us.
Contact us: Aamir Beg BSI Business Park, H-15,Sector-63, Noida- 201301- India Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World) Email: sales@astuteanalytica.com Website: www.astuteanalytica.com Follow US: LinkedIn | Twitter
View original content:https://www.prnewswire.com/news-releases/global-ribbon-fiber-optic-cable-market-is-projected-to-reach-us-7-623-2-mn-by-2030--cagr-11-6-astute-analytica-301520785.html
It's important to remember that as we watch the stock market crash and our personal net worth take a big hit. While that has certainly happened, it's important to note that the stock market isn't the economy.
The first half of 2022 has been rocky. But Goldman likes this group to bounce back.
Over the past month, the odds of a home price correction spiked. That's according to an analysis CoreLogic ran for Fortune this week.
(Bloomberg) -- The world’s richest nation is waking up to an unpleasant and unfamiliar sensation: It’s getting poorer.Most Read from BloombergA $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest EggsWalmart’s Troubles Should Have Everyone on High AlertOne of the World’s Frothiest Housing Markets Turned Into a Seller’s Headache OvernightPutin’s War Means Russia’s Rich Aren’t Welcome at Davos AnymoreElon Musk Gets Defensive Over Twitter Meme as Harassment Report SurfacesAmericans’ collective n
When legends speak, people listen – and few investors match the legendary status of Ray Dalio. The founder of Bridgewater Associates has built his firm from a 2-room apartment operation into the world’s largest hedge fund, with more than $150 billion in assets under management, and a net gain exceeding $46 billion. Dalio believes that the next two to four years will see our global economic and political systems change in ways that are unpredictable now. And the key to survival, for investors, ma
Your retirement savings are $1 million. You want $100,000 of yearly retirement income, including Social Security. Is that doable without tons of risk?
Cathie Wood is a long-time Tesla bull, but the stock isn't the largest holding in Wood's ARK Innovation ETF anymore.
The protester revealed the message “Stop raping us” in the blue and yellow colours of the Ukraine flag.
Economist Larry Summers was right about inflation last year — so we asked him what he sees coming next for the U.S. economy.
Genco Shipping & Trading has been a port in the storm. A new dividend policy could more than keep the stock afloat.
Unlike traditional bonds, which have been absolutely pummeled this year, Series I savings bonds are far safer—because you’re guaranteed to keep up with inflation and there’s no interest rate risk, meaning they don’t lose value as interest rates rise. If you bought I-bonds in April, you were able to lock in the previous 7.1% interest rate for the next six months. The strategies exploit the large difference in interest rate between I-bonds and other investments.
(Bloomberg) -- Amazon.com Inc., stuck with too much warehouse capacity now that the surge in pandemic-era shopping has faded, is looking to sublet at least 10 million square feet of space and could vacate even more by ending leases with landlords, according to people familiar with the situation. Most Read from BloombergA $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest EggsWalmart’s Troubles Should Have Everyone on High AlertOne of the World’s Frothiest Housing Markets Turned Into a Seller
Moderna (NASDAQ: MRNA) and Novavax (NASDAQ: NVAX) are no longer big winners for investors. Let's first address the uncertainties for Moderna. There are questions about the high number of side effects of its experimental influenza vaccine.
Another week of big losses as Wall Street adjusts to a "hard" reality. Tesla broke decisively, but it wasn't alone.
Mark Newton, head of technical strategy at Fundstrat, thinks the S&P 500's late-day reversal on Friday provides 'hopes that a minor bounce is underway.'
What happened The ride in Ford (NYSE: F) stock wasn't very smooth on Friday. The big American carmaker saw its shares decline by nearly 3% on a day when the S&P 500 index essentially traded sideways. A ruling from a court overseas was the key catalyst in that deceleration.
The stock market’s recent weakness could be particularly hazardous to your wealth if you’re male, above the age of 45, married, have more dependents, or think you have excellent investment knowledge. Nearly a third of investors who “panic sell” swear off equities altogether, and never re-enter the market. This new study would be important to review at any time, but especially now, given the stock market’s recent losses.
In this article, we discuss 10 buy-the-dip stocks to buy according to billionaire Ken Fisher. If you want to skip our detailed analysis of Fisher’s stock selection and the current sell-off in tech, go directly to 5 Best Buy-the-Dip Tech Stocks According to Billionaire Ken Fisher. The tech-heavy Nasdaq Composite is down 27% in 2022 […]
One day after Boeing (NYSE: BA) stock bounced higher on news of a big 737 plane sale to the parent company of British Airways and Iberia (the International Consolidated Airlines Group), shares of the airplane-building juggernaut are falling 7.2% as of 1:10 p.m. ET. The reason: Boeing may be encountering turbulence at higher altitudes. Earlier on Thursday, the big news around Boeing was the company's announcement that International Airlines Group has agreed to buy 25 Boeing 737-8-200 aircraft and 25 737 MAX 10 jetliners -- and taken out an option to buy as many as 100 more planes besides.
There are lots of ways to generate passive income. Investing in dividend stocks is one of the tried-and-true approaches. Buying $100,000 of each of these 5 dividend stocks can make you nearly $33,000 in passive income per year.