United States And European Fiber Optic Cable Market Overview
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 3.40 Billion |
| Market Size (2030) | USD 5.39 Billion |
| Growth Rate (2025 - 2030) | 9.66% CAGR |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
US & European Fiber Optic Cable Market Analysis
The United States And European Fiber Optic Cable Market size is estimated at USD 3.40 billion in 2025, and is expected to reach USD 5.39 billion by 2030, at a CAGR of 9.66% during the forecast period (2025-2030).
The fiber optic cable industry is experiencing significant transformation driven by digital evolution and changing business dynamics. The shift toward digital transactions has become particularly pronounced, with the European Central Bank reporting that the share of online payments in consumers' non-recurring payments surged to 17% in 2022 from 6% in 2019. This digital transformation has catalyzed the need for robust optical communication infrastructure across industries, particularly in sectors requiring real-time data transmission and high-speed connectivity. The evolution of hybrid work models and increasing reliance on virtual collaboration tools have further accelerated the demand for reliable, high-bandwidth network solutions across both residential and commercial sectors.
The industry landscape is witnessing substantial technological advancements, particularly in cable design and deployment methodologies. In January 2023, Prysmian Group introduced an innovative 864-fiber optic cable version of its Sirocco HD micro duct cables, achieving a remarkable fiber density of 9.1 fibers per square millimeter within an 11.0 mm diameter. This development represents a significant leap in installation efficiency and space utilization. Similarly, in February 2023, Viaflex expanded its product portfolio to include premium-grade resin conduit for fiber optic cable protection, demonstrating the industry's focus on enhancing infrastructure durability and performance.
The market is experiencing a notable shift toward advanced fiber connectivity solutions, particularly in addressing specialized industry requirements. According to the FTTH Council Europe, EU39 reached a significant milestone of over 111 million FTTH subscriptions in 2022, highlighting the growing adoption of fiber technology. The integration of fiber optics in critical infrastructure has become increasingly sophisticated, with applications extending beyond traditional telecommunications into sectors such as healthcare, industrial automation, and smart city initiatives. This diversification of applications has led to the development of specialized optical networking solutions tailored to specific industry requirements.
The industry is witnessing strategic consolidation and technological innovation aimed at advancing fiber communication capabilities. A notable example is Microsoft's acquisition of Lumenisity Limited in December 2022, a provider of next-generation hollow core fiber (HCF) cable solutions, highlighting the growing importance of advanced fiber technology in cloud infrastructure. The GSMA projects that Europe will achieve approximately 311 million 5G connections by 2025, underscoring the critical role of fiber network infrastructure in supporting next-generation wireless networks. These developments indicate a broader trend toward integrated communications solutions that combine fiber optic technology with emerging digital platforms, enhancing data center connectivity.
US & European Fiber Optic Cable Market Trends
The Increased Data Traffic Creates the Demand for Fibre Optic Cable Network
The explosive growth in data traffic across various sources, including internet usage, e-commerce, computer networks, and multimedia applications, has created an unprecedented demand for high-bandwidth transmission infrastructure. According to Ericsson's latest projections, data traffic per smartphone in North America is expected to reach 58 GB per month by 2028, while Western Europe is anticipated to reach 56 GB per month in the same period. This substantial increase in data consumption necessitates transmission mediums capable of handling such vast amounts of information, making fiber optic cables, with their virtually infinite bandwidth capacity, the preferred choice for network infrastructure development.
The surge in internet penetration and digital transformation across the United States and Europe has further intensified the need for robust fiber connectivity networks. According to Eurostat, the share of daily internet users in the European Union reached 84% in 2022, highlighting the growing dependency on high-speed connectivity. This increasing user base, coupled with the proliferation of bandwidth-intensive applications such as video conferencing, cloud computing, online gaming, and streaming services, has made fiber optic cables indispensable for maintaining network performance and reliability. The technology's ability to transmit light pulses for information transfer, instead of electronic pulses used in traditional copper cables, provides superior bandwidth capabilities and improved transmission efficiency.
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Rising Investment in Fiber Optic and 5G Deployment
The telecommunications industry is witnessing substantial investments in optical transmission infrastructure to support the expanding 5G network deployment across the United States and Europe. In September 2022, the US National Science Foundation (NSF) partnered with the Department of Defense Office, investing USD 12 million to select 16 multidisciplinary teams for the Convergence Accelerator program's "Track G: Securely Operating Through 5G Infrastructure" initiative. This investment demonstrates the growing emphasis on developing secure and reliable 5G communications infrastructure for government and military applications. Additionally, major telecommunications providers are actively expanding their telecommunication cable networks, as evidenced by Corning's plans to establish Arizona's first fiber network in 2023, which aims to serve over 100,000 residences.
The industry is also witnessing significant technological advancements in optical transport network solutions to meet the growing demand for high-speed connectivity. In January 2023, Adtran launched its SDX 6330 10Gbit/s Combo passive optical network fiber access platform, enabling service providers to rapidly connect businesses and homes with fiber-based broadband. Similarly, in November 2022, Swedish connectivity provider Arelion announced plans to construct two high-capacity structured cabling routes between Mexico and the United States through Texas, addressing the increasing demand for high-capacity, scalable bandwidth transport. These investments and innovations in optical transmission infrastructure are crucial for supporting the anticipated growth in 5G coverage, with Germany alone expecting to achieve 43% population coverage through its 3.5 GHz 5G network by 2025.
Segment Analysis: By End-User Industry
Telecommunication Segment in United States and European Fiber Optic Cable Market
The telecommunication segment dominates the United States and European fiber optic cable market, commanding approximately 45% of the market share in 2024. This significant market position is driven by the explosive growth in data traffic from various sources, including internet services, e-commerce, computer networks, and multimedia applications. The segment's prominence is further reinforced by the increasing deployment of 5G networks, with telecommunications companies heavily investing in fiber optic infrastructure to support high-speed, low-latency connections. The segment's leadership is also attributed to the growing demand for fiber-to-the-home (FTTH) broadband services, particularly as remote work and digital transformation initiatives continue to accelerate. Additionally, the segment is experiencing the highest growth rate of around 10% for the forecast period 2024-2029, driven by aggressive bandwidth demands and the need for reliable, high-capacity network infrastructure to support emerging technologies like cloud computing and the Internet of Things (IoT).
Remaining Segments in United States and European Fiber Optic Cable Market
The industrial segment represents the second-largest portion of the market, followed by the medical, defense/military, and power utilities segments. The industrial sector leverages fiber optic component technology for various applications, including automation, process control, and machine vision systems, particularly in manufacturing and automotive industries. The medical segment continues to expand through applications in minimally invasive surgery, medical imaging, and diagnostic equipment. The defense/military sector utilizes optical transmission cables for secure communications, missile guidance systems, and electronic warfare applications. Power utilities employ data transmission cable technology for grid monitoring, control systems, and internal communications networks. Each of these segments contributes uniquely to the market's growth, driven by increasing digitalization, automation, and the need for reliable, high-speed optical communication across various applications.
United States And European Fiber Optic Cable Market Geography Segment Analysis
United States and European Fiber Optic Cable Market in the United States
The United States maintains its dominant position in the fiber optic cable market, commanding approximately 50% of the total market share in 2024. The country's leadership is driven by significant government funding initiatives like the Broadband Equity, Access, and Deployment (BEAD) Program, which provides substantial investment for expanding high-speed internet access. The deployment of fiber-to-the-home (FTTH) networks continues to accelerate, with major telecommunications companies expanding their fiber network infrastructure to meet growing demand. The market is further strengthened by the increasing adoption of 5G technology, cloud computing, and data center expansions. Manufacturing capabilities are also expanding, with companies like Corning establishing new production facilities to serve the growing western United States and Canadian markets. The emphasis on digital transformation across industries, coupled with the rising trend of remote work, continues to drive demand for high-speed fiber connectivity networks. The country's commitment to technological advancement and infrastructure development positions it as a key driver of innovation in the fiber optic cable sector.
United States and European Fiber Optic Cable Market in Germany
Germany represents a significant market in the European fiber optic cable landscape, with substantial growth potential in its digital infrastructure. The country's Federal Ministry for Digital Affairs and Transport has implemented comprehensive strategies to accelerate fiber optic deployment nationwide. Major telecommunications providers like Deutsche Telekom and Vodafone are actively expanding their fiber networks, with ambitious plans to connect millions of additional households. The market is characterized by increasing competition among service providers, leading to accelerated infrastructure development and improved service offerings. Private-public partnerships are emerging as a key driver for network expansion, particularly in underserved areas. The industrial sector's growing adoption of Industry 4.0 technologies is creating additional demand for high-speed fiber connectivity networks. German manufacturers are also playing a crucial role in the European fiber optic ecosystem, contributing to both domestic and international markets. The country's systematic approach to digital transformation and strong industrial base continues to drive market growth.
United States and European Fiber Optic Cable Market in Austria and Switzerland
Austria and Switzerland demonstrate strong market dynamics in the fiber optic cable sector, with both countries pursuing aggressive network expansion strategies. Switzerland stands out with one of the fastest-growing FTTH subscriber bases in Europe, driven by strategic collaborations between telecommunications companies and utility providers. The Swiss market benefits from strong infrastructure investment and a highly developed telecommunications sector. In Austria, major telecommunications providers are forming strategic partnerships to accelerate fiber deployment, particularly in rural and underserved areas. Both countries maintain high standards of technological adoption and digital infrastructure development. The market is characterized by strong competition and innovation, with service providers continuously upgrading their networks to meet increasing bandwidth demands. The presence of major international organizations and financial institutions in these countries further drives the need for reliable, high-speed connectivity. The focus on quality and precision in network deployment aligns well with these countries' reputation for technical excellence.
United States and European Fiber Optic Cable Market in Other Countries
The fiber optic cable market across other European countries shows diverse development patterns, with each region pursuing unique strategies for network deployment. France has emerged as a leader in fiber deployment, with ambitious national coverage goals and strong infrastructure development programs. The United Kingdom is witnessing significant investment from alternative network providers, transforming its traditional copper-based infrastructure. Italy is accelerating its fiber rollout, particularly in urban areas, while Spain maintains one of the highest fiber penetration rates in Europe. These markets are characterized by varying levels of competition, regulatory frameworks, and infrastructure development priorities. The increasing focus on digital transformation, coupled with European Union initiatives for connectivity improvement, continues to drive market growth across these regions. The presence of both established telecommunications providers and emerging players creates a dynamic market environment, fostering innovation and service improvement across the continent.
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US & European Fiber Optic Cable Industry Overview
Top Companies in United States and European Fiber Optic Cable Market
The fiber optic cable market is characterized by continuous product innovation focused on developing advanced optical fibers with enhanced bandwidth capacity, reduced signal loss, and improved durability. Companies are investing heavily in research and development to create specialized solutions for emerging applications in telecommunications, healthcare, and industrial sectors. Strategic partnerships and collaborations with telecom operators and technology providers have become crucial for market expansion, particularly in regions pursuing aggressive fiber-to-home deployments. Operational agility is demonstrated through vertically integrated manufacturing capabilities, allowing companies to maintain quality control and respond quickly to market demands. Major players are expanding their geographical presence through new manufacturing facilities, particularly in high-growth regions, while also focusing on developing eco-friendly and sustainable fiber optic cable solutions to meet evolving customer requirements and environmental regulations.
Market Dominated by Global Technology Conglomerates
The fiber optic cable market exhibits a moderately consolidated structure dominated by established global technology conglomerates with diverse product portfolios and strong manufacturing capabilities. These major players leverage their extensive research facilities, established distribution networks, and long-standing relationships with telecom operators to maintain their market positions. Regional specialists have carved out niches by focusing on specific applications or geographical markets, particularly in emerging economies where local manufacturing and customization capabilities are valued.
The market has witnessed significant merger and acquisition activity as companies seek to expand their technological capabilities and geographical reach. Larger corporations are acquiring specialized manufacturers to enhance their product offerings and gain access to proprietary technologies. Vertical integration strategies are prevalent, with companies acquiring suppliers of raw materials and components to secure supply chains and maintain cost competitiveness. Joint ventures and strategic alliances are increasingly common, particularly for entering new markets or developing specialized solutions for emerging applications such as optical interconnect and optical cable assembly.
Innovation and Adaptability Drive Market Success
For incumbent players to maintain and increase their market share, continuous investment in research and development remains crucial, particularly in developing next-generation fiber optic solutions for emerging technologies like 5G networks and data centers. Success factors include the ability to offer comprehensive solutions that integrate hardware, software, and services, while maintaining cost competitiveness through efficient manufacturing processes. Building strong relationships with key stakeholders, including government agencies and telecom operators, is essential for securing large-scale projects and maintaining a competitive edge in the market.
New entrants and challenger companies can gain ground by focusing on specialized market segments or geographical regions where they can offer unique value propositions. The ability to provide customized solutions, superior technical support, and faster response times to customer requirements can help differentiate smaller players from larger competitors. While substitution risk from alternative technologies remains low due to fiber optics' superior performance characteristics, companies must stay attuned to evolving regulatory requirements, particularly regarding environmental sustainability and safety standards. Success in this market increasingly depends on the ability to navigate complex supply chains, maintain quality standards, and adapt to changing customer requirements while managing costs effectively. The integration of optical transmission equipment and fiber optic component innovations is also pivotal in driving market success.
US & European Fiber Optic Cable Market Leaders
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Nexans SA
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Prysmian Group
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Weinert Industries AG
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Coherent Corporation
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Sumitomo Corporation
- *Disclaimer: Major Players sorted in no particular order
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US & European Fiber Optic Cable Market News
- January 2023 - Italy-based Prysmian Group introduced an 864-fiber version of its Sirocco HD micro duct cables. The new cable squeezes 864 fibers into a diameter of 11.0 mm, which produces a fiber density of 9.1 fibers per square millimeter. The fiber cable can be installed in a 13-mm duct.
- October 2022 - STL announced its plans to establish its first U.S. cable manufacturing plant in South Carolina, United States. According to the company, the manufacturing facility will primarily manufacture optical cables.
- August 2022 - Corning Incorporated announced that it is expanding optical cable manufacturing capacity in response to a long-term engagement with the nation's largest fiber internet provider as the carrier extends fiber service. Corning intends to develop its strategic investments in optical fiber, cable, and connectivity solutions to satisfy the unprecedented need by building a new cable production facility in Gilbert, Arizona, a part of the Greater Phoenix area.
US & European Fiber Optic Cable Industry Segmentation
Fiber optic technology transmits data by highly flexible, transparent extruded glass or plastic fiber. Fibre optic cables incorporate glass threads as thin as human hair, sending messages modulated into light waves. Although these cables are made of glass, they are highly durable and malleable.
The United States and European Fiber Optic Cable Market is segmented by end-user industry (telecommunication, power utilities, defence/military, industrial, and medical) and by country (United States, Germany, Austria, Switzerland, and the Rest of Europe). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By End-user Industry | Telecommunication |
| Power Utilities | |
| Defence/military | |
| Industrial | |
| Medical | |
| Other End-user Industries | |
| By Country | United States |
| Germany | |
| Austria and Switzerland |
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US & European Fiber Optic Cable Market Research FAQs
How big is the United States and European Fiber Optic Cable Market?
The United States and European Fiber Optic Cable Market size is expected to reach USD 3.40 billion in 2025 and grow at a CAGR of 9.66% to reach USD 5.39 billion by 2030.
What is the current United States and European Fiber Optic Cable Market size?
In 2025, the United States and European Fiber Optic Cable Market size is expected to reach USD 3.40 billion.
Who are the key players in United States and European Fiber Optic Cable Market?
Nexans SA, Prysmian Group, Weinert Industries AG, Coherent Corporation and Sumitomo Corporation are the major companies operating in the United States and European Fiber Optic Cable Market.
What years does this United States and European Fiber Optic Cable Market cover, and what was the market size in 2024?
In 2024, the United States and European Fiber Optic Cable Market size was estimated at USD 3.07 billion. The report covers the United States and European Fiber Optic Cable Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the United States and European Fiber Optic Cable Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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United States And European Fiber Optic Cable Market Research
Mordor Intelligence provides a comprehensive analysis of the fiber optic cable industry. We leverage extensive expertise in optical communication and telecommunication cable research. Our detailed examination covers crucial aspects of fiber connectivity and structured cabling systems. This includes optical networking solutions and broadband cable infrastructure. The report offers an in-depth analysis of submarine fiber cable deployments and optical transport network developments. We place particular emphasis on fiber network infrastructure and optical transmission equipment.
Stakeholders gain valuable insights into optical interconnect technologies and fiber patch cable innovations. Our detailed report PDF is available for download. The analysis encompasses data center connectivity trends, optical cable assembly specifications, and advances in fiber optic component technology. Our research thoroughly examines optical transmission systems and data transmission cable implementations. We provide strategic intelligence on FOC deployment patterns across the United States and European markets. The comprehensive coverage of fiber communication technologies enables industry leaders to make informed decisions about infrastructure investments and technological advancement strategies.
