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(I-SoftwareNews.Com, July 02, 2018 ) EFSS market is expected to grow US$ 27.88 billion by 2025 from US$ 9.52 billion in 2015. Cloud deployment model expected to continue its dominance. Currently, APAC is the leader in implementations of optic fiber products for various communication and other industrial purposes. China leads currently the world market having a market share close to 40% of the entire global market. India and China lead the current market scenario. The technologically advanced regions of North America and Europe follow APAC market in terms of deployments of fiber optics.
Key trend which will predominantly effect the market in coming year is optical fiber market consolidation due to growing competition. Optical fiber market is about to see consolidation on many accounts. Either the smaller companies of the ecosystem would be acquired by the larger ones or the smaller companies are about to extinguish. The companies that survive in the ecosystem would be on account of innovations and to support the digital workplace or modernize corporate data infrastructures. The optical fiber vendors would be classified in a broader category and be acquired by players who want to add high speed internet feature to their larger platform of technology.
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Global Optical Fiber Market Players:
Corning Inc.
Lucent Technologies
Prysmian Group
Sterlite Technologies Limited
Yangtze Optical Fiber and Cable Co. Ltd.
Fujikura Ltd.
Optical Cable Corporation
OFS Fitel, LLC
Fibreoptic Communications (AFC)
Finolex Cable Limited
Optical fiber market by end-user vertical is segmented into Broadcast telecommunication & IT, industrial, medical, defense and others (R&D, Automobiles, infrastructural health monitoring and Oil & gas). The increasing needs for network upgradations in the enterprise are some of the trends contributing to the emerging optical fiber market. Almost all the industry verticals are increasingly demanding optical fiber capabilities that improve the data transfer speeds and connectivity.
The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the optical fiber industry.
Objectives of Optical Fiber Market Report are as follows:
To provide overview of the global Optical Fiber market
• To analyze and forecast the global Optical Fiber market on the basis of components, application, size and technology
• To provide market size and forecast till 2025 for overall Optical Fiber market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries
• To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
• To provide exhaustive PEST analysis for all five regions
• To profiles key Optical Fiber players influencing the market along with their SWOT analysis and market strategies
Complete Report is Available at http://www.reportsweb.com/optical-fiber-market-to-2025
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Source: EmailWire.Com 
Source: EmailWire.com
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