Fiber Optic Components Market Analysis In The US By Industry Size, Share, Trends, Key Players and Technology
According to TechSci Research, United States Fiber Optic Components Market is projected to grow at a robust CAGR over the next five years, due to growing investments in optical fibers to accommodate the upcoming 5G technology. Moreover, the rising distribution of data centres and increasing demand for higher bandwidth to accommodate advancements in cloud computing, high-speed broadband networks in telecom, virtualization and big data applications, will propel the United States Fiber Optic Components Market further. Based on the data date, the 100G segment is expected to lead the market in the forecast period as it offers complete automation increased data rate, and high-speed. Based on type of the Fiber Optic Components market , the transceiver segment is expected to lead the market due to its applications like high-speed data transmission and interconnect capability. Based on the applications, communication segment holds the largest share and is expected to maintain its p...