PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1719355
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1719355
The U.S. fiber-optic cable market is expected to grow from USD 2.9 billion in 2024 to USD 5.3 billion by 2032, registering a compound annual growth rate (CAGR) of 8.3%. This growth is fueled by the increasing demand for high-speed internet, the expansion of 5G networks, and the rising need for cloud computing and data-intensive applications. The COVID-19 pandemic further accelerated the demand for faster, more reliable internet connectivity, as remote work, video streaming, and virtual learning became integral parts of daily life. The market is also supported by government programs and investments aimed at extending fiber-optic infrastructure across rural and underserved areas.
Key Insights
Single-mode fiber holds the largest share, accounting for 55% in 2024, as it is essential for long-distance, high-bandwidth applications, particularly in telecom and data center infrastructure.
Loose-tube cables dominate the market, representing 40% of the share, due to their flexibility and durability, making them ideal for both short and long-distance outdoor applications.
Glass fiber is the leading fiber type, offering high bandwidth and low signal loss over long distances, making it crucial for telecommunications and data center networks.
Underground deployment is the most common method due to its protection from environmental damage and reduced aesthetic disruption, making it the preferred choice for dense urban areas.
Fiber-to-the-home (FTTH) and fiber-to-the-premises (FTTP) are significant trends, with major telecom providers heavily investing in infrastructure to meet rising demand for high-speed internet.
The South is the fastest-growing region, driven by increasing investments in fiber infrastructure and the expansion of 5G networks in the area.