Middle East & Africa Optical Fiber Market Forecast to 2030
Middle East & Africa Optical Fiber Market Forecast to 2030 – Regional Analysis – by Type (Step Indexed Optical Fiber and Graded Indexed Optical Fiber), Mode (Single Mode and Multi-Mode), Composition (Glass and Plastic), and End User (Telecom and Networking, Industrial Automation, Medical, Defense, and Others)
$2,485 – $3,885
- Description
- Toplines
- Reasons for Buying
- Table of Contents
- List of Tables
- LIst of Figures
- List of Companies
- Reviews (0)
Description
Emergence of Wavelength Division Multiplexing (WDM) in Optical Fiber Bolsters Middle East & Africa Optical Fiber Market
The increasing advancement in Artificial Intelligence (AI) and Machine Learning (ML) technologies has opened up a world of possibilities across various industries. These transformative technologies are driving innovation, automation, and efficiency, presenting a unique opportunity for the optical fiber market. As AI and ML applications continue to increase, the demand for robust and high-speed data transmission becomes paramount. Optical fiber networks are well-suited to meet the requirements of AI and ML systems because of their ability to handle large volumes of data with minimal latency. These technologies heavily rely on the seamless and reliable transfer of data for real-time analytics, decision-making, and prediction capabilities. The low latency and high bandwidth offered by optical fiber networks enable the transfer of data with minimal delays, ensuring the efficiency and effectiveness of AI and ML algorithms. Moreover, the increasing adoption of AI and ML in various industry verticals, such as healthcare, finance, manufacturing, and transportation, requires a strong foundation of connectivity. Optical fiber networks provide the necessary infrastructure to support the massive data transfers required by AI and ML applications. The high-speed capabilities of optical fiber enable the rapid transmission of data between servers, cloud platforms, and edge devices, facilitating the seamless operation of AI and ML. Additionally, as AI and ML applications become more sophisticated, the need for edge computing and decentralized data processing is growing. With their ability to connect remote locations and handle high-speed data transfers over long distances, optical fiber networks are essential for enabling efficient edge computing infrastructure. This enables real-time decision-making and reduces the dependence on centralized data centers, ensuring faster response times and improved overall performance for AI and ML systems.
Middle East & Africa Optical Fiber Market Overview
The Middle East & Africa (MEA) optical fiber market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of MEA. The region is experiencing a surge in demand for fiber optic equipment owing to factors such as the region’s telecommunications plans, rising internet usage, data center construction, and new energy development. Optical fiber product technology is also exhibiting an innovative trend in the Middle East market. With the advancement of new technologies such as 5G, the Internet of Things, and cloud computing, must have increased speed, capacity, dependability, security, and other features. In order to suit the needs of the Middle East market, fiber optic cable producers continue to create innovative products and solutions.
The MEA boasts a competitive telecommunications market with both local and international players. This competition has led to increased investments in optical fiber infrastructure to gain a competitive edge. Additionally, industry collaboration between telecom companies, governments, and technology providers has fostered innovation and accelerated the expansion of the optical fiber market. For instance, Corning has introduced ClearCurve, a new type of optical fiber that maintains great performance when bent and is ideal for indoor and outdoor fiber optic cabling. Additionally, Futong Information has introduced FiberExpress Fusion, a new type of fiber optic connector that can be swiftly installed on-site without splicing or polishing, boosting the efficiency and quality of fiber optic cable.
Middle East & Africa Optical Fiber Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Optical Fiber Market Segmentation
The Middle East & Africa optical fiber market is segmented based on type, mode, composition, end user, and country. Based on type, the Middle East & Africa optical fiber market is bifurcated into step indexed optical fiber and graded indexed optical fiber. The graded indexed optical fiber segment held a larger market share in 2022.
In terms of mode, the Middle East & Africa optical fiber market is bifurcated into single mode and multi-mode. The single mode segment held a larger market share in 2022.
By composition, the Middle East & Africa optical fiber market is bifurcated into glass and plastic. The glass segment held a larger market share in 2022.
Based on end user, the Middle East & Africa optical fiber market is categorized into the telecom and networking, industrial automation, medical, defense, and others. The telecom and networking segment held the largest market share in 2022.
Based on country, the Middle East & Africa optical fiber market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa optical fiber market share in 2022.
Corning Inc, Prysmian Spa, Jiangsu Zhogtian Technology Co Ltd, Yangtze Optical Fiber and Cable Joint Stock Ltd, Fiberhome Telecommunication Technologies Co Ltd, CommScope Holding Co Inc, Nexans SA, Furukawa Electric Co Ltd, Sumitomo Electric Industries Ltd, and Coherent Corp are some of the leading companies operating in the Middle East & Africa optical fiber market.
Summary Info
Industry: | |
---|---|
Pricing options: | |
Geographical coverage: | |
Year of Publication: |
According to the Research Team’ research, the Middle East & Africa optical fiber market was valued at US$ 665.21 million in 2022 and is expected to reach US$ 1,177.46 million by 2030, registering a CAGR of 7.4% from 2022 to 2030. Increase in adoption of fiber-to-the-home (FTTH) connectivity and widespread implementation of 5G are among the critical factor attributed to the Middle East & Africa optical fiber market expansion.
The internet has become an indispensable element of daily life. Consumers rely on technology for everything, including communication, entertainment, and work. However, as the reliance on the internet has risen, so has the demand for more dependable and quicker access. Fiber-to-the-home (FTTH) broadband is a broadband technology that employs optical fibers to offer high-speed internet to residences. Unlike typical copper or coaxial cables, which are susceptible to signal loss and interference, optical fibers are constructed of glass or plastic. They can transfer data over considerably greater distances without signal degradation. Traditional internet technologies cannot compete with quicker speeds and more dependable connections of FTTH. In a very short period, FTTH broadband has come a long way. It was first utilized exclusively in a few industries, particularly for high-end corporate and government applications. However, as the need for faster and more dependable internet connections has increased, so has the use of FTTH broadband. Today, it is becoming more common in residential areas, and many internet service providers now provide FTTH broadband as a basic offering. Therefore, the increase in the adoption of FTTH connectivity drives the market.
On the contrary, high installation costs hurdles the growth of Middle East & Africa optical fiber market.
Based on type, the Middle East & Africa optical fiber market is bifurcated into step indexed optical fiber and graded indexed optical fiber. The graded indexed segment held 54.4% market share in 2022, amassing US$ 362.18 million. It is projected to garner US$ 666.19 million by 2030 to expand at 7.9% CAGR during 2022-2030.
In terms of mode, the Middle East & Africa optical fiber market is bifurcated into single mode and multi-mode. The single mode segment held 75.5% share of Middle East & Africa optical fiber market in 2022, amassing US$ 502.28 million. It is projected to garner US$ 925.28 million by 2030 to expand at 7.9% CAGR during 2022-2030.
By composition, the Middle East & Africa optical fiber market is bifurcated into glass and plastic. The glass segment held 82.7% share of Middle East & Africa optical fiber market in 2022, amassing US$ 550.32 million. It is projected to garner US$ 1,004.06 million by 2030 to expand at 7.8% CAGR during 2022-2030.
Based on end user, the Middle East & Africa optical fiber market is categorized into telecom and networking, industrial automation, medical, defense, and others. The telecom and networking segment held 56.6% share of Middle East & Africa optical fiber market in 2022, amassing US$ 376.46 million. It is projected to garner US$ 655.79 million by 2030 to expand at 7.2% CAGR during 2022-2030.
Based on country, the Middle East & Africa optical fiber market has been categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the UAE captured 42.6% share of Middle East & Africa optical fiber market in 2022. It was assessed at US$ 283.58 million in 2022 and is likely to hit US$ 497.95 million by 2030, exhibiting a CAGR of 7.3% during 2022-2030.
Key players operating in the Middle East & Africa optical fiber market are Corning Inc, Prysmian Spa, Jiangsu Zhogtian Technology Co Ltd, Yangtze Optical Fiber and Cable Joint Stock Ltd, Fiberhome Telecommunication Technologies Co Ltd, CommScope Holding Co Inc, Nexans SA, Furukawa Electric Co Ltd, Sumitomo Electric Industries Ltd, and Coherent Corp, among others.
In October 2023, Sumitomo Electric showcased its high-definition core aligning fusion splicer TYPE-72C+, which was equipped with its patented artificial intelligence technology NanoTune.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa optical fiber market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa optical fiber market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Optical Fiber Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain:
5. Middle East & Africa Optical Fiber Market – Key Industry Dynamics
5.1 Drivers
5.1.1 Increase in Adoption of Fiber-to-the-Home (FTTH) Connectivity
5.1.2 Widespread Implementation of 5G
5.2 Restraints
5.2.1 High Installation Costs
5.2.2 Growth of Wireless Communication Systems
5.3 Opportunities
5.3.1 Adoption of Machine Learning (ML) and Artificial Intelligence (AI)
5.3.2 Expansion of Telecommunication Infrastructure
5.4 Trends
5.4.1 Emergence of Wavelength Division Multiplexing (WDM) in Optical Fiber
5.5 Impact of Drivers and Restraints:
6. Optical Fiber Market – Middle East & Africa Market Analysis
6.1 Optical Fiber Market Revenue (US$ Million), 2022 – 2030
6.2 Optical Fiber Market Forecast and Analysis
7. Middle East & Africa Optical Fiber Market Analysis – By Type
7.1 Step Indexed Optical Fiber
7.1.1 Overview
7.1.2 Step Indexed Optical Fiber Market Revenue and Forecasts to 2030 (US$ Million)
7.2 Graded Indexed Optical Fiber
7.2.1 Overview
7.2.2 Graded Indexed Optical Fiber Market Revenue and Forecasts to 2030 (US$ Million)
8. Middle East & Africa Optical Fiber Market Analysis – By Mode
8.1 Single Mode
8.1.1 Overview
8.1.2 Single Mode Market Revenue and Forecasts to 2030 (US$ Million)
8.2 Multi-Mode
8.2.1 Overview
8.2.2 Multi-Mode Market Revenue and Forecasts to 2030 (US$ Million)
9. Middle East & Africa Optical Fiber Market Analysis – By Composition
9.1 Glass
9.1.1 Overview
9.1.2 Glass Market Revenue and Forecasts to 2030 (US$ Million)
9.2 Plastic
9.2.1 Overview
9.2.2 Plastic Market Revenue and Forecasts to 2030 (US$ Million)
10. Middle East & Africa Optical Fiber Market Analysis – By End User
10.1 Telecom and Networking
10.1.1 Overview
10.1.2 Telecom and Networking Market Revenue and Forecasts to 2030 (US$ Million)
10.2 Industrial Automation
10.2.1 Overview
10.2.2 Industrial Automation Market Revenue and Forecasts to 2030 (US$ Million)
10.3 Medical
10.3.1 Overview
10.3.2 Medical Market Revenue and Forecasts to 2030 (US$ Million)
10.4 Defense
10.4.1 Overview
10.4.2 Defense Market Revenue and Forecasts to 2030 (US$ Million)
10.5 Others
10.5.1 Overview
10.5.2 Others Market Revenue and Forecasts to 2030 (US$ Million)
11. Middle East & Africa Optical Fiber Market – Country Analysis
11.1 Middle East & Africa
11.1.1 Middle East & Africa Optical Fiber Market Overview
11.1.2 Middle East & Africa Optical Fiber Market Revenue and Forecasts and Analysis – By Countries
11.1.2.1 South Africa Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.2.1.1 South Africa Optical Fiber Market Breakdown by Type
11.1.2.1.2 South Africa Optical Fiber Market Breakdown by Mode
11.1.2.1.3 South Africa Optical Fiber Market Breakdown by Composition
11.1.2.1.4 South Africa Optical Fiber Market Breakdown by End User
11.1.2.2 Saudi Arabia Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.2.2.1 Saudi Arabia Optical Fiber Market Breakdown by Type
11.1.2.2.2 Saudi Arabia Optical Fiber Market Breakdown by Mode
11.1.2.2.3 Saudi Arabia Optical Fiber Market Breakdown by Composition
11.1.2.2.4 Saudi Arabia Optical Fiber Market Breakdown by End User
11.1.2.3 UAE Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.2.3.1 UAE Optical Fiber Market Breakdown by Type
11.1.2.3.2 UAE Optical Fiber Market Breakdown by Mode
11.1.2.3.3 UAE Optical Fiber Market Breakdown by Composition
11.1.2.3.4 UAE Optical Fiber Market Breakdown by End User
11.1.2.4 Rest of Middle East & Africa Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.2.4.1 Rest of Middle East & Africa Optical Fiber Market Breakdown by Type
11.1.2.4.2 Rest of Middle East & Africa Optical Fiber Market Breakdown by Mode
11.1.2.4.3 Rest of Middle East & Africa Optical Fiber Market Breakdown by Composition
11.1.2.4.4 Rest of Middle East & Africa Optical Fiber Market Breakdown by End User
12. Competitive Landscape
12.1 Heat Map Analysis By Key Players
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Product Development & Company News
13.4 Collaboration
14. Company Profiles
14.1 Corning Inc
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Prysmian SpA
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Jiangsu Zhongtian Technology Co Ltd
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Yangtze Optical Fiber and Cable Joint Stock Ltd
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Fiberhome Telecommunication Technologies Co Ltd
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Furukawa Electric Co Ltd
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 CommScope Holding Co Inc
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Nexans SA
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Sumitomo Electric Industries Ltd
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Coherent Corp
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 Word Index
LIST OF TABLES
Table 1. Optical Fiber Market Segmentation
Table 2. Optical Fiber Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Optical Fiber Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 4. Optical Fiber Market Revenue and Forecasts to 2030 (US$ Million) – Mode
Table 5. Optical Fiber Market Revenue and Forecasts to 2030 (US$ Million) – Composition
Table 6. Optical Fiber Market Revenue and Forecasts to 2030 (US$ Million) – End User
Table 7. Middle East and Africa Optical Fiber Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 8. South Africa Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 9. South Africa Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) – By Mode
Table 10. South Africa Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) – By Composition
Table 11. South Africa Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 12. Saudi Arabia Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 13. Saudi Arabia Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) – By Mode
Table 14. Saudi Arabia Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) – By Composition
Table 15. Saudi Arabia Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 16. UAE Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 17. UAE Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) – By Mode
Table 18. UAE Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) – By Composition
Table 19. UAE Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 20. Rest of Middle East & Africa Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 21. Rest of Middle East & Africa Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) – By Mode
Table 22. Rest of Middle East & Africa Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) – By Composition
Table 23. Rest of Middle East & Africa Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 24. Heat Map Analysis By Key Players
Table 25. List of Abbreviation
Â
LIST OF FIGURES
Figure 1. Optical Fiber Market Segmentation, By Country
Figure 2. Ecosystem: Optical Fiber Market
Figure 3. Optical Fiber Market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Optical Fiber Market Revenue (US$ Million), 2022 & 2030
Figure 6. Optical Fiber Market Share (%) – Type, 2022 and 2030
Figure 7. Step Indexed Optical Fiber Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Graded Indexed Optical Fiber Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Optical Fiber Market Share (%) – Mode, 2022 and 2030
Figure 10. Single Mode Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Multi-Mode Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Optical Fiber Market Share (%) – Composition, 2022 and 2030
Figure 13. Glass Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. Plastic Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Optical Fiber Market Share (%) – End User, 2022 and 2030
Figure 16. Telecom and Networking Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Industrial Automation Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. Medical Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19. Defense Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 21. Middle East & Africa Optical Fiber Market Revenue, by Key Country, (2022) (US$ Million)
Figure 22. Optical Fiber Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 23. South Africa Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 24. Saudi Arabia Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 25. UAE Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 26. Rest of Middle East & Africa Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn)
The List of Companies – Middle East & Africa Optical Fiber Market
1. Corning Inc
2. Prysmian Spa
3. Jiangsu Zhogtian Technology Co Ltd
4. Yangtze Optical Fiber and Cable Joint Stock Ltd
5. Fiberhome Telecommunication Technologies Co Ltd
6. CommScope Holding Co Inc
7. Nexans SA
8. Furukawa Electric Co Ltd
9. Sumitomo Electric Industries Ltd
10. Coherent Corp
You must be logged in to post a review.
Reviews
There are no reviews yet.