According to Cognitive Market Research, The Global Fiber Cable Termination market size is USD 1.6 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 7.50% from 2023 to 2030.
The demand for Fiber Cable Terminations is rising due to the surge in broadband and telecommunication networks, as well as the rapid growth in data centers.
Demand for Fiber Optic Pigtails remains higher in the Fiber Cable Termination market.
The Communication Systems category held the highest Fiber Cable Termination market revenue share in 2023.
The European Fiber Cable Termination market will continue to lead, whereas the Asia Pacific Fiber Cable Termination market will experience the most substantial growth until 2030.
