Plastic Optical Fiber POF Market Insights Video

According to Cognitive Market Research, the global Plastic Optical Fiber - POF market size is USD 81254.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 7.20% from 2024 to 2031.

• North America held the major market of more than 40% of the global revenue with a market size of USD 32501.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
• Europe accounted for a share of over 30% of the global market size of USD 24376.26 million.
• Asia Pacific held the market of around 23% of the global revenue with a market size of USD 18688.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.2% from 2024 to 2031.
• Latin America market of more than 5% of the global revenue with a market size of USD 4062.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.6% from 2024 to 2031.
• Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 1625.08 million in 2024ss and will grow at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.
• The Telecom and IT held the highest Plastic Optical Fiber - POF market revenue share in 2024