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Demand for fiber optic cables is rising
The demand for fiber optic cables is slated to rise with the growth of the telecommunications sector, surging government intervention and the increasing need for high-speed internet. In turn, all these factors have resulted in the market likely attaining a valuation of USD 30. 7 billion in 2025 and is projected to reach USD 24. The market growth is primarily driven by the exponential rise in global internet traffic, 5G deployment. The fiber optic cable market was valued at USD 12. The demand for high-speed connectivity continues to rise, particularly in North America, which remains the largest market. Integration with smart technologies is.