The global market for fiber optic connectors should grow from $4.0 billion in 2020 to $6.2 billion by 2025, at compound annual growth rate (CAGR) of 9.4% for the period of 2020-2025.
Asia-Pacific market for fiber optic connectors should grow from $1.6 billion in 2020 to $2.5 billion by 2025, at a CAGR of 9.8% for the period of 2020-2025.
The Americas market for fiber optic connectors should grow from $1.4 billion in 2020 to $2.2 billion by 2025, at a CAGR of 9.1% for the period of 2020-2025.
Increasing demand for high bandwidth, concerns over security issues, and wider adoption of fiber optic connectors are boosting the growth of the global fiber optic connector market. The application of FTTH and mobile communication market also had a positive impact on the market growth.