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East Africa Fiber Optic Cables Market Size, Share & Trends Analysis Report 2020-2026

The East Africa Fiber Optic Cables Market is expected to grow at a significant rate during the forecast period. Increasing demand for smartphones and devices that require internet for both personal and commercial usage and the ease of transmission over transmission media are expected to accentuate the growth of the East Africa Fiber Optic Cables Market during the forecast period.
Moreover, increasing public and private investments for the development of advanced network infrastructure and technological advancements are likely to provide significant growth opportunities to the players operating in this market.
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Based on the material type, the glass type segment is expected to dominant the market during the forecast period
Based on the material type, the market has been segmented into glass and plastic. The glass type segment accounts for the largest share in the East Africa fiber optic cables market by material type.
In comparison to plastic, cables made of glass are a better choice for ...
... large bandwidth and distance. To send data over short distances, telecommunication companies use plastic cables that carry electrical signals. The optic fiber cable made of plastic materials is expected to show significant growth during the projected period.
Based on the end-use industry, the IT & Telecom segment is expected to dominate during the forecast period
Based on the end-use industry, the market has been segmented into IT & Telecom, BFSI, healthcare, defense and aerospace, oil and gas, and others. The IT & Telecom segment accounts for the largest share in the market and held more than 25% of the total market in 2018. Optical fiber is majorly used by many telecommunication companies for transmitting telephone signals and television signals, and for internet communication. Owing to much lower interference and attenuation, fiber optic cables offer major advantages over copper wire in high-end, long-distance applications.
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Company Profiles and Competitive Intelligence:
The major players operating in the East Africa fiber optic cables market are Corning Inc., Sumitomo Electric Industries Ltd., Coherent, Inc., Finisar Corporation, and Prysmian Group, among others.
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