December 13, 2024

Insights:  GCC Fiber Optic Cable Market to Grow 8.4% CAGR from 2024-2030

GCC Fiber Optic Cable Market

GCC Fiber Optic Cable Market

In 2024, Amazon Web Services announced plans to invest about USD 5.3 billion in developing data center projects in Saudi Arabia by 2026.

According to MarkNtel Advisors study, The GCC Fiber Optic Cable Market size is estimated to grow at a CAGR of around 8.4% during the forecast period, i.e., 2024–30.

The heightened urbanization and increasing population density in the GCC countries necessitate high-speed and reliable internet connectivity to meet the growing demand for digital services and applications. Moreover, the emergence of smart cities and IoT (Internet of Things) initiatives also fuels the demand for FTTH, enabling seamless integration of connected devices and services for improved urban management and quality of life. Government initiatives aimed at diversifying economies and promoting digital transformation further prioritize the development of robust telecommunications infrastructure, including FTTH networks, to enhance connectivity and support economic growth.

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Key Findings in GCC Fiber Optic Cable Market:

Historical Years2019-2022
Base Years2023
Forecast Years2024-2030
Key Report Highlights·         Market Dimensions & Projections·         Pricing Evaluation,·         Recent Strategic Moves by Companies,·         Primary Stakeholders,·         Analysis of Import and Export Trends,·         Competitive Landscape Assessment,·         Emerging Opportunities,·         Market Trends and Indicators
Reports Delivery FormatMarket research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

GCC Fiber Optic Cable Market Key Players:

Corning Optical Communications GmbH & Co. KG, Prysmian Cavi E Sistemi S.r.l (DMCC Branch), Sumitomo Electric Industries, Ltd., Hengtong Optic-Electric Egypt Co., S.A.E, Sterlite Technologies Limited and Others

Market Segmentation Overview:

By Fiber Type

-Single-Mode Fiber

-Multi-Mode Fiber

By Deployment

-Underground

-Underwater

-Aerial

By Cable Design

-Ribbon Tube

-Loose Tube

-Tight Buffered

-Central Core

-Micro Module Tube

By End Users

-Oil & Gas

-IT & Telecommunications

-Energy & Power

-Healthcare

-Aerospace & Defense

-BFSI

-Others (Industrial Manufacturing, Transportation, etc.)

By Application

-Data Transmission & Networking

-Broadcasting & Entertainment

-Imaging & Sensing

-Others (Avionics, Light Guides, etc.)

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By Region

  • The UAE
  • Saudi Arabia
  • Qatar
  • Kuwait
  • Bahrain
  • Oman

The GCC Fiber Optic Cable Industry Recent Development:

In 2024: H.B. Fuller Middle East, H.B. Fuller, and Saudi Aramco Technologies Company, in collaboration with Aether Industries Limited, a leading provider of specialty and fine chemicals and contract research and manufacturing services, have jointly announced the first commercialization of the sustainable Converge polyols technology.

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We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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