GCC Fibre Optic Cable Market
GCC Fibre Optic Cable Market Size, Share and Trends Analysis Report By Type (Single-mode, Multi-mode), By Application (FTTX, CATV, Submarine Cable, Long-Distance Communication, Local Mobile Metro Network, Other Local Access Network) andBy End Users (Information And Communications Technology, Banking And Financial Services, Defense And Aerospace, Industrial)- Forecast to 2035
Industry Developments
The GCC Fibre Optic Cable Market has witnessed notable developments recently. In September 2023, Etisalat announced the expansion of its fibre optic network capabilities to enhance broadband services, further solidifying their market position. Similarly, in August 2023, Zain launched a new fibre-optic service targeting residential customers across its operating regions. Sumitomo Electric continues to advance with its investments in Research and Development to enhance the efficiency of fibre optic cable manufacturing in the GCC region. In terms of mergers and acquisitions, there have been significant movements with Corning reportedly acquiring a substantial stake in a local entity to strengthen its presence in the market, as reported in July 2023. The market valuation for companies like Du and Huawei is also on the rise, reflecting the growing demand for high-speed internet and connectivity solutions amid the GCC's digital transformation initiatives. In the previous years, major expansions and partnerships have been reported, with manufacturers such as Prysmian Group and General Cable engaging in collaborations to tap into emerging markets, while governments continue to allocate funds and support for fibre optic infrastructure projects critical for economic growth in the region.
Report Scope
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 319.22(USD Million) |
| MARKET SIZE 2024 | 362.25(USD Million) |
| MARKET SIZE 2035 | 1030.0(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 9.966% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | Nokia, Zain, Etisalat, Sumitomo Electric, Du, General Cable, Mitsubishi Electric, Prysmian Group, STC, Corning, FiberHome, Ooredoo, Nexans, Southwire, Huawei |
| SEGMENTS COVERED | Type, Application, End Users |
| KEY MARKET OPPORTUNITIES | Growing demand for high-speed internet, Expansion of smart city initiatives, Increased investment in telecom infrastructure, Rise in data center construction, Expansion of 5G networks across GCC |
| KEY MARKET DYNAMICS | growing internet demand, government infrastructure investments, rising urbanization trends, increasing telecommunication networks, technological advancements in cabling |
| COUNTRIES COVERED | GCC |
FAQs
What is the expected market size of the GCC Fibre Optic Cable Market in 2024?
The GCC Fibre Optic Cable Market is expected to be valued at 362.25 million USD in 2024.
What is the projected market size for the GCC Fibre Optic Cable Market by 2035?
By 2035, the GCC Fibre Optic Cable Market is forecasted to reach a value of 1030.0 million USD.
What is the expected CAGR for the GCC Fibre Optic Cable Market from 2025 to 2035?
The expected CAGR for the GCC Fibre Optic Cable Market during the period from 2025 to 2035 is 9.966%.
Which segment has a higher market value in 2024, Single-mode or Multi-mode fibre optic cables?
In 2024, Multi-mode fibre optic cables have a higher market value at 199.35 million USD compared to Single-mode cables at 162.9 million USD.
What will be the market value for Single-mode fibre optic cables by 2035?
The expected market value for Single-mode fibre optic cables by 2035 is 455.0 million USD.
What is the projected market value for Multi-mode fibre optic cables in 2035?
By 2035, the market value for Multi-mode fibre optic cables is projected to be 575.0 million USD.
Who are the key players in the GCC Fibre Optic Cable Market?
Major players in the GCC Fibre Optic Cable Market include Nokia, Zain, Etisalat, Sumitomo Electric, and Huawei.
Are there any emerging trends in the GCC Fibre Optic Cable Market?
Emerging trends in the GCC Fibre Optic Cable Market include increased demand for higher bandwidth and advanced telecommunications technologies.
What challenges does the GCC Fibre Optic Cable Market face?
Challenges faced by the GCC Fibre Optic Cable Market include the high cost of installation and competition from alternative technologies.
How does regional demand impact the GCC Fibre Optic Cable Market growth?
Regional demand, particularly in urban areas, significantly drives the growth of the GCC Fibre Optic Cable Market.
Kindly complete the form below to receive a free sample of this Report
Customer Stories
“This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job”
“Thanks. It’s been a pleasure working with you, please use me as reference with any other Intel employees.”
“Thanks for sending the report it gives us a good global view of the Betaïne market.”
“Thank you, this will be very helpful for OQS.”
“We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.”
“I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”
“I have been reading the first document or the study, ,the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!”
“We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.”