Fiber Optics Market Size, Share, Growth, Trends and Forecast to 2020 by Grand View Research, Inc

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High manufacturing and maintenance cost may act as restraint to market growth over the forecast period. The fiber optics market can be segmented on the basis of application including, oil & gas, utilities, telecommunication, military & aerospace, private data networks, cable television and biomedical etc. Telecommunication application is expected to grow considerably over the next six years owing to increasing wireless network upgradation for 3G and broadband network access. Asia Pacific is expected to be the key regional segment owing to increasing 3G and 4G usages in countries like India and China. Demand for FTTH/FTTC is expected to drive North America and European market growth. View Fiber Optics Market Report with TOC @