- Plastic,
- Glass
Mexico Fiber Optics Market size was valued at USD 10.6 billion in 2023 and is expected to grow at a significant CAGR of 9.4% from 2024 to 2030. The market provides a detailed overview of the market and that can be segmented by fiber type and application. By fiber type, the Mexico fiber optics market has been segmented into Plastic and glass. The plastic segment is likely to be the largest and fastest-growing segment in terms of fiber type. Based on application, the market is segmented into Voice, Conference, Messaging, and Others. Among these, the voice segment is expected to have the fastest-growing market during the forecast period 2024-2030 according to Precision Business Insights.
Mexico Fiber Optics Market Key Development:
- In February 2022, Neutral Networks, GigNet expand fiber infrastructure in Mexico. In November 2020, Lumen expands its Mexican fibre optic network.
Mexico Fiber Optics Market Dynamics
The rise in the adoption of fiber optic technology across the Mexico is one of the major factors driving the growth of fiber optics market. The increase in the preference toward high bandwidth communication and expansion of healthcare sector have a positive impact on the market.
Country Analysis
By region, the Mexico market is expected to witness highest market share during the forecast period. Increasing industrialization and infrastructural development that offer various growth opportunities for the use of fiber optics in various applications.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Mexico Fiber Optics Market Segmentation
By Fiber Type
By Application
- Voice,
- Conference,
- Messaging,
- Others
By Geography
- North America,
- Europe,
- Asia Pacific,
- Latin America, and
- Middle East and Africa
Frequently Asked Questions
The mexico fiber optics market size was valued at USD 10.6 billion in 2023
The major players in the global Mexico fiber optics market are Prysmian Group (Italy), Sumitomo Electric Industries, Ltd. (Japan), Yangtze Optical Fibre and Cable Joint Stock Limited Company (China), Fujikura Ltd. (Japan), LEONI (Germany), LS Cable & System Ltd. (South Korea), Hengtong Group Co., Ltd. (China).
| 1. Executive Summary |
| 2. Mexico Fiber Optics Market Introduction |
| 2.1. Mexico Fiber Optics Market Taxonomy |
| 2.2. Mexico Fiber Optics Market Definitions |
| 2.2.1. By Fiber Type |
| 2.2.2. By Application |
| 3. Mexico Fiber Optics Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Mexico Fiber Optics Market Dynamic Factors - Impact Analysis |
| 4. Mexico Fiber Optics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis,2019 - 2023 and Forecast, 2024 - 2030, Revenue (USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Mexico Fiber Optics Market, By Fiber Type, 2019 - 2023 and Forecast, 2024 - 2030, Revenue (USD Mn) |
| 5.1. Plastic |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, Revenue (USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Glass |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, Revenue (USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6. Mexico Fiber Optics Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 - 2030, Revenue (USD Mn) |
| 6.1. Voice |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, Revenue (USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Conference |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, Revenue (USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Messaging |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, Revenue (USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Others |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, Revenue (USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. Competition Landscape |
| 7.1. Strategic Dashboard of Top Market Players |
| 7.2. Company Profiles (Introduction, Financial Analysis, Application& Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 7.2.1. Player 1 |
| 7.2.2. Player 2 |
| 7.2.3. Player 3 |
| 7.2.4. Player 4 |
| 7.2.5. Player 5 |
| 8. Research Methodology |
| 9. Key Assumptions and Acronyms |
- Prysmian Group,
- Sterlite Technologies Limited,
- AFL Global, Finisar,
- Sumitomo Electric Industries, Ltd,
- LS Cable & System,
- Â Leoni AG,
- Furukawa Electric Co. Ltd.,
- General Cable Corporation,
- Optical Cable Corporation