Here is what is increasing the growth and penetration of the Fiber Optics technology
The momentum
is clear; the growing necessity of data security in the military & aerospace
sector has increased the growth and penetration of this technology.
In effect, there is a huge demand for fiber optic connectors in the security sector
owing to their bandwidth capabilities, inherent security, and protection
against signal interference.
According to
Research and Markets, the global fiber optics
market is expected to reach USD 9.12 billion by 2025
The firm
also revealed that, the growing adoption of the
optical technology in medical and aerospace arenas is anticipated to
revolutionize the market by 2025.
The upcoming
era is expected to witness the adoption of technology in the dynamic
application segment that includes railways, architecture & construction,
and BFSI, owing to the growing automated high-tech maintenance requisites and
escalating importance of data (as an asset).
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