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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).