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UK Fibre Optic Cable Market
ID: MRFR/ICT/53970-HCR
200 Pages
June 2025
UK Fibre Optic Cable Market Research 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
Recent developments in the UK Fibre Optic Cable Market indicate significant advancements and investments aimed at enhancing connectivity and infrastructure. Companies like Nokia, CommScope, and Fujikura are actively working on innovative solutions to expand fibre optic networks across urban and rural areas, supporting the UK government's ambition to achieve nationwide gigabit-capable broadband by 2025. Openreach has increased its efforts to roll out fibre-to-the-premises technology, announcing plans to connect over 25 million homes and businesses by the mid-2020s. In terms of market dynamics, Exponentiale and Vodafone Group are collaborating on projects to improve fibre deployment efficiency and reduce installation costs. Notably, in May 2023, Prysmian Group announced its acquisition of a UK-based firm specializing in fibre optics, further strengthening its position in the market. In addition, Sterlite Technologies is expanding its operations in the UK, aiming to cater to the increasing demand for high-speed internet services. Over the past few years, substantial growth has been observed in market valuations of key players, fueled by rising investments, technological advancements, and ongoing government initiatives, positioning the UK as a leader in the fibre optic sector across Europe.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 0.85(USD Billion) |
| MARKET SIZE 2024 | 1.24(USD Billion) |
| MARKET SIZE 2035 | 7.66(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 18.003% (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 Billion |
| KEY COMPANIES PROFILED | Nokia, CommScope, Sumitomo Electric, Vodafone Group, Exponentiale, BT Group, Fibercore, Fujikura, Openreach, Prysmian Group, Wavii, Corning, Sterlite Technologies, ZTE, Huawei |
| SEGMENTS COVERED | Type, Application, End Users |
| KEY MARKET OPPORTUNITIES | Rising demand for high-speed internet, Expansion of 5G networks, Increased government investments in infrastructure, Growth of smart city initiatives, Need for reliable telecommunications connections |
| KEY MARKET DYNAMICS | growing internet demand, government investment initiatives, advancements in technology, increasing data transmission needs, competition among providers |
| COUNTRIES COVERED | UK |
FAQs
What is the projected market size of the UK Fibre Optic Cable Market for the year 2024?
The UK Fibre Optic Cable Market is expected to be valued at 1.24 billion USD in the year 2024.
What will be the market size of the UK Fibre Optic Cable Market by 2035?
By 2035, the market is projected to reach a value of 7.66 billion USD.
What is the expected Compound Annual Growth Rate (CAGR) for the UK Fibre Optic Cable Market from 2025 to 2035?
The expected CAGR for the UK Fibre Optic Cable Market during this period is 18.003 percent.
Which type of fibre optic cables has a higher market value in 2024?
In 2024, Single-mode fibre optic cables are valued at 0.76 billion USD, compared to Multi-mode at 0.48 billion USD.
What will be the market value of Single-mode fibre optic cables by 2035?
The market value of Single-mode fibre optic cables is expected to reach 4.5 billion USD by 2035.
What impact do key players have on the UK Fibre Optic Cable Market?
Major players including Nokia, Vodafone Group, and Prysmian Group significantly influence the market's dynamics and value.
What are the projected opportunities in the UK Fibre Optic Cable Market?
The market presents opportunities driven by increasing demand for high-speed internet and enhanced networking applications.
How is the market for Multi-mode fibre optic cables expected to grow by 2035?
By 2035, the market for Multi-mode fibre optic cables is anticipated to grow to 3.16 billion USD.
What are the applications driving the growth of the UK Fibre Optic Cable Market?
Key applications include telecommunications, data centers, and broadband connectivity which are driving market growth.
What challenges does the UK Fibre Optic Cable Market currently face?
Challenges include competition from alternative technologies and the high cost of installation for fibre optic infrastructure.
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