$ATVK According to Reportlinker, global market demand for optical fiber in 2016 was in excess of 400 million kilometers (km). Over the next five years, global market demand is projected to surpass 700 million km/year by 2021. This level of expected growth is attributable to multiple segments of the global technology and telecommunications markets which utilize optical fiber as a network backbone, including mobile phone network’s implementation of 5G technologies, 4K television, higher internet bandwidths and fiber to the home installation.
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