Fiber Optic Boom Yields Fiber Test Equipment Echo Boom

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The US fiber optic test equipment market will comprise over a fifth (21.3%) of the worldwide market over the next ten years, according to a new report from Future Market Insights. Fiber optic testing is becoming more critical as the telecommunications industry increasingly deploys fiber broadband and as fiber becomes an increasingly important underpinning of wireless networks. The researchers expect the worldwide fiber test equipment market to grow from $923 million in 2023 to $1.7 billion by 2033. The 10-year growth rate represents a CAGR of 6.8%. To ensure the fiber optic cable is working correctly, testing equipment is used in the production, inspection, and on-field troubleshooting of network systems, as well as in research and development phases across industries. To maintain network performance, telecom providers are constantly testing insertion loss and bandwidth. As fiber becomes increasingly important in provider networks, it will be important not only for providers to have sufficient fiber optic test equipment. 


Fiber Optic Boom Yields Fiber Test Equipment Echo Boom