The fiber optics market is projected to grow from USD 9. 1 billion by 2035, at a CAGR of 9. 2% market share, while single-mode will lead the cable type segment with a 63. Rapid expansion of data centers, cloud services, and 5G infrastructure is driving strong adoption of fiber optic solutions. The expansion of 5G networks is a major growth drive in the market due to 5G's substantial requirements for speed, capacity, and low latency. Fiber. Global Outlook – By Type (Single Mode, Multi-Mode, Plastic Optical Fiber (POF)), By Deployment (Underground, Underwater, Aerial), By Application (Communication, Non-Communication), By Industry Vertical (Telecom, Oil And Gas, Tunnel, Medical, Railway, Other Industry Verticals) – Market Size, Trends.