Fiber Optics Components Market Scope and Market Size

Asia-Pacific region dominates the fiber optics components market and will continue to flourish its trend of dominance during the forecast period owing to the rising technological advancements and large-scale adoption of the technology in IT and telecommunication and administrative sector in this region. Europe region is projected to undergo substantial gains and score the highest CAGR for this period. This is because of the growth and expansion of various end user verticals in this region and rising government investments in the favour of this market.