Page 37 - Market Analysis Report of Optical Communications Field in China & Global market 2024
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million kilometers, and the total length of optical cable lines in growth by 14.5%, and is expected to contribute approximately
the country reached 64.32 million kilometers. The number of 10.7 trillion dollars to global economic growth, accounting for
Internet broadband access ports in the country reached 1.165 nearly 70% of the global impact.
billion, with a net increase of 2.943 million compared to the
end of the previous year. The number of 10G PON ports with Section 2:Analysis of Optical
gigabit network service capabilities reached 25.41 million, Communication Market 2024
with a net increase of 2.388 million compared to the end of the
previous year. The optical communication industry is currently in an unprecedented stage
of great change. On the one hand, affected by the severe macroeconomic
Since this year, the construction of 5G network in China has environment, the recovery of the optical communication industry remains
continued to advance. Mobile communications represented slow. On the other hand, the rapid development of the digital economy such as
by 5G have become one of the most active in innovation, the artificial intelligence also brings new development opportunities to the optical
most widely penetrated, and the most significant in driving communication industry.
technological fields. As of the end of August, the total number of
5G base stations in China had reached 4.042 million, with a net I. Global optical fiber and cable market
increase of 665,000 compared to the previous year, accounting
for 32.1% of the total number of mobile base stations. China’s 1.Global optical fiber and cable market analysis
5G application development level is globally leading. At
present, 5G industry applications have been integrated into Since 2024, affected by the macro environment, the global
76 major categories of the national economy. 450,000 5G optical fiber and cable market has generally shown relatively
industry virtual private networks and 300 5G factories have sluggish performance. Overcapacity, inventory pressure,
been built. The number of “5G+ industrial Internet” projects reduced construction demand from operators and postponed
has exceeded 14,000. New technologies, new business forms, construction demand of data centers have made the recovery
and new models are developing actively, and the effectiveness of the global optical fiber and cable market fall short of
of empowering thousands of industries is remarkable. New- expectations.
generation information technologies such as 5G, big data, cloud
computing, and artificial intelligence are accelerating their However, with the development of 5G and emerging
integration and penetration into industry, agriculture, and service technologies such as artificial intelligence, the growing
industry. The trend of digital transformation and upgrading in demand for higher broadband and faster connection speeds
all fields of the economy and society is becoming more and will effectively support the market demand for optical fiber and
more obvious, promoting the transformation and upgrading cable. It is expected that from 2023 to 2030, the global optical
of traditional industries and continuously giving birth to new fiber interconnect market size will expand at a compound
industries, new business forms and new models. annual growth rate (CAGR) of 15.00%, which will provide
3. Rapid development of artificial intelligence and data huge opportunities for the development of the optical fiber and
centers cable.
With the continuous popularity of artificial intelligence (AI),
data centers, which serve as infrastructure support, have also In 2023, the global fiber and cable market size was
set off a new round of upsurge. China attaches great importance approximately 11.63 billion dollars. It is expected that in 2024,
to the development of artificial intelligence and actively the optical fiber and cable market size will reach 12.7 billion
promotes the deep integration of the Internet, big data, artificial dollars. Among them, the region with the fastest demand growth
intelligence, and the real economy to cultivate and strengthen is North America, and the region with the biggest market share
the intelligent industry. is Asia-Pacific.
In 2023, the scale of China’s core artificial intelligence industry The selection results of “The Winner of the Top
reached 578.4 billion yuan, with a growth rate of 13.9%. The 10competitiveness Enterprises in Global Optical
adoption rate of generative artificial intelligence by enterprises Communication in 2024” list released by the Network
in China has reached 15%, and the market size is approximately Telecommunication Information Research Institute clearly
14.4 trillion yuan. At present, China has cultivated 421 national- show the competitive situation among enterprises in the global
level intelligent manufacturing demonstration factories and and Chinese optical communication industry and various sub-
more than 10,000 provincial-level digital workshops and industries in 2024. In the global optical fiber and cable list, the
intelligent factories. The number of artificial intelligence top ten global manufactures occupy 91.30% of the optical fiber
enterprises has exceeded 4,500. and cable market share, showing strong competitive advantages.
The top ten enterprises are occupied by five countries,
Industry institution predict that by 2030, AI will significantly namely the United States (Corning), China (YOFC, HTGD,
promote China’s GDP growth by 26%, North American’s GDP FiberHome, ZTT), Japan (Furukawa Electric/ OFS, Sumitomo
Electric, Fujikura), Italy (Prysmian), and Indian (Sterlite).
Among them, Chinese enterprises occupy four seats, accounting
for 13.00%, 11.20%, 9.80%, and 11.30% of the global market
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