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The Fiber Optic Cable Market was valued at USD 11.68 billion in 2022 and is estimated to increase at a 15.6% CAGR during the forecast period. Fiber optic cableu2019s widespread application in several end-use sectors will fuel the global marketu2019s expansion. The extended reach and higher bandwidth connections of fiber optic cable are expected to have a significant effect on the marketu2019s growth structure.
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