The growing telecommunication industry is anticipated to drive the growth of the Fiber Management Solutions market

Covid-19 Impact & Market Status

The disease has expanded to almost 100 countries around the world since the COVID-19 viral outbreak in December 2019, prompting the World Health Organization to declare it a public health emergency. The global effects of the coronavirus illness 2019 (COVID-19) are already being seen, and the infotech industry will be considerably impacted in 2020.

COVID-19 has the potential to have three major effects on the global economy: directly impacting production and demand, causing supply chain and market disruption, and having a financial impact on businesses and financial markets.

Flight cancellations travel bans, and quarantines; restaurants closed; all indoor events restricted; over forty countries declared states of emergency; massive supply chain slowdown; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about the future have all been impacted by the COVID-19 outbreak.

The global Fiber Management Solutions market report study through in-depth research offers a comprehensive market outlook with analysis of Covid-19 impact. The report examines the impact of a pandemic on the economic growth of the market, developments, applications, and regions operating in the global crypto market. Recovery strategies implemented by market players during the covid-19 pandemic are studied. A detailed study of the Fiber Management Solutions market documented in this report helps market players make well-informed decisions.

Cloud type is anticipated to dominate the market during the forecast period

Organizations are adopting hybrid cloud because of increased user and resource mobility, continued application migration to the cloud, and the introduction of more sophisticated threats. Industries that prioritize compliance, security, and user experiences, such as healthcare, BFSI, and government, use the hybrid deployment strategy. Leading cloud suppliers are concentrating on expanding their hybrid cloud presence; for example, IBM purchased Bluetab Solutions Group (Spain) in July 2021 to increase its data and hybrid cloud consultancy market while also strengthening its regional presence in Latin America and Europe.

The Asia Pacific is anticipated to lead the market growth

Due to increased production and consumption in Asia, as well as shifting consumer preferences for technologically advanced products and services, the Asia Pacific market is expected to grow at a significant CAGR over the forecast period, creating opportunities for companies to develop new green products.

The growing telecommunication industry is anticipated to drive the growth of the Fiber Management Solutions market

A fiber management system (FMS) is a system for managing optical fiber connections from the fiber rack's exterior to the fiber routers. The FMS process is used to manage a fiber network. It keeps track of system activities and features such as schematic design, asset physical locations, mechanical/fusion splice sites, and more. Its applications include creating and disseminating cable capacity reports, calculating total cable lengths, recording fiber cable locations, splicing records, verifying the presence of dark fiber cables, and troubleshooting fiber breakage, among others.

Most businesses rely on software-based platforms, databases, and spreadsheets to complete these activities. Managers and installers can use these technologies to save data about network components, connections, and testing, which can be important for planning future upgrades or identifying issues if they occur. Fiber optic management systems can provide reports that show network statistics including cable section lengths, loss budgets, network capacity, optical loss, and splice and termination locations. All of these variables are aiding the global growth of Fiber management solutions.

These factors collectively influence the thumping growth of the global Fiber Management Solutions market.

Fiber management solutions are most commonly employed in fiber optic communication systems. Cellular wireless technology has relied on fiber networks in the past and will continue to do so in the future. The arrival of 5G networks, the fifth generation of mobile network technology that promises faster speeds, cleaner connections, and increased capacity for individual devices, is widely anticipated. As a result, Fiber management solutions will need to be substantially denser to handle 5G cell installations. The high manufacturing costs associated with the development of this system, as well as its fragility and difficulties in installation, may hinder the growth of the Fiber management solutions market.

Telecommunication is the largest end-use industry for fiber optics, and the optical fiber is the major medium for data transfer from one place to another. Because of the increased use of mobile devices and the related bandwidth connectivity, the industry is rapidly developing. Positive Fiber management solutions market trends in broadband services and large data management, including 5G networks, AI implementation, and the Internet of Things, are driving the telecommunications industry (IoT). The number of connected devices continues to rise, and the utilization of Fiber management solutions will follow suit as device usage and connection expand.

The top companies proving Fiber Management Solutions are Schneider Electric,3-GIS, Ksavi Network, Comsof Fiber, Patchmanager B.V., JDSU Acterna ONMS, OSPInsight, VETRO FiberMap, Lepton Software, Bentley, FiberBase, GEOGRAPH andJO Software (cableScout) among all the emerging and well-established players.

These companies to stay ahead of the competitive edge are undertaking strategic initiatives such as mergers and acquisitions, and expansions for research and development in Fiber Management Solutions.

Latest Innovations in the Global Fiber Management Solutions Market: a Snapshot

• SYLFA HD, a new front access modular connection technology released in April 2021 by HUBER+SUHNER, a Swiss fiber optic cable manufacturing business, provides a space-saving structured cabling solution for WAN/Access network, central office, and data center customers. According to the company, the next-generation front access solution maximizes space with high port density and patch cord over length support. It boasts a one-of-a-kind module design that makes accessing incoming cables from the front or back much easier, resulting in increased efficiency. A unique routing channel is also included in the modules, which adheres to the shortest possible banding radius and provides for front accessibility without losing density.

The EKO platform for AI-assisted intelligent network management has been released by Go! Foton Inc., a New Jersey-based producer of optical components and connectivity solutions for fiber-optic communications. The device was unveiled in March 2020 at the OFC 2020 expo in San Diego. Its goal is to help wireless and wireline carriers satisfy ever-increasing performance demands while also addressing the never-ending problem of fiber densification.

Fiber Management Solutions Market Scope

Key Segments of the Global Fiber Management Solutions Market

Type Overview, 2018-2028 (USD Billion)

• Cloud-Based
• Web-Based

Application Overview, 2018-2028 (USD Billion)

• Fiber Degion and Planning
• Fiber Monitor
• Fiber Management

Regional Overview, 2018-2028 (USD Billion)

North America

• U.S
• Canada

Europe

• Germany
• France
• UK
• Rest of Europe

Asia Pacific

• China
• India
• Japan
• Rest of Asia Pacific

South America

• Mexico
• Brazil
• Rest of South America

The Middle East and South Africa