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The global lit fiber market is expected to reach a market valuation of $4.28 billion by YE 2022, accelerating with a robust CAGR of 16.7%. The lit fiber market share is anticipated to be valued at approximately $20 billion by YE 2032.

The market is dominated by multi-modal fiber, which is estimated to grow at a rate of 16.3%, while the single-mode segment is projected to grow at 17.2%.

Of the world's major geographical areas, North America accounts for more than 28% of the global lit fiber market.

Source: https://www.futuremarketinsights.com/reports/lit-fiber-market