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The ribbon fiber optic cable market is set to experience explosive growth due to the increasing demand for high-speed connectivity in cloud computing, IoT, and big data analytics. Major telecoms and data centers are investing in R&D to develop innovative products that cater to diverse industry verticals and applications, creating abundant growth opportunities in the market. Key players in the market include Corning, CommScope, Fujikura Ltd, Prysmian and Yangtze Optic Fibre and Cable Joint Stock Limited Company (YOFC).