The semiconductor segment in optical waveguide market is expected to be the fastest growing material

The global Optical Waveguide Market size is estimated to be USD 6.6 billion in 2023 and is projected to reach USD 9.5 billion by 2028, at a CAGR of 7.3% according to a new report by MarketsandMarkets™. The growth of this market is driven by factors such as surging demand for high bandwidth, growing deployment of 5G telecommunication networks, and rising number of data centers worldwide.