Global fiberoptics to grow rapidly, particularly in Eastern Europe

The global fiberoptics market will increase from $5.7 billion in 1994 to $14.4 billion in 1999, according to a forecast by KMI (Newport, RI). Western Europe`s market share will balloon from $1.4 billion to $3.8 billion. The biggest growth, however, will be due to the expansion underway in Eastern Europe. The market in the former Soviet Republics will skyrocket from $65 million to $448 million in the same period, according to a report from John Kessler, KMI president. Kessler`s report includes analysis of fiberoptic cable, connector, and transmitter/receiver markets.