Market Watch: Distributed Fiber Optic Sensor Market Eyes $1.9 Billion by 2028

The global distributed fiber optic sensor market size is expected to grow from USD 1.2 billion in 2023 to USD 1.9 billion by 2028, at a CAGR of 9.4% according to a new report by MarketsandMarkets™.

There are significant opportunities in the oil & gas vertical due to the increasing adoption of distributed sensors for measurement and monitoring purposes and the detection of leakage and fault locations in pipelines.