Global Active Optical Cable Market Report 2018-2023: CAGR Expected to Grow at 22% - ResearchAndMarkets.com
Jun. 08, 2018
DUBLIN--(BUSINESS WIRE)--Jun 8, 2018--The "Global Active Optical Cable Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The future of the active optical cable market looks attractive with opportunities in the data center, high performance computing, consumer electronics, telecommunication, and other applications.
The global active optical cable market is expected to reach an estimated $2.9 billion by 2023 with a CAGR of 22% from 2018 to 2023.
The major growth drivers for this market are increasing internet traffic throughout the world, growth in high performance computing, and increasing penetration of active optical cables in consumer electronic devices.
Emerging trends, which have a direct impact on the dynamics of the active optical cables industry, include increasing trend towards development of active optical cables with ultra-small form factors and increased transmission density, increasing demand for optical modules with reduced dimensions and increased port density, and deployment of active optical cables in consumer electronic devices such as mobile phones, notebooks and others.
It is forecast that Ethernet active optical cable will remain the largest protocol type and it is also expected to witness the highest growth due to the increasing usage of active optical cables for high performance computing and growth in inter and intra rack connectivity within a data center.
Within the active optical cable market, the data center will remain the largest application and it is also expected to witness highest growth due to increasing demand for high speed connectivity between switch racks and server racks. The increasing migration of networks from 3-tier to 2-tier in data center architecture, will lead to growing deployment of active optical cable to support high data traffic rate and fast signal transmission.
North America is expected to remain the largest market due to the presence of mega data centers of technology giants such as, Google, Facebook, IBM, and Microsoft.
Key Topics Covered
1. Executive Summary
2. Market Background and Classifications
3. Market Trends and Forecast Analysis from 2012 to 2023
4. Market Trends and Forecast Analysis by Region
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players3M Company (3M Interconnect Solutions) Amphenol Corporation (Amphenol ICC) Chromis Fiberoptics Cosemi Technologies Inc. Finisar Corporation Foxconn Interconnect Technology Limited (Broadcom limited) Hitachi Ltd. (Hitachi Cables America) Koch Industries (Molex Incorporated) Mellanox Technologies Samtec Inc. Shenzhen Gigalight Technology Co. Ltd. Sumitomo Electric Industries The Siemon Company (Siemon Interconnect Solutions)
For more information about this report visit https://www.researchandmarkets.com/research/p4frgm/global_active?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180608005484/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Wire and Cables
INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 06/08/2018 11:35 AM/DISC: 06/08/2018 11:35 AM