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Active Optical Network Market to grow at an Impressive Rate during the Forecast Period

02-11-2021 02:21 PM CET | IT, New Media & Software

Press release from: TechSci Research

Active Optical Network Market to grow at an Impressive Rate

Growing demand of optical network by telecom industry and ensuring higher connectivity is expected to drive the global active optical network market through 2026

According to TechSci Research report, “Global Active Optical Network Market By Protocol (InfiniBand, Ethernet, HDMI, DisplayPort, USB, Serial-Attached SCSI (SAS), PCI Express (PCIE), Others), By Connector (QSFP, SFP, CFP, CXP, CDFP, Others), By End-User Application (Data Center, High-Performance Computing (HPC), Consumer Electronics (CE), Personal Computing (PC), Digital Signage, Others), By Region, Competition, Forecast & Opportunities, 2026”, the global active optical network is expected to grow at a promising rate during the forecast period. Active optical network market is majorly driven by the increasing demand of the high-speed bandwidth requirements and faster data transmission. Also, active optical network provides better alternative over conventional copper cables owing to its light-weight nature, easier installations, longer life span and low power consumption.

Additionally, high-end investments and initiatives taken by government of several developing economies for digitization process to ensure connectivity for smooth operations is accelerating the growth of the global active optical network market. However, huge implementation costs for active optical networks is a major challenge proving to be hurdle in the growth of the global active optical network.

Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on " Global Active Optical Network”.

https://www.techsciresearch.com/report/active-optical-network-market/7247.html

Global active optical network market is segmented based on protocol, connector, end user application, and region. Based on the protocol, market is further bifurcate into InfiniBand, ethernet, HDMI, DisplayPort, USB, serial-attached SCSI (SAS), PCI express (PCIE) and others. InfiniBand followed closely by HDMI is expected to lead the market during the next five years, due to high efficiency, high performance computing, quality service and high demand in commercial segments like servers and supercomputers.

Based on regional analysis, North America is expected to hold the dominant position in the active optical network owing to the presence of major technology giants for instance Google, Facebook, and others in addition to huge investments in the field of telecommunication sector. Also, Asia-pacific is expected to witness significant growth owing to higher penetration of internet and high subscriber base and this region is in developing stage thereby providing huge potential for the growth of the active optical network market through forecast period.

TE Connectivity Ltd, Finisar Corporation, Avago Technologies Ltd., FCI Electronics Inc., Molex LLC, 3M Company, Amphenol Corporation, Emcore Corporation, Sumitomo Electric Industries, Ltd., The Siemon Company Ltd and others are some of the leading players operating in global active optical network. Companies operating in the market are using strategies such as joint ventures, product launches, mergers, and research collaborations to boost their share and increase their geographic reach.

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“Global Active Optical Network is expected to witness impressive growth during the forecast period, owing to emerging trend of data transmissions over call, meeting and conferences. Moreover, high-speed internet penetration to ensure smooth connectivity is fuelling the market for active optical network throughout the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm.

“Global Active Optical Network Market By Protocol (InfiniBand, Ethernet, HDMI, DisplayPort, USB, Serial-Attached SCSI (SAS), PCI Express (PCIE), Others), By Connector (QSFP, SFP, CFP, CXP, CDFP, Others), By End-User Application (Data Center, High-Performance Computing (HPC), Consumer Electronics (CE), Personal Computing (PC), Digital Signage, Others), By Region, Competition, Forecast & Opportunities, 2026”, has evaluated the future growth potential of global active optical network and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global active optical network.

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About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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