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Fiber Media Converters Market Product Type (Single-mode Fiber Media Converters and Multi-mode Fiber Media Converters) Residential Need Market Size Calculation | know more about COVID-19 impact Global Opportunity Analysis and Industry Forecast, 2021 – 20

05-18-2021 09:54 AM CET | IT, New Media & Software

Press release from: Allied Market Research

Fiber Media Converters Market Product Type (Single-mode Fiber

Fiber media converter is a simple networking device that translates and connects signals between a fiber optic cable and a twisted pair or coaxial cable. Fiber media converter device is useful fororganizationsto allow cable systems and fiber-optic networks to connect with pre-existing copper-based cable systems.It is designed to maintain most important data communication protocols such as Gigabit Ethernet, E3/DS3 ,T1/J1/E1, and Ethernet &fast Ethernet.Fiber media converters are useful for spreading and connecting local area networks over a large area network. There are several advantages of fiber media converters such as reduced electromagnetic interference, lightning-fast internet, secure network, and increase in bandwidth of optical fiber.

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The growing requirement of fiber media converters for effective transmission of data over long distances in different areas is driving the growth of market. In addition, switching from local area network to fiber optic network is increasing the demand of fiber media converter market.Moreover, increasing investment from organizations to upgrade existing networking infrastructure and growing demand for bandwidth in harsh environments are factors contributing to the growth of the market. However, cost associated with the maintenance of fiber optic networks restricts growth of fiber media converter market.Contrarily, rising demand and continuous development in industrial products is expected to provide lucrative opportunities for global media converters market.Fiberoptic cableshave been transporting more data over longer distances than copper cabling, and increased distances provide the ability to reach more equipment and users. In the absence of electro-magnetic emission, fiber cable has full resistance to electrical interference and provides higher protection than copper cabling.It helps businesses, utilities, government and the financial sector to securely transfer client information from one place to another. This has increased the market demand for fiber media converters in large industries.

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North America is expected to have the largest market share during the forecast period, owing to early adoption if technological advancements and presence of prominent fiber media converter providers in the region. In addition, there is a high demand and requirement for superior communication services in the region, which also contributes to the market growth. Moreover, Asia-Pacific is also expected to witness a significant growth, owing to increase in adoption of fiber optic cables in automotive industry.
Key benefits of the report:

This study presents the analytical depiction of the global fiber media convertersindustry alon with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global fiber media convertersmarket share.
The current market is quantitatively analyzed from 2021 to 2027 to highlight the global fiber media converters market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global market analysis depending on competitive intensity and how the competition will take shape in coming years.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in
Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched
quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business
insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their
respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods,
Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics,
Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data
that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every
data presented in the reports published by us is extracted through primary interviews with top officials from leading
companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and
discussion with knowledgeable professionals and analysts in the industry.

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