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UK Optical Interconnect Market Share: Trends, Key Players, Industry Analysis Report to 2027

06-12-2021 08:24 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The UK optical interconnect market is projected to grow at a significant CAGR of around 10.5% during the forecast period (2021-2027). The rising number of cyber breaches in the country is one of the major factors that further fuelling the demand of the optical interconnect solutions in the country. As per the Cyber Security Breach Survey 2018, about 43% of all the firms have experienced a cyber breach in 2018. Medium and large businesses were likely to have experienced breaches. Hence, in order to safeguard their data, companies use optical interconnect infrastructure to secure in-flight transmission of data, so that loss can be minimized in case of cyber-attack.

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In UK, the National Cyber Security Strategy 2016 was published which aims for key objectives which include defending, detect and develop. According to strategy, defend aims to have the means to protect the UK against evolving cyber threats as well as to respond effectively to incidents. Moreover, it ensures the country’s data; networks and systems are protected and resilient. While detect involves understanding, investigating, and disrupting hostile action taken against the country. Enforcement of these regulations in the country is very essential as several cases in the past few years have shown the consequences of improper security measures. Therefore, optical interconnect solutions are anticipated to have significantly used in organizations that are compliant with data protection laws.

A Full Report of UK Optical Interconnect Market is Available at: https://www.omrglobal.com/industry-reports/uk-optical-interconnect-market

Key questions addressed by the report

What is the market growth rate during the forecast period?
Which segment/region dominates the market in the base year?
Which segment/region will project the fastest growth in the market during the forecast period?
How will COVID-19 impact the market growth in 2020 and the coming years?

o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected region/segment

o Recommendations

Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?

UK Optical Interconnect Market – Segmentation

By Product Type

Connectors
Cable Assemblies
Optical Transceivers
Silicon Photonics
Other( Optical Engines)

By Application

Data Communication
Telecommunication

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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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