Press release
Optical Interconnect Market 2021 Precise Outlook -3M Company, Sumitomo Electric Industries Ltd, Molex Electronic Solutions
The Optical Interconnect Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The optical interconnect market is anticipated to register a CAGR of about 15% during the forecast period (2020 - 2025).
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Top Leading Companies of Optical Interconnect Market are 3M Company, Sumitomo Electric Industries Ltd, Molex Electronic Solutions, Amphenol Corporation, TE Connectivity, Go!Foton Inc., Finisar Corporation, Corning Incorporated, Cisco Systems Inc. and others.
Industry News and Updates
March 2020 - Keysight Technologies Inc. announced a new simulation workflow capability that seamlessly connects PathWave Advanced Design System (ADS) with VPI Design Suite from VPIphotonics, enabling designers to predict the signal integrity of Electrical-Optical-Electrical data links. With this new seamless design flow linking simulations of the electronic circuits at the transceivers with simulations of the optical fiber link, the company focuses to jointly deliver a unique solution that offers the investigation and optimization of overall system performance.
- July 2019 - Cisco agreed to pay USD 2.6 billion to acquire Acacia Communications to allow growth in Cisco's switching, routing, and optical networking portfolio. Upon completion of this acquisition, Acacia employees will join Cisco's Optical Systems and Optics business in the networking and security business, which comes under Cisco's leadership.
Key Market Trends
North America To Witness High Market Growth
- The rapid penetration of the internet is expected to raise the growth of the market in this region. Moreover, according to Cisco Systems, the cloud traffic in 2021 is estimated to be around 6844 exabytes per year in North America, which is highest in comparison to other regions.
- Also, North America has various players that provide optical interconnect products and solutions, along with players who are also keen to innovate new solutions for the improvement in interconnect bandwidth density at around 10x lower power.
- For instance, in March 2020, Ayar Labs announced that it had received a strategic investment from Lockheed Martin Ventures, where the funds will be used to accelerate the commercialization of Ayar Labs patented monolithic in-package optical I/O (MIPO) solution for applications that require high bandwidth, low latency, and power-efficient short-reach interconnects.
Regional Outlook of Optical Interconnect Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Optical Interconnect Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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