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Optical Interconnect Market Analysis and Global Outlook During 2021 to 2026

12-28-2021 11:18 AM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The Optical Interconnect Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Optical Interconnect market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Optical Interconnect market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Optical Interconnect market.

The optical interconnect market is anticipated to register a CAGR of about 15% during the forecast period (2021 - 2026). 

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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., Huawei Technologies Co. Ltd 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:

Data Center to Account for High Market Share

- Current data center networks, which are based on electronic packet switches, experiences an exponential increase in network traffic due to cloud computing development. Optical interconnects emerged as a promising alternative that offers high throughput, low latency, and reduced power consumption.
- According to the IEEE Communications, all-optical networks could provide up to 75% energy savings in the data centers. Especially in large data centers used in enterprises, the use of power efficient, high bandwidth, and low latency interconnects is of paramount importance, and there is significant interest in the deployment of optical interconnects in these data centers.

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.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Optical Interconnect Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Optical Interconnect Market (%),2016 - 2026
- Optical Interconnect Market Share, By Brand
- Optical Interconnect Market Share, By Company
- Optical Interconnect Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Optical Interconnect Market Value Analysis & Forecast
- Promising Optical Interconnect Development by Major Companies
- Detailed Optical Interconnect Portfolio of the Major Companies
- Major Deals in the Optical Interconnect Market
- Major Companies Analysis

Browse Full Report at:

https://www.marketinsightsreports.com/reports/02082593184/optical-interconnect-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita

We Offer Customization on Report Based on Specific Client Requirement:

- Country Level analysis for any 5 countries of your choice.

- Competitive analysis of any 5 key market players.

- 40 analyst hours to cover any other data point.

Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

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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