Press release
Demand For Optical Interconnect Market Is Expected To Rise At A 12.5% Value CAGR By 2032
Optical Interconnect Market Analysis Provides Latest Trends and Drivers for 2022-2032Global Optical Interconnect market study sheds light on the important growth dynamics expected to prevail across the assessment period. (Insert forecast period). The study offers statistics of key segments across prominent geographies, along with a detailed mapping of the global competitive landscape.
The market report tracks the global sales of Optical Interconnect in 20+ high growth markets, along with analysing the impact of COVID-19 has had on information & communication technology (ICT) industry and Optical Interconnect sector in particular.
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How will Sales of Optical Interconnect will foster in 2022 and beyond?
In its latest report, Fact.MR offers an exhaustive overview of the global Optical Interconnect market with focus on key dynamics, including drivers, restraints, opportunities, trends and detailed information about the global Optical Interconnect market structure.
Optical Interconnect market sales across the world will rise with the increasing adoption of wireless technology and penetration of digital media. With the outbreak of COVID-19, companies have become heavily reliant on digital platforms for the survival.
In the post-digital world, digital realities and advanced technologies such as artificial intelligence and internet of thinking & related products/services will be in trend. Technological adoption rate is increasing exponentially, which will bolster the industry growth.
ICT companies. are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.
China's ICT industry will register high growth opportunities, especially as tech companies focus on digital transformation in the field of robotic process automation, data theft security, cloud & edge computing and cybersecurity.
Market players across China are shifting their focus on customer needs by taking a more nuanced approach through new service offering and by adopting various strategies such as product development and innovation.
The ICT sector across the U.K., France, and Germany will register robust growth during the forecast period owing to the increasing research & development activities for the development of novel technologies. Rising adoption of artificial intelligence and big data science among the ICT service providers will boost the growth.
Advent of 5G wireless technology across India will aid the growth of ICT sector combined with the adoption of edge computing within various end-use sectors such as healthcare, automotive and food & beverage industry. Emergence of e-commerce platforms within the manufacturing companies of diverse end-use sectors will improve the demand over the coming years.
Rise in adoption of autonomous vehicles across South Korea and Japan is improving the adoption of computing technologies for higher connectivity in the automobiles. This trend will strengthen the growth of ICT industry.
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Key Optical Interconnect Market Segments
Optical Interconnect Market by Product Type :
Optical Interconnect Cable Assemblies
Indoor Cable Assemblies
Outdoor Cable Assemblies
Active Optical Cables
Multi-Source Agreements
Optical Interconnect Connectors
LC Connectors
SC Connectors
ST Connectors
MPO/MTO Connectors
Optical Transceivers
Free Space Optics, Fiber and Waveguides
Silicon Photonics
PIC-based Interconnects
Optical Engines
Optical Interconnect Market by Interconnect Level :
Metro and Long-haul Optical Interconnect
Board-to-Board and Rack-level Optical Interconnect
Chip- and Board-level Optical Interconnect
Optical Interconnect Market by Fiber Mode :
Single Mode Fiber
Multimode Fiber
Optical Interconnect Market by Data Rate :
Less than 10 Gbps
10 Gbps to 40 Gbps
41 Gbps to 100 Gbps
More than 100 Gbps
Optical Interconnect Market by Application :
Data Communication
Telecommunication
Others
Optical Interconnect Market by Distance :
Less than 1 Km
1 Km to 10 Km
11 Km to 100 Km
More than 100 Km
Optical Interconnect Market by Region :
North America
Europe
Asia pacific
Middle East and Africa
Latin America
Competitive Landscape
Prominent manufacturers of optical Interconnect market are eyeing technological innovations in order to provide the most accurate and precise system arrangements to their customers. As the threat of technology looms large over the world, companies are forging collaborative agreements with government entities to enhance their presence across major geographies. In addition, the vendors are likely to leverage upgradation and product differentiation to gain an edge over other competitors in the market.
In April 2020, NVIDIA Corporation acquired a US-based provider of optical interconnects Mellanox Technologies, Ltd. Through this acquisition, NVIDIA Corporation combines it datacenter with high-performance networking technologies of Mellanox.
In December 2020, Corning Inc. expand its Cabarrus County fiber optic cable plant in Concord, by spending US 450 Million, this will generate new jobs and make it the largest facility of its type in the world.
In November 2020, Ayar Labs initiated funding for manufacturing chip solutions based on optical networking principal's architecture. The amount raised was US$ 35 Million. This funding will be used to continue developing its product and working on further commercialization
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Key Regions Analysed
North America
Latin America
Europe
Asia-Pacific
Middle East & Africa
Key Country-wise Inclusions
US Optical Interconnect Market
Canada Optical Interconnect Sales
Germany Optical Interconnect Production
UK Optical Interconnect Industry
France Optical Interconnect Market
Spain Optical Interconnect Supply-Demand
Italy Optical Interconnect Outlook
Russia & CIS Market Analysis
China Optical Interconnect Market Intelligence
India Optical Interconnect Demand Assessment
Japan Optical Interconnect Supply Assessment
ASEAN Optical Interconnect Market Scenario
Brazil Optical Interconnect Sales Analysis
Mexico Optical Interconnect Sales Intelligence
GCC Optical Interconnect Market Assessment
South Africa Optical Interconnect Market Outlook
For More Insights-https://www.globenewswire.com/news-release/2022/03/09/2400432/0/en/Low-Code-Development-Industry-is-Projected-to-Achieve-a-Global-Market-Size-of-US-187-Bn-by-2032-Currently-US-Accounts-For-the-Largest-Market-Share-in-the-World.html
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