Press release
Rapid Increase In Use Adoption To Boost Optical Interconnect Market Revenue Growth : Fact.MR
The global optical interconnect market is expected to reach US$ 37.6 Billion by the end of the 2022-2032 forecast period, growing at a CAGR of 12.5%, concludes a recently published report by Fact.MR. As of 2022, the market is poised to reach US$ 11.6 Billion, yielding a dollar opportunity worth US$ 26.0 Billion throughout the forthcoming decade. Advancements in information technology have pushed sales to new heights.Demand expanded significantly from 2015 to 2021, registering a growth rate of 13.8% to be valued at US$ 10.2 Billion. Due to the rapid growth of the information technology (IT) sector along with the introduction of big data analytics and Internet of Things (IoT), the demand for high data transmission and bandwidth communication increases demand for optical interconnect significantly.
The growth of the market is anticipated to the increasing deployment of data centre across the globe. Most companies and government rely on data centres to deliver a business value greater than their cost. Increasing technological advances in machine learning also growing adoption of cloud services, artificial intelligence and deep learning will positively affect the growth of the optical interconnect market. Increasing data traffic also show rise in demand of optic interconnect market. Cloud computing and data analytics have increased investments on large data centers which would possibly contribute to the increment in adoption of the optical interconnection. These trends are likely to provide traction to the optical interconnect market.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ - https://www.factmr.com/connectus/sample?flag=S&rep_id=7309
๐๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ ๐๐ผ๐๐ฒ๐ฟ๐ฒ๐ฑ ๐ถ๐ป ๐๐ต๐ฒ ๐ข๐ฝ๐๐ถ๐ฐ๐ฎ๐น ๐๐ป๐๐ฒ๐ฟ๐ฐ๐ผ๐ป๐ป๐ฒ๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐๐๐ฑ๐
๐ข๐ฝ๐๐ถ๐ฐ๐ฎ๐น ๐๐ป๐๐ฒ๐ฟ๐ฐ๐ผ๐ป๐ป๐ฒ๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐ ๐ง๐๐ฝ๐ฒ :
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
๐ข๐ฝ๐๐ถ๐ฐ๐ฎ๐น ๐๐ป๐๐ฒ๐ฟ๐ฐ๐ผ๐ป๐ป๐ฒ๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐๐ป๐๐ฒ๐ฟ๐ฐ๐ผ๐ป๐ป๐ฒ๐ฐ๐ ๐๐ฒ๐๐ฒ๐น :
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
๐ข๐ฝ๐๐ถ๐ฐ๐ฎ๐น ๐๐ป๐๐ฒ๐ฟ๐ฐ๐ผ๐ป๐ป๐ฒ๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐๐ฎ๐๐ฎ ๐ฅ๐ฎ๐๐ฒ :
Less than 10 Gbps
10 Gbps to 40 Gbps
41 Gbps to 100 Gbps
More than 100 Gbps
๐ข๐ฝ๐๐ถ๐ฐ๐ฎ๐น ๐๐ป๐๐ฒ๐ฟ๐ฐ๐ผ๐ป๐ป๐ฒ๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐๐ฝ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป :
Data Communication
Telecommunication
Others
๐ข๐ฝ๐๐ถ๐ฐ๐ฎ๐น ๐๐ป๐๐ฒ๐ฟ๐ฐ๐ผ๐ป๐ป๐ฒ๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐๐ถ๐๐๐ฎ๐ป๐ฐ๐ฒ :
Less than 1 Km
1 Km to 10 Km
11 Km to 100 Km
More than 100 Km
๐ข๐ฝ๐๐ถ๐ฐ๐ฎ๐น ๐๐ป๐๐ฒ๐ฟ๐ฐ๐ผ๐ป๐ป๐ฒ๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป :
North America
Europe
Asia pacific
Middle East and Africa
Latin America
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐ - https://www.factmr.com/connectus/sample?flag=RC&rep_id=7309
๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐ ๐ณ๐ฟ๐ผ๐บ ๐๐ต๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐๐๐ฑ๐
โข Global optical interconnect market to flourish 3.2x from 2022 to 2032
โข U.S to emerge as the dominant optical interconnect market, reaching US$ 12.7 Billion by 2032
โข China to be the fastest growing market, registering a CAGR of 11.7% across the decade
โข South Korea, U.K & Japan are likely to yield $ opportunities worth US$ 1.3 Billion, US$ 1.7 Billion and US$ 2.1 Billion respectively
โข By fiber mode, multimode fiber to register maximum optical interconnect usage, growing at a 12.1% CAGR
โข Data communication to emerge as the top application category, growing at a rate of 12.2 % through 2032
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ
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.
โข 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.
โข In December 2020, Corning Inc. expand its Cabarrus County fiber optic cable plant in Concord, by spending USD 450, this will generate new jobs and make it the largest facility of its type in the world.
โข In November 2020, Ayar Labs makes chip solutions based on optical networking principal's architecture raised USD 35 million. This funding will be used to continue developing its product and working on further commercialization says CEO of company. Mainly the company works for next generation computing technology.
๐๐ผ๐ฟ ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐, ๐๐๐ ๐ก๐ผ๐ - https://www.factmr.com/checkout/7309
๐ ๐ผ๐ฟ๐ฒ ๐ฉ๐ฎ๐น๐๐ฎ๐ฏ๐น๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐
Fact.MR, in its new offering, presents an unbiased analysis of the global optical interconnect market, presenting historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.
The study reveals essential insights on the basis of Product Category (Cable Assemblies, Connectors, Optical Transceivers, Free Space Optics, Fiber, and Waveguides, Silicon Photonics, PIC-based Interconnects, Optical Engines), by Interconnect Level (Metro and Long-haul Optical Interconnect, Board-to-Board and Rack-level Optical Interconnect, Chip- and Board-level Optical Interconnect)by Fiber Mode(Single mode fiber, Multimode fiber)by Date rate(Less than 10 Gbps, 10 Gbps to 40 Gbps, 41 Gbps to 100 Gbps, More than 100 Gbps) by Distance(Less than 1 km, 1 km to 10 km, 11 km to 100 km, More than 100 km) across five major regions (North America, , Europe , Asia Pacific, Middle East & Africa and Latin America).
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