Global Active Optical Cable Market Research Report Reveals Rapid Growth in Data Center and High-Performance Computing Applications

[San Francisco, USA] - A new report on Trouve360Reports says that the global market for active optical cables is expected to grow quickly in the next few years. The report, titled "Global Active Optical Cable Market Research Report 2022 (Status and Outlook)," gives a complete look at the market, including trends, drivers, challenges, and opportunities.

Active optical cables (AOCs) are special cables that send data over long distances by using optical fiber. They are used in many places, like data centers, high-performance computing (HPC), telecommunications, consumer electronics, and more. AOCs are superior to traditional copper cables in many ways, including having a higher bandwidth, being able to send data over greater distances, and not being susceptible to electromagnetic interference.

According to the report, the global active optical cable market was worth USD 2280.50 million in 2021 and is expected to reach USD 10221.86 million by 2028, growing at a CAGR of 23.90% during the forecast period. The need for high-speed data transmission, the rising popularity of cloud computing, and the growing need to store data are what are driving the growth.

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During the forecast period, the market is expected to be led by the data center segment. This is because cloud computing and big data analytics are becoming more popular. AOCs are used a lot to connect servers, storage devices, and networking equipment in data centers. The high-performance computing (HPC) segment is also expected to grow a lot. This is because industries like finance, healthcare, and scientific research are using high-performance computing more and more.

The report also looks at the active optical cable market in North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa by region.

During the period of the forecast, North America is expected to have the largest market share. This is because there are a lot of large AOC manufacturers there, and more and more data centers and HPC applications are using AOCs. The United States is expected to have the biggest market in the region, because cloud computing and big data analytics are becoming more popular there.

Asia-Pacific is also expected to grow a lot. This is because countries like China and Japan want more and more high-speed data transmission. During the forecast period, this region is expected to have the fastest-growing market. This is because more people are using cloud computing, more money is being put into data centers, and more people want high-performance computing.

Europe is expected to be the second largest market for active optical cables in the world. This is because industries like automotive, healthcare, and aerospace need more high-speed data transmission.

The global market for active optical cables is also expected to grow a lot in Latin America, the Middle East, and Africa. This is because more and more industries are using AOCs.

Some of the major players in the global market for active optical cables include II-VI (Finisar), Siemon, Broadcom, Mellanox Technologies, Amphenol ICC, Molex, Optomind, Fiberon Technologies, Leoni, Hitachi Cable, Fujikura, Sumitomo Electric, Shenzhen Gigalight, Sopto, EverPro Technologies, and others. To strengthen their position in the market, these companies are using different methods, such as mergers and acquisitions, partnerships, and the release of new products.

For more information on the report, visit: https://www.trouve360reports.com/global-active-optical-cable-market-research-report-2022/

Overall, the global active optical cable market is expected to grow a lot in the next few years. This is because more and more industries need high-speed data transmission. Companies that work in the market and investors who want to invest in the market can learn a lot from the report.

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