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Direct Attach Cable Market Accelerates 36.8% CAGR Forecast (2023-2032)

04-08-2024 09:01 AM CET | IT, New Media & Software

Press release from: Acumen Research and Consulting

Direct Attach Cable Market Accelerates 36.8% CAGR Forecast

Key Points and Statistics on the Direct Attach Cable Market:
● The global direct attach cable market size is expected to expand to USD 153.8 billion by 2032, growing at a CAGR of 36.8% from 2023 to 2032.
● In 2022, North America's market value was around USD 2.4 billion.
● The Asia-Pacific market is forecasted to grow at a CAGR of over 39% from 2023 to 2032.
● Active optical cables generated over USD 3.8 billion in revenue in 2022.
● The telecommunications sector accounted for about 38% of the market share in 2022.

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Direct Attach Cable Market Overview and Analysis:
DACs are integral in data centers and IT environments for fast and reliable connections. The market is driven by the growing demand for high-speed data transmission, adoption of cloud computing, and expansion of 5G networks and IoT applications. However, challenges like limited transmission distance and compatibility issues with different equipment manufacturers exist.

Latest Direct Attach Cable Market Trends and Innovations
The direct attach cable (DAC) market is witnessing advancements in data center technology and infrastructure. Innovations are focused on enhancing data transmission products, with active optical cables playing a significant role in data centers and High-Performance Computing (HPC).
Active optical cables (AOCs) are a type of DAC that use an optical transceiver to convert electrical signals to optical signals and vice versa. This allows for longer transmission distances than traditional copper DACs, making them ideal for use in data centers and other high-bandwidth applications.
In addition to AOCs, the DAC market is also seeing the development of new types of copper DACs that are designed to improve performance and reliability. These new copper DACs use advanced materials and construction techniques to reduce signal loss and improve resistance to electromagnetic interference (EMI).

Major Growth Drivers of the Direct Attach Cable Market
The DAC market is being driven by the increasing global internet penetration and the rising demand for faster and more reliable connectivity. The expansion of telemedicine and remote work is also contributing to the market growth.
As the number of people who rely on the internet for work, school, and entertainment continues to grow, the need for high-speed, reliable connectivity will become increasingly important. DACs are well-suited to meet this need, as they provide a cost-effective way to connect devices over short distances.

Key Challenges Facing the Direct Attach Cable Industry
Despite the growth opportunities, the DAC industry faces a number of challenges. One challenge is the limited transmission distance of copper DACs. Copper DACs are typically limited to a transmission distance of 100 meters, which can be a limitation for some applications.
Another challenge facing the DAC industry is compatibility issues. DACs from different manufacturers may not be compatible with each other, which can make it difficult to create a unified network infrastructure.
Finally, DACs are vulnerable to physical damage and bending. This can cause the cable to break, which can disrupt network connectivity.

Market Segmentation Insights:

● By Product Types:
○ Direct Attach Copper Cables (Passive and Active)
○ Active Optical Cables

● Form Factors:
○ QSFP
○ SFP
○ CXP
○ Cx4
○ CFP
○ CDFP

● By Signal Rate Per Channel:
○ 10 Gbps
○ 25 Gbps
○ 56G PAM4
○ 112G PAM4
○ 224 Gbps

● By End-Users:
○ Networking
○ Telecommunications
○ Data Storage
○ High-Performance Computing (HPC) Centers
○ Others

Overview by Region of the Direct Attach Cable Market:
North America leads the market, while Asia-Pacific is the fastest-growing region. The market in North America is driven by the presence of tech giants and significant investments in 5G technology.

Direct Attach Cable Market Table of Content:

CHAPTER 1. Industry Overview of Direct Attach Cable Market
CHAPTER 2. Research Approach
CHAPTER 3. Market Dynamics And Competition Analysis
CHAPTER 4. Manufacturing Plant Analysis
CHAPTER 5. Direct Attach Cable Market By Product Type
CHAPTER 6. Direct Attach Cable Market By Form Factor
CHAPTER 7. Direct Attach Cable Market By Signal Rate Per Channel
CHAPTER 8. Direct Attach Cable Market By End-User
CHAPTER 9. North America Direct Attach Cable Market By Country
CHAPTER 10. Europe Direct Attach Cable Market By Country
CHAPTER 11. Asia Pacific Direct Attach Cable Market By Country
CHAPTER 12. Latin America Direct Attach Cable Market By Country
CHAPTER 13. Middle East & Africa Direct Attach Cable Market By Country
CHAPTER 14. Player Analysis Of Direct Attach Cable Market
CHAPTER 15. Company Profile

List of Key Players in the Global Market:
Key players include TE Connectivity Ltd, Arista Networks, Inc., Sumitomo Electric Industries, Ltd, Cisco Systems, Inc., and others.

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Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.

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