North America Pluggable Optics for Data Center Market share and growth factors impact analysis 2022 - 2030

The North America pluggable optics for data center market size was valued at US$ 2.09 billion in 2023 and is expected to reach US$ 4.99 billion by 2031. The market is estimated to record a CAGR of 11.5% from 2023 to 2031.

Rising adoption of the Internet of Things (IoT), increasing need for storage for massive amounts of data, and growing digitalization are increasing the demand for data centers. It is an excellent data storage solution that provides companies with fast and secure access to vast data.

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The benefits offered by data centers, such as centralized data management, scalability, and security, encourage businesses to adopt these solutions to achieve a data-driven business landscape. Thus, several companies are investing in the development of data centers in North America. According to Linklaters, North America has maintained its lead in data center transaction values, accounting for an impressive 62% of the global total in 2023 and 69% of investments through April 2024, totaling US$ 15 billion, with the US accounting for the largest share of the total. A few instances are mentioned below. In February 2024, NTT DATA-a global digital business and IT services leader-announced that TC Global Investments Americas LLC (a group company of Tokyo Century Corporation) invested in NTT Global Data Centers' American data center business in Chicago, Illinois, a group company of NTT DATA, to cater to continuous demand for cloud services and the broader use of generative AI and other technologies.

MARKET INTRODUCTION

In terms of CAGR, Mexico held a significant CAGR over the forecast period. The pluggable optics for data center market in Mexico has been experiencing significant growth and transformation, driven by a combination of economic, technological, and infrastructural factors. In recent years, Mexico has emerged as a significant hub for data center operations in Latin America, owing to its strategic position, vast population, and increasingly digital economy. Mexico's closeness to the US, along with the rising demand for cloud services and data storage from both domestic and foreign businesses, has made the country an appealing location for data center investments.

One of the key drivers for the data center industry in Mexico is the rapid increase in internet penetration and the expansion of digital services. With over 80 million internet users, the need for dependable and efficient data storage and processing capacities has increased. This need is fueled by the widespread adoption of cloud computing, big data analytics, artificial intelligence, and the Internet of Things (IoT). Companies in a variety of industries, including banking, healthcare, retail, and manufacturing, are increasingly depending on digital solutions to improve their operations, necessitating the growth of data center infrastructure.
List of Companies Profiled in the North America Pluggable Optics for Data Center Market Report are:
• Coherent Corp
• Nokia Corp
• Cisco Systems Inc
• Infinera Corp
• Telefonaktiebolaget LM Ericsson
• Ciena Corp
• Intel Corp

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Key Segmentation:

The overall North America pluggable optics for data center market analysis has been derived using both primary and secondary sources. To begin the North America pluggable optics for data center market research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the North America pluggable optics for data center market. The process also serves the purpose of obtaining an overview and market forecast for the North America pluggable optics for data center market growth with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights about the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the North America pluggable optics for data center market forecast.

Table of Contents

Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.

Executive Summary: It covers industry trends with high focus on market use cases and top market trends, market size by regions, and market size. It also covers market share and growth rate by regions.

Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.

Breakdown by Product and Application: This section provides details about market size by product and application.

Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.

Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.

Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.

Key Findings of the Research Study

Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.

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