Global
Optical Interconnect Market
is valued at approximately USD 6.3 billion in 2019 and is anticipated to grow
with a healthy growth rate of more than 13.7% over the forecast period
2020-2027. Optical interconnect is defined as a system of transmitting signals
from one part of an integrated circuit to another part through the use of
light. In an integrated circuit, optical interconnect technology acts as an
interface among fiber and optical equipment. This technology is increasingly
used as it helps in transmitting signals from signal processing and network
equipment for the exchange of digital signals to optical signals for
transferring in the fiber network. Nowadays, advanced signal processing is
integrated via optical interconnect technologies for managing and monitoring
errors for reduced distortion in fiber optic cables. This technology often
helps in improving the capacity of optical equipment while reducing the
operational costs. Therefore, these factors driving the demand for optical
interconnect technology all over the world. Furthermore, the rising deployment
of data centers around the world, increasing demand for IoT connected devices,
and growing adoption of cloud computing & big data analytics are the few
factors responsible for the high CAGR of the market during the forecast period.
For instance, as per the Safe at Last Inc., a non-profit organization, the
total installed base of Internet of Things (IoT) devices is predicted to grow
to almost 75 billion worldwide by 2025, representing a fivefold increase from
2015 (15.41 billion). This, in turn, is likely to drive the growth of the
market across the globe. The recent outbreak of COVID-19 around the world has
adversely affected the optical interconnect industry as the manufacturing
operations are temporarily suspended to prevent the spread of this disease,
thus, led to a substantial reduction in production. Besides the declining
production, the ongoing pandemic has also reduced the demand for devices
integrated with the optical interconnect technology, which is likely to affect
the market growth in recent years. However, the high deployment cost of optical
interconnect devices is one of the major restraining factors to the growth of
the market over the forecast period of 2020-2027.
The
regional analysis of the global Optical Interconnect market is considered for
the key regions such as Asia Pacific, North America, Europe, Latin America, and
Rest of the World. North America is the leading/significant region across the
world in terms of market share owing to the presence of a large number of
hyperscale datacenter, along with the rising investment on IoT technology in
the region. Whereas, Asia-Pacific is anticipated to exhibit the highest growth
rate / CAGR over the forecast period 2020-2027, due to escalating demand for
data centers in the countries, such as China, India, and Japan.
Major market player included in this
report are:
Finisar
Corporation
Mellanox
Technologies Ltd.
Molex
Inc.
Oclaro
Inc.
Sumitomo
Electric Industries, Ltd.
Broadcom
Inc.
TE
Connectivity
Amphenol
Corporation
Juniper
Networks, Inc.
Fujitsu
Ltd.
The
objective of the study is to define market sizes of different segments &
countries in recent years and to forecast the values to the coming eight years.
The report is designed to incorporate both qualitative and quantitative aspects
of the industry within each of the regions and countries involved in the study.
Furthermore, the report also caters the detailed information about the crucial
aspects such as driving factors & challenges which will define the future
growth of the market. Additionally, the report shall also incorporate available
opportunities in micro markets for stakeholders to invest along with the
detailed analysis of competitive landscape and product offerings of key
players. The detailed segments and sub-segment of the market are explained
below:
By Product Type:
Cable
Assemblies
Optical
Transceivers
Free
Space Optics, Fiber and Waveguides
Silicon
Photonics
PIC-Based
Interconnects
Optical
Engines
By Interconnect Level:
Chip-
& Board-Level Interconnect
Board-To-Board
and Rack-Level Optical Interconnect
Metro
& Long Haul Optical Interconnect
By
Fiber Mode:
Multi-Mode
Fiber
Single-Mode
Fiber
By
Application:
Data
Communication
Telecommunication
By End-User:
Military
and Aerospace
Consumer
Electronics
Automotive
Chemicals
Others
By
Region:
North
America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia
Pacific
China
India
Japan
Australia
South
Korea
RoAPAC
Latin
America
Brazil
Mexico
Rest
of the World
Furthermore,
years considered for the study are as follows:
Historical
year-2017, 2018
Base
year-2019
Forecast
period-2020 to 2027
Target
Audience of the Global Optical Interconnect Market in Market Study:
Key
Consulting Companies & Advisors
Large,
medium-sized, and small enterprises
Venture
capitalists
Value-Added
Resellers (VARs)
Third-party
knowledge providers
Investment
bankers
Investors
For More Information, Click on the Link Below:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing &
Communications
+91-9015378249
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