Active Optical Cable Market Overview:
As per the Organization for Economic Cooperation and Development (OECD), the fiber optics technology used to harness fixed broadband connections reached 95.6 million unit subscriptions globally in FY2017. Leveraging connectivity trend, active optical cable market is gaining significant propulsionglobally. An active optical cable is a wiring technology with similar electrical inputs acceptance as of an orthodox copper cable, but it makes use of optical fiber between the connectors and employs electrical to optical conversion on the cable ends. Global active optical cable market size was around $815m in 2018, owing to various lucrative peculiarities such as high bandwidth transmission, small bend radius for hassle-free installation, low power consumption, light weight and minimal power leakage. Perpetual opportunity of applications from end-user verticalssuch as data center, high-performance computing, digital signage, consumer electronics and telecom cable is boosting the market value at a global CAGR of 32.91% during the forecast period 2019-2025.
Active Optical Cable Market Outlook:
The global active optical cable market is predominantly determined by a demand growth for active optical cables in data centers. Application services based on cloud, premium quality audio and video services, online gaming and streaming require high-speed data services, which are simplified by the use of active optical cables. Similarly, the cumulative global population and urbanization entails more data centers, progressing it as the fastest growing application segment. With smart cities market and data centers market witnessing an unprecedented growth, data centers as an application is growing at a CAGR of 31.28% going through 2025. The data center market correspondingly needs a comprehensive assortment of fiber optic market modules to connect switches, servers and storage, which is accomplished by active optical cable.
Based on protocols, the market is majorly segmented into InfiniBand, Ethernet, HDMI, DisplayPort, and USB. Owing to high commercial applications of InfiniBand in data centers, servers and high performance computing, it holds the maximum market share.
North America was estimated as leading region in terms of global market demand share with 40.14% share in global demand in 2018. Superlative IT infrastructure, nucleus of innovative high graphical gaming technology, production and streaming of premium content, unmatched penetration of smart homes market and consumer electronics and some of the world’s largest data centers in the U.S.
For more details, visit @ https://www.industryarc.com/PressRelease/2078/Active-Optical-Cable-Market-Research.html
Active Optical Cable Market Growth Drivers and Trends:
Active Optical Cable Market Players:
The active optical cable market is concentrated with leading players such as Finisar Corp., TE Connectivity Ltd., Avago Technologies Ltd., The Siemon Company, Shenzhen Gigalight Technology Co., Ltd., FCI Electronics, Molex Inc., 3M Company, and EMCORE Corp.
Active Optical Cable Market Research Scope:
The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the active optical cable market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the various types of innovations in active optical cable market, and their specific advantages to the market.
The active optical cable market report also analyze the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to firstname.lastname@example.org to discuss more about our consulting services.