Dublin, Jan. 29, 2024 (GLOBE NEWSWIRE) -- The "Active Optical Cable & Extender Market by Product, Protocol (InfiniBand, Ethernet, Serial-Attached SCSI (SAS), DisplayPort, HDMI, Thunderbolt, USB), Form Factor (QSFP, QSFP-DD, SFP, SFP+, PCIE, CXP), Application and Region - Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
The report delves into the projected growth and provides a detailed analysis of the dynamics influencing the industry landscape. With an expected compound annual growth rate (CAGR) of 13.1% from 2023 to 2028, the market valuation is set to expand from USD 3.3 billion to USD 6.2 billion over the forecast period.
In the realms of high-performance computing (HPC) and artificial intelligence (AI), active optical cables (AOC) and extenders are becoming vital in managing expansive data processing tasks. These technologies offer high-throughput and low-latency data transmission, critical to the powerful and real-time processes these advanced computer systems execute. The report underscores the synergy between AOCs and burgeoning HPC and AI applications that demand stable and scalable connectivity solutions.
In-Depth Market Segmentation Analysis
The research scrutinizes the market through a comprehensive segmentation based on product, protocol, form factor, application, and geographic region. It provides invaluable insights into each segment's performance and highlights how evolving technological standards like InfiniBand, Ethernet, and Thunderbolt are shaping the AOC & extender ecosystem.
- Protocol (InfiniBand, Ethernet, Serial-attached SCSI (SAS), and more)
- Form Factor (QSFP, QSFP-DD, SFP, PCIE, CXP, and others)
- Application (data centers, telecommunications, high-performance computing, and others)
With the cloud computing paradigm's unparalleled expansion across multiple industries, such as telecommunications and military operations, the report identifies the large-scale adoption of cloud services as a substantial growth catalyst for the active optical cable & extender market.
Regional Growth and Market Drivers
The Asia Pacific region is pinpointed as the fastest-growing market, given its rapid technological infrastructure expansion and the rise of data-intensive applications such as cloud computing and 5G networks. The report highlights the region's digital transformation as a significant driver behind the high CAGR, with AOCs & extenders crucial to ensuring the robustness of these increasingly pervasive technologies.
Synopsis of the market breakdown includes:
- Market Growth Drivers: High adoption rates of cloud-based services and the reliability of AOCs over traditional cabling.
- Market Challenges: Potential high costs associated with installation and the physical fragility of fiber optics.
- Opportunities: An upswing in digitalization trends and 5G network deployments presents considerable market opportunities.
Insights into Competitive Landscape
An in-depth assessment included in the report also casts light on the competitive dynamics of the market. It evaluates the strategic positioning of key industry players, examining their market shares, growth strategies, and service offerings, providing a comprehensive outlook on how these companies are accentuating the evolution of the active optical cable & extender market landscape.
Tapping into Market Dynamics
Stakeholders in the active optical cable & extender space will find the report instrumental in understanding the market pulse and navigating the array of factors driving growth, challenges posed, and the opportunities lying within the current and future market milieu. It serves as a critical tool in shaping informed business strategies and aligning operational priorities with market trends.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 238 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $3.3 Billion |
| Forecasted Market Value (USD) by 2028 | $6.2 Billion |
| Compound Annual Growth Rate | 13.1% |
| Regions Covered | Global |
Companies Mentioned
- 3M
- Amphenol Communications Solutions
- Alysium-Tech GmbH
- Aten International Co. Ltd.
- Act
- Apac Opto Electronics Inc.
- Anfkom Telecom
- Broadcom
- Black Box
- Corning Incorporated
- Dell Inc.
- Eaton
- Everpro Technology Co. Ltd.
- Extron
- Gigalight
- Ioi Technology Corporation
- Koincable
- Molex
- Mobix Labs, Inc.
- Roctest
- Sumitomo Electric Industries, Ltd.
- Siemon
- Shenzhen Sopto Technology Co. Ltd.
- Te Connectivity
- T&S Communication Co. Ltd.
- Unixtar Technology, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/f763be
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