MarketsandMarkets Presents Optical Interconnect Market by Product Category (Cable Assemblies, Connectors, Optical Transceivers), Interconnect Level, Fiber Mode, Data Rate, Distance, Application (Data Communication, Telecommunication), Region - Global Forecast to 2025 The optical interconnect market is projected to grow from USD 9.0 billion in 2020 to USD 17.1 billion by 2025; it is expected to grow at a CAGR of 13.7% from 2020 to 2025.
“The single mode fiber segment held a larger share of the optical interconnect market than the multimode fiber segment in 2019.”
Opticalhttps://www.marketsandmarkets.com/pdfdownloadNew.asp?id=89222473@interconnectswithsinglemodefibersofferhighdatatransferratesfor longdistance transmissions with only one type of signal.
The single mode fiber segment is projected to account for a larger size of the optical interconnect market from 2020 to 2025 than the multimode fiber segment. The major factor contributing to the growth of this segment of the market is the high adoption of optical interconnects for long-distance data transmission applications.
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The chip- and board-level optical interconnect segment of the market is projected to grow at the highest CAGR during the forecast period. The major factor contributing to the growth of this segment is the increasing requirement of fast processors with low power consumption and high data transmission rates.
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“The chip- and board-level optical interconnect segment is projected to grow at the highest CAGR during the forecast period.”
Based on application, the optical interconnect market has been segmented into data communication and telecommunication. The data communication is projected to lead the optical interconnect market during the forecast period. The growth of this segment can be attributed to the increased adoption of optical interconnects in datacenters and high-performance computing (HPC) applications owing to their high data transmission rates. The rising number of datacenters across the world is expected to drive the growth of this segment of the market. Optical interconnects offer a wide range of data rates for both intra- and inter-datacenter interconnection purposes. Hence, leading datacenter companies such as Google, Alibaba, Microsoft, Facebook, and Apple use optical interconnects in their datacenters.
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“The data communication application segment led the optical interconnect market in 2019.”
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“The cable assemblies segment held the largest share of the optical interconnect market in 2019.” In 2019, the cable assemblies segment held the largest share of the optical interconnect market. The growth of this segment can be attributed to the increased deployment of fiber optics in datacenters and telecommunication applications across the world. These cable assemblies offer high data rates and low attenuation required by high bandwidth connectivity applications
Key players interconnect market
Companies operating at different stages of the value chain. II-VI Incorporated (US); Lumentum Operations LLC (US); Molex, LLC (US); InnoLight Technology (Suzhou) Ltd. (China); NVIDIA Corporation (US); Fujitsu Ltd. (Japan); Sumitomo Electric Industries, Ltd. (Japan); Broadcom Inc. (US); TE Connectivity (Switzerland); Amphenol Corporation (US); Accelink Technology Co. Ltd. (China); Juniper Networks, Inc. (US)
in the optical
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