HOME Press Releases Optical Interconnect Market worth 13.03 Billion USD by 2022



Optical Interconnect Market worth 13.03 Billion USD by 2022


The report "Optical Interconnect Market by Interconnect Level (Chip Level, Rack & Board to Board, Metro & Long haul), Fiber Mode (Single Mode, Multi-Mode), Product Category, Application, and Geography - Global Forecast to 2022", The optical interconnect market is expected to grow from USD 3.66 Billion in 2015 to USD 13.03 Billion by 2022, at a CAGR of 18.13% between 2016 and 2022.

Browse 68 market data tables and 76 figures spread through 160 pages and in-depth TOC on “Optical Interconnect Market - Global Forecast to 2022”
http://www.marketsandmarkets.com/Market-Reports/optical-interconnect-market-89222473.html
Early buyers will receive 10% customization on reports.

The rise in bandwidth requirements and need for reducing power consumption within the data center networks has created a need for highly efficient interconnects, which cannot be fulfilled by traditional copper-based electrical interconnects. Data center operators need much higher bandwidth to sustain the increase of network traffic due to cloud computing and other emerging web applications. Current data center networks based on commodity switches require excessive amount of power to face this traffic increase. Optical interconnection networks have recently emerged as a promising solution that can provide higher throughput while consuming less power.

Optical transceivers market to play a key role in the optical interconnect market

The optical transceiver product category is expected to hold the largest market share and dominate the optical interconnect market between 2016 and 2022, owing to the increasing adoption of 100 G and 40 G data rates-based optical devices. Due to the increased penetration of Internet and cloud computing, there is a huge bandwidth requirement which can be sustained only through optical transceivers which can support data rates above 25 G.

Data communication application held the largest market share in 2015

The data communication application is expected to hold the largest market share and dominate the optical interconnect market between 2016 and 2022. The increasing installation of mega data centers, which occupy space above 22,501 square meters, has led to unprecedented rise in high-density optical networks, causing increase in uptake for optical interconnects.

North America expected to hold the largest market share and APAC is expected to grow at the highest rate

North America is expected to hold the largest market share and dominate the optical interconnect market between 2016 and 2022. The virtual monopoly of North America in the Internet-based businesses due to the presence of companies such as Facebook, Oracle, IBM, Microsoft and Google, coupled with very high penetration of Internet among the general population as well as within the industries makes the region a leader in the optical interconnect market. However, the optical interconnect market in the APAC is expected to show a very fast growth on the back of rapidly increasing internet connectivity, high growth in digital businesses such as e-commerce in countries such as India and China and continuous spending by governments and industries in upgrading the current communication infrastructure.

The optical interconnect ecosystem includes the fiber providers such as Dow Corning (U.S.) 3M Company (U.S.), Furukawa OFS (Japan), among others; the cable and cable assemblies, connectors, and transceiver/optical module manufacturers such as Finisar (U.S.), Mellanox (U.S.), Molex (U.S.), Oclaro Inc (U.S.), Acacia Communication (U.S.), among others. System Integrators and network equipment providers include Infinera (U.S.), Ciena (U.S.), and Huawei (China), among others.

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441

Search reports