The global active optical cable market is set for a substantial surge, with projections indicating a valuation of over $15.9 billion by the year 2032. The market is expected to grow at a remarkable Compound Annual Growth Rate (CAGR) of 19.5% from 2022 to 2032, according to a recent report. In 2022 alone, the demand for active optical cables reached a substantial value of $2.7 billion.
Active optical cables are a crucial component of the modern digital landscape, comprising glass fiber strands encased within insulated casings. These specialized cables are designed to cater to the demands of telecommunications and long-distance, high-performance data networking. Their capabilities exceed those of conventional wires, as they boast higher data capacity and the ability to transmit over significantly greater distances.
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Key Figures and Trends:
- Global active optical cable market projected to reach $15.9 billion by 2032.
- Expected CAGR of 19.5% from 2022 to 2032.
- Active optical cable demand valued at $2.7 billion in 2022.
“An active optical cable improves the effectiveness of cables by using optical fiber in connections. They are often used in high-speed monitoring and data technologies due to their robust structure.” – Says a lead analyst.
Competitive Landscape: Active Optical Cable Market
Companies in the sector compete depending on the quality of the products they provide. Market leaders invest a lot of time and energy in developing their production facilities. They are also expanding their infrastructure, putting money into research, and taking advantage of integration opportunities throughout the value chain.
With the use of these strategies, active optical cable companies can meet expanding demand. They can also assure competitive effectiveness and create cutting-edge products & technologies. At the same time, they are aiming to cut production costs and increase their clientele.
- In July 2022, in order to support 100 Gbps continuous communication in optical access networks, II-IV Incorporated created an ultralow power DSP. One of the most often utilized 100 Gbps optical formats in access networks is the pluggable QSFP28 type. It was developed primarily to support 100 Gbps transmitted data optics. It was produced utilizing the DSP from II-Steelerton VI. It is a compact gadget with an ultralow power dissipation capability that frequently dissipates 2 W.
- In October 2022, the first end-to-end, performance-optimized, and transparent RDMA over converged Ethernet system was offered by Broadcom and Arista. Enterprise and hyperscale data center operators can now set up fully optimized systems. They can make use of Broadcom’s RDMA connections. Ethernet NIC is used in the complete solution, which is cooperatively incorporated by Ethernet market leaders. Switch technologies from Broadcom are also used.
Get More Exclusive Insights into Active Optical Cable Market Study
Future Market Insights, in its new offering, presents an unbiased analysis of the active optical cable market, presenting historical market data (2017 to 2021) and forecast statistics for the period of 2022 to 2032.
The study reveals extensive growth in the active optical cable market in terms of connector type (quad small form-factor pluggable, CXP, CDFP, c form-factor pluggable, small form-factor pluggable), technology (InfiniBand, Ethernet, HDMI, DisplayPort, USB), application (data center, high-performance computing, personal computing, digital signage, consumer electronics), and region.
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Active Optical Cable Market Outlook by Category
By Connector Type:
- Quad Small Form-factor Pluggable (QFSP)
- CXP
- CDFP
- C Form-factor Pluggable (CFP)
- Small Form-factor Pluggable (SFP)
By Technology:
- InfiniBand
- Ethernet
- HDMI
- DisplayPort
- USB
- Others
By Application:
- Data Center
- High-Performance Computing
- Personal Computing
- Digital Signage
- Consumer Electronics
- Others
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
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Author:
Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.
He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.
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