Active Optical Cable Market worth USD 17,078.2 Million by 2030

The Market Statsville Group (MSG) publishes the new report on the "Active Optical Cable Market by Technology Outlook (InfiniBand, Ethernet, HDMI, DisplayPort, USB, and Others), by Connector Type (QSFP, CXP, CDFP, CFP, SFP, and Others), by Application (Data Center, High-Performance Computing, Personal Computing, Digital Signage, Consumer Electronics, and Others), by Region – Global Share and Forecast to 2030". The global active optical cable market size is expected to grow from USD 2,297.3 million in 2021 to USD 17,078.2 million by 2030, at a CAGR of 28.5% during the forecast period. The significant factors impacting the growth of the global active optical cable market include growth in the demand for higher bandwidth, rise in demand for active optical cable in the data center, increase in transition toward faster optical networks by the telecom sector, and surge in investment by government to improve connectivity globally. However, the high initial investment associated with active optical cable acts as the major barrier for early adoption, thereby hampering the market's growth. On the contrary, advancements in fiber optic technology are the factors anticipated to provide lucrative opportunities for the growth of the active optical cable market during the forecast period.

Scope of Global Active Optical Cable Market

The active optical cable market has been segmented as technology, connector type, application, and region.

• By Technology Outlook (InfiniBand, Ethernet, HDMI, DisplayPort, USB, and Others)
• By Connector Type (QSFP, CXP, CDFP, CFP, SFP, and Others)
• By Application (Data Center, High-Performance Computing, Personal Computing, Digital Signage, Consumer Electronics, and Others)
• By Region (North America, Europe, Asia Pacific, South America, and the Middle East & Africa)

QSFP, by connector type, holds the largest market share

By connector type, the market is classified into QSFP, CXP, CDFP, CFP, SFP, and others. In 2021, the QSFP segment was the highest contributor to the market, with 42.2% of the market share. Quad Small Form-factor Pluggable (QSFP) form factors are widely used in AOCs due to increased usage in the data centers. QSFP AOCs are designed to have high performance, long reach, and low power consumption.

QSFP cables are mainly used for high-density signal transmission in data centers and HPC applications. The previous QSFP AOCs catered to the 10-Gbps market; however, the current QSFP AOC market is centered on 40- Gbps. Therefore, an increase in the bandwidth of digital data transmission is expected to replicate the opportunities to the QSFP AOCs.

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North America accounts for the largest market share in 2021

Based on the regions, the global active optical cable market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. In 2021, North America was the highest revenue contributor, accounting for 38.6 % of the market share.

This research report includes an examination of the development and marketing strategies, as well as an examination of the product portfolios and winning strategies of the leading companies in the active optical cable market. It also consists of the profiles of leading companies such as Finisar Corporation (Ii-Vi Inc.), 3M Company, International Business Machines Corporation (IBM), Amphenol Corporation, Avago Technologies Limited (Broadcom Inc.), Fujitsu Limited, Siemon Company, Molex, Llc, Lumentum Holdings Inc., and Sumitomo Electric Industries, Ltd. These market players have focused on acquisitions and expansion to gain a larger market share in the active optical cable market.

Browse complete report: https://www.marketstatsville.com/active-optical-cable-market

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