Market Research Report
Optical Interconnect - Global Market Outlook (2017-2023)
|Published by||Stratistics Market Research Consulting||Product code||614595|
|Published||Content info||176 Pages
Delivery time: 2-3 business days
|Optical Interconnect - Global Market Outlook (2017-2023)|
|Published: January 1, 2018||Content info: 176 Pages||
According to Stratistics MRC, the Global Optical Interconnect Market is accounted for $4.38 billion in 2016 and expected to grow at a CAGR of 20.9% to reach $16.62 billion by 2023. Power consumption and bandwidth requirements in data centers, growing communication bandwidth, emerging mobile cloud computing applications and rising demand for data securities are fuelling the market growth. However, high initial investment and slow commercialization of optical interconnection-related technologies are hindering the market growth. In addition, conversion delay due to bandwidth requirement and absence of appropriate practical optomechanical technology are the challenges faced by the market.
Based on product, Optical Transceiver is used in an optical network to convert electrical signals to optical signals and optical signals to electrical signals. Testing of key optical parameters: transmitter optical power and receiver sensitivity is a big deal. High-speed serial transceivers form the backbone of networks. Communications, servers and many other electronic systems depend on high-speed serial transceivers. There is increased demand for 40G Quad Small Form Factor (QFSP) pluggable optical transceiver.
North America is anticipated to dominate the market due to huge internet penetration resulting in higher usage of data center networks. In addition to this, presence of huge internet based business like Facebook and Google among others driver the market. Asia Pacific is the fastest growing market owing to rising technological advancements in China, Japan, South Korea and India.
Some of the key players in Global Optical Interconnect market are Acacia Communications Inc., Amphenol FCI (AFCI), Broadcom Limited, Finisar Corporation, Fujitsu Ltd., Infinera Corporation, Juniper Networks, Inc., Lumentum Holdings Inc., Mellanox Technologies, Ltd., Molex, LLC, Oclaro, Inc., Sumitomo Electric Industries, Ltd. and TE Connectivity Ltd
Note: North America,Europe, Asia Pacific, South America and Middle East & Africa.