Quick Summary:
In an increasingly digitized world, the global optical interconnect market has seen tremendous growth, driven by critical technological advancements and a rising demand. Harnessing the power of light for high-speed, efficient data transmission, optical interconnect emerges as an essential bridging technology. Its value extends from enhancing motherboard performance to supporting expansive networking, providing crucial support in a variety of sectors.
Optical interconnect systems are of growing importance, especially in light of expansion in Internet of Things (IoT) and big data analytics, along with rapid growth in the Information Technology (IT) sector. By fulfilling the ever-increasing demand for high data transmission and bandwidth communication, this invaluable technology is asserting its place across a broad array of sectors. But beyond this, it also addresses the critical need for reduced power consumption within data networks, further driving demand and fostering market growth. As cloud applications allow for faster communication and as digitalization continues its onward march, the use of optical interconnect systems is set to increase, boosting growth for information-centric industries globally.
An optical interconnect is a link that is used to connect multiple computer systems in a circuit through light. It is an interface that assists in receiving digital signals from network equipment and converting them into optical signals that are transmitted through the fiber network. Advanced signal processing is facilitated by optical interconnect to monitor or manage errors and reduce distortion in fiber optics. Optical interconnections can range from short connections on motherboards to kilometer-long links used in large area networks. These interconnects have a low frequency-dependent loss, negligible crosstalk and high bandwidth due to which they find wide applications in the semiconductor industry.
Increasing demand for internet services across the domestic, commercial and industrial sectors is the key factor driving the market growth. Owing to the rapid growth of the information technology (IT) sector along with the introduction of big data analytics and Internet of Things (IoT), the demand for high data transmission and bandwidth communication is on the rise, which has led to an increased demand for optical interconnect globally. Optical interconnect is considered a more suitable alternative to the traditionally used technologies, in order to meet the current performance requirements of data processors. Also, the rising demand for increased bandwidth capacity along with the reduced power consumption within data center networks is acting as a major growth-inducing factor. Furthermore, rising network traffic from both private and government sectors has resulted in an increasing demand for optical interconnect devices for efficient utilization of resources while handling web applications and cloud computing systems. With cloud applications facilitating rapid communication and the rising trend of digitalization, there is a rise in the adoption of optical interconnect systems that favor the growth of various information-centric industries.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global optical interconnect market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, interconnect level, fiber mode, application and end use industry.Breakup by Product Type:
- Cable Assemblies
- Indoor Cable Assemblies
- Outdoor Cable Assemblies
- Active Optical Cables
- Multi-Source Agreement
- QSFP
- CXP
- CFP
- CDFP
- Connectors
- LC Connectors
- SC Connectors
- ST Connectors
- MPO/MTP Connectors
- Optical Transceivers
- Free Space Optics, Fiber and Waveguides
- Silicon Photonics
- PIC-Based Interconnects
- Optical Engines
Breakup by Interconnect Level:
- Chip- & Board-Level Interconnect
- Board-To-Board and Rack-Level Optical Interconnect
- Metro & Long Haul Optical Interconnect
Breakup by Fiber Mode:
- Multi-Mode Fiber
- Step Index Multi-Mode Fiber
- Graded Index Multi-Mode Fiber
- Single-Mode Fiber
Breakup by Application:
- Data Communication
- Data Center
- High-Performance Computing (HPC)
- Telecommunication
Breakup by End Use Industry:
- Military and Aerospace
- Consumer Electronics
- Automotive
- Chemicals
- Others
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Finisar, Mellanox Technologies, Molex, Oclaro, Sumitomo Electric Industries, Broadcom, TE Connectivity, Amphenol, Juniper Networks, Fujitsu, Infinera Corporation, Lumentum Holdings, OFS Fitel, LLC (FURUKAWA ELECTRIC CO., LTD), 3M Company, Acacia Communication, Dow Corning, Huawei, Intel, Infineon Technologies, etc.Key Questions Answered in This Report:
- How has the global optical interconnect market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global optical interconnect industry?
- What has been the impact of COVID-19 on the global optical interconnect industry?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the interconnect level?
- What is the breakup of the market based on the fiber mode?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the global optical interconnect industry?
- What are the key driving factors and challenges in the global optical interconnect industry?
- What is the structure of the global optical interconnect industry and who are the key players?
What is the estimated value of the Global Optical Interconnect Market?
What is the growth rate of the Global Optical Interconnect Market?
What is the forecasted size of the Global Optical Interconnect Market?
Who are the key companies in the Global Optical Interconnect Market?
Report Attribute | Details |
---|---|
No. of Pages | 144 |
Published | July 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 10.7 Billion |
Forecasted Market Value ( USD | $ 22 Billion |
Compound Annual Growth Rate | 12.8% |
Regions Covered | Global |
No. of Companies Mentioned | 19 |
Table of Contents
Companies Mentioned
- Finisar
- Mellanox Technologies
- Molex
- Oclaro
- Sumitomo Electric Industries
- Broadcom
- TE Connectivity
- Amphenol
- Juniper Networks
- Fujitsu
- Infinera Corporation
- Lumentum Holdings
- OFS Fitel LLC (FURUKAWA ELECTRIC CO. Ltd)
- 3M Company
- Acacia Communication
- Dow Corning
- Huawei
- Intel
- Infineon Technologies
Methodology
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