USD 5.78 billion Growth in Active Optical Cable Market Size With 55% of the Contribution from APAC and Accelerating CAGR of 25.93%

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06 Sep, 2022, 08:15 ET

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NEW YORK, Sept. 6, 2022 /PRNewswire/ -- The "Active Optical Cable Market Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the active optical cable market between 2021 and 2026 is USD 5.78 billion, as per the latest market analysis report by Technavio. The report predicts the market to witness an accelerating growth momentum at a CAGR of 25.93%. Technavio categorizes the global active optical cable market as a part of the global consumer electronics market within the global household durables market. One of the key factors driving growth in the active optical cable market is the expansion of data centers. The adoption of 5G networks is an active optical cable market trend that is expected to have a positive impact in the coming years. However, the complexities involved in wired communication networks will be a major challenge for the active optical cable market during the forecast period.

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Key Market Segment Highlights:

The active optical cable market report is segmented by End-user (data center, consumer electronics, high performance computing, telecommunication, and others) and Geography (APAC, North America, Europe, South America, and Middle East and Africa).

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Key Market Vendor Landscape

The active optical cable market is fragmented and the vendors are deploying growth strategies such as focusing on launching new and innovative products, cost-effective production cycles, and technological developments to compete in the market. This statistical study of the active optical cable market encompasses successful business strategies deployed by the key vendors. The active optical cable market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. To make the most of the opportunities and recover from the pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Active Optical Cable Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 25.93%

Market growth 2022-2026

$ 5.78 billion

Market structure

Fragmented

YoY growth (%)

25.11

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 55%

Key consumer countries

US, China, Japan, South Korea, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

3M Co., Amphenol Corp., Broadcom Inc., Emcore Corp., Fujikura Co. Ltd., Fujitsu Ltd., GIGALIGHT, Hitachi Ltd., International Business Machines Corp., II VI Inc., Koch Industries Inc., Leoni AG, Lumentum Holdings Inc., Optomind Inc, SANWA DENKI KOGYO Co.Ltd., Sopto Technology Co. Ltd., Sumitomo Electric Industries Ltd., TE Connectivity Ltd., The Siemon Co., and Yangtze Optical Fibre and Cable Joint Stock Ltd. Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email:[email protected]Website: www.technavio.com/

SOURCE Technavio