PUBLISHER: Grand View Research | PRODUCT CODE: 1530192
PUBLISHER: Grand View Research | PRODUCT CODE: 1530192
Active Optical Cable Market Size & Trends
The global active optical cable market size was estimated at USD 3.97 billion in 2023 and is expected to grow at a CAGR 12.6% from 2024 to 2030. The higher reliability of active optical cables compared to traditional copper cables, along with the widespread adoption of cloud-based services, is driving market growth during the forecast period. In addition, factors such as digitalization and the rollout of 5G networks present significant growth opportunities for the market.
The superior reliability of active optical cables over traditional copper cables, combined with the extensive adoption of cloud-based services, is propelling market growth during the forecast period. Furthermore, digitalization and the rollout of 5G networks offer significant growth opportunities for the market. Moreover, the widespread adoption of 4K and 8K Video Technologies is fueling the market growth. 4K and 8K video technologies have become prevalent in industries like medical imaging, gaming, broadcasting, and digital signage, leading to a substantial rise in the demand for high data rates and extended transmission distances. To meet these needs, Active optical cables have become essential solutions. These progressed optical interconnects offer seamless and reliable transmission of high-resolution video signals over long distances, ensuring the quality and integrity of the video content.
Global Active Optical Cable Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global active optical cable market report based on form factor, application, protocol, and region:
U.S.
Canada
Mexico
Germany
UK
France
China
Japan
India
South Korea
Australia
Brazil
Kingdom of Saudi Arabia
UAE
South Africa