Optical Interconnect Market Size, Share & Trends Analysis Report By Product (Optical Transceivers, PIC-based Interconnects), By Interconnect Level, By Fiber Mode, By Data Rate, By Application, By Distance, By Region, And Segment Forecasts, 2024 - 2030
Optical Interconnect Market Size, Share & Trends Analysis Report By Product (Optical Transceivers, PIC-based Interconnects), By Interconnect Level, By Fiber Mode, By Data Rate, By Application, By Distance, By Region, And Segment Forecasts, 2024 - 2030
Optical Interconnect Market Size & Trends
The global optical interconnect market size was estimated at USD 14.56 billion in 2023 and is projected to grow at a CAGR of 11.2% from 2024 to 2030. The surge in data traffic drives this growth due to increased internet usage, cloud computing, and data centers, necessitating high-speed data transfer capabilities. Advancements in optical technology, such as silicon photonics and advanced fiber optics, are enhancing performance and efficiency, attracting various industries. The rollout of 5G networks also demands advanced optical interconnect solutions for higher bandwidth and lower latency. In addition, data centers are increasingly adopting optical interconnects to support edge computing and faster data processing.
Optical interconnects are more energy-efficient than traditional electrical interconnects, making them useful for data centers and high-performance computing environments focused on reducing energy consumption. The trend towards smaller electronic devices demands advanced interconnect solutions capable of supporting higher data transfer rates in limited spaces, with optical interconnects providing a viable solution. In addition, the increasing demand for High-Performance Computing (HPC) systems in applications such as scientific research and financial modeling necessitates extremely high data transfer rates, driving market growth. Advancements in manufacturing techniques have also reduced costs and increased the reliability of optical interconnects, making them accessible to a broader range of applications.
Government and institutional investments in advanced communication infrastructure, including fiber optic networks, further boost the demand for optical interconnect solutions. The adoption of artificial intelligence and machine learning technologies, which require rapid data transfer, supports the market growth. The growing media and entertainment industry, driven by high-definition video streaming and Virtual Reality (VR) and Augmented Reality (AR) applications, increases the need for high-speed data transfer. In addition, the continuous expansion and upgrading of telecommunication infrastructure, especially in developing regions, creates a significant demand for optical interconnect solutions to support higher bandwidth requirements.
Global Optical Interconnect 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 2017 to 2030. For this study, Grand View Research has segmented the global optical interconnect market report based on product, interconnect level, fiber mode, data rate, application, distance, and region.
Product Outlook (Revenue, USD Billion, 2017 - 2030)
Cable Assemblies
Indoor Cable Assemblies
Outdoor Cable Assemblies
Active Optical Cables
Multi-source Agreements
Connectors
LC Connector
SC Connector
ST Connector
MPO/MTO Connector
Optical Transceivers
Free Space Optics, Fiber, and Waveguides
Silicon Photonics
PIC-based Interconnects
Optical Engines
Interconnect Level Outlook (Revenue, USD Billion, 2017 - 2030)
Metro and Long-haul Optical Interconnect
Board-to-Board and Rack-Level Optical Interconnect
Chip and Board-Level Optical interconnect
Fiber Mode Outlook (Revenue, USD Billion, 2017 - 2030)
Single Fiber Mode
Multifiber Mode
Data Rate Outlook (Revenue, USD Billion, 2017 - 2030)
Less than 10 GBPS
10 - 50 Gbps
50 - 100 Gbps
More than 100 Gbps
Application Outlook (Revenue, USD Billion, 2017 - 2030)
Data Communication
Telecommunication
Distance Outlook (Revenue, USD Billion, 2017 - 2030)
Less than 10 Km
11 - 100 Km
More than 100 Km
Regional Outlook (Revenue, USD Billion, 2017 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Asia Pacific
China
India
Japan
Australia
South Korea
Latin America
Brazil
MEA
UAE
South Africa
KSA
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