North America Direct Attach Cable Market Size, Share & Trends Analysis Report By Type, By End Use (Networking, Telecommunications, Data Storage, High Performance Computing Centers (HPCs), and Other End Use), By Form Factor, By Country and Growth Forecast, 2024 - 2031
The North America Direct Attach Cable Market would witness market growth of 38.2% CAGR during the forecast period (2024-2031).
The US market dominated the North America Direct Attach Cable Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $20,843 million by 2031. The Canada market is expected to witness a CAGR of 41% during (2024 - 2031). Additionally, The Mexico market would experience a CAGR of 40% during (2024 - 2031).
DACs, or Direct Attach Cables, are a type of high-speed cable used primarily for data transmission in networking environments. They are often used to connect various components within data centers, such as servers, switches, and storage devices. DACs are versatile components with a wide range of applications across various industries. Their primary function is to provide high-speed connections for data transmission, but they are also employed in several specific areas.
DACs are essential for connecting servers to switches within data centres, providing high-speed connections that minimize latency and maximize data transfer efficiency. Compared to traditional fiber optic solutions, their affordability allows data centres to deploy extensive interconnection setups without significant capital expenditure. DACs facilitate connections between base stations and other network equipment in telecom networks, ensuring reliable data transmission for mobile and wireless communications.
The U.S. tech sector is also a leader in innovation, with advancements in artificial intelligence, machine learning, and cloud computing driving new data requirements. These innovations necessitate high-capacity connections to ensure optimal performance, increasing reliance on Direct Attach Cables. Additionally, substantial investments in network infrastructure from both the government and the private sector are aimed at enhancing digital transformation initiatives. This investment climate fosters the growth of the direct attach cable market, as more sophisticated cabling solutions are needed to optimize network performance and connectivity. Therefore, the rising ICT sector and expansion of the region's telecommunication industry are driving the market's growth.
Based on Type, the market is segmented into Direct Attach Copper Cable (Passive Direct Attach Copper Cable, and Active Direct Attach Copper Cable), and Active Optical Cable. Based on End Use, the market is segmented into Networking, Telecommunications, Data Storage, High Performance Computing Centers (HPCs), and Other End Use. Based on Form Factor, the market is segmented into QSFP, SFP, CXP, Cx4, CFP, and CDFP. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Cisco Systems, Inc.
- Hitachi, Ltd
- Juniper Networks, Inc.
- Molex, LLC (Koch Industries, Inc.)
- The Siemon Company
- 3M Company
- Broadcom, Inc.
- TE Connectivity Ltd.
- Sumitomo Electric Industries, Ltd.
- Fujitsu Limited
North America Direct Attach Cable Market Report Segmentation
By Type
- Direct Attach Copper Cable
- Passive Direct Attach Copper Cable
- Active Direct Attach Copper Cable
- Active Optical Cable
By End Use
- Networking
- Telecommunications
- Data Storage
- High Performance Computing Centers (HPCs)
- Other End Use
By Form Factor
By Country
- US
- Canada
- Mexico
- Rest of North America