The Global Active Optical Cables Market size is estimated at USD 4.11 billion in 2024, and is expected to reach USD 7.75 billion by 2029, growing at a CAGR of 13.5% during the forecast period (2024-2029).
The active optical cables market is currently experiencing robust growth, and it is expected to grow further owing to the large-scale adoption of cloud-based services, digitalization, 5G, data centers, and other applications.
The active optical cables (AOC) market is fragmented in nature. Some major players in the market studied are ACT, Broadcom Inc., Sumitomo Electric, JPC Connectivity, etc. Players in the market are adopting strategies such as partnerships, agreements, innovations, and acquisitions to enhance their service offerings and gain sustainable competitive advantage.
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