|
(Wireless-NewsWire.Com, November 16, 2018 ) The fiber optic components market is likely to witness high growth in the coming years because of the technological advancements in the area of cloud computing and increasing demand for high bandwidth for telecommunication, virtualization, cloud, and big data applications. The fiber optic components market is expected to grow from USD 15.41 Billion in 2017 to USD 27.60 Billion by 2023, at a CAGR of 10% between 2018 and 2023. The base year considered for the study is 2017, and the forecast period is between 2018 and 2023. The objective of the report is to provide a detailed analysis of the fiber optic components market on the basis of type, data rate, application, and geography. The report provides detailed information regarding the major factors influencing the growth of the fiber optic components market. The report also provides a detailed overview of the value chain of the fiber optic components market.
Don’t miss out on business opportunities in Fiber Optic Components Market. Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=63775446
Fiber optic components market for AOCs expected to grow at the highest rate during the forecast period
The market for AOCs is expected to grow at the highest CAGR between 2018 and 2023. The cloud technology has developed rapidly with the beginning of the big-data age. To satisfy the demands of higher bandwidth and more applications in a variety of cloud computing environments, active optical cables (AOCs) have been developed.
Fiber optic components market for 100G expected to lead the fiber optic components market between 2018 and 2023
The fiber optic components market for 100G is expected to hold the largest share by 2023. The market for 100G data rate is growing as it offers high-speed, increased data rate, predefined user configuration, and complete automation capabilities.
Browse and in-depth TOC on "Fiber Optic Components Market"
65 - Tables
46 - Figures
146 - Pages
View more detailed TOC @
https://www.marketsandmarkets.com/Market-Reports/fiber-optic-component-market-63775446.html
Communications application expected to lead the fiber optic components market between 2018 and 2023
Among various applications, the communications application expected to account for the largest size of the overall fiber optic components market between 2018 and 2023. The growth of this market can be attributed to the mass utilization of digital technologies and applications in telecommunications, data centers, and enterprises. Also, positive trends in broadband and big data management are also driving the growth of the communications application. With all this development in the communications application, the demand for fiber optic components would also rise.
APAC expected to lead the fiber optic components market between 2018 and 2023
APAC is expected to hold the largest size of the fiber optic components market during the forecast period. The rising industrialization and infrastructural development in this region have offered enormous opportunities for the use of fiber optic components across various applications in APAC.
Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=63775446
Players operating in the fiber optic components market are Finisar (US), Lumentum (US), Broadcom (US), Sumitomo Electric (Japan), and Accelink Technologies (China), Acacia Communications (US), EMCORE (US), Fujitsu Optical Components (Japan), Furukawa Electric (Japan), and II-VI (US).
Browse Adjacent Markets @ Semiconductor and Electronics Market Research Reports & Consulting
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Website: http://www.marketsandmarkets.com/
MarketsandMarkets
Mr. Shelly Singh
1-888-600-6441
sales@marketsandmarkets.com
Source: EmailWire.Com 
|
