The North American optical interconnect market is estimated to grow at a CAGR of around 11.5% during the forecast period. The growth of the market is mainly attributed to the increasing deployment of data centres across the globe. The growing adoption of cloud computing services, big data analytics, and rising integration of IoT technology also acts as the driving factors for the growth of the market. The high adoption of cloud-based applications in the region has led to a significant increase in the number of cyber-attacks in the region. Therefore, the increasing number of cyber-attacks along with the rising internet usage further provides a significant opportunity to the market. 

The North American market for optical interconnect is segregated on the basis of product type and application industry. Based on the product type, the market is further classified into connectors, cable assemblies, optical transceivers silicon photonics, and others. The cable assemblies segment is projected to have a considerable share in the North American market. Based on the application, the North American optical interconnect market is further segmented into data communication and telecommunication. The data communication segment estimated to have a considerable share in the market owing to the growing number of data centers across the region and the rising adoption of big data analytics in small and medium enterprises. Based on geography, the North American optical interconnect market is further segregated into the US and Canada. Among, geography the US projected to have a considerable share in the North American optical interconnect market.  

The companies which are contributing to the growth of the North American optical interconnect market include II-VI Inc., Broadcom Inc., Intel Corp., NVIDIA Corp., Corning Inc., Infinera Corp., and others. Product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market. 

Research Methodology

The market study of the North American optical interconnect market is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research papers, and news blogs.
• Company websites and their product catalog.

The report is intended for optical interconnect providers, end-user companies for overall market analysis, and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.

Market Segmentation

1. North American optical interconnect Market Research and Analysis by Product Type
2. North American optical interconnect Market Research and Analysis by  Application

The Report Covers

• Comprehensive research methodology of the North American optical interconnect market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North American optical interconnect market.
• Insights about market determinants which are stimulating the North American optical interconnect market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.