The UK optical interconnect market is estimated to grow at a CAGR of around 10.5% during the forecast period. Several factors that are propelling the growth of the UK optical interconnect market include increasing data security concerns coupled with the emergence of new regulations, such as GDPR and better telecommunication infrastructure within the country. Moreover, growing penetration of the mobile phone further raises the demand of optical interconnect solutions in the country. UK has 79.2 million subscriptions of mobile connection which is about 121 subscriptions per 100 inhabitants. As per the ITU, an estimated 61 million people use the internet in the country which is around 95% of the total population in 2018, as compared to 92% in 2015. The rising internet penetration in the country further provide significant opportunity to the market in the near future.

The UK 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 UK market. Based on the application, the UK 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. However, the telecommunication segment is projected to have significant growth during the forecast period.

The companies which are contributing to the growth of the UK optical interconnect market include II-VI Inc., Broadcom Inc., Intel Corp., NVIDIA Corp., Corning Inc., Huawei Technologies Co., Ltd., TE Connectivity 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 UK 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. UK optical interconnect Market Research and Analysis by Product Type

2. UK optical interconnect Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the UK 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 UK optical interconnect market.

• Insights about market determinants which are stimulating the UK optical interconnect market.

• Detailed and extensive market segments with regional distribution of forecasted revenues.

• Extensive profiles and recent developments of market players.