The US optical interconnect market is estimated to grow at a CAGR of around 11.2% during the forecast period. The major factors that further contribute to the growth of the market in the country include the rising adoption of the cloud infrastructure coupled with a growing concern related to cyber security in the country. Further, the increasing number of cyber-attacks in the US is also estimated to have a major impact on the growth of the US industry. Over the past few years, a rapid increase in the growth of cyber-attacks has been observed. The growth in cyber-attacks is majorly attributed to the increasing adoption of optical interconnect solutions that further fuelling the growth of the market in the country. However, the discrepancies regarding data encryption and security projected to hamper the demand for optical interconnect technology for large enterprises thus restraint the market growth.
The US 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 US market. Based on the application, the US 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 country and the rising adoption of big data analytics in small and medium enterprises.
The companies which are contributing to the growth of the US 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 US 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
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
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the USOptical Interconnect Industry
• Recovery Scenario of the USOptical Interconnect Industry
1.2. Market Breakdown
1.2.1. By Segments
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on key players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. US Optical Interconnect Market by Product Type
5.1.1. Connectors
5.1.2. Cable Assemblies
5.1.3. Optical Transceivers
5.1.4. Silicon Photonics
5.1.5. Other (Optical Engines)
5.2. US Optical Interconnect Market by Application
5.2.1. Data Communication
5.2.2. Telecommunication
6. Company Profiles
6.1. II-VI Inc.
6.2. Acacia Communications, Inc.
6.3. Amphenol Corp.
6.4. Broadcom Inc.
6.5. Corning Inc.
6.6. Infinera Corp.
6.7. Intel Corp.
6.8. Juniper Networks, Inc.
6.9. Lumentum Operations LLC
6.10. Molex, LLC
6.11. NVIDIA Corp.
6.12. NeoPhotonics Corp.
6.13. TE Connectivity Corp.
1. US OPTICAL INTERCONNECT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2020-2027 ($ MILLION)
2. US OPTICAL INTERCONNECT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON US OPTICAL INTERCONNECT MARKET, 2020-2027 (% MILLION)
2. IMPACT OF COVID-19 ON US OPTICAL INTERCONNECT MARKET BY SEGMENT, 2020-2027 (% MILLION)
3. RECOVERY OF US OPTICAL INTERCONNECT MARKET, 2020-2027 (%)
4. US OPTICAL INTERCONNECT MARKET SHARE BY PRODUCT TYPE, 2020 VS 2027 (%)
5. US OPTICAL INTERCONNECT MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
6. US OPTICAL INTERCONNECT MARKET SIZE, 2020-2027 ($ MILLION)