High-speed Interconnects Market Overview
High-speed interconnects address data, high-performance computing connectivity, and storage data by combining the connector, transceiver, and cabling media as one assembly. High-speed interconnects have features such as low cost, small cable bend radius, high density, short distance, and low power consumption.
High-speed interconnects assemblies are used for direct attach point-to-point applications in the data center. For data center operators and enterprises, the demand for more secure and fast data transmission is driving the need for high-speed interconnects.
With the increasing development of cloud computing, data centers, and the rising number of mobile internet, the traffic between data centers is surging across private and public networks. Cloud-based service providers are looking for more data efficiency solutions that enable them to remain competitive by improving bandwidth, reducing operating costs, and lowering power requirements. This factor is fueling the demand for high-speed interconnects.
COVID-19 Impact Analysis
The COVID-19 pandemic has impacted various sectors in different ways. Due to the COVID-19 pandemic, the supply chains has been disrupted, with factories operating at minimum capacities with shortage in raw materials. During the COVID-19, all the business and personal communications and data usage has been driven online, which much focus on data centers driving the high speed data.
The data centers are the backbone supporting collaborative software for business, increased internet traffic, and maintain data security. The increasing work from home activities has demanded high bandwidth consumption for sharing the data and transferring data, which increases the demand for high-speed interconnects.
Historically, the market for high-speed interconnects had grown by almost 10% in the past 5 years. The data centers and IT industries have stepped up in many ways to assist the world get through the COVID-19 pandemic.
High-speed Interconnects Market: Drivers and Restraints
Increasing Demand for High-speed Interconnect Active Optical Cable
The rising demand of connecting devices in a wide range of industry applications, is achieved by the help of high-speed interconnect technologies such as active optical cable and other optical cables. High-speed interconnect active optical cables are widely used in a high productivity computing system.
The active optical cable support many different protocols such as USB, Ethernet, and InfiniBand for data transformation. The rising demand for active optical cable due to its several advantages such as lightweight, small bend range for easy installment, and low power consumption, is increasing the demand for high-speed interconnects products.
Increasing in demand for High Bandwidth Interconnects
With the rapid evolution of high-speed interconnects technology, the size of cables becomes smaller, and the input/output data size becomes higher, comparing to the packages type of pins in the cables. The high-speed interconnects provide very high bandwidth at the level of 10Gbps.
The high-speed interconnects continue to meet rising demands for higher data bandwidth at lower power and smaller packages. The collaboration of design engineering approach and high-speed interconnects products provides network equipment makers and data centers architects with a competitive advantage in meeting growing demands for data storage and data access in a rapidly changing industry.
High-speed Interconnects Market: Competition Landscape
Some of the prominent players in High-speed Interconnects market are
- Molex Incorporated
- Leoni AG
- CBO GmbH
- Cisco Systems, Inc.
- Huawei Technologies Co., Ltd.
- The Siemon Company
- FS.COM LIMITED
- NVIDIA Corporation
High-speed Interconnects Market: Regional overview
Based on the region, the high-speed interconnects market has been segmented into North America, Latin America, East Asia, Europe, South Asia & Pacific, and MEA. North America holds the largest market share due to the high presence of data centers in the US demanding high-speed interconnects.
The growing adoption of new technologies and demand for higher bandwidth in the countries such as East Asia and South Asia & Pacific is expected to grow at the highest growth rate, during the forecast period.
The high-speed interconnects market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with high-speed interconnects market attractiveness as per segment. The high-speed interconnects market report also maps the qualitative impact of various market factors on high-speed interconnects market segments and geographies.
The report covers exhaustive analysis on
- High-speed Interconnects Market Segments
- High-speed Interconnects Market Dynamics
- High-speed Interconnects Market Size
- Supply & Demand Analysis
- Current Trends/Issues/Challenges
- Competition & Companies Involved in the Market
- Impact of COVID-19 on market growth
- Value Chain Analysis
- High-speed Interconnects Market Drivers and Restraints
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Rest of Latin America)
- Europe (Germany, Italy, U.K, Spain, France, BENELUX, Russia, Rest of Europe)
- East Asia (China, Japan, & South Korea)
- South Asia & Pacific (India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific)
- Middle East and Africa (GCC Countries, Turkey, South Africa, Rest of MEA)
High-speed Interconnects Market: Segmentation
The high-speed interconnects market has been segmented on the basis of Type, Application and Region.
- Direct Attach Cables
- Active Optical Cable
- Data Centers
- Consumer Electronics
- Networking and Computing