Active Optical Cable Market worth 3.43 Billion USD by 2022
Data center expected to lead the active optical cable market for end-user applications.
The growing demand for active optical cable in data center worldwide is one of the key drivers for the market. The data center market also needs a broad portfolio of fiber optic modules to connect servers, switches, and storage, which is accomplished by active optical cable. Therefore, increase in the number of deployments of data center is a key driver for the active optical cable market. The consumer electronics market is an emerging market for active optical cable owing to its application in 4K TV, digital signage sectors among others.
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- Active Optical Cable Market worth 3.43 Billion USD by 2022
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- June 14, 2016