Mobile Optical Pluggable Market Forecast and CAGR
According to latest research by Fact.MR, mobile optical pluggable market is set to witness growth during assessment period of 2021-2031.
Increasing use and adoption of smart devices, rising data traffic, advancement in technologies such as AI, 5G, machine learning demand for high speed data transfers and require devices that can transfer data efficiently. Market for mobile optical pluggable are expected to see an increase of 10% CAGR over next 10 years.
What is Driving Demand for Mobile Optical Pluggable?
Mobile optical pluggable are designed for higher performance and low power consumption, which makes them suitable for use in data centers. With the advancement of technological advances such as machine learning, AI and 5G connectivity, data traffic is on rise, which creates a demand for high-end information centers.
Mobile optical pluggable supports high data transfer such as 400G, 200G and 100G among others. Therefore, an increase in demand for high-speed data transceivers could drive the market growth of mobile optical pluggable transceivers over the weather.
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Covid-19 Impact on Global Mobile Optical Pluggable Market
Since the outbreak of the Covid-19 virus, the disease has spread to almost every country in the world as the World Health Organization declares it a public health emergency.
The global effects of coronavirus 2019 are already beginning to be felt. Although the Covid-19 continues to reform the growth of many industries, immediate effect is unknown. While a few industries witness a dip in demand, numerous others will continue to remain prominent and show promising growth opportunities.
The market demand for mobile optical pluggable prevails while getting delayed in some of the regions. Countries such as India, China, USA and South Korea has recovered demand for devices, countries such as Italy, Germany, France, Spain and others are seeing a gradual increase in demand. Rising demand for such devices indicates that these devices are required by people and industries.
Global Mobile Optical Pluggable Market Geographical Outlook
With the adoption of technologies such as cloud computing and developments in artificial intelligence, machine learning and deep learning which increases the demand for better and efficient data transfer rates.
Mobile optical pluggable are designed for interconnect or intraconnect networks. Designed for high efficiency and low power consumption, they are most suitable for data center applications.
The market for mobile optical pluggable is expected to see a double-digit growth especially in Asian Pacific region. With the penetration of technologies such as LTE and 5G, rising adoption of smart devices, expansion of telecom infrastructure, development of data centers in the region is expected to drive demand for optical devices.
North American market having the largest market share currently and forecast to grow with developments in various technologies and rising adoption of smart devices.
Many tech giant companies such as Google, Facebook, Microsoft, Apple, Amazon and others that dominate the world of internet is based of US. As usually the data centers of the companies are located in home country of a company, huge demand for such portable, high speed and low power consumption devices will prevail.
Similarly, the market for Europe and Middle east will see a demand for such devices which are efficient in terms of power and data transmission capabilities.
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Who are the Key Manufacturers of Mobile Optical Pluggable?
The leading manufacturers are,
- FIT Hong Teng Limited
- Sumitomo Electric Industries Ltd
- Applied Optoelectronics
- II-VI Incorporated
- Fujitsu Optical Components
- Hisense Broadband
- Perle Systems
- Reflex Photonics
- Solid Optics
- Source Photonics.
They manufacture majority of mobile optical pluggable in the market.
Rising adoption of technologies such as machine learning, AI, big data and 5G technologies require transition of data at high speed. Mobile optical pluggable are designed for low power consumption and high performance which makes them perfect for data center applications. The manufacturers are enforced to design and produced efficient optical transceivers for keeping the market share.
Mobile Optical Pluggable Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
An Adaptive Approach to Modern-day Research Needs
By Form Factor:
- SFF and SFP
- SFP+ and SFP28
- QSFP, QSFP+, QSFP14, and QSFP28
- CFP, CFP2, and CFP4
- 850 nm Band
- 1310 nm Band,
- 1550 nm Band
By Data rates:
- Less Than 10 Gbps
- 10 Gbps to 40 Gbps
- 41 Gbps to 100 Gbps
- More Than 100 Gbps
By Fiber Type
- Less than 1Km
- 1 Km to 10 Km
- 11 Km to 100 Km
- More Than 100 Km
- Data Center
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
- East Asia
- China, Japan, South Korea
- South Asia
- India, Thailand, Malaysia, Indonesia and Rest of South Asia
- Australia and New Zealand
- Middle East and Africa
- GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
- North America
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, 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 market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
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Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
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