Fiber Optic Components Market Is Expected To Grow At A CAGR Of Over 10% By 2024 | TechSci Research

Fiber Optic Components Market
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According to TechSci Research, Global Fiber Optic Components Market is expected to reach USD 27.73 Billion by 2024, witnessing growth at a CAGR of over 10%, in value terms, owing to rising technological advancements in cloud computing and increasing use of high-speed broadband networks in telecom, virtualization and big data applications. Moreover, growing security concerns of the large data generated and the rising internet traffic will propel the Global Fiber Optic Components Market further. Based on type of the Fiber Optic Components market, the transceiver segment is expected to lead the market due to its applications like high-speed data transmission and better interconnect capability. Based on the applications, communication segment holds the largest share and is expected to maintain its position in the next five years due to growing trends in broadband and big data management. Asia-Pacific is projected to grow at the fastest rate during the forecast period, due to rising industrial and infrastructural development in constituent countries such as India and China.

Years considered for this report:

Historical Year : 2014 – 2017

Base Year : 2018

Estimated : 2019

Forecast : 2020 – 2024

Objective of the Study:

  • To analyse and forecast the market size of Global Fiber Optic Components Market, in terms of value.
  • To classify and forecast Global Fiber Optic Components Market based on type, data rate, application and regional distribution.
  • To identify drivers and challenges for Global Fiber Optic Components Market.
  • To examine competitive developments such as expansions, mergers & acquisitions, etc., in Global Fiber Optic Components Market.
  • To conduct the pricing analysis for Fiber Optic Components Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of Global Fiber Optic Components Market.

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Some of the leading players in the Global Fiber Optic Components market are IBM, Aspera Technologies, Oracle, Cherwell Software, Flexera Software, DXC Technology, Quest Software, Snow Software, Gemalto, Servicenow, etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Optic Fiber Components manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the Optic Fiber Components manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the components, application areas, deployment models, distribution channels and presence of all major Optic Fiber Components manufacturers across the globe.

TechSci Research calculated the market size of Global Fiber Optic Components using a bottom-up approach, where value sales data for Fiber Optic Components market was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Fiber Optic Components Manufacturers
  • Fiber Optic Components Suppliers
  • Traders and Distributors
  • Research organizations and consulting companies.
  • System Integrators
  • Market research and consulting firms.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as Optic Fiber Components manufacturers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Fiber Optic Components market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Type:
    • Cables
      • Single-Mode
      • Multimode
    • Active Optical Cables
    • Amplifiers
      • Erbium-Doped Fiber Amplifiers
      • Fiber Raman Amplifiers
      • Semiconductor Optical Amplifiers
    • Splitters
    • Connectors
      • LC Connectors
      • Connectors
    • Circulators
    • Transceivers
      • SFF and SFP
      • SFP+ and SFP28
      • QSFP, QSFP+, QSFP14, and QSFP28
      • CFP, CFP2, and CFP4
      • XFP
      • CXP
    • Others
      • Fiber Optic Filters
      • Fiber Optic Attenuators
      • Fiber Optic Multiplexers
      • Fiber Optic Aggregators
  • Market, By Data Rate:
    • 10g
    • 40g
    • 100g
    • Above 100g
    • Others
  • Market, By Application:
    • Distributed Sensing
      • Temperature Sensing
      • Acoustic Sensing
      • Other Sensing Applications
    • Analytical and Medical Equipment
    • Lighting
    • Communications
      • Telecommunications
      • Data Centers
      • Enterprise
  • Market, by Region:
      • Asia-Pacific
        • China
        • India
        • Japan
        • South Korea
        • Australia
        • Singapore
        • Malaysia
      • Europe
        • France
        • Germany
        • United Kingdom
        • Italy
        • Spain
      • North America
        • United States
        • Mexico
        • Canada
      • South America
        • Brazil
        • Argentina
        • Colombia
      • Middle East and Africa
        • South Africa
        • Saudi Arabia
        • UAE
        • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Fiber Optic Components Market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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