According to a new report, published by KBV research, The Global Direct Attach Cable Market size is expected to reach $88.6 billion by 2031, rising at a market growth of 39.0% CAGR during the forecast period.
The Active Optical Cable segment is experiencing a CAGR of 39.9% during (2024 - 2031). Active optical cables are known for supporting longer distances and higher data rates. They incorporate signal conversion and amplification within the cable, which helps maintain signal integrity over greater distances. This makes them ideal for applications requiring high-speed data transfer across longer spans, such as connecting different data centre sections or between data centres. The growing need for efficient, high-bandwidth connectivity solutions and high-performance computing has significantly driven the adoption of active optical cables.
The Networking segment is leading the Global Direct Attach Cable Market by End Use in 2023; thereby, achieving a market value of $34.1 billion by 2031. The explosion of data traffic, fuelled by the increasing adoption of cloud computing, big data analytics, and the Internet of Things (IoT), has necessitated high-speed data transmission solutions. Direct attach cables offer low-latency and high-bandwidth connectivity, making them ideal for data centers and networking equipment where rapid data transfer is crucial.
The SFP segment would register a CAGR of 38.2% during (2024 - 2031). Additionally, The CXP market is expected to witness a CAGR of 39.9% during (2024 - 2031). The SFP (Small Form-factor Pluggable) form factor is widely used in telecommunications and data communications due to its compact size, versatility, and support for various communication standards, including Ethernet, Fibre Channel, and SONET. The hot-swappable nature of SFP modules allows for easy upgrades and maintenance without disrupting network operations, making them a preferred choice for many organizations.
Full Report: https://www.kbvresearch.com/direct-attach-cable-market/
The North America region dominated the Global Direct Attach Cable Market by Region in 2023; thereby, achieving a market value of $29 billion by 2031. The Europe region is expected to witness a CAGR of 38.5% during (2024 - 2031). Additionally, The Asia Pacific region would exhibit a CAGR of 39.7% during (2024 - 2031).
By Type
By End Use
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