According to a new report, published by KBV research, The Global SerDes Market size is expected to reach $2 billion by 2031, rising at a market growth of 13.7% CAGR during the forecast period.
Modern high-speed communication systems require a serializer deserializer (SerDes) to transform parallel data into a serial (one-bit) stream. It reduces the difficulty and expense of creating vast parallel data buses while facilitating numerous point-to-point data transfers. Data centers, where the throughput exceeds 100 Gbps, are the main source of demand for SerDes. The demand for SerDes, which can operate at gigabit-per-second and terabit-per-second data speeds, will increase as technology develops and requires greater capacity and improved signal integrity.
The Stand-alone SerDes segment is registering a CAGR of 13.3 % during the forecast period. SerDes devices offer versatility and can be integrated into various systems and applications. This flexibility makes them suitable for a wide range of industries, including data centers, telecommunications, automotive, and consumer electronics. Also, stand-alone SerDes devices are designed to offer high-performance data transmission.
The Data Centers segment led the Global SerDes Market by Application in 2023; thereby, achieving a market value of $1.1 billion by 2031. Data centers require rapid data transfer rates to handle large volumes of data efficiently. SerDes technology enables high-speed data transmission by converting parallel data into a serial format for transmission and then back into parallel format at the receiving end. This high-speed capability is essential for meeting the performance demands of modern data centers. SerDes allows for more efficient use of available bandwidth.
The Short Reach segment is growing at a CAGR of 13.3 % during the forecast period. Short-reach SerDes technology is essential for high-speed data communication within data centers and cloud computing environments. High-speed connectivity solutions are becoming increasingly important in data centers due to the growing demand for cloud services and storage.
Full Report: https://www.kbvresearch.com/serdes-market/
The North America region dominated the Global SerDes Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $702.7 million by 2031. The Europe region is anticipated to grow at a CAGR of 13.3% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 14.6% during (2024 - 2031).
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