High-Speed Interconnects Market Future Outlook, COVID-19 Impact Analysis, Forecast - 2031
The global high-speed interconnect market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). It deals with high-performance computer connectivity, stacks of data, along storage of information. High-speed interconnects perform all these operations by combining the adapter, cabling media, and transceiver as one assembly. The market growth is majorly attributed to the advantages it offers including the low cost, short distance, small cable bend radius, high density, coupled with the low power consumption.
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Another major factor propelling the market growth includes the outbreak of coronavirus where the work from home trend has resulted in the demand for high bandwidth consumption for sharing and transferring data. The use of business data and personal communications were rapidly driven online that further focused on data centers driving the high-speed data. Data centers are the pillars supporting collaborative software for business, internet traffic, and maintaining data security. This, in turn, had propelled the demand for high-speed interconnects
Some key players operating in the market include Cisco Systems, Inc., Broadcom Corp., Intel, Inc., and Leoni AG, among others. These players are focusing on strengthening their position in the market by adopting strategies such as mergers and acquisitions, partnerships, collaborations, new product launches and development in the existing product portfolio, etc. For instance, in March 2021, Cisco Systems, Inc., acquired Acacia Communications, Inc., an optical networking telecommunication technology company. Acacia produces a wide range of high-speed interconnects technologies for several applications across the data centers, metro, and undersea networks.
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Market Coverage
o By Type
o By Deployment Model
o By End-User
o By Application
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Global High-Speed Interconnects Market Report Segmentation
By Type
By End-User
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