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Report explores the optical interconnect market growing at a 5.43% CAGR by 2022

Industrial Market Research

Optical Interconnect market report considers the revenue generated from the sales of optical interconnect.

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The analysts forecast global optical interconnect market to grow at a CAGR of 5.43% during the period 2018-2022. Key players in the global optical interconnect market: CORNING, Finisar, FURUKAWA ELECTRIC, Fujikura, Sumitomo Electric Industries.

According to the report, one of the major drivers for this market is Adoption of cloud database. The database consists of multiple servers that keep the data available for end-users.

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Databases store data in a digital format. On the other hand, the cloud is an effective storage medium, and the data stored on the cloud can be easily accessed.

Commercial enterprises require very high storage capacity and need to access information and data from any location.

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The latest trend gaining momentum in the market is Use of fiber optical interconnect for next generation undersea telecommunication systems. Under the sea, telecommunications occur via fiber optic cables that are laid in trenches on the seabed.

These communications are not new but are still subject to many issues such as cable damage by sharks and ship anchors. As a result, the use of a single fiber for such extensive connections is not a feasible option.

Therefore, there is a need for interconnects that can split and combine the light source for easier transmission. There will be a need for more number of interconnects to meet this growing demand for the growing number of optic fibers sustaining future Internet requirements.

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An optical interconnect act as an interface between fiber and optical equipment. Fiber optical interconnect provide physical connections between several components through which communication is established.

Market driver
- Adoption of cloud database
- For a full, detailed list, view our report

Market challenge
- Complex installation process
- For a full, detailed list, view our report

Market trend
- Use of fiber optical interconnect for next generation undersea telecommunication systems
- For a full, detailed list, view our report

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