Report ID: UCMIG45O2003
Report ID:
UCMIG45O2003 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The growing demand for consumer electronics worldwide is one of the main factors behind the growth of the market. Accordingly, the increasing demand for active optical cables with thinner and lighter designs is driving the market growth due to the miniaturization of consumer electronics that offers displays with high video resolution. In addition, several technological advances, such as the introduction of Network Functions Virtualization (NFV) and Software Defined Networking (SDN), which help to reduce network power consumption and improve network hardware lifecycles, are providing significant impetus to the growth of the market. Furthermore, the widespread adoption of active optical cables minimizes errors due to their enhanced virtualized connectivity and cost-efficiency is positively impacting the growth of the market. Other factors, such as the significant growth in the telecom industry and the implementation of various government initiatives to improve the infrastructure of the network, make for a positive market outlook.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Semiconductors by segment aggregation, the contribution of the Semiconductors in Semiconductors & Semiconductor Equipment and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG45O2003