Active optical cable market report, published by Allied Market Research, was valued at $481.3 million in 2015 and forecasts
that the global market is expected to garner $3,480.7 million by 2022, registering a CAGR of 32.7% during the period 2016–
2022.
AOC protocol includes InfiniBand, Ethernet, HDMI, DisplayPort, USB, and others. Currently, the InfiniBand segment holds
significant share in the overall market, owing to its increasing usage in commercial applications such as data centers and
high-performance computing.
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Among the connector segment, QSFP and CXP accounted for the maximum share in 2015, as they support both the Ethernet and
InfiniBand protocols that are core to any data center. Other than these two connectors, rest all constitute very minimal
share as of now.
AOCs are preferably used in data centers, high-performance computing, personal computers, digital signage, consumer
electronics, and others. In the year 2015, data center contributed the highest revenue share, accounting for around 50% of
the overall market revenue. This segment is expected to maintain its dominant position throughout the forecast period. From
growth perspective, digital signage is expected to be the most prominent application, anticipated to witness the highest
CAGR of 37.3%.
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Geographically, North America is expected to dominate the regional market for AOCs throughout the forecast period, owing to
the increasing demand for higher bandwidth in data centers and HPC applications. Moreover, wide acceptance of these cables
across Asia-Pacific owing to increasing requirement of connectivity improvement and rising number of data centers in
countries, such as China, Japan, and Singapore, is expected to supplement the growth.
Key Findings of Active Optical Cable Market:
InfiniBand protocol segment holds significant share in the global AOC market.
QSFP accounted for a larger share in connector segment in 2015 and is expected to dominate during the forecast period. The
segment is anticipated to lead the market with over 42.9% revenue share.
In the year 2015, data center application contributed the highest revenue share, accounting for around 50% of the overall
market revenue.
Digital signage is expected to be the most prominent application of AOC with highest CAGR of 37.3% during the forecast
period.
In the year 2015, North America held the largest market size.
Asia-Pacific constituted nearly 21.5% of the total market value in 2015 and is projected to grow at the fastest rate.
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Key players in the market are increasingly developing high-quality, affordable, and energy-efficient AOCs to cater to the
growing demands of customers. Furthermore, the market is concentrated, as top five leading players, such as Finisar
Corporation, Avago Technologies, Oclaro, Inc., Viavi Solutions Inc., and Sumitomo Electric Industries, Ltd., occupy around
65% of the overall market. The key strategies adopted by these leading players are product launches, acquisitions,
agreements, and partnerships to strengthen their market position and expand their geographical presence.