Global Co-Packaged Optics Market Size To Exceed USD 2840 Million by 2032 | CAGR of 68.9%Category: Semiconductors & Electronics
Global Co-Packaged Optics Market To Exceed $2840 Million by 2032
According to a research report published by Spherical Insights & Consulting, the Global Co-Packaged Optics Market Size is to grow from USD 15 million in 2022 to USD 2840 million by 2032, at a Compound Annual Growth Rate (CAGR) of 68.9% during the projected period. The rising adoption of fiber optics in various data centers and electronic devices in several industries including data communication, telecommunications, information technology, and others is expected to boost the demand for the co-packaged optics market during the forecast period.
Get more details on this report -
Browse key industry insights spread across 200 pages with 100 market data tables and figures & charts from the report on "Global Co-Packaged Optics Market Size, Share, and COVID-19 Impact Analysis, By Type (Optical Transceiver/Light Engine, and Electric Chip), By Application (Data Communication, Telecommunications, Information Technology, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032". Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/co-packaged-optics-market
Co-Packaged Optics (CPO) or in-package optics (IPO) is a sophisticated hybrid combination of optics and silicon on a single packaged platform intended at tackling next-generation bandwidth and power concerns. CPO combines technology in optical fiber, digital signal processing (DSP), switch ASICs, and cutting-edge packaging and testing to create innovative system solutions for data centers and cloud-based services. Co-packaged optics technology is regarded as a revolutionary installation model for the entire ecosystem, as well as a viable alternative to widely-established pluggable optics. Co-packaged optics is being driven by the rapid growth in the use of electronic devices, as well as a vast volume of data transfer and increased data traffic. Growing internet-based service penetration, as well as growing demand for energy-efficient devices, are likely to fuel demand for the co-packaged optics market in the forecast time frame.
The optical transceiver/light engine segment is dominating the market with the largest revenue share over the forecast period.
On the basis of type, the global co-packaged optics market is segmented into the optical transceiver/light engine and electric chip. Among these, the optical transceiver/light engine segment is dominating the market with the largest revenue share of 68.3% over the forecast period. Lasers in external light sources are used in co-packaged optical transceivers. Co-packaged optics is an emerging technology that overcomes some of the issues that small form factor pluggable optical transceivers bring, such as temperature management, power consumption, bandwidth, and port density.
The telecommunication segment accounted for the largest revenue share of more than 57.2% over the forecast period.
On the basis of application, the global co-packaged optics market is segmented into data communication, telecommunications, information technology, and others. Among these, the telecommunication segment is dominating the market with the largest revenue share of 57.2% over the forecast period. The growth prospects for co-packaged optics technology from the increasing usage of fiber optics in the telecommunications industry are promising, owing to the technology's increasing acceptability in data transfer and communications services.
North America dominates the market with the largest market share over the forecast period.
Get more details on this report -
North America is dominating the market with more than 38.7% market share over the forecast period. This expansion can be linked to a significant increase in internet-enabled gadgets, which has increased demand for high-speed data, shaping the co-packaged optics that enable the high-speed transfer of enormous amounts of data. Asia Pacific, on the contrary, is expected to grow the fastest during the forecast period.
Major vendors in the Global Co-Packaged Optics Market include Cisco, Ayar Labs, Facebook, IBM, Intel, Marvell, Lumentum, Ranovus, Microsoft, Rain Tree Photonics, Broadcom, Ranovus, Rockley Photonics, SABIC, SENKO, TE Connectivity, and many others.
Key Target Audience
- Market Players
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
- On April 2023, RANOVUS Inc., announced the compatibility of AMD Versal adaptive SoCs with the co-packaged Odin® 800G direct-drive optical engine and third-party 800G DR8+ retimed pluggable modules in March 2023. The compatibility demonstration is part of OFC 2023, North America's biggest optical networking event, and demonstrates the adaptability of RANOVUS' Odin® portfolio for AI/ML and communications applications. Odin® optical modules are ideal for next-generation data center designs based on co-packaged optics, near-packaged optics, and pluggable OSFP/QSFP-DD/OSFP XD optical modules.
This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Industrial Display Market based on the below-mentioned segments:
Industrial Display Market, Technology Analysis
Industrial Display Market, Type Analysis
- Rugged Displays
- Open Frame Monitors
- Panel-Mount Monitors
- Marine Displays
- Video Walls
Industrial Display Market, Application Analysis
- Remote Monitoring
- Interactive Display
- Digital Signage
Industrial Display Market, Verticals Analysis
- Automotive & Transportation
- Mining & Metals
- Oil & Gas
- Energy & Power
Industrial Display Market, Regional Analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: firstname.lastname@example.org, email@example.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?