Active Optical Cable Market Forecast to Reach $2624.27 Million by 2025 Requirement of High-Speed Data Connectivity Across Audio or Video Devices, Online Gaming, and Many Others are also Creating a Positive Impact on the Growth of Active Optical Cable Market.
BriefingWire.com, 12/21/2020 - Global Active Optical Cable Market is forecast to reach $2624.27 million by 2025, growing at a CAGR of 18.47% during the forecast period 2020-2025. Active Optical Cables refer to a cabling technology which utilizes optical fiber for improving the speed and distance performance of the cables between the connectors. Due to the compact and lightweight designs of these cables, they have been able to gain high popularity across various industries including telecom, data centers, aerospace and defense with many others as compared to traditional copper-based cables. Increasing demand for active optical cables across data centers as well as adoption of o