NA and APAC High Speed Copper Cable Market
NA and APAC High Speed Copper Cable Market is growing at a CAGR of 6.7% to reach US$ 6.80 Billion by 2031 from US$ 4.05 Billion in 2023 by Type, Application , Bandwidth , End Users.

Published On: Oct 2024

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NA and APAC High Speed Copper Cable Market

According to our latest study on "NA And APAC High Speed Copper Cable Market Size and Forecast (2021–2031), Regional Share, Trends, and Growth Opportunity Analysis – by Type, Application, Bandwidth, End-users and Geography," the NA And APAC High Speed Copper Cable Market size was valued at US$ 4.05 billion in 2023 and is expected to reach US$ 6.80 billion by 2031. The NA And APAC High Speed Copper Cable Market is estimated to record a CAGR of 6.7% from 2023 to 2031. The report includes growth prospects owing to the current NA And APAC High Speed Copper Cable Market trends and their foreseeable impact during the forecast period.

Growing Construction of Hyperscale Data Centers to Provide Lucrative Opportunities for NA And APAC High Speed Copper Cable Market Growth During Forecast Period

The ever-increasing demand for data storage is fueling the need for more hyperscale data centers in North America and Asia Pacific. In addition, the growing adoption of advanced technologies such as automation, artificial intelligence (AI), data analytics, data processing, data storage, and other big data computing applications is encouraging organizations to construct more hyperscale data centers. A few examples of hyperscale data center projects in North America and Asia Pacific are mentioned below:

  • In June 2024, Stream Data Centers, an industry leader in delivering exceptional data center experiences to global enterprise and hyperscale customers, announced its groundbreaking of a new 135-acre hyperscale campus in San Antonio, Texas. The campus will ultimately support up to 5 buildings and ~1.5 million square feet of data center space, supporting 200 MW of IT capacity at full build.
  • In June 2024, Digital Realty and Blackstone Inc. announced that Blackstone-affiliated funds led by Infrastructure, Real Estate and Tactical Opportunities plan to establish a joint venture with Digital Realty to develop four hyperscale data center campuses across three metro areas in Europe and North America. The developments will support approximately 500 megawatts (MW) of total IT load upon full build-out of all campuses.
  • In May 2024, ESR Group Limited announced its plan to develop its fourth data center site in Japan, a 60MW project in Ariake, Koto-Ku, Central Tokyo. The construction of the new Ariake data center will commence in Q2 2026 and is expected to be ready for service by Q4 2028.
  • In February 2024, ODATA announced its plan to expand operations in Mexico. The company has started to build two new hyperscale data center campuses in the region—QR02 and QR03—reinforcing its presence and commitment to the Mexican market. The DC QR02 campus is located in the state of Guanajuato and will have a capacity of 30 MW. The DC QR03 campus is in the city of El Marqués, located in the center of the country and 221 km from Mexico City. The latter will be the largest data center campus in Mexico, with an installed capacity of 150 MW.

Hyperscale data centers require high speed copper cables as they provide unparalleled speed, cost-efficiency, and reliability. Also, these cables seamlessly integrate with switches, routers, and servers and ensure flexibility in network design and device integration. Thus, the growing construction of hyperscale data centers is expected to create lucrative opportunities for the NA and APAC high speed copper cable market growth during the forecast period.

NA And APAC High Speed Copper Cable Market Report: Key Findings

The NA And APAC High Speed Copper Cable Market analysis is based on segmental assessment. Based on type, the market is categorized into direct attach copper (DAC) cable, active electrical cable (AEC), active copper cable (ACC), and others. By application, the market is segmented into switch to switch interconnect, switch to server interconnect, and server to storage interconnect. Based on bandwidth, the market is categorized into 56G, 112G, and 224G and above. Based on bandwidth, the market is categorized into data center, telecommunication, networking, high performance computing, and others.

The data center segment held the largest NA And APAC High Speed Copper Cable Market share in 2023. High speed copper cables are essential components in data centers, providing the necessary bandwidth and performance to support modern computing and storage needs. High speed copper cables enable rapid data transfer between servers, storage systems, and network devices, which is essential for handling large volumes of data and maintaining efficient data processing. For example, DSC cables are used for short-range connections between switches and servers or between switches. DAC cables are cost-effective for data rates up to 400G and are often used in the same rack or between adjacent racks. High speed copper cables in data centers are essential for meeting the demands of modern applications. Also, these cables provide fast, reliable, and scalable connectivity. They support efficient data transmission, low latency, and high performance while offering cost-effective and future-proof solutions. Their use is crucial for maintaining optimal data center operations and supporting the growing demands for bandwidth and performance.

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