Asia Pacific Pluggable Optics for Data Center Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis
No. of Pages: 163 | Report Code: BMIRE00031791 | Category: Electronics and Semiconductor
No. of Pages: 163 | Report Code: BMIRE00031791 | Category: Electronics and Semiconductor
The Asia Pacific pluggable optics for data center market size is expected to reach US$ 4,351.44 million by 2031 from US$ 1,728.18 million in 2023. The market is estimated to record a CAGR of 12.2% from 2023 to 2031.
The Asia Pacific pluggable optics for data center market is segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The region is projected to grow at a significant CAGR, due to an upsurge in digitalization, development of data centers, and modernization of optical networks, resulting in a rise in the demand for pluggable optics. The Asia Pacific data center market has 801 data centers operated by 192 providers. The largest data center in the region is Goodman: Tsuen Wan West Campus with 225 megawatts. According to Nokia Corporation data published on November 2023, data center operators in region focus on modernizing national optical networks to increase scale, agility and availability. This increases the adoption of pluggable optics in data centers for adjusting different data rates or wavelengths by optimizing performance. According to CBRE South Asia Pvt. Ltd’s report titled ‘Asia Pacific Data Center Trends Q1 2024’, India tops major APAC countries with the highest data center capacity of around 950MW in Asia Pacific (excluding China), overtaking major countries such as Australia, Hong Kong SAR, Japan, Singapore, and South Korea. India is planning to expand its data center capacity to around 850 MW during 2024–2026. Further, the data center sector in the region has witnessed significant investments from global operators, private equity funds, and real estate developers. This supports region in rapid digital transformation and high-speed transmission across Asia Pacific countries.
Key segments that contributed to the derivation of the Asia Pacific pluggable optics for data center market analysis are component and data rate.
High-performance computing (HPC), or supercomputing, is a practice of combining computing power in a way that produces significantly more horsepower than traditional computers and servers. According to IBM, it is more than one million times faster than the fastest commodity desktop, laptop, or server systems. HPC is a method of processing massive amounts of data at extremely high speeds using multiple computers and storage devices. A high volume of calculations in a short amount of time is needed in today’s business landscape for faster operations. Many HPC data centers are linked to large private and public companies that require a lot of computing power. The HPC power helps businesses solve problems that would otherwise be impossible to solve using traditional computing systems.
HPC is about the interconnection of many storage, computing, and networking systems, which generates the need for cost-effective, sustainable, and scalable optical networking solutions. This factor fuels the need for high-bandwidth pluggable transceivers for HPC data centers. Various companies in the region are focused on launching data centers or expanding their facilities to handle HPC workloads.
Based on country, the Asia Pacific pluggable optics for data center market comprises China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. China held the largest share in 2023.
An increase in organizational initiatives and support for creating awareness related to the benefits of pluggable optics—including cost-efficiency, scalability, flexibility, network optimization, interoperability, easy deployment, simplified maintenance, and enhanced network availability—in data centers are contributing to the pluggable optics for data center market growth in China. For instance, in March 2024, Eoptolink Technology Inc., Ltd. participated in OFC 2024 to demonstrate industry 1st 200G per lane LPO 800G optical transceivers. This demonstration supports the company in creating awareness related to the benefits provided by 200G per lane LPO 800G optical transceivers to the data center. Further, 200G per lane LPO 800G optical transceivers are highly suitable for high-performance computing applications such as AI and ML clusters. This increases adoption among businesses focusing on deploying advanced technologies.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 1,728.18 Million |
| Market Size by 2031 | US$ 4,351.44 Million |
| Global CAGR (2023 - 2031) | 12.2% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Component
|
| Regions and Countries Covered | Asia Pacific
|
| Market leaders and key company profiles |
Some of the key players operating in the Pluggable Optics for Data Center Market include Coherent Corp, Nokia Corp, Cisco Systems I, Infinera Corp, Telefonaktiebolaget LM Ericsson, Ciena Corp, Intel Corp, Lumentum Holdings Inc, Juniper Networks Inc, Marvell Technology Inc, Yangtze Optical Fibre and Cable Joint Stock Ltd, and Broadcom Inc among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.
The Insight Partners’ conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis, and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:
The Asia Pacific Pluggable Optics for Data Center Market is valued at US$ 1,728.18 Million in 2023, it is projected to reach US$ 4,351.44 Million by 2031.
As per our report Asia Pacific Pluggable Optics for Data Center Market, the market size is valued at US$ 1,728.18 Million in 2023, projecting it to reach US$ 4,351.44 Million by 2031. This translates to a CAGR of approximately 12.2% during the forecast period.
The Asia Pacific Pluggable Optics for Data Center Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Pluggable Optics for Data Center Market report:
The Asia Pacific Pluggable Optics for Data Center Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Pluggable Optics for Data Center Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Pluggable Optics for Data Center Market value chain can benefit from the information contained in a comprehensive market report.
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