Overview

Global direct attach cable market to value over USD 14.1 billion by 2029 end and register a CAGR of over 34% from 2020 to 2027.

The increasing approval of direct attach cables (DACs) for data storage in order to meet the requirements of high density and high bandwidth applications or devices such as Wi-Fi routers and broadband modems are key factors driving the market growth. Moreover, the rising usage of the internet globally is also driving market demand. However, the high threat of replacement of DACs with wireless broadband and fiber optic cables are factors that restrain the market growth. Whereas, increasing focus on innovating reliable high-speed products by keeping low cost is expected to drive the market growth over the forecast period.

However, the high costs related to the set-up of optical cable networks, as well as the costly raw materials used in the manufacture of optical cables and the high cost of optical fiber hamper the growth of the market. Also, the continuous R&D activities managed by the manufacturers in order to assemble next-generation AOCs and transceivers to meet the developing requirements of data centers is an expensive process, which delays the market growth over the forecast period.

North America is expected to dominate the global market over the forecast period, mainly due to soaring demand for higher bandwidth speeds in high-performance computing centers as well as a consistent increase in data centers.

Major firms operating in the market include Arista Networks, Inc.; Cisco Systems, Inc.; Cleveland Cable Company; Hitachi, Ltd.; Juniper Networks; Methode Electronics; Molex, LLC; Nexans; Panduit; ProLabs Ltd; Solid Optics; The Siemon Company; 3M; Avago Technologies Ltd; Emcore Corporation; FCI Electronics; Finisar Corporation; Shenzhen Gigalight Technology Co., Ltd; Sumitomo Electric Industries, Ltd; and TE Connectivity Ltd.

Recent developments in the market are, in 2019, the AOC segment accounted for the huge market share. It is expected to dominate in the forecast period owing to the increasing need for bandwidth requirements of high-performance computing centers and surge in the establishment of data centers. AOCs are also used in hyper-scale builders and storage subsystems, which run 10G or 25G from a Top-of-Rack switch to subsystems.

The Cx4 and CXP segments are anticipated to grow at a steady rate over the forecast period. In 2019, QSFP accounted for the largest market share. The pluggable products can operate even in extreme conditions, such as high-temperature data centers.

direct attach cable market

Direct Attach Cable by Product Type

Direct Attach Copper Cables
Passive Direct Attach Copper Cables
Active Direct Attach Copper Cables
Active Optical Cables

Direct Attach Cable by Form Factor

QSFP
SFP
CXP
Cx4
CFP
CDFP

Direct Attach Cable by End-user

Networking
Telecommunications
Data Storage
High-Performance Computing (HPC) Centers (HPCs)
Others

By Region:

Europe
North America
APAC
Latin America
Rest of World

Competitive Landscape:

Tier 1 players- established companies in the market with a major market share
Tier 2 players
Emerging players which are growing rapidly
New Entrants

FutureWise Takeaways

Growth prospects
SWOT analysis
Key trends
Key data points affecting market growth

Objectives of the Study:

To provide an exhaustive analysis on the global direct attach cable market by product type, by form factor, by end-user and by region
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the rest of the world
To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials and core competencies