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Companies in the fiber optic connectors market are relying on the rapidly growing 5G networking infrastructure to keep businesses running during and post the COVID-19 era. This explains why analysts at TMR predict that the fiber optic connectors market is projected to clock a favorable CAGR of 7.5% during the assessment period.
A new wave of high-speed coherent optical components are expected gain widespread adoption in 2021, according to Dell’Oro analyst Jimmy Yu.
While vendors like Nokia, Ciena, and Infinera have been teasing faster and faster optics for years, Yu noted in a blog post that the optical transport market is a research and development heavy industry, with multi-year product cycles. “Grand ideas and proof of concepts announced years ago steadily build toward commercialization and main stream adoption over the course of a few years,” he wrote.
Yu said several long-hyped optical technologies, including those offering higher line rates up to 800 Gb/s, are likely reach the market in 2021.
According to Market Analyst at AMA, the Global Structured Cabling market may see a growth rate of 7.3%. Factors boosting the global structural cabling market include growing demand for high bandwidth, the expansion and modernization of communication infrastructure and the upsurge in the demand for Power over Ethernet.
When the lockdown is relaxed, we are likely to see changes to both our working practices and adjustments to our workplaces. This may include continued remote working, or a partial return to the workplace incorporating modified schedules or shift working. Some people will avoid their previous commute by working from suburban or branch offices outside city centers or utilizing local flexible/serviced office providers. At least temporarily, office occupation densities will be reduced, initially managed by seating policy and behavior rather than more expensive desk reconfiguration. Video calls will continue to replace many meetings and most business travel.
The coronavirus pandemic may have put many investment plans on hold, but it has also highlighted the global drive to sustainable living in energy-efficient cities. COVID-19 and the economic slowdown from the measures to contain it have had many national and local governments think about building back a better future, one that involves intelligent use of energy resources.
Schneider Electric and Cisco have formed a technology partnership designed to help accelerate technology advances in smart buildings. Working together, the two companies have developed, tested and validated designs that help connect building management systems to an Internet Protocol (IP) network..
The Global IoT Infrastructure Market is accounted for $19.65 billion in 2020 and expected to grow at a CAGR of +30% to reach $223.05 billion by 2028.
The world of commercial real estate has already embraced the smart building concept, where multiple in-building systems converge and communicate over a single fiber/power infrastructure to optimize operations, sustainability and tenant experience. Now the coronavirus crisis is demanding new and enhanced smart technologies to keep people healthy and productive post-lockdown.
A recent study from Data Bridge Market research ‘Single Mode Fiber Optic Market Research Report” provides a detailed analysis of industry and its impact based on applications and on different geographical regions, strategically analyses the growth trends, future prospects. The report provides specific and up to date information about the consumer’s demands, preferences, ideas and their varying liking about particular product.
