High-Speed Interconnects Market size was valued at USD 4.41 Billion in 2023 and is anticipated to reach USD 15.58 Billion by the end of 2036, expanding at around 10.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of high-speed interconnects is assessed at USD 4.81 Billion. The growth in the market is propelled by the surge in the number of data centers. Currently, there are about 7999 data centers globally. Moreover, there has been a surge in the construction of large-scale and mega-data centers which is also estimated to boost the market demand. Since these data centers require more sophisticated data management tools as well as the architecture, complexity, and configuration of these massive buildings.
Furthermore, high-speed connector and cable assembly vendors are constantly creating new technologies to meet the demands of modern data centers. Thus, increasing the demand for greater signal speeds, higher bandwidth, and higher-density interconnections.
Author Credits: Abhishek Verma
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