According to a market report by Lucintel, the future of the global co packaged optic market looks promising with opportunities in the data centers & high-performance computing and telecommunications & networking markets. The global co packaged optic market is expected is expected to grow with a CAGR of 27.1% from 2024 to 2030. The major drivers for this market are expansion of massive data centers and ongoing investments in the establishment of fresh data center facilities.

In this market, less than 1.6 t & 1.6 T, 3.2 T, & 6.4 T are the major segments of co packaged optic market by type.

Lucintel forecasts that less than 1.6 t & 1.6 t is expected to witness the highest growth over the forecast period due to high demand anticipated for applications like data centers, telecommunications, and industrial automation.

Within this market, data centers & high-performance computing is expected to witness the highest growth due to developments in technology.

APAC is expected to witness highest growth over the forecast period due to increasing need for cloud computing, digital services, and online commerce

Broadcom, Molex, Marvell, Ranovus, Ragile Networks, Senko, and Quanta Computer are the major suppliers in the co packaged optic market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com