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Active Optical Cable Market Size to Grow USD 10400 Million by 2029 at a CAGR of 23.9% | Valuates Reports

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BANGALORE, India, Oct. 1, 2024 /PRNewswire/ — Active Optical Cable Market is Segmented by Type (InfiniBand, Ethernet, HDMI, USB, DisplayPort), by Application (Data Center, Consumer Electronics, High-performance Computing (HPC), Digital Signage): Global Opportunity Analysis and Industry Forecast, 2023-2029.

The Global Active Optical Cable Market Revenue was USD 2283.8 Million in 2022 and is forecast to a readjusted size of USD 10400 Million by 2029 with a CAGR of 23.9% during the forecast period (2023-2029).

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Major Factors Driving the Growth of Active Optical Cable Market:

The global active optical cable (AOC) market is experiencing significant growth, driven by the rising demand for high-speed data transmission in data centers, telecommunications, and consumer electronics. Active optical cables are designed to transmit data over long distances at higher speeds, using optical fiber and electrical components. These cables are becoming increasingly popular due to their ability to handle large volumes of data while reducing power consumption and maintaining signal integrity. The increasing adoption of AOCs in data centers and high-performance computing (HPC) environments is a key factor fueling market growth, as businesses require faster and more reliable data transmission solutions. Additionally, the rapid growth of cloud services, artificial intelligence (AI), and machine learning (ML) applications is pushing demand for high-bandwidth communication systems, further boosting the AOC market. The demand for video streaming, gaming, and 4K/8K resolution content is also contributing to the growing adoption of active optical cables in the consumer electronics sector. With technological advancements and the expansion of digital infrastructure, the AOC market is poised for sustained growth.

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TRENDS INFLUENCING THE GROWTH OF THE ACTIVE OPTICAL CABLE MARKET:

InfiniBand technology is a major driver of the active optical cable (AOC) market, particularly in high-performance computing (HPC) and data center environments. InfiniBand provides low-latency, high-bandwidth data transmission, making it ideal for connecting servers, storage systems, and networking devices. Active optical cables, when combined with InfiniBand technology, offer the performance required for high-speed data transfer over long distances. As the demand for faster and more efficient data transmission in HPC applications increases, the adoption of AOCs with InfiniBand is growing. This trend is driving the expansion of the AOC market, especially in industries that rely on high-performance computing.

Ethernet technology is also playing a significant role in driving the growth of the active optical cable market. AOCs are increasingly being used in Ethernet-based networks, particularly in data centers and enterprise networks where high-speed data transmission is crucial. Ethernet protocols, such as 40GbE, 100GbE, and beyond, require reliable, low-latency connections that AOCs can provide. As businesses and cloud service providers continue to expand their digital infrastructure to support high-speed data traffic, the demand for Ethernet-based AOCs is rising. The growing deployment of Ethernet networks in data centers and telecommunications is expected to further boost the AOC market.

The increasing demand for high-bandwidth communication systems in data centers is one of the primary factors driving the growth of the active optical cable market. Data centers require fast and reliable connections to manage the ever-growing volume of data generated by cloud services, big data analytics, and online applications. Active optical cables provide the necessary speed and bandwidth to support these requirements, enabling faster data transfer and improved network performance. The rise of hyperscale data centers, which handle vast amounts of data across multiple servers, is further driving the adoption of AOCs in these facilities, as they offer high-speed connectivity with minimal signal loss.

The expanding use of high-performance computing (HPC) systems in industries such as research, aerospace, automotive, and defense is driving the growth of the active optical cable market. HPC systems require high-speed, low-latency connections to process large datasets and perform complex simulations. Active optical cables are ideal for these applications, as they provide fast, reliable data transmission over long distances with minimal signal degradation. The increasing use of HPC systems for scientific research, financial modeling, and weather forecasting is pushing the demand for AOCs, as these industries require high-bandwidth communication solutions to support their computational needs.

The consumer electronics sector is also contributing to the growth of the active optical cable market. AOCs are being increasingly used in high-definition multimedia applications, such as 4K/8K video streaming, gaming consoles, and virtual reality (VR) devices, where high-speed data transfer and minimal latency are critical. As consumers demand more immersive and interactive experiences, the need for faster, more reliable data transmission solutions is growing. AOCs are well-suited for these applications, as they can handle large amounts of data with low power consumption and high efficiency. The growing popularity of smart TVs, home theaters, and gaming systems is expected to drive further demand for AOCs in consumer electronics.

The demand for energy-efficient communication solutions is another key factor driving the active optical cable market. AOCs consume less power compared to traditional copper cables, making them an attractive option for data centers and enterprises looking to reduce their energy consumption and operational costs. The growing focus on sustainability and the need to reduce the carbon footprint of data centers is pushing companies to adopt more energy-efficient interconnect solutions. As businesses prioritize energy efficiency and environmental sustainability, the demand for active optical cables that offer low power consumption and high performance is expected to increase.

The healthcare industry is increasingly adopting active optical cables for medical imaging and diagnostic applications, where high-resolution images and real-time data transfer are critical. AOCs are used in medical imaging devices such as MRI machines, CT scanners, and ultrasound systems to ensure fast, accurate data transmission. The growing demand for advanced medical imaging technologies and telemedicine solutions is driving the need for high-speed communication systems in healthcare facilities. As the healthcare industry continues to digitize and adopt new technologies, the use of AOCs in medical imaging and diagnostics is expected to increase, further boosting the market.

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ACTIVE OPTICAL CABLE MARKET SHARE ANALYSIS

Data Center was estimated to account for a sales share of 43.52% in 2020.

As the largest consumer country, the USA consumed 1524.3 K Units of active optical cables in 2019, accounting for 31.19% of the global total.   In North America, the United States dominates the market, driven by the growing demand for high-performance computing, data center expansion, and the rollout of 5G networks.

China is the second important consumer country, with consumption accounting for 12.16% of the global population in 2019. The Asia-Pacific region is experiencing rapid growth, particularly in China, Japan, and South Korea, where investments in digital infrastructure and telecommunications are driving the demand for AOCs.

The Key players operating into Global active optical cables Market are II-VI (Finisar), Siemon, Broadcom, Mellanox Technologies and Amphenol ICC, etc. II-VI (Finisar) and Siemon are the two players with the largest sales share, occupying 11.23% and 10.38% of the market share in 2019, respectively.

Key Companies:

AOCII-VI(Finisar)SiemonBroadcomMellanox TechnologiesAmphenol ICCMolexOptomindFiberon TechnologiesLeoniHitachi-cableFujikuraSumitomo ElectricShenzhen GigalightSoptoEverPro Technologies

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–  Consumer Active Optical Cable Market

–  Direct Attach Cable and Active Optical Cable Market

–  Active Optical Cable (AOC) & Direct Attach Cables (DAC) market was valued at USD 1987.2 Million in 2023 and is anticipated to reach USD 5809.2 Million by 2030, witnessing a CAGR of 16.5% during the forecast period 2024-2030.

–  Active Optical Cable and Extender Market

–  Fiber AOCs Market

–  Optical Data Cable Market

–  Fiber Optics Market revenue was USD 9960.3 Million in 2022 and is forecast to a readjusted size of USD 16950 Million by 2029 with a CAGR of 7.8% during the forecast period (2023-2029).

–  DisplayPort Cables Market

–  Fast Connector Market

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Technology

MOSTLY AI Launches Synthetic Text to Overcome AI Training Plateau and Unlock High-Value Proprietary Data

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As the world runs out of public data to train AI, the new functionality safely unlocks proprietary text data to accelerate LLM development for the deployment of high-quality generative AI solutions

VIENNA and NEW YORK, Oct. 1, 2024 /PRNewswire/ — MOSTLY AI, a pioneer in structured synthetic data, has launched a synthetic text functionality, expanding the power and potential of synthetic data to train AI models as global entities struggle to leverage proprietary data assets because of privacy concerns. With this new functionality, enterprises can unlock the vast amount of proprietary text collected, such as emails, customer support transcripts, and chatbot conversations, without compromising privacy, to train and fine-tune large language models (LLMs) for faster innovation and better decision-making.

“Today, AI training is hitting a plateau as models exhaust public data sources and yield diminishing returns,” said Tobias Hann, CEO of MOSTLY AI. “To harness high-quality, proprietary data, which offers far greater value and potential than the residual public data currently being used, global enterprises must take the leap and leverage both structured and unstructured synthetic data to safely train and deploy forthcoming generative AI solutions.” 

By 2026, Gartner predicts that 75% of companies will use generative AI to create synthetic customer data, up from less than 5% in 2023. MOSTLY AI is enabling this mass adoption by expanding its platform to include synthetic text, which solves three major enterprise challenges today:

Real text data often contains sensitive information, such as personally identifiable information (PII), posing a risk of unintended exposure when used in LLMs.The available text data may not be optimal for LLM training as it often lacks diversity, and manually creating this specialized data is labor-intensive and can yield low-quality results.Companies are shifting focus from public to proprietary data. However, text data is never standalone; it comes intertwined with other structured data about their customer base.

Synthetic data is set to become the driving force behind LLMs. Leveraging advanced tools to unveil deep insights hidden in proprietary data is paramount for strategic, informed decision-making across operations. MOSTLY AI provides companies with a synthetic representation that reflects both the text and the structured insights they hold. By uniquely integrating structured and unstructured data, MOSTLY AI enables enterprises to safely create a complete and statistically accurate picture of their proprietary data assets to fine-tune and deliver high-quality, bespoke generative AI solutions in a safe and compliant way.

In addition to safety and compliance, a critical factor to consider with synthetic text is its quality. When training a downstream text classifier, synthetic text generated by the MOSTLY AI Platform delivers performance improvement as much as 35% compared to text generated by prompting GPT-4o-mini providing either no or just a few real-world examples. This significant boost demonstrates MOSTLY AI’s ability to produce high-quality, impactful synthetic data.

With this launch, enterprises can take any model from Hugging Face and fine-tune it with proprietary text data to generate synthetic data, streamlining a process that is typically complex and time-consuming. This innovation by MOSTLY AI makes it extremely convenient for large organizations to harness the power of creative, private, high quality synthetic text.

“Being able to seamlessly leverage open source models like our own Viking-7B on MOSTLY AI’s platform underlines the transformative potential of synthetic data,” said Peter Sarlin, CEO of Silo AI. “With the ability to privacy-preserving fine-tune models using proprietary text data, we’re moving beyond the sheer quantity of data to a focus on quality, which is critical for the future of AI training.”

“Bringing almost a decade of deep technical expertise, MOSTLY AI delivers superior quality and reliability, and is backed by a highly experienced team and industry-leading technological excellence,” said Christoph Hornung, Partner at Molten Ventures, investor in MOSTLY AI. “With the platform’s expansion into synthetic text, MOSTLY AI is well-positioned to support any enterprise with its sensitive data and LLM needs.”

Founded in 2017, MOSTLY AI works with global enterprises and partners including AWS, Databricks, O2 Telefónica, and more. To learn more about the company’s synthetic text functionality or get in touch with the team, please visit mostly.ai.

About MOSTLY AI
MOSTLY AI pioneered the creation of synthetic data for AI model development. Datasets generated by the MOSTLY AI platform look just as real as a company’s original customer data with just as many details, but without the original personal data points – helping companies comply with privacy protection regulations such as GDPR and CCPA. The fast-growing company currently works with multiple Fortune 100 insurers and banks in Europe and North America. Its team has the deepest expertise in helping companies get business value out of synthetic data.

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Contracts to Payments Simplified, with Integrated Contract, eSignature, Invoice & Document Management Solution

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SUNNYVALE, Calif., Oct. 1, 2024 /CNW/ — SutiSoft, a global leader in cloud-based business solutions, proudly announces the launch of its groundbreaking platform that will redefine the way businesses manage contracts. This innovative solution allows users to create contracts, sign electronically, automatically generate invoices, and securely store documents—all within one seamless, user-friendly interface.

Modernizing Contract Management

In today’s fast-paced business environment, organizations need solutions that streamline operations, eliminate manual processes, and drive productivity. SutiSoft’s new platform delivers just that—offering a comprehensive, end-to-end solution that automate and simplify critical contract management workflows, from creation to completion – all from a single interface, with unprecedented ease and efficiency.

Key Features

Create Contracts Easily: Draft legally binding contracts using a user-friendly interface that supports customizable templates and workflows, ensuring consistency across agreements.eSign Documents: Close deals faster with secure, legally compliant electronic signatures. The platform ensures seamless signing from multiple parties, with real-time notifications and progress tracking.Generate Invoices Automatically: Once a contract is signed, the system automatically generates corresponding invoices, streamlining payment processes and ensuring precise billing.Store and Manage Documents Efficiently: All documents—from contracts to signed agreements and invoices—are securely stored in a robust Document Management System (DMS), ensuring that only authorized people can access the documents with detailed audit trails. 

“Switching between multiple systems to run your core operations adds layers of complexity, slowing down the process and increasing the chances of errors. We believe these critical workflows shouldn’t be so cumbersome. That’s why we envision a streamlined approach where every step—from contract creation to payment—can be managed effortlessly from a single interface. Our all-in-one platform transforms contract management from a fragmented, time-consuming process into a streamlined, efficient workflow. We’re giving companies the tools they need to operate smarter, save time, and stay competitive in a digital-first world.”

-N.D. Reddy, CEO of SutiSoft.

About SutiSoft

SutiSoft provides a wide range of cloud-based software solutions designed to meet the needs of businesses of all sizes. From eSignature solutions to expense management, CRM, and HR, SutiSoft’s offerings help organizations increase productivity, improve efficiency, and drive growth.

To learn more about SutiSoft’s new contract management platform or request a demo, please visit https://www.sutisoft.com/.

Contact: 
CAROL SLONE
Media Communication
carol.slone@sutisoft.com
(650)969-7884×415

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Teledyne LeCroy Unveils Next-Generation CXL™ 2.0 Device Validation Solution

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OakGate CD280-G5 tests High-Performance, Data-Intensive CXL Memory Devices at Scale

LOOMIS, Calif., Oct. 1, 2024 /PRNewswire/ — Teledyne LeCroy, a global leader in protocol test and measurement solutions, proudly announces the OakGate CD280-G5 CXL validation test solution for PCIe 5.0-based Compute Express Link (CXL) memory expansion devices. This next-generation test solution verifies performance and functionality of CXL 2.0 memory devices, accelerating their time-to-market while ensuring high reliability.

Meeting the Demands of AI and Big Data

The rise of artificial intelligence (AI) and big data is driving the shift towards heterogeneous computing, where multiple processors work in parallel to process vast amounts of data. CXL, an open standard interconnect supported by PCIe 5.0, enables high-speed, low-latency communication between the host processor and devices such as accelerators, memory buffers, and smart I/O devices, expanding memory capacity and bandwidth to new levels of performance.

Ensuring Reliable Performance

Functional and performance validation testing is crucial to ensure CXL memory expansion devices meet the CXL standard prior to their release. The OakGate CD280-G5, designed in collaboration with data center architects as well as memory and chipset manufacturers can reliably ensure the intended performance is met.

“Micron’s collaboration with Teledyne LeCroy has helped mature the CXL compliance test ecosystem, in addition to strengthening our own CXL innovation and efforts to deliver the Micron CZ120 memory expansion module, the industry’s first CXL-compliant device in production,” said Siva Makineni, vice president of Advanced Memory Solutions at Micron. “Teledyne LeCroy’s CXL validation capabilities are playing an important role in ensuring the quality and compliance of our developing CXL 2.0 solutions. The new CD280-G5 CXL Validation Platform is enabling test and validation of advanced features to ensure broader industry adoption of CXL memory solutions.”

Advanced Features for Comprehensive Testing

The OakGate CD280-G5, equipped with the robust Endeavor validation software, offers a rich collection of validation and visualization capabilities, including:

Discovery and enumeration of CXL memory devicesAccess to PCIe and CXL register spacesExecution of common memory traffic patterns and workloadsCustomizable CXL commands via the Passthrough Command ToolBuilt-in security flows utilizing Security Protocol and Data Model (SPDM) over Data Object Exchange (DOE), System Management Bus (SMBus), and PCIe Vendor Defined Messages (VDMs)Power control and sideband testing (#PERST, #REFCLK, #PWRDIS)Launch and execution of CXL.org CXL Validation (CV) Tests

New Enhancements

The latest features packed into the Endeavor software and the CD280-G5 include:

Testing up to 8 EDSFF E.3 or CEM CXL devicesVoltage margining and power/sideband glitchingMemory interleavingAdditional SPDM security flowsProtocol analyzer functionalityBuilt-in test automation

A comprehensive Software Development Kit (SDK) based on Representational State Transfer Application Programming Interfaces (REST APIs) allows users to programmatically control and automate all features, ensuring consistent and repeatable test performance.

Availability

OakGate CXL validation test appliances are available for order now. For more information, contact Teledyne LeCroy at 1-800-5LeCroy (1-800-553-2769) or visit our website at Teledyne LeCroy OakGate CXL Validation Solutions.

About Teledyne LeCroy

Teledyne LeCroy, Inc. is a leading manufacturer of advanced oscilloscopes, protocol analyzers, and other test instruments that verify performance, validate compliance, and debug complex electronic systems quickly and thoroughly. Since its founding in 1964, the company has focused on incorporating powerful tools into innovative products that enhance “Time-to-Insight.” Faster time to insight enables users to rapidly find and fix defects in complex electronic systems, dramatically improving time-to-market for a wide variety of applications and end markets. Teledyne LeCroy is based in Chestnut Ridge, N.Y. For more information, visit Teledyne LeCroy’s website.

Technical contact:

Rob Dobson – Director of Product Mgmt. and Marketing

916-618-2372

Customer contact:

Teledyne LeCroy OakGate Customer Care Center

916-652-5132

Website:

https://teledynelecroy.com/OakGate

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