North America Pluggable Optics for Data Center Market Size and Forecast (2021 – 2031)

North America Pluggable Optics for Data Center Market Size and Forecast (2021 – 2031)

North America Pluggable Optics for Data Center Market Size and Forecast (2021 – 2031), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Switches, Routers, and Servers), Data Rate (100–400 Gb/s, 400–800 Gb/s, and 800 Gb/s and Above), and Geography

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The North America pluggable optics for data center market size was valued at US$ 2.09 billion in 2023 and is expected to reach US$ 4.99 billion by 2031. The market is estimated to record a CAGR of 11.5% from 2023 to 2031. Rising adoption of the Internet of Things (IoT), increasing need for storage for massive amounts of data, and growing digitalization are increasing the demand for data centers. It is an excellent data storage solution that provides companies with fast and secure access to vast data. The benefits offered by data centers, such as centralized data management, scalability, and security, encourage businesses to adopt these solutions to achieve a data-driven business landscape. Thus, several companies are investing in the development of data centers in North America. According to Linklaters, North America has maintained its lead in data center transaction values, accounting for an impressive 62% of the global total in 2023 and 69% of investments through April 2024, totaling US$ 15 billion, with the US accounting for the largest share of the total. A few instances are mentioned below. In February 2024, NTT DATA—a global digital business and IT services leader—announced that TC Global Investments Americas LLC (a group company of Tokyo Century Corporation) invested in NTT Global Data Centers’ American data center business in Chicago, Illinois, a group company of NTT DATA, to cater to continuous demand for cloud services and the broader use of generative AI and other technologies.

In terms of CAGR, Mexico held a significant CAGR over the forecast period. The pluggable optics for data center market in Mexico has been experiencing significant growth and transformation, driven by a combination of economic, technological, and infrastructural factors. In recent years, Mexico has emerged as a significant hub for data center operations in Latin America, owing to its strategic position, vast population, and increasingly digital economy. Mexico’s closeness to the US, along with the rising demand for cloud services and data storage from both domestic and foreign businesses, has made the country an appealing location for data center investments. One of the key drivers for the data center industry in Mexico is the rapid increase in internet penetration and the expansion of digital services. With over 80 million internet users, the need for dependable and efficient data storage and processing capacities has increased. This need is fueled by the widespread adoption of cloud computing, big data analytics, artificial intelligence, and the Internet of Things (IoT). Companies in a variety of industries, including banking, healthcare, retail, and manufacturing, are increasingly depending on digital solutions to improve their operations, necessitating the growth of data center infrastructure.

Coherent Corp, Nokia Corp, Cisco Systems Inc, Infinera Corp, Telefonaktiebolaget LM Ericsson, Ciena Corp, Intel Corp, and Lumentum Holdings Inc are among the prominent players profiled in the North America pluggable optics for data center market report. The market players focus on new product launches, expansion and diversification, and acquisition strategies, which allow them to access prevailing business opportunities.

The overall North America pluggable optics for data center market analysis has been derived using both primary and secondary sources. To begin the North America pluggable optics for data center market research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the North America pluggable optics for data center market. The process also serves the purpose of obtaining an overview and market forecast for the North America pluggable optics for data center market growth with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights about the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the North America pluggable optics for data center market forecast.

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According to our latest study on “North America Pluggable Optics for Data Center Market – Regional Share, Trend, and Growth Opportunity Analysis – by Component, Data Rate, and Geography,” the North America pluggable optics for data center market size was valued at US$ 2.09 billion in 2023 and is expected to reach US$ 4.99 billion by 2031. The market is estimated to record a CAGR of 11.5% from 2023 to 2031. The rising demand for linear pluggable optics is likely to be North America pluggable optics for data center market trends.

The North America pluggable optics for data center market report emphasizes the key factors driving the market and prominent players’ developments. In North America, the government and several market players are focused on building data centers to meet the growing need for storage solutions and high-performance computing capabilities. The increase in digitalization and data-driven approaches adopted by businesses encourage them to adopt solutions that help them store and analyze large data sets. This has fostered the data center market growth in the region, generating the demand for pluggable optics. The rising investment in data centers and demand for energy-efficient solutions are further driving the North America pluggable optics for data center market growth.

Key companies are investing in the development of data centers in North America region. As per the Linklaters, North America has maintained its lead in data center transaction values, accounting for an impressive 62% of the global total in 2023 and 69% of investments through April 2024, totaling US$ 15 billion, with the US accounting for the largest share of the total. A few instances are mentioned below:

• In February 2024, NTT DATA—a global digital business and IT services leader—announced that TC Global Investments Americas LLC (a group company of Tokyo Century Corporation) invested in NTT Global Data Centers’ American data center business in Chicago, Illinois, a group company of NTT DATA, to cater to continuous demand for cloud services and the broader use of generative AI and other technologies.

• In May 2024, the US President announced a US$ 3.3 billion investment by Microsoft to build a new artificial intelligence (AI) data center. The investment is part of President Biden’s “Investing in America agenda,” which is focused on creating jobs in critical sectors such as infrastructure, clean energy, semiconductors, and biotechnology by mobilizing private sector investments in the US through legislation such as the CHIPS and Science Act.

Rising Need for High-Performance Computing to drive North America Pluggable Optics for Data Center market

HPC is about the interconnection of many storage, computing, and networking systems, which generates the need for cost-effective, sustainable, and scalable optical networking solutions. This factor fuels the need for high-bandwidth pluggable transceivers for HPC data centers. Various companies in the region are focused on launching data centers or expanding their facilities to handle HPC workloads. For example, in March 2024, DC Blox expanded its data center in Birmingham, Alabama, to cater to HPC workloads. The surging demand for HPC applications driven by several factors, including the availability of cost-effective HPC systems based on commodity hardware, specialized processor accelerators such as GPUs, and the increasing utilization of AI/ML applications, propels the market growth.

North America Pluggable Optics for Data Center Market: Segmental Overview

Based on component, the market is segmented into switches, routers, and servers. The switches segment held the largest share in the North America pluggable optics for data center market share in 2023. In data centers, switches are used to connect multiple devices to create a network. It is a specific system administration device designed for storage area networks (SANs). These switches work at the core of data centers. They facilitate high-speed and low-latency data transfer among servers and capacity devices. They provide a devoted and dependable pathway for storage-concentrated applications. They emphasize efficient data transmission and ensure optimal performance and operations in the data centers. Several companies provide switches for data centers. For example, Cisco provides 25-gigabit pluggable transceivers for data center applications. This cost-effective Ethernet technology provides 25G switches and high-bandwidth servers with 25G Network Interface Cards (NIC). The demand for pluggable optics such as switches has been increasing to handle the data center traffic efficiently.

North America Pluggable Optics for Data Center Market Analysis: Competitive Landscape and Key Developments

Coherent Corp, Nokia Corp, Cisco Systems Inc, Infinera Corp, Telefonaktiebolaget LM Ericsson, Ciena Corp, Intel Corp, and Lumentum Holdings Inc are among the prominent players profiled in the North America pluggable optics for data center market report. The market players focus on new product launches, expansion and diversification, and acquisition strategies, which allow them to access prevailing business opportunities. A few of the key market developments are listed below:

• In April 2024, Infinera announced that Aire Networks, a subsidiary of Grupo Aire, deployed Infinera’s software-programmable ICE-X coherent pluggable solution to expand the capacity of its single-fiber network infrastructure across Spain and Portugal. The ability of Infinera’s innovative ICE-X solution to provide ultra-high-speed transmissions over a single fiber in a pluggable form factor enables Aire Networks to continue to meet the bandwidth demands of its customers while maintaining its cost-effective single-fiber infrastructure.

• In October 2022, Cisco announced that SoftBank Corp. deployed Cisco pluggable optical transceivers in its metro area network to support 4G/5G, enterprise, and broadband services. By deploying the Cisco QSFP 100G ZR4 pluggable optical transceivers, SoftBank reduced power consumption and the carbon footprint for 100G links up to 80 km apart, providing faster connectivity between network locations across wide footprints. The solution provides increased capacity to connect geographically distant sites to the network more efficiently, ensures high reliability, consumes less rack space, and lowers power consumption, all of which contribute to operational efficiencies and sustainability.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America pluggable optics for data center market
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations such as specific country and segmental insight highlights crucial progressive industry trends in the North America pluggable optics for data center market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS

1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. North America Pluggable Optics for Data Center Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Raw Material Providers
4.3.2 Pluggable Optics Manufacturers
4.3.3 Data Center Builders
4.3.4 List of Vendors in Value Chain
5. North America Pluggable Optics for Data Center Market – Key Market Dynamics
5.1 North America Pluggable Optics for Data Center Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Growing Number of Data Centers in North America
5.2.2 Rising Need for High-Performance Computing
5.3 Market Restraints
5.3.1 Rising Network Complexity
5.4 Market Opportunities
5.4.1 Demand for Energy Efficiency
5.5 Trends
5.5.1 Linear Pluggable Optics
5.6 Impact of Drivers and Restraints:
6. North America Pluggable Optics for Data Center Market Analysis
6.1 North America Pluggable Optics for Data Center Market Revenue (US$ Million), 2021–2031
6.2 North America Pluggable Optics for Data Center Market Forecast and Analysis
7. North America Pluggable Optics for Data Center Market Analysis – by Component
7.1 Switches
7.1.1 Overview
7.1.2 Switches: North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Routers
7.2.1 Overview
7.2.2 Routers: North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Servers
7.3.1 Overview
7.3.2 Servers: North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million)
8. North America Pluggable Optics for Data Center Market Analysis – by Data Rate
8.1-400GB/S
8.1.1 Overview
8.1.2-400GB/S: North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million)
8.2-800GB/S
8.2.1 Overview
8.2.2-800GB/S: North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million)
8.3GB/S and Above
8.3.1 Overview
8.3.2GB/S and Above: North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million)
9. North America Pluggable Optics for Data Center Market – Country Analysis
9.1 North America
9.1.1 North America Pluggable Optics for Data Center Market Breakdown by Countries
9.1.2 North America Pluggable Optics for Data Center Market Revenue and Forecast and Analysis – by Country
9.1.2.1 North America Pluggable Optics for Data Center Market Revenue and Forecast and Analysis – by Country
9.1.2.2 United States: North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million)
9.1.2.2.1 United States: North America Pluggable Optics for Data Center Market Breakdown by Component
9.1.2.2.2 United States: North America Pluggable Optics for Data Center Market Breakdown by Data Rate
9.1.2.3 Canada: North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million)
9.1.2.3.1 Canada: North America Pluggable Optics for Data Center Market Breakdown by Component
9.1.2.3.2 Canada: North America Pluggable Optics for Data Center Market Breakdown by Data Rate
9.1.2.4 Mexico: North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million)
9.1.2.4.1 Mexico: North America Pluggable Optics for Data Center Market Breakdown by Component
9.1.2.4.2 Mexico: North America Pluggable Optics for Data Center Market Breakdown by Data Rate
10. Competitive Landscape
10.1 Heat Map Analysis
10.2 Company Positioning and Concentration
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions
12. Company Profiles
12.1 Coherent Corp
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Nokia Corp
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Cisco Systems Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Infinera Corp
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Telefonaktiebolaget LM Ericsson
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Ciena Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Intel Corp
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Lumentum Holdings Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The the Reporting Teams
13.2 Word Index

LIST OF TABLES

Table 1. North America Pluggable Optics for Data Center Market Segmentation
Table 2. List of Vendors
Table 3. North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million)
Table 4. North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million) – by Component
Table 5. North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million) – by Data Rate
Table 6. North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million) – by Country
Table 7. United States: North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million) – by Component
Table 8. United States: North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million) – by Data Rate
Table 9. Canada: North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million) – by Component
Table 10. Canada: North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million) – by Data Rate
Table 11. Mexico: North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million) – by Component
Table 12. Mexico: North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million) – by Data Rate

LIST OF FIGURES

Figure 1. North America Pluggable Optics for Data Center Market Segmentation, by Country
Figure 2. PEST Analysis
Figure 3. Ecosystem Analysis
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. North America Pluggable Optics for Data Center Market Revenue (US$ Million), 2021–2031
Figure 6. North America Pluggable Optics for Data Center Market Share (%) – by Component, 2023 and 2031
Figure 7. Switches: North America Pluggable Optics for Data Center Market– Revenue and Forecast to 2031 (US$ Million)
Figure 8. Routers: North America Pluggable Optics for Data Center Market– Revenue and Forecast to 2031 (US$ Million)
Figure 9. Servers: North America Pluggable Optics for Data Center Market– Revenue and Forecast to 2031 (US$ Million)
Figure 10. North America Pluggable Optics for Data Center Market Share (%) – by Data Rate, 2023 and 2031
Figure 11.-400GB/S: North America Pluggable Optics for Data Center Market– Revenue and Forecast to 2031 (US$ Million)
Figure 12.-800GB/S: North America Pluggable Optics for Data Center Market– Revenue and Forecast to 2031 (US$ Million)
Figure 13.GB/S and Above: North America Pluggable Optics for Data Center Market– Revenue and Forecast to 2031 (US$ Million)
Figure 14. North America Pluggable Optics for Data Center Market Breakdown by Key Countries, 2023 and 2031 (%)
Figure 15. United States: North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. Canada: North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. Mexico: North America Pluggable Optics for Data Center Market – Revenue and Forecast to 2031 (US$ Million)
Figure 18. Company Heat Map Analysis
Figure 19. Company Positioning and Concentration

The List of Companies – Pluggable Optics for Data Center Market
o Coherent Corp
o Nokia Corp
o Cisco Systems Inc
o Infinera Corp
o Telefonaktiebolaget LM Ericsson
o Ciena Corp
o Intel Corp
o Lumentum Holdings Inc.

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