However, high initial investment associated with the active optical cable and challenges from optical network security fiber hack restrain the market to some extent. Surge in demand for higher bandwidth, rise in investments by governments to improve connectivity in China, increase in penetration of video conferencing, gaming, & home surveillance services, and rise in demand for 4K and high definition display drive the growth of the global consumer active optical cable market. 16, 2021 (GLOBE NEWSWIRE) - According to the report published by Allied Market Research, the global consumer active optical cable market generated $141.5 million in 2020, and is projected to reach $958.5 million by 2030, witnessing a CAGR of 22.1% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
