The UK optical interconnect market is projected to grow at a significant CAGR of around 10.5% during the forecast period (2021-2027). The rising number of cyber breaches in the country is one of the major factors that further fuelling the demand of the optical interconnect solutions in the country. As per the Cyber Security Breach Survey 2018, about 43% of all the firms have experienced a cyber breach in 2018. Medium and large businesses were likely to have experienced breaches. Hence, in order to safeguard their data, companies use optical interconnect infrastructure to secure in-flight transmission of data, so that loss can be minimized in case of cyber-attack.
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In UK, the National Cyber Security Strategy 2016 was published which aims for key objectives which include defending, detect and develop. According to strategy, defend aims to have the means to protect the UK against evolving cyber threats as well as to respond effectively to incidents. Moreover, it ensures the country’s data; networks and systems are protected and resilient. While detect involves understanding, investigating, and disrupting hostile action taken against the country. Enforcement of these regulations in the country is very essential as several cases in the past few years have shown the consequences of improper security measures. Therefore, optical interconnect solutions are anticipated to have significantly used in organizations that are compliant with data protection laws.
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UK Optical Interconnect Market – Segmentation
By Product Type
- Connectors
- Cable Assemblies
- Optical Transceivers
- Silicon Photonics
- Other (Optical Engines)
By Application
- Data Communication
- Telecommunication
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
