The Latin America, Middle East and Africa Direct Attach Cable Market is expected to witness market growth of 42.3% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Direct Attach Cable Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.70 billion by 2031. The Argentina market is capturing a CAGR of 43.1% during 2024-2031. Additionally, the UAE market would register a CAGR of 40.8% during 2024-2031.
Several factors, including the increasing demand for high-speed connectivity, the need for cost-effective solutions, and the ongoing evolution of networking technologies, drive the adoption of DACs. With the rise of bandwidth-intensive applications like streaming services, gaming, and cloud computing, organizations are adopting DACs to ensure high-speed connections that meet these demands.
Industries that rely on real-time data processing rapidly adopt DACs because they can deliver low-latency connections, which are crucial for financial trading and online gaming applications. The widespread adoption of cloud computing has led to increased DAC usage for connecting servers in cloud data centres, providing cost-effective and efficient solutions for cloud service providers.
The United Arab Emirates' geographical location is an optimal entry point for businesses seeking to expand their digital operations throughout the Middle East and North Africa (MENA) region. As more enterprises establish their cloud infrastructure in the UAE, the demand for Direct Attach Cables will rise to facilitate fast and reliable data connections. The cloud computing sector in the UAE is not limited to a single industry; various sectors, such as government, retail, and telecommunications, are increasingly adopting cloud solutions. This diverse adoption increases the overall demand for data centre capacity, consequently boosting the need for DACs to ensure efficient internal connectivity.
The UAE government actively promotes digital transformation initiatives in its Vision 2021 strategy, creating a favourable environment for cloud computing investments. This government backing is likely to enhance the growth of the data centre industry, leading to increased demand for Direct-Attach Cables to support expanded network infrastructure. Therefore, the market is experiencing development due to the expanding 5G rollout in the UAE and the growing cloud computing sector.
The Brazil market dominated the LAMEA Direct Attach Cable Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.70 billion by 2031. The Argentina market is capturing a CAGR of 43.1% during 2024-2031. Additionally, the UAE market would register a CAGR of 40.8% during 2024-2031.
Several factors, including the increasing demand for high-speed connectivity, the need for cost-effective solutions, and the ongoing evolution of networking technologies, drive the adoption of DACs. With the rise of bandwidth-intensive applications like streaming services, gaming, and cloud computing, organizations are adopting DACs to ensure high-speed connections that meet these demands.
Industries that rely on real-time data processing rapidly adopt DACs because they can deliver low-latency connections, which are crucial for financial trading and online gaming applications. The widespread adoption of cloud computing has led to increased DAC usage for connecting servers in cloud data centres, providing cost-effective and efficient solutions for cloud service providers.
The United Arab Emirates' geographical location is an optimal entry point for businesses seeking to expand their digital operations throughout the Middle East and North Africa (MENA) region. As more enterprises establish their cloud infrastructure in the UAE, the demand for Direct Attach Cables will rise to facilitate fast and reliable data connections. The cloud computing sector in the UAE is not limited to a single industry; various sectors, such as government, retail, and telecommunications, are increasingly adopting cloud solutions. This diverse adoption increases the overall demand for data centre capacity, consequently boosting the need for DACs to ensure efficient internal connectivity.
The UAE government actively promotes digital transformation initiatives in its Vision 2021 strategy, creating a favourable environment for cloud computing investments. This government backing is likely to enhance the growth of the data centre industry, leading to increased demand for Direct-Attach Cables to support expanded network infrastructure. Therefore, the market is experiencing development due to the expanding 5G rollout in the UAE and the growing cloud computing sector.
List of Key Companies Profiled
- Cisco Systems, Inc.
- Hitachi, Ltd
- Juniper Networks, Inc.
- Molex, LLC (Koch Industries, Inc.)
- The Siemon Company
- 3M Company
- Broadcom, Inc.
- TE Connectivity Ltd.
- Sumitomo Electric Industries, Ltd.
- Fujitsu Limited
Market Report Segmentation
By Type- Direct Attach Copper Cable
- Passive Direct Attach Copper Cable
- Active Direct Attach Copper Cable
- Active Optical Cable
- Networking
- Telecommunications
- Data Storage
- High Performance Computing Centers (HPCs)
- Other End Use
- QSFP
- SFP
- CXP
- Cx4
- CFP
- CDFP
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. LAMEA Direct Attach Cable Market by Type
Chapter 6. LAMEA Direct Attach Cable Market by End Use
Chapter 7. LAMEA Direct Attach Cable Market by Form Factor
Chapter 8. LAMEA Direct Attach Cable Market by Country
Chapter 9. Company Profiles
Companies Mentioned
Some of the key companies profiled in this LAMEA Direct Attach Cable Market include:- Cisco Systems, Inc.
- Hitachi, Ltd
- Juniper Networks, Inc.
- Molex, LLC (Koch Industries, Inc.)
- The Siemon Company
- 3M Company
- Broadcom, Inc.
- TE Connectivity Ltd.
- Sumitomo Electric Industries, Ltd.
- Fujitsu Limited
Methodology
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