Lucintel’s latest market report analyzed that telecom and datacom connector provides attractive opportunities in the IT, telecom, and industrial sectors. The telecom and datacom connector market is expected to reach $15.7 billion by 2028 with a CAGR of 6.2%. In this market, fiber optic connector is the largest segment by product.
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Based on product, the telecom and datacom connector market is segmented into PCB (Printed Circuit Board) connectors, fiber optic connectors, rectangular I/O, RF (Radio Frequency) coax, and others. The fiber optic connector segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its easy installation, faster connection, low signal loss, and high performance, which are highly required in optical communications.
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The Telecom and Datacom Connector Market is marked by the presence of several big and small players. Some of the prominent players offering telecom and datacom connector include TE Connectivity,Amphenol, Molex, Hon Hai Precision, Volex, Japan Aviation Electronics, Aptiv, Hirose Electric, Rosenberger, and Yazaki.
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