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A study conducted in 2021 on the future of the market estimates that the global NGFW market will grow by almost 4.69 billion dollars by 2023.

By definition, a media converter is a flexible and cost-effective device designed to implement fiber links in almost every kind of network. Today, we have different types of media converters available on the market. The most often deployed type of media converter is a device that acts as a transceiver, which translates the electrical signals to light waves. Fiber optic connectivity becomes inevitable where the distances between two or more networking devices are greater than copper cable's transmission distances. Now let us discuss the benefits of media converters.