Optical Transceiver Market Size, Share, Research Report Forecast till 2027
Optical Transceiver Market
Optical Transceiver Market is anticipated to witness a promising growth rate over the forecast period, due to a rise in data traffic.
Optical transceivers are strong, compact devices that can receive and transfer data at a very high speed and for long distances. Intensified investment in optical devices and rapid development of optical communication are the major factors fueling the market growth. As per the optical transceiver market forecast, rising data traffic due to growing deployment of internet will further bolster the market growth. Other factors such as evolving need for higher bandwidth and sophisticated networks led by the augmenting adoption of cloud services and ongoing technological innovations have strengthened the market growth. A surge in the telecom infrastructural development and the evolution of IoT are further likely to pave the way for market growth. The advent of coronavirus crisis has surged the demand for sophisticated network equipment which is another factor compelling the global optical transceiver market.
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By form factor, the QSFP, QSFP+, QSFP14 & QSFP28 segment is projected to expand at a higher CAGR over the forecast period due to a surge in demand for QSFP or Quad small form-factor pluggable, in the data center applications because of their better performance and decreased energy usage.
By application, the data center segment is anticipated to hold a larger share over the forecast period because of the increasing adoption of the optical transceiver. Surging data traffic over the network because of the ongoing technological developments such as artificial intelligence and machine learning and a drift towards the cloud storage, are likely to augment the optical transceiver market share.
By region, Asia-Pacific is predicted to lead the market owing to the network expansion across several nations like China, South Korea, and India. Further, accelerating penetration of smart devices, expansion of data centers, and growing seepage of 5G and LTE technology are strengthening the optical transceiver market size.
Key Market Developments:
In 2018, Accelink Technologies Co., Ltd. Signed a Memorandum of Understanding with POET Technologies Inc. for the expansion of transceivers for 100/400G markets to develop and supply a family of transceiver products working on a low cost, high-performance optical interposer platform of POET.
In 2019, Applied Optoelectronics, Inc. introduced the initial sample accessibility of 400G SR8 fast optical transceivers. This helped company cater the growing customer demands with the most economical solutions that can be used in every case.
Optical Transceiver Market Segmentation:
Optical Transceiver Market by Form Factor
Optical Transceiver Market by Data Rate
- Less than 10Gbps
- 10 Gbps to 40 Gbps
- 41 Gbps to 100 Gbps
- More than 100 Gbps
Optical Transceiver Market by Fiber Type
- Single-Mode Fiber
- Multimode Fiber
Optical Transceiver Market by Distance
- Less than 1 Km
- 1 to 10 Km
- 11 to 100 Km
- More than 100 Km
Optical Transceiver Market by Wavelength
- 850 NM Band
- 1310 NM Band
- 1550 NM Band
- Others
Optical Transceiver Market by Connector
- MPO Connector
- LC Connector
- RJ-45
- SC Connector
Optical Transceiver Market by Application
- Data Center
- Data Center Interconnect
- Intra-data Center Connection
- Telecommunication
- Ultra-Long-Haul Network
- Metro Network
- Long-Haul Network
- Enterprise
Optical Transceiver Market by Region:
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
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