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Optical Transceiver Market Trends

Report ID: GMI8737
Published Date: Mar 2024
Report Format: PDF

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Optical Transceiver Market Trends

The market for optical transceivers is moving toward cost-effectiveness and lower operating costs as a means of increasing profitability & competitiveness. Producers are experimenting to provide transceiver solutions that are more affordable while streamlining manufacturing procedures and utilizing better materials. Furthermore, the goal of design and technological developments is to attract cost-conscious consumers & businesses by increasing energy efficiency, extending product lifespans, and lowering maintenance costs.

The growing need for specialized and customized solutions across a range of industries has sparked the trend of creating cutting-edge optical transceiver modules for a variety of applications. To produce transceivers that meet certain needs, such as greater data rates, longer transmission distances, and compatibility with particular network infrastructures, manufacturers are investing in research and development. The goal of this trend is to meet the changing requirements of different applications including data centers, industrial automation, and telecommunications.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Optical transceiver industry size exceeded USD 10 billion in 2023 and is estimated to witness over 15% CAGR between 2024 and 2032, due to the spread of cloud computing services and the strong growth of data centers.

The10 Gbps to 40 Gbps data rate segment is expected to surpass USD 15 billion by 2032 as they enable the quick transmission of massive volumes of data as data-intensive applications and services.

North America recorded over 35% of the global optical transceiver industry share in 2023 and will expand through 2032, owing to rising data center infrastructure investments, the quick uptake of cloud computing services, and technological developments.

Some of the prominent optical transceiver companies worldwide include Cisco Systems, Inc., Finisar Corporation (Acquired by II-VI Incorporated), Broadcom Inc., Lumentum Holdings Inc., Fujitsu Optical Components Ltd., NeoPhotonics Corporation, and Accelink Technologies Co., Ltd.