Dublin, March 07, 2024 (GLOBE NEWSWIRE) -- The "Global Third-Party Optical Transceivers Market by Data Rate (Greater Than 10 Gbps and Less Than 40 Gbps, Greater Than 100 Gbps, Greater Than 40 Gbps and Less Than 100 Gbps), Form Factor (CFP, GBIC, QSFP), Application - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Third-Party Optical Transceivers Market size was estimated at USD 2.32 billion in 2022, USD 2.56 billion in 2023, and is expected to grow at a CAGR of 10.33% to reach USD 5.10 billion by 2030.
Third-party optical transceivers are used in data communication and networking equipment, such as switches, routers, and servers, to transmit and receive optical signals over fiber optic cables. They convert electrical signals into optical signals for transmission and then convert them back to electrical signals for reception. Using third-party optical transceivers can provide cost savings, as they are often priced more competitively than OEM transceivers and offer flexibility and interoperability, allowing network administrators to choose from a wider range of options and vendors for their networking equipment. Third-party transceivers provide customization options, such as different connector types, longer reach capabilities, or specialized features unavailable with the OEM transceivers. Moreover, the surge in SAN/NAS storage coupled with the rapid development of network applications, increased investment in the optical fiber network, and expansion of telecom infrastructure raised the utilization of third-party optical transceivers. However, compatibility issues and various concerns associated with the quality and reliability of optical transceivers significantly impede the adoption of third-party optical transceivers. In addition, emerging applications of third-party optical transceivers in data centers and 5G networks and ongoing advancements in optical transceivers are expected to create tremendous opportunities for market growth of third-party optical transceivers.
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Third-Party Optical Transceivers Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Attributes:
Report Attribute | Details |
No. of Pages | 197 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $2.56 Billion |
Forecasted Market Value (USD) by 2030 | $5.1 Billion |
Compound Annual Growth Rate | 10.3% |
Regions Covered | Global |
Companies Mentioned
- AddOn Networks
- Alperio
- Approved Technology Limited
- ATOP Corporation
- CBO GmbH
- Champion ONE
- DataLight Optics Inc.
- Elevate Global IT
- ETU-Link Technology Co., Ltd.
- FluxLight, Inc.
- FS.com Inc.
- Hummingbird Networks
- II-VI Incorporated
- Park Place Technologies, LLC
- Precision Optical Transceivers, Inc.
- Prolabs Ltd.
- Shenzhen Sopto Technology Co., Ltd.
- Suzhou Optcore Technology Co., Ltd.
- TXO Systems Ltd.
- XTEL Technologies Group Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/7zpl3z
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