Dublin, June 12, 2024 (GLOBE NEWSWIRE) -- The "Global Optical Transceiver Market by Form Factor, Fiber Type, Data Rate, Connector Type, Application, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.
The global optical transceiver market size reached US$ 11.2 Billion in 2023. Looking forward, the market is projected to reach US$ 32.1 Billion by 2032, exhibiting a growth rate (CAGR) of 12.41% during 2023-2032. The rising demand for optical transceivers in data centers, the escalating demand for cost-effective and miniaturized optical transceivers and increasing adoption of novel wireless technologies represent some of the key factors driving the market.
At present, there is a rise in the demand for optical transceivers in data centers as they need longer reach and high rates of data transmission across the globe. This, along with the increasing demand for smaller, cheaper, and energy-efficient optical transceivers, is contributing to the growth of the market. Besides this, there is an increase in the employment of 5G wireless technology for providing new services to high-speed optical networks, such as the industrial internet of things (IoT) and augmented reality (AR). This, coupled with the growing demand for optical transceivers in self-driving vehicles and innovative drones, is offering a positive market outlook.
In addition, key manufacturers are investing in research and development (R&D) activities to introduce cost-effective and miniaturized optical transceivers that support the sub-assemblies of transmitter receivers for application in inter-data centers. They are also focusing on quantum dot technology to produce small devices, which is supporting the growth of the market. Moreover, the increasing adoption of novel wireless technologies that allow easy connectivity to various devices is offering lucrative growth opportunities to industry investors.
Additionally, governing agencies of various countries are launching several smart city projects with fiber optic-rich networks to facilitate the continuous flow of the internet of things (IoT) equipment. Some of the growth-inducing factors are fast-fixing broadband speeds, high-bandwidth apps, the proliferation of connected devices, rising mobile Internet users, and increasing online video content.
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global optical transceiver market. Detailed profiles of all major companies have also been provided. Some of the companies include Accelink Technologies Co. Ltd., Arista Networks Inc., Broadcom Inc., Cisco Systems Inc., Coherent Corp., Fujitsu Limited, HUBER+SUHNER Cube Optics AG (Huber+Suhner AG), Juniper Networks Inc., Lumentum Operations LLC, NEC Corporation (AT&T Corporation), Smiths Interconnect Inc. (Smiths Group plc), Source Photonics Inc., Sumitomo Electric Industries Ltd., etc.
Key Questions Answered in This Report
- How has the global optical transceiver market performed so far and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global optical transceiver market?
- What are the key regional markets?
- Which countries represent the most attractive optical transceiver markets?
- What is the breakup of the market based on the form factor?
- What is the breakup of the market based on the fiber type?
- What is the breakup of the market based on the data rate?
- What is the breakup of the market based on the connector type?
- What is the breakup of the market based on the application?
- What is the competitive structure of the global optical transceiver market?
- Who are the key players/companies in the global optical transceiver market?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 138 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value (USD) in 2023 | $11.2 Billion |
| Forecasted Market Value (USD) by 2032 | $32.1 Billion |
| Compound Annual Growth Rate | 12.4% |
| Regions Covered | Global |
Key Market Segmentation
This report provides an analysis of the key trends in each segment of the global optical transceiver market, along with forecasts at the global, regional, and country level from 2024-2032. The report has categorized the market based on the form factor, fiber type, data rate, connector type, and application.
Form Factor Insights:
- SFF and SFP
- SFP+ and SFP28
- QSFP, QSFP+, QSFP14 and QSFP28
- CFP, CFP2, and CFP4
- XFP
- CXP
- Others
Fiber Type Insights:
- Single Mode Fiber
- Multimode Fiber
Data Rate Insights:
- Less Than 10 Gbps
- 10 Gbps To 40 Gbps
- 40 Gbps To 100 Gbps
- More Than 100 Gbps
Connector Type Insights:
- LC Connector
- SC Connector
- MPO Connector
- RJ-45
Application Insights:
- Data Center
- Telecommunication
- Enterprises
Companies Featured
- Accelink Technologies Co. Ltd.
- Arista Networks Inc.
- Broadcom Inc.
- Cisco Systems Inc.
- Coherent Corp.
- Fujitsu Limited
- HUBER+SUHNER Cube Optics AG (Huber+Suhner AG)
- Juniper Networks Inc.
- Lumentum Operations LLC
- NEC Corporation (AT&T Corporation)
- Smiths Interconnect Inc. (Smiths Group plc)
- Source Photonics Inc.
- Sumitomo Electric Industries Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/mmkyp2
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