Optical Transceiver Market Overview Insights
According to MRFR analysis, the global Optical Transceiver Market is expected to register a CAGR of ~ 15.3% from 2021 to 2030 and hold a value of over ~USD 27.13 billion by 2030.
The global optical transceivers market for optical transmitters may witness remarkable growth as a result of increasing expenditures on optical devices and the rapid evolution of optical communication in the imminent year. The business is rising due to growing data traffic and the adoption of cloud computing. The evolution of optical equipment and how it is associated with data center modules are closely intertwined. These elements influence the potential number of optical transceivers mandatory in the data center. Higher rates are becoming more necessary as a result of applications with cloud computing and 5G. All these developments may contribute to the growth of the optical transceivers market during the estimated period. The outbreak of COVID-19 has augmented the usage of data. According to a report on the impact of the COVID-19 epidemic on China’s entertainment industry by Maoyan Entertainment, a leading platform providing innovative Internet-empowered entertainment services in China, the movie industry was strictly hit by the pandemic, whereas the online entertainment market, including TV and streaming platforms, were prosperous as people were confined to their homes.?
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Key Players
Some of the key market players are-
Report Attribute/Metric |
Details |
Market Size in 2030 |
USD 27.13 billion |
Growth rate: |
CAGR of 15.3% from 2022 to 2030 |
Forecast Period |
2020-2030 |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
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Regional Analysis
North America accounted for the largest market share and Asia-Pacific was the second-largest share market. North America’s advancement in terms of technology plays a substantial role in its prominence in the optical transceiver market. Main companies in the region are also playing a significant role and helping the market grow through heavy investments in research and development.
Market Segmentation
The global Optical Transceiver Market has been segmented into Form factor, Data rate, and Distance
Based on Form Factor, the global Optical Transceiver Market has been segmented into QSFP, QSFP+, QSFP14, and QSFP28, SFP+ and SFP28, SFF and SFP, CFP, CFP2, and CFP4, XFP, CXP, and Others. QSFP, QSFP+, QSFP14, and QSFP28 accounted for the largest market share and are expected to grow at a CAGR of 13.06% during the estimated period. SFP+ and SFP28 was the second-largest market and is expected to grow at the highest CAGR during the estimated period.
Based on Data Rate, the Global Optical Transceiver Market has been segmented into Greater than 40 Gbps and less than 100 Gbps, Greater than 100 Gbps, less than 10 Gbps, and Greater than 10 Gbps & less than 40 Gbps. Greater than 40 Gbps and less than 100 Gbps are reported for the largest market share and are expected to grow at a CAGR of 12.79% during the estimated period.
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Based on Distance, the Global Optical Transceiver Market has been segmented into Less than 1km, Greater than 1km to less than 10km, Greater than 10km to less than 100km, and Greater than 100km. Greater than 1km to less than 10km accounted for the largest market share and is expected to grow at a CAGR of 14.07% during the estimated period. For distances greater than 1km to 10km, the system transmits data with the speed of 10 Gbps, and usually, such a transceiver originates in a mini-GBIC form factor, production it ideal for environments that require several fiber connections by taking up fewer space in the cabinet and computer room
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