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| Global Optical Transceiver Market Size |
Growth Accelerated by Miniaturization
Optical transceivers are devices commonly used in fiber-optic communication for
telecommunication and data communication networks. They transmit and receive
laser signals over fiber optic cabling enabling high-speed communication. The
growing demand for higher bandwidth and increased network speeds is driving the
need for compact and energy-efficient optical transceivers.
The global
Optical Transceiver Market is estimated to be valued at US$ 13 Mn in 2024 and is expected to exhibit a CAGR of 3.5% over the forecast period 2024 to 2031, as highlighted
in a new report published by Coherent Market Insights.
Market key trends:
Miniaturization of optical transceivers has been a key trend in the market over
the past few years. Leading manufacturers are focused on developing compact
pluggable modules to support high-density configurations for switches and
routers. For instance, QSFP-DD and OSFP form factors have emerged as
next-generation small footprint solutions compared to traditional QSFP.
Increased integration of components through technology advances has enabled
significant miniaturization. Growing demand for high-density networking from
data centers is expected to drive further innovation towards developing
ultra-miniature optical transceiver solutions in the coming years to support performance
scaling and bandwidth growth.
Segment Analysis
The global optical transceiver market is segmented by form factor, data rate,
technology, distance and application. The SFP (Small Form-Factor Pluggable)
segment accounts for majority share as the SFP transceivers are compact in size
and support data rates up to 10 gigabits per second (Gb/s). They are widely
used in network routers and switches. By data rate, the 10G/40G segment
dominates due to increasing deployment of high-speed Ethernet devices that
require high bandwidth for data-intensive applications.
Key Takeaways
Global
Optical Transceiver Market Size is expected to witness high growth over
the forecast period. Regional analysis: North America region holds the dominant
share currently due to increased investments in optical fiber network
infrastructure and early adoption of advanced technologies. Asia Pacific is
expected to grow at the fastest pace with increasing deployment of 5G networks
and growing data traffic in countries like China and India.
Key players analysis: Key players operating in the optical transceiver market
are Horizon Therapeutics Plc, Bausch Health Companies Inc, Recordati Rare
Diseases Inc., Danone S.A., Lucane Pharma SA, Acer Therapeutics Inc.,
Ultragenyx Pharmaceutical Inc., Aeglea Biotherapeutics, Inc., Arcturus
Therapeutics Holdings Inc., Orpharma Pty Ltd., Selecta Biosciences, Inc.,
Abbott, and Mead Johnson & Company, LLC. Companies are focusing on new
product launches catering to emerging technologies such as 5G and cloud
services.
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