The report "Optical Transceiver Market by Form Factor (SFF, SFP, SFP+, QSFP, QSFP+, QSFP28), Data Rate, Distance, Fiber Type (Single-Mode, Multimode), Connector, Wavelength, Application (Telecom, Data Center, and Enterprise), and Region - Global Forecast to 2025", is expected to grow from USD 5.7 billion in 2020 to USD 9.2 billion by 2025, at a CAGR of 10.0%. Increasing the adoption of smart devices and rising data traffic has spurred the growth of the optical transceiver market. Other drivers for the optical transceiver industry growth include growing demand for cloud computing applications and the increasing requirement for compact and energy-efficient transceivers.
Browse 106 market data Tables and 46 Figures spread through 168 Pages and in-depth TOC on "Optical Transceiver Market by Form Factor (SFF, SFP, SFP+, QSFP, QSFP+, QSFP28), Data Rate, Distance, Fiber Type (Single-Mode, Multimode), Connector, Wavelength, Application (Telecom, Data Center, and Enterprise), and Region - Global Forecast to 2025"
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=161339599
Optical transceiver market for QSFP form factor to grow at highest CAGR during the forecast period
The Quad small form-factor pluggable (QSFP) form factor of optical transceivers is designed for high performance and low power consumption, which makes them ideal for data center applications. With the advent of technological advancements such as AI, machine learning, and 5G communication, data traffic is increasing, which in turn is creating demand for high scale data centers. Therefore, the rise in data traffic is also creating opportunities for 100G, 200G, and 400G data transmission rates, which is also increasing the demand for optical transceivers operating on form factors such as QSFP, QSFP+, QSFP14, and QSFP28.
Data centers to hold the largest share of optical transceiver market during the forecast period
The data center landscape is changing rapidly and attracting loads of investments to focus on the needs of increasing bandwidth, lower power, and more extended reach. Data rates of more than 100 Gbps have entered the market. Optical transceivers play an essential role in data centers for inter-data center connectivity or intra-data center connectivity. Data centers are using high-speed optical transceivers to fulfill high-speed data communication needs. With the advent of advanced technologies such as AI and 5G, there is an increased requirement for higher bandwidth, which is eventually necessary for data center applications.
Furthermore, the rising adoption of smart devices and IoT is also responsible for the increasing demand for high data-rate enabled optical transceivers in data centers. Increasing interest of cloud service providers to adopt high-speed transceivers is also likely to drive the growth of the market for data center applications.
North America to hold the largest share of optical transceiver market during the forecast period
North America is a major shareholder of optical transceivers. The growing demand for mobile data through wireless connectivity boosted the growth of the data center market and, consequently, the optical transceiver market to a substantial extent. Presence of the world’s largest data centers and cloud providers in the US, including the Big 5—Google (US), Apple (US), Facebook (US), Amazon (US), and Microsoft (US), provide growth opportunities for the market. Also, the demand for high data speed communication is driving the growth of the 5G communication market across the US. For instance, several US-based telecommunication companies such as AT&T, T-Mobile, and others have announced the roll-out of 5G networks in 2019, which will provide faster data transfer and communication across multiple cities and towns of the US. This is expected to consequently increase data traffic across the networks in data centers, providing an opportunity for the optical transceiver market.
Major players in the optical transceiver market II-VI Incorporated (US), FIT Hong Teng Limited (Taiwan), Lumentum (US), Sumitomo Electric Industries Ltd (Japan), Accelink (China), Applied Optoelectronics (US), Fujitsu Optical Components (Japan), Innolight (China), Mellanox (Israel), NeoPhotonics (US), Ciena (US), Cisco (US), Hisense Broadband (China), Intel (US), NEC (Japan).
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441