Market Analysis
The Optical Transceiver Market is predicted to grow at a 15.3%
CAGR in the forecast period 2030, states the latest Market Research Future
(MRFR) report.
Drivers
Rapid Expansion of Data Centers to Boost Market
Growth
The rapid expansion of data centers that support streaming
videos, social networking, cloud services, and online commerce will boost the
market growth over the forecast period. Most large scale enterprises are
increasingly reliant on cloud services. This is increasing the demand for high
bandwidth and advanced networks that are likely to fuel market growth.
Opportunities
Emergence of New Wireless Technologies to offer
Robust Opportunities
The emergence of new wireless technologies like ZibBee have
added to the internet traffic by allowing easy connectivity for a wide range of
devices which will offer robust opportunities to this market over the forecast
period.
Restraints
Lack of Network Connectivity to act as Market
Restraint
The lack of network connectivity will act as a market
restraint over the forecast period.
Challenges
Rising Labor Cost
The rising labor cost will act as a market challenge over the
forecast period.
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COVID-19 Analysis
Several industries have experienced the consequence of the
COVID-19 pandemic and global optical transceiver market is no different. The
pandemic had a noteworthy effect on the manufacturers of optical transceivers
for supply chain disruptions and frequent lockdowns. Besides, geopolitical
matters and economic slowdown have also limited market growth.
Key Players
Eminent players profiled in the global optical transceiver
market report include Finisar Corporation (U.S.), Lumentum Holdings Inc.
(U.S.), Accelink Technologies Co., Ltd (China), Oclaro Inc. (U.S.), Sumitomo
Electric Industries, Ltd. (U.S.), Foxconn Electronics Inc. (Taiwan),
NeoPhotonics Corporation (U.S.), Fujitsu Optical Components Ltd. (Japan),
Reflex Photonics Inc (Canada), Source Photonics, Inc (U.S.), among others.
Other vendors include Smartoptics (Norway), Perle Systems (Canada), FS.COM (U.S.),
Precision Optical Transceivers, Inc (U.S.), Broadcom Corporation (U.S.), Ruckus
Networks (U.S.), Curvature (U.S.), GBC Photonics (Poland), AimValley B.V. (The
Netherlands), integra optics (U.S.), Moog Protokraft (U.S.), PennWell
Corporation (U.S.) PeakOptical (Denmark), Laird Technologies, Inc (U.S.), Into
Networks B.V. (the Netherlands), Murata Manufacturing Co., Ltd (Japan),
Sandstone Technologies Inc. (U.S.), among others.
Market Segmentation
By fiber type, the multimode SFP will lead the market over the
forecast period.
By data rate, the more than 100 Gbps segment will dominate the
market over the forecast period.
By end user, the data centers segment will spearhead the
market over the forecast period.
By form factor, the QSFP segment will have the lions share in
the market over the forecast period.
By configuration, the Optical
Transceiver Market Trends is segmented into full-duplex mode and
half-duplex mode.
Regional Analysis
North America to Sway Optical Transceiver
Market
North America will sway the market over the forecast period.
The region being technologically advanced, increased advances in the field of
optical networks, growing adoption of data centers, consequent volume of
unstructured data, heavy investments in R&D from the key vendors, the growing
need for mobile data via wireless connectivity, the presence of the world’s
largest cloud providers and data centers in the US, demand for high data speed
communication, and growing demand for 5G communication are adding to the global
optical transceiver market share in the region.
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Industry Updates
VIAVI Solutions has launched Fusion JMEP 10, a small, smart
form-factor pluggable (SFP+) Gigabit Ethernet optical transceiver for network
test, turn-up, as well as performance monitoring up to 10 GbE.
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https://latestindustrygrowth.blogspot.com/2022/04/telecom-equipment-market-size-future.html
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