Optical Transceiver Market by Application (Data Center, Enterprise), and Global Forecast to 2026

MarketsandMarkets Presents Optical Transceiver Market with COVID-19 Impact Analysis, by Form Factor (SFF and SFP; SFP+ and SFP28; XFP; CXP), Data Rate, Wavelength, Fiber Type, Connector, Distance, Protocol, Application (Data Center, Enterprise), and Region - Global Forecast to 2026 Optical transceiver market is projected to grow from USD 7.0 billion in 2021 to USD 14.3 billion by 2026; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.2% from 2021 to 2026.

MarketsandMarkets Presents There has been observed increased adoption of smart devices in recent years. It includes smartphones, tablets, laptops & desktops, and other smart devices (such as wearable devices, home assistant, IoT based home security system, and gaming consoles). Increasing trends of connected systems across various applications such as consumer devices, smart homes, and automotive, industrial communication, among others, have set to raise several IoT connections. AI, IoT, and 5G are major trends expected to rise, increasing the adoption of smart devices and resulting in rising data traffic.

MarketsandMarkets Presents Market for optical transceivers with form factor QSFP, QSFP+, QSFP-DD, and QSFP28 is expected to grow at highest CAGR during forecast period The optical transceiver market for QSFP, QSFP+, QSFP-DD, and QSFP28 accounted for the largest share in 2020 and is expected to grow at the highest rate and dominate the market during the forecast period.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=161339599 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 creates a demand for high-scale data centers.

MarketsandMarkets Presents Optical transceiver market for data center application is projected to have the highest share during the forecast period The data center application is expected to account for the largest share of the market throughout the forecast period. Furthermore, the market for data center applications is expected to grow at highest CAGR during the forecast period. This growth in the market is due to factors such as transition toward cloud storage and increasing technological developments, including machine learning, artificial intelligence, and deep learning, which, in turn, increase the data traffic across networks, which create demand for high data rate transceivers for efficient data communication.

MarketsandMarkets Presents The key players in the optical transceiver market include II-VI (US), Broadcom (US), Lumentum (US), Sumitomo Electric industries (Japan), Accelink (China), Smartoptics (Norway), Infinera (US), Fujitsu optical Components (Japan), Hisense Broadband (China), Huawei (China), Innolight (China), Ciena (US), Mellanox (US) (the company was acquired by Nvidia in April 2020), Applied Optoelectronics (US), Amphenol (US), Intel (US), NEC (Japan), Cisco (US), NeoPhotonics (US), Perle Systems (Canada), FOCI (Taiwan), Source Photonics (US), Solid Optics

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