Optical Transceiver Market Overview:
The global Optical Transceiver Market was worth USD 2.65 billion in 2017 and is expected to reach approximately USD 8.23 billion by 2025, while registering itself at a compound annual growth rate (CAGR) of 13.85% during the forecast period.
Transceivers are devices that transmit and receive signals through a network using a common circuit. The optical transceiver is also known as a fiber optic transceiver and is used to complete the transmission operation by converting the light pulse into an electrical signal and vice versa.
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Growth Drivers and Challenges:
For efficient operation of the network, optical transceivers play an important role. The key factor driving growth in the optical transceiver market is the minimized cost of transporting data over the network. The adoption rate of optical transceivers is higher than that of other conventional transceivers due to its low maintenance cost. The main advantage of optical transceivers is that they support a large bandwidth, which allows them to be used in high-speed network infrastructure, such as broadband Internet connections. The deployment of optical transceivers has also the following advantages: updates the networks of data centers and communication networks and improves traffic management by improving the speed limit. Optical networks are vitalin mobile communications networks.
North America is a very attractive market for optical transceivers due to the growing demand of the advanced communications network. Another important factor that influences the market in North America is the greater deployment of 100G transceivers.
North America is followed by Europe. The demand for 40G and 100G modules is increasing in regions such as North America and Europe, increasing the popularity of the optical transceiver market. The Asia-Pacific optical transceiver market is also growing significantly in developing countries. China is expected to have a significant stake in the Asia Pacific optical transceiver market due to the increased deployment of 100G equipment. The focus on the modernization of existing communication networks is another factor that drives market growth in the Asia-Pacific region.
The leading players in the market are Reflex Photonics Inc, Source Photonics Inc, Oclaro Inc, Lumentum Holdings, NeoPhotonics Corporation, Finisar, Accelink Technologies, Sumitomo Electric Industries and Fujitsu Optical Components Ltd. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
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