Optical Transceiver Market to Witness Robust Growth by 2030: Key Trends and Insights

Optical Transceiver Market Expected to Reach $27.25 Billion By 2030

WILMINGTON, DE, UNITED STATES, December 2, 2024 /EINPresswire.com/ -- Allied Market Research, titled, “Optical Transceiver Market¹ By Form Factor, Data Rate, Fiber Type, Distance, Wavelength, Connector, and Application: Global Opportunity Analysis And Industry Forecast, 2021–2030,” the optical transceiver market size was valued at $7.18 billion in 2020, and is projected to reach at $27.25 billion by 2030, growing at a CAGR of 15.1% during the forecast period.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 & 𝐓𝐎𝐂: https://www.alliedmarketresearch.com/request-sample/A08178

An optical transceiver module is an essential part of optical communication devices. It utilizes fiber optical technology to send and receive data through completing the process of optical signal, electrical signal, and optical signal conversion.

The world is more connected than ever before, and hence, the importance of quick, reliable connectivity has increased substantially. The optical networks are faster, more reliable, and more durable. Consequently, there is considerable investment in deploying optical networks by businesses as well as government, which result in the exponential growth of the global optical transceiver market during the forecast period.

Some of the prime drivers of the global optical transceiver industry are the increase in several data centers, the surge in data traffic due to increased internet usage, and the increase in demand for advanced network equipment due to the COVID-19 pandemic. However, the high investment costs associated with optical cable networking act as a major barrier to the optical transceiver market growth². Conversely, the rise in the adoption of AI & IoT and the rise in deployment of VoIP, LTE, and 5G networks are expected to create lucrative opportunities for market growth during the forecast period.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮’𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/A08178

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The Optical Transceiver industry's key market players adopt various strategies such as product launch, product development, collaboration, partnership, and agreements to influence the market. It includes details about the key players in the market's strengths, product portfolio, market size and share analysis, operational results, and market positioning.

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐣𝐨𝐫 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐎𝐩𝐭𝐢𝐜𝐚𝐥 𝐓𝐫𝐚𝐧𝐬𝐜𝐞𝐢𝐯𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞,

Juniper Networks, Inc.
Huawei Technologies Co., Ltd.
Sumitomo Electric Industries Ltd
ZTE Corporation
Lumentum Operations LLC
NEC Corporation
Fujitsu Optical Components Limited
Cisco Systems, Inc.
Broadcom Inc.
A Arista Networks Inc.

COVID-19 not only impacted the operations of the various optical transceiver manufacturers companies but also affected the budget of end users. However, the negative impact of COVID-19 on the optical transceiver market trends³ is expected to be there for a short period, and by early 2021 the market is anticipated to observe a robust recovery rate along with the extensive demand for optical transceiver products in post-pandemic. This is because a growing number of market players are reassessing their strategies and coming up with quick responses to stabilize their supply chains.

Region-wise, North America holds a significant share of the global optical transceiver market. The U.S. holds the major market share, owing to the presence of leading market players and the higher rate of technology adoption in the region.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/A08178

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐭𝐮𝐝𝐲

- In 2020, the 41 Gbps to 100 Gbps segment accounted for maximum revenue and is projected to grow at a notable CAGR of 15.9% during the optical transceiver market forecast period.
- The single-mode fiber segment accounted for more than 55.0% of the optical transceiver market share in 2020.
- The data center segment of the market is projected to grow at a CAGR of 16.6% during the forecast period.
- Europe contributed a major share of the market, accounting for more than 35.0% share in 2020.

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Allied Market Research is a top provider of market intelligence that offers reports from leading technology publishers. Our in-depth market assessments in our research reports consider significant technological advancements in the sector. In addition to other areas of expertise, AMR focuses on analyzing high-tech and advanced production systems. We have a team of experts who compile thorough research reports and actively advise leading businesses to enhance their current procedures. Our experts have a wealth of knowledge on the topics they cover. Also, they use a variety of tools and techniques when gathering and analyzing data, including patented data sources.

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Allied Market Research
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¹ https://www.alliedmarketresearch.com/optical-transceiver-market-A08178
² https://www.globenewswire.com/news-release/2021/09/21/2300954/0/en/Global-Optical-Transceiver-Market-Is-Expected-to-Reach-27-25-Billion-By-2030-Says-AMR.html
³ https://www.alliedmarketresearch.com/press-release/optical-transceiver-market.html