Increase In The Use Of LTE, Voip And 5G Network Is Expected To Fuel The Optical Transceiver Market

The research report "Optical Transceiver Market - By Factor (QSFP, QSFP+, QSFP-DD, and QSFP28 , SFP+ and SFP28, SFF and SFP CFP, CFP2, and CFP4 , CXP, XFP), By Data Rate (Less Than 10 Gbps, 10 Gbps to 40 Gbps, 41 Gbps to 100 Gbps, More Than 100 Gbps), By Wavelength (850 nm Band, 1310 nm Band, 1550 nm Band, Others (C-Band DWDM fixed, C-Band DWDM tunable, and BiDi)), By Fiber type (Single mode fiber, Multimode fiber), By Connector (LC, SC, MPO, RJ-45) and Geography- Global/Region/Country Forecast to 2028." The optical transceiver market size is valued at USD 6,927.7 million in 2021 and is anticipated to grow at considerable CAGR rate of 14.8% during the forthcoming years 2022-2028.

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An overview on the Optical Transceiver Market:
This global report provides a detailed overview on the optical transceiver market and which can be classified on the basis of factor, data rate, wavelength, fiber type, and connector. the optical transceiver market has been classified into different segments such as QSFP, QSFP+, QSFP-DD, and QSFP28, SFP+ and SFP28, SFF and SFP CFP, CFP2, and CFP4, CXP, XFP based on factor. Amid these segments, the QSFP, QSFP+, QSFP-DD, and QSFP28 segment is likely to be the biggest and rapidly growing segments. Optical transceiver market is categorized into Less Than 10 Gbps, 10 Gbps to 40 Gbps, 41 Gbps to 100 Gbps, and More Than 100 Gbps on the basis of data rate. The 10 Gbps to 40 Gbps segment among other segments is anticipated to witness the fastest-growing market during the forecast period 2022-2028.

The optical transceiver market is classified into segments including 850 nm Band, 1310 nm Band, 1550 nm Band, and Others (C-Band DWDM fixed, C-Band DWDM tunable, and BiDi) based on wavelength,. Among these segments, the 850 nm Band segment witnesses the biggest share in 2021. The market has been segregated into Single-Mode Fiber, Multimode Fiber on the basis of Fiber type. Among these segments, the single-mode fiber segment is anticipated to lead other segments in the optical transceiver market. Among these segments, the Single-mode fiber segment is expected to witness the highest CAGR during the forecast period. Lumentum (US) made an announcement about the addition of a 100G PAM4 (53 Gaud) directly modulated laser (DML) for hyper-scale data center applications to its broad datacom laser chip portfolio. Such product was designed to complement Lumentum's existing 100G PAM4 externally modulated laser (EML) products and provides transceiver designers with a lower-cost option in December 2020. Increasing use of LTE, VoIP and 5G networks is anticipated to considerably contribute towards the optical transceiver market expansion.

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North America accounted for major share in the Optical Transceiver Market:
The optical transceiver market report aims at providing complete outlook around the region with complete focus on the major regions such as Europe, Asia Pacific, Latin America, North America, Middle East and Africa. Among these regions, North America is anticipated to witness the highest market share during the forecast time span.

Competitive Analysis - Optical Transceiver Market:
Major players working in the optical transceiver market are Accelink, Innolight, Mellanox, Neophotonics and Interoptic. These players focus on following major strategies.

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