Optical Transceivers Market Worth $5.31 Billion by 2030

Meticulous Research®-a leading global market research company, published a research report titled, 'Optical Transceivers Market by Form Factor (SFF and SFP; SFP+ and SFP28; XFP; CXP), Data Rate, Wavelength, Type, Distance, Protocol, Application (Data Center, Telecommunication), and Geography-Global Forecast to 2030.'

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According to this latest publication from Meticulous Research®, the optical transceivers market is projected to reach $5.31 billion by 2030, at a CAGR of 12.4% from 2023 to 2030. Based on volume, the global optical transceivers market is projected to reach 42,923 thousand units by 2030, at a CAGR of 13.1% during the forecast period.

The growth of this market is driven by the growing adoption of optical modules among data centers and the rising need for optical transceivers for extended wavelengths over long distances. However, government regulations and certifications restrain the growth of this market.

Furthermore, the growing adoption of 5G and cloud technologies in emerging countries and the increasing demand for high-speed internet and data-intensive applications are expected to create market growth opportunities. However, the lack of standardization is a major challenge for the players operating in this market. Additionally, the advent of silicon photonics (SiPh) technology is a prominent trend in the optical transceivers market.

The optical transceivers market is segmented by form factor, type, wavelength, protocol, data rate, distance, and application. The study also evaluates industry competitors and analyzes the market at the region/country level.

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Based on form factor, the optical transceivers market is segmented into SFF, SFP, SFP+ and SFP28, QSFP, QSFP+, QSFP-DD, & QSFP28, CFP, CFP2, & CFP4, XFP, and CXP. In terms of value, in 2023, the QSFP, QSFP+, QSFP-DD, and QSFP28 segment is expected to account for the largest share of the global optical transceivers market. The large market share of this segment is attributed to the increasing installation of optical transceivers for data center aggregation and backplane applications and the growing demand for compact and energy-efficient transceivers and high-speed data transmission. However, the CFP, CFP2, & CFP4 segment is projected to register the highest CAGR during the forecast period.

Based on type, the optical transceivers market is segmented into single mode fiber and multimode fiber. In 2023, the single mode fiber segment is expected to account for the larger share of the global optical transceivers market. This segment is also projected to register the higher CAGR during the forecast period. This segment's large market share and high growth are attributed to the high-volume adoption of high-data-rate modules, rising demand for high data transmission, growing demand for optical communications for low signal attenuation and high bandwidth, and expansion of telecom infrastructure.

Based on wavelength, the optical transceivers market is segmented into short-range, long-range, extended-range, and other wavelengths. In terms of value, in 2023, the long-range segment is expected to account for the largest share of the global optical transceivers market. The large market share of this segment is attributed to the increasing need for greater reliability and faster data transfer speeds for long distances, along with the need to increase data throughput and enhanced signal transmission. However, the extended-range segment is projected to register the highest CAGR during the forecast period.

Based on protocol, the optical transceivers market is segmented into ethernet, FTTx, fiber channel, CWDM/DWDM, and other protocols. In terms of value, in 2023, the ethernet segment is expected to account for the largest share of the global optical transceivers market. The large market share of this segment is attributed to the increasing need for efficient and reliable communication protocols and the rising need to control information passing and avoid simultaneous transmission from multiple systems. However, the fiber channel segment is projected to register the highest CAGR during the forecast period.

Based on data rate, the optical transceivers market is segmented into less than 10 Gbps, 10 Gbps-40 Gbps, 41 Gbps-100 Gbps, and more than 100 Gbps. In terms of value, in 2023, the 10 Gbps-40 Gbps segment is expected to account for the largest share of the global optical transceivers market. The large market share of this segment is attributed to the increasing need for faster and more reliable internet access and high-speed data transfer rates over long distances in applications, including telecommunication and data centers. However, the 41 Gbps-100 Gbps segment is projected to register the highest CAGR during the forecast period.

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Based on distance, the optical transceivers market is segmented into less than 550m, 551m to 20 km, 21 Km to 50 km, 51 Km to 120 km, and more than 120km. In 2023, in terms of value, the 551m to 20 km segment is expected to account for the largest share of the global optical transceivers market. The large market share of this segment is attributed to the growing need for high-speed data transmission and reception of optical signals across a distance of up to 20 km, the rise in high bandwidth-based applications, high-speed data transmission, and the growing network establishment. However, the 21 Km to 50 km segment is projected to register the highest CAGR during the forecast period.

Based on application, the optical transceivers market is segmented into data centers and telecommunication. The data centers segment is further subsegmented into data center interconnects and intra-data center connections. The telecommunication segment is further subsegmented into ultra-long-haul networks, long-haul networks, and metro networks. In 2023, in terms of value, the data centers segment is expected to account for the larger share of the global optical transceivers market. This segment is also projected to register the higher CAGR during the forecast period. The large market share and high growth of this segment are attributed to the increasing need to improve the power efficiency of data center infrastructure, the growing use of datacom applications, the need to connect more data centers over distances, the rising utilization of cloud services, and the need for high bandwidth in data centers.

Based on geography, the global optical transceivers market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, in terms of value, Asia-Pacific is expected to account for the largest share of the optical transceivers market, followed by North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific's major market share is attributed to the increasing adoption of optical modules in data centers and 5G & cloud technologies in the region and the increasing demand for high-speed data transmission and communication networks. Asia- Pacific is also projected to register the highest CAGR during the forecast period due to the rising development and initiatives towards enhancing digital infrastructure and the surging need for higher bandwidths. Additionally, in terms of volume, in 2023, Asia-Pacific is expected to account for the largest share of the global optical transceivers market.

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Key Players:

The key players operating in the optical transceivers market include Accelink Technologies Co., Ltd. (China), Broadcom Inc. (U.S.), Coherent Corp. (U.S.), Lumentum Holdings Inc. (U.S.), Smith Interconnect (U.K.), Sumitomo Electric Industries, Ltd. (Japan), HUBER+SUHNER AG (Switzerland), Hisense Broadband, Inc. (China), Huawei Technologies Co., Ltd. (China), Juniper Networks, Inc. (U.S.), Smartoptics (Europe), InnoLight (China), HG Genuine Co., Ltd. (China), Eoptolink Technology Inc., Ltd. (China), SHANGHAI TARLUZ TELECOM TECH. CO., LTD. (China), Luxshare Precision Industry Co., Ltd. (China), Acacia Communications, Inc. (U.S.), Amphenol Communications Solutions (U.S.), Fujitsu Optical Components Co., Ltd. (Japan), and Intel Corporation (U.S.).

Key questions answered in the report-

1 Which are the high-growth market segments based on form factor, type, wavelength, protocol, data rate, distance, application, and geography?
2 What was the historical market for optical transceivers?
3 What are the market forecasts and estimates for the period 2023-2030?
4 What are the major drivers, restraints, opportunities, challenges, and trends in the optical transceivers market?
5 Who are the major players, and what shares do they hold in the optical transceivers market?
6 How is the competitive landscape in the optical transceivers market?
7 What are the recent developments in the optical transceivers market?
8 What are the different strategies adopted by the major players in the optical transceivers market?
9 What are the key geographic trends, and which are the high-growth countries?
10 Who are the local emerging players in the global optical transceivers market, and how do they compete with the other players?

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This release was published on openPR.