Data Center Optical Module Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

Data center optical module market is estimated to grow at a significant CAGR during the forecast period. The market has a promising growth potential owing to several driving factors such as an increase in adoption of smart devices and rising data traffic; rise in demand for compact and energy-efficient transceivers; and growth in the importance of mega data centers, for longer reach and high rates of data transmission with efficient power consumption.

The optical transceivers/modules are used for transmitting and receiving the optical signals in high-capacity data centers. Generally, the data centers feature a hierarchy type of ethernet network. These networks can be copper-based, fiber-based, or hybrid (copper-fiber). In the modern network, upgrading all devices to fiber-based components may not be convenient. The optical transceivers are used in certain cases to convert an electric signal into an optical signal. These signals are further transferred through fiber optic cables. The transceivers consist of pairs of transmitters and receivers which play important role in the electro-optical and reverse conversion of signals.

Cloud computing is the process of storing data over the internet and accessing it over a remote server. The users can access data anytime, thus saving substantial capital costs in infrastructure and deriving huge benefits in business. There has been an immense growth of cloud computing applications in the field of consumers as well as business applications over the past few years. The increase in internet data traffic and rising demand for smartphones and other smart gadgets are driving the growth of cloud-based services, which in turn, is increasing opportunities for the global data center optical module market.

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Market Coverage

· The market number available for - 2022-2030

· Base year- 2022

· Forecast period- 2023-2030

· Segment Covered-

· By Type

· By Application

· Competitive Landscape- II-VI Inc., InnoLight Technology, Accelink Technologies, Sumitomo Corp., among others.

Data Center Optical Module Market Report Segmentation

By Type

• 40G

• 100G

• 200G

• 400G

• 800G

By Application

• Large Data Center

• Small and Medium Data Center

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Data Center Optical Module Market by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

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