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Optical transceivers market to reach $5.31 bn by 2030

The research report provides an in-depth analysis of optical transceivers market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2030, according to Research And Markets.

The optical transceivers market is expected to reach $5.31 billion by 2030, at a CAGR of 12.4% during the forecast period (2023-2030). Based on volume, the 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 attributed to the factors such as 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.

The growing adoption of 5G and cloud technologies 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.

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 optical transceivers market.

The large market share of this segment is attributed to the growing installation of optical transceivers for data center aggregation and backplane applications and the rising 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 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 increased adoption of high-data-rate modules, rising demand for optical communications for low signal attenuation and high bandwidth, expansion of telecom infrastructure, and growing demand for high data transmission,

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 optical transceivers market. The large market share of this segment is attributed to the increasing need to improve data throughput and enhanced signal transmission, along with the need for greater reliability and faster data transfer speeds for long distances. 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 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 optical transceivers market. The large market share of this segment is attributed to the rising 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.

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 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 rising 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 largest share of the optical transceivers market. This segment is also projected to register the highest CAGR during the forecast period. The large market share and high growth of this market are attributed to the rising utilization of cloud services, the need for high bandwidth in data centers, the growing need to improve the power efficiency of data center infrastructure, and the need to connect more data centers over distances.

Based on geography, the 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 is also projected to register the highest CAGR during the forecast period.

The growth of this regional market is attributed to the increasing adoption of optical modules in data centers and 5G & cloud technologies in the region, the growing demand for high-speed data transmission and communication networks, the rising development and initiatives towards enhancing digital infrastructure, the growing need for higher bandwidths.

CT Bureau

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