Business Analysis Optical Transceiver Market 2023
Industry Analysis by Broadcom Corporation, Ruckus Networks, Curvature, GBC Photonics, AimValley B.V., integra optics, Moog Protokraft, PennWell Corporation.optical sfp connector
Global Optical Transceiver Market: Fiber Type (Single-Mode SFP, Multimode SFP), Data rate (Less than 10Gbps, 10 to 40 Gbps, 40 to 100 Gbps, more than 100 Gbps), End-User (Telecom, Enterprises, Data Centers), Form Factor, Configuration – Forecast till 2023
Optical transceivers are the devices used in optical communication for the transfer of critical information over different communication channels including the ethernet. These devices, having similar operation as that of the radio or a telephone system, act as a single module to transmit and receive the information. The major advantage of using an optical transceiver is to save the space and avoid the need to have an additional transmitter and a receiver. The optical transceivers enable any network to transmit the information over a larger distance with the help of higher bandwidth, having a compact system module.
The major factors driving the growth of optical transceiver market include the increasing internet data traffic, growing demand for smartphones and other smart devices, and growing adoption of cloud-based services. However, the market is limited by the lack of network connectivity. On the other hand, the market is experiencing several opportunities in the introduction of cheaper and efficient transceivers, and growth in the commercialization of internet of things. The market of optical transceivers is expected to show a significant growth rate and is expected to reach maturity by 2025.