Optical Transceiver Industry worth $14.3 billion by 2026 Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=161339599 The #opticaltransceiver market is projected to grow from USD 7.0 billion in 2021 to USD 14.3 billion by 2026; it is expected to grow at a CAGR of 15.2% during the forecast period. Owing to COVID-19, the optical market is estimated to face headwinds for 2021–2022. The increase in adoption of smart devices and rising data traffic is providing growth for optical transceivers. The key players in the optical transceiver market include II-VI (US), Broadcom (US), Lumentum (US), Sumitomo Electric industries (Japan), Accelink (China), Smartoptics (Norway), Infinera (US), Fujitsu optical Components (Japan), Hisense Broadband (China), Huawei (China), Innolight (China), Ciena (US), Mellanox (US) (the company was acquired by Nvidia in April 2020), Applied Optoelectronics (US), Amphenol (US), Intel (US), NEC (Japan), Cisco (US), NeoPhotonics (US), Perle Systems (Canada), FOCI (Taiwan), Source Photonics (US), Solid Optics (US), Eoptolink (China), and Reflex Photonic (Canada) (the company was acquired by Smiths Interconnect (US) in November 2019). uSenlight (Taiwan), and Precision Optical Transceivers (US), POET Technologies (US), ProLabs (US), Elenion Technologies (US), HRB Technologies (India), and Alpine Optoelectronics (China) are few startup companies that provide such type of transceivers. https://www.marketsandmarkets.com/Market-Reports/optical-transceiver-market-161339599.html

The #OpticalTransceiver Market is projected to grow from USD 7.0 billion in 2021 to USD 14.3 billion by 2026; it is expected to grow at a CAGR of 15.2% during the forecast period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=161339599 Owing to COVID-19, the optical market is estimated to face headwinds for 2021–2022. The increase in adoption of smart devices and rising data traffic is providing growth for optical transceivers. There has been observed increased adoption of smart devices in recent years. It includes smartphones, tablets, laptops & desktops, and other smart devices (such as wearable devices, home assistant, IoT based home security system, and gaming consoles). Increasing trends of connected systems across various applications such as consumer devices, smart homes, and automotive, industrial communication, among others, have set to raise several IoT connections. #AI , #IoT , and #5G are major trends expected to rise, increasing the adoption of smart devices and resulting in rising data traffic. This factor further drives the market for optical transceivers, as these transceivers are used either as an extension or in combination with these electronic products for internet connectivity. The growing internet penetration rate and the number of global internet users act as a major driver for the optical transceiver market. With the global rise in internet users, the data traffic is expected to increase further and act as a catalyst for the optical transceiver market. As data traffic increases, data storage needs will rise; hence, centers are expected to upgrade their networks to fulfill these needs, which in turn drive the market for optical transceivers. The key players in the optical transceiver market include II-VI (US), Broadcom (US), Lumentum (US), Sumitomo Electric industries (Japan), Accelink (China), Smartoptics (Norway), Infinera (US), Fujitsu optical Components (Japan), Hisense Broadband (China), Huawei (China), Innolight (China), Ciena (US), Mellanox (US) (the company was acquired by Nvidia in April 2020), Applied Optoelectronics (US), Amphenol (US), Intel (US), NEC (Japan), Cisco (US), NeoPhotonics (US), Perle Systems (Canada), FOCI (Taiwan), Source Photonics (US), Solid Optics (US), Eoptolink (China), and Reflex Photonic (Canada) (the company was acquired by Smiths Interconnect (US) in November 2019). uSenlight (Taiwan), and Precision Optical Transceivers (US), POET Technologies (US), ProLabs (US), Elenion Technologies (US), HRB Technologies (India), and Alpine Optoelectronics (China) are few startup companies that provide such type of transceivers. https://www.prnewswire.com/news-releases/optical-transceiver-market-worth-14-3-billion-by-2026--exclusive-report-by-marketsandmarkets-301357877.html

The #opticaltransceiver market is projected to grow from USD 7.0 billion in 2021 to USD 14.3 billion by 2026; it is expected to grow at a CAGR of 15.2% during the forecast period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=161339599 Owing to COVID-19, the optical market is estimated to face headwinds for 2021–2022. The increase in adoption of smart devices and rising data traffic is providing growth for optical transceivers. The key players in the optical transceiver market include II-VI (US), Broadcom (US), Lumentum (US), Sumitomo Electric industries (Japan), Accelink (China), Smartoptics (Norway), Infinera (US), Fujitsu optical Components (Japan), Hisense Broadband (China), Huawei (China), Innolight (China), Ciena (US), Mellanox (US) (the company was acquired by Nvidia in April 2020), Applied Optoelectronics (US), Amphenol (US), Intel (US), NEC (Japan), Cisco (US), NeoPhotonics (US), Perle Systems (Canada), FOCI (Taiwan), Source Photonics (US), Solid Optics (US), Eoptolink (China), and Reflex Photonic (Canada) (the company was acquired by Smiths Interconnect (US) in November 2019). uSenlight (Taiwan), and Precision Optical Transceivers (US), POET Technologies (US), ProLabs (US), Elenion Technologies (US), HRB Technologies (India), and Alpine Optoelectronics (China) are few startup companies that provide such type of transceivers. https://www.marketsandmarkets.com/Market-Reports/optical-transceiver-market-161339599.html

The #opticaltransceiver market is projected to grow from USD 7.0 billion in 2021 to USD 14.3 billion by 2026; it is expected to grow at a CAGR of 15.2% during the forecast period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=161339599 The increase in adoption of smart devices and rising data traffic is providing growth for optical transceivers. There has been observed increased adoption of smart devices in recent years. It includes smartphones, tablets, laptops & desktops, and other smart devices (such as wearable devices, home assistant, IoT based home security system, and gaming consoles). Increasing trends of connected systems across various applications such as consumer devices, smart homes, and automotive, industrial communication, among others, have set to raise several IoT connections. #AI , IoT, and 5G are major trends expected to rise, increasing the adoption of smart devices and resulting in rising data traffic. This factor further drives the market for optical transceivers, as these transceivers are used either as an extension or in combination with these electronic products for internet connectivity. The growing internet penetration rate and the number of global internet users act as a major driver for the optical transceiver market. With the global rise in internet users, the data traffic is expected to increase further and act as a catalyst for the optical transceiver market. As data traffic increases, data storage needs will rise; hence, centers are expected to upgrade their networks to fulfill these needs, which in turn drive the market for optical transceivers. The key players in the optical transceiver market include II-VI (US), Broadcom (US), Lumentum (US), Sumitomo Electric industries (Japan), Accelink (China), Smartoptics (Norway), Infinera (US), Fujitsu optical Components (Japan), Hisense Broadband (China), Huawei (China), Innolight (China), Ciena (US), Mellanox (US) (the company was acquired by Nvidia in April 2020), Applied Optoelectronics (US), Amphenol (US), Intel (US), NEC (Japan), Cisco (US), NeoPhotonics (US), Perle Systems (Canada), FOCI (Taiwan), https://www.prnewswire.com/news-releases/optical-transceiver-market-worth-14-3-billion-by-2026--exclusive-report-by-marketsandmarkets-301357877.html

#OpticalTransceiver Market with COVID-19 Impact Analysis, by Form Factor (SFF and SFP; SFP+ and SFP28; XFP; CXP), Data Rate, Wavelength, Fiber Type, Connector, Distance, Protocol, Application (Data Center, Enterprise), and Region - Global Forecast to 2026" Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=161339599 optical transceiver market is projected to grow from USD 7.0 billion in 2021 to USD 14.3 billion by 2026; it is expected to grow at a CAGR of 15.2% during the forecast period. Owing to COVID-19, the optical market is estimated to face headwinds for 2021–2022. The increase in adoption of smart devices and rising data traffic is providing growth for optical transceivers. http://industrytech.weebly.com/home/optical-transceiver-market-for-data-center-application-is-projected-to-have-the-highest-share-during-the-forecast-period7320660