Optical Transceiver Market Strategic Assessment, Research, Region, Share and Global Expansion by 2023
Market Synopsis
Market Research Future (MRFR) postulates that the global optical transceiver market is slated to register a CAGR of 15% during the forecast period (2017-2023). Increased internet data traffic is likely to favor the market growth to a large extent. Optical transceivers are referred to as devices which are generally used in the optical communication for transferring critical information across communication channels including the Ethernet. Such devices comprise similar operations as that of a television or a radio system and act as a single module in order to receive and transmit information. The major benefit of using optical transceiver is to avoid the need to have an extra receiver and a transmitter and also save the space.
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Market Potential and Pitfalls
The market’s course is chiefly directed by the rising internet data traffic, rising adoption of cloud-based services, and augmenting demand for smartphones and other smart devices. The optical transceivers market is expected to witness a sturdy growth owing to its low-cost transport of information over the network. Optical transceivers are preferred over conventional transceivers as they require low maintenance cost when compared to other conventional devices. They also support huge bandwidth and are therefore used in high-speed network infrastructure like broadband internet connections. They are also used as both data centers and carriers. Optical transceivers are implemented to upgrade the data center networks and communication networks for effective management of the traffic with high speed. With the augmenting demand for high speed and reliable mobile communication, optical transceivers are extensively used for communication network infrastructure. Such factors are highly contributing to the growth of the market over the appraisal period.
On the contrary, the lack of network connectivity is estimated to hinder the growth of the market in the coming years. Despite such drawbacks, the market is experiencing opportunities in the advent of effective and cheaper transceivers coupled with the growth in the commercialization of the Internet of Things (IoT). Moreover, the dearth of experienced consultants is likely to pose a challenge to the growth of the market across the globe.
Competitive Dashboard
The prominent players operating in the global Optical Transceiver Market comprises AimValley B.V. (The Netherlands), Foxconn Electronics Inc. (Taiwan), Integra optics (U.S.), Source Photonics Inc (U.S.), Fujitsu Optical Components Ltd. (Japan), Murata Manufacturing Co. Ltd (Japan), Laird Technologies Inc (U.S.), Sumitomo Electric Industries Ltd. (U.S.), Sandstone Technologies Inc. (U.S.), Moog Protokraft (U.S.), Curvature (U.S.), Finisar Corporation (U.S.), PennWell Corporation (U.S.) PeakOptical (Denmark), Oclaro Inc. (U.S.), NeoPhotonics Corporation (U.S.), Accelink Technologies Co. Ltd (China), Into Networks B.V. (the Netherlands), Precision Optical Transceivers Inc (U.S.), Broadcom Corporation (U.S.), Lumentum Holdings Inc. (U.S.), FS.COM (U.S.), Reflex Photonics Inc (Canada), Smartoptics (Norway), Perle Systems (Canada), GBC Photonics (Poland), and Ruckus Networks (U.S.).
Segmental Analysis
The global optical transceiver market has been segmented on the basis of fiber type, data rate, form factor, end-user, and configuration.
By mode of fiber type, the global optical transceiver market has been segmented into multimode SFP and single-mode SPF.
By mode of data rate, the global optical transceiver market has been segmented into less than 10Gbps, 10 to 40 Gbps, 40 to 100 Gbps, and more than 100 Gbps.
By mode of end-users, the global optical transceiver market has been segmented into enterprises, telecommunication, and data centers. Among these, the data centers occupy the majority share in the global market and are likely to retain its growth in the coming years.
By mode of form factor, the global optical transceiver market has been segmented into SFP+, SFP, QSFP, SFP28, QSFP28, QSFP+, CFP, CXP, and others. Among these, the QSFP, QSFP+, QSFP14, and QSFP28 form factor, together are likely to occupy the largest share as these transceivers are ideal for major applications such as high-performance computing, high-density signal transmission in data centers, VoIP, and high-speed data processing.
By mode of configuration, the global optical transceiver market has been segmented into half-duplex and full-duplex mode.
Industry Updates
March 07, 2019: With the advent of 400G QSFP-DD FR4 optical transceiver, ColorChip has claimed a major milestone. The optical transceiver has been designed to accomplish the needs of today’s mega datacenters.
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Regional Insights
The global optical transceiver market span across regions namely, Europe, North America, Asia Pacific, and Rest-of-the-World (RoW).
Considering the global scenario, the optical transceiver market is mainly driven and dominated by the North American region. As the region experiences advancements in the field of optical network and is overall a technologically advanced region, the growth of optical transceivers is evident here. Moreover, with the rising adoption of data centers coupled with the consequent volume of unstructured data, the market is likely to flourish in this region. Additionally, major vendors are extensively investing in R&D activities which is further adding to the development of the market throughout the assessment period.
The European region has acquired the second spot in the global market as the region is technologically matured with the presence of nations such as the U.K., Germany, and France.
The Asia Pacific region, on the other hand, is estimated to showcase the highest CAGR. Changes made in the economic conditions of China and India, where the government is taking initiatives to enhance the network infrastructure through optical fiber networks and higher adoption of data centers across the region, the market is predicted to flourish.
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