The Global Optical Transceivers Market Revenue to reach $10.7 Billion by 2024
Expanding global IP traffic along with continuous investments in datacenter infrastructure, rising preference for cloud-based business solutions, and changing datacenter network architecture are the key factors contributing to the growth of the market.
BANGALORE, India – 06 April 2018
Infoholic Research LLP, a global market research and consulting organization, has published a study titled “Global Optical Transceiver Market: Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2024” (April 2018).
According to Infoholic Research, digital services have transformed the way several businesses work in recent years. The need for storage, processing, and data transfer capacity of data communication & telecommunication network are rising exponentially. This creates a huge demand for switches and transceivers, particularly optical transceivers with high data transfer rate. The global optical transceivers market has witnessed significant growth in the past decade due to the rapid adoption of IT-based solutions across various applications. Furthermore, the global economic growth is dependent on the Internet, wherein the speed is a critical factor. The datacenters in telecommunication & data communication network should be equipped with high processing and data transfer capacity, which is the fundamental factor driving the growth of the optical transceivers market.
The global optical transceivers market is highly competitive and rapidly evolving with the presence of various established players. Continuous focus on R&D, product differentiation, competitive pricing, optimal production capacity, and stable distribution channel are expected to contribute to the growth of vendors. Few of the prominent trends accelerating the growth include a continuous shift of large-scale data centers to 100G to cater the growing bandwidth requirements, a change from traditional “3-tier tree network” to “2-tier leaf-spine network”, and migration from large enterprises to third-party datacenters to reduce the operating cost.
The global optical transceivers market is estimated to grow at a CAGR of 10.1% during the forecast period 2018–2024.
The market is segmented based on data rates, form factors, and regions. Based on data rates, the market is further segmented into less than 10 GB/sec, 10 GB/sec, 25 GB/sec, 40 GB/sec, and 100 GB/sec & above. Based on form factors, the market is segmented into SFF & SFP, SFP+ & SFP28, QSFP+ & QSFP28, CFP, CFP2, & CFP4, and others. The 10 GB/sec segment accounted for the highest share in 2017 and is expected to lose its share to the 50/100 GB/sec segment during the forecast period due to the shift of major datacenters to higher switching speeds with an objective to cater the expanding datacenter traffic and bandwidth requirements. The Americas is the leading region in the global optical transceivers market, which accounted for a significant share in 2017. Asia Pacific is among the fastest growing regions, which is expected to create tremendous business opportunities during the forecast period.
“Expanding datacenter infrastructure, increasing datacenter interconnect density, and growing demand for higher switching speeds in data communication & telecommunication networks are the key factors contributing to the growth of the global optical transceivers market.” Delsingh Bright, Senior Consultant at Infoholic Research
The report covers the present scenario and the growth prospects of the global optical transceivers market during the forecast period 2018–2024. The report provides an in-depth analysis and forecast of the industry covering the following key features:
- The report is analyzed based on data rates, form factors, and regions.
- The report covers drivers, restraints, and opportunities (DRO) affecting the market growth over the forecast years (2018–2024).
- The report contains an analysis of vendor profiles, which include financial health, business units, key business priorities, SWOT, strategies, and views; and competitive landscape, which includes vendor assessment.
- The report covers the market size and analysis of optical transceivers across regions including the Americas, Europe, Asia Pacific, and MEA.
- The report covers competitive landscape, which includes mergers & acquisitions, joint ventures & collaborations, and competitor comparison analysis.